According to the research report titled ‘Global Personal Emergency Response Systems (PERS) Market Size study, By Type (Mobile PERS, Standalone PERS, Landline PERS), By End-use (Senior Living Facilities, Home-based Users, Assisted Living Facilities, Others), and Regional Forecasts 2022-2028’, available with MarketStudyReport, global personal emergency response systems (PERS) market is anticipated to witness a healthy CAGR during 2022-2028.

Report findings suggest that increasing geriatric population, rising penetration of smartphones among individuals, and improving strategic efforts by leading players are the major growth determinants for global personal emergency response systems (PERS) market.

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For the unversed, a user of the PERS System can contact an emergency response center in the event of any medical emergencies just by pressing a button. A small radio transmitter, a console connected to a phone or smartphone, and an emergency response center that tracks calls make up the PERS system in general.

Furthermore, soaring technological developments in the healthcare sector and rising per capita healthcare spending around the world are expected to augment industry expansion in the coming years.

However, high implementation costs associated with PERS System and the necessity for constant upgrades & maintenance may impede market growth during 2022-2028.

Based on type, worldwide personal emergency response systems (PERS) industry is divided into landline PERS, standalone PERS, and mobile PERS. In terms of end-user, the market is branched into assisted living facilities, home-based users, senior living facilities, and others.

Regionally, North America industry holds the major revenue share at present and is poised to witness considerable growth during the assessment timeframe, owing to rising elderly population and presence of strong healthcare infrastructure in the region.

Whereas Asia Pacific market is slated to grow considerably during the forecast period, due to booming healthcare sector and increased per capita healthcare spending in the region.

The leading players in global personal emergency response systems (PERS) industry are AlertOne Services LLC, GreatCall Inc., Electronic Caregiver Inc., Medical alert systems, Tunstall Group Holdings Limited, Valued Relationships Inc., Connect America LLC, Life Alert Emergency Response Inc., ADT Inc., and Koninklijke Philips NV.