Personal Emergency Response System Market
Personal Emergency Response System Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Personal
Emergency Response System Market Size and Growth
The Personal Emergency Response System (PERS) market is experiencing significant growth, driven by increasing demand for senior safety solutions. Currently valued at approximately $3.3 billion, the market is projected to expand at a CAGR of around 7% over the next five years, fueled by advancements in technology and an aging population.
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Companies Covered
(Covid 19 Impact Covered)
◍ Koninklijke Philips
◍ ADT Corporation
◍ Tunstall Healthcare Group
◍ Valued Relationships
◍ Medical Guardian
The Personal Emergency Response System (PERS) market features players like Koninklijke Philips, ADT Corporation, Tunstall Healthcare, Valued Relationships, and Medical Guardian. These companies enhance market growth by offering innovative solutions, improving user experience, and expanding distribution channels. Sales revenues: Philips - €19.5 billion, ADT - $5.1 billion, Medical Guardian - $30 million.
Market Segmentation
By Application
Home-Based Users
Senior Living Facilities
◍ Assisted Living Facilities
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By Product
Landline
Mobile
Standalone
Market Growth
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$ X Billion USD
