>Global Mobile Personal Emergency Response Systems Market, By Device Type (Wireless, Cellular, GPS-Based), Component (Smoke Detectors, Bed Sensors, Fall Detection Sensors, Others), Subscription Model (Monthly, Annual, Others), End User (Home-Based Users, Senior Living Facilities, Assisted Living Facilities), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Mobile Personal Emergency Response Systems Market
Mobile personal emergency response systems market is expected to witness market growth at a rate of 7.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on mobile personal emergency response systems market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Personal Emergency Response Systems (PERS), also known as Medical Emergency Response Systems, are a diversified market for healthcare monitoring devices that target people in need of urgent medical treatment. In addition to the use of patients to call for assistance during emergencies, these devices are often commonly used by individuals to ensure protection and security while living or travelling alone.
The growing demand of the device to let elderly or disabled individuals call for immediate assistance in case of emergencies, increasing prevalence of geriatric population across the globe, rising growth of the healthcare as well as semiconductor industries, rising incidences of chronic diseases amongst people, increasing adoption of smartphones are some of the vital as well as important factors which will likely to augment the growth of the mobile personal emergency response systems market in the projected timeframe of 2021-2028. On the other hand, surging levels of investment for the development of healthcare infrastructure along with rising number of research and development activities which will further contribute by generating immense opportunities that will led to the growth of the mobile personal emergency response systems market in the above mentioned projected timeframe.
High cost associated with the usage of system along with low adoption of technology in developing economies which will likely to act as market restraints factor for the growth of the mobile personal emergency response systems in the above mentioned projected timeframe. Increasing concern regarding data security along with lack of sufficient knowledge over the utilization of system in rural areas which will become the biggest and foremost challenge for the growth of the market.
This mobile personal emergency response systems market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on mobile personal emergency response systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Mobile Personal Emergency Response Systems Market Scope and Market Size
Mobile personal emergency response systems market is segmented on the basis of device type, component, subscription model, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Mobile personal emergency response systems market on the basis of device type has been segmented as wireless, cellular, and GPS-based. Wireless segment has been further segmented into wireless medical panic button, and life SOS equipment.
- Based on component, the mobile personal emergency response systems market has been segmented into smoke detectors, bed sensors, fall detection sensors, and others.
- On the basis of subscription model, the mobile personal emergency response systems market has been segmented into monthly, annual, and others.
- Mobile personal emergency response systems has also been segmented on the basis of end user into home-based users, senior living facilities, and assisted living facilities.
Mobile Personal Emergency Response Systems Market Country Level Analysis
Mobile personal emergency response systems market is analysed and market size, volume information is provided by country, device type, component, subscription model, and end user as referenced above.
The countries covered in the mobile personal emergency response systems market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the mobile personal emergency response systems market due to the increasing adoption of smartphones, wireless phones, rising number of technological advancement, prevalence of favourable government policies along with increasing number of geriatric population in the region while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the rising healthcare expenditure along with increasing per capita income of the people in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Personal Emergency Response Systems Market Share Analysis
Mobile personal emergency response systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile personal emergency response systems market.
The major players covered in the mobile personal emergency response systems market report are ALERTONE SERVICES LLC.; Cisco; Nortek Control.; VRI.; Honeywell International Inc.; Tunstall Group; Robert Bosch GmbH; GreatCall.; Koninklijke Philips N.V.; ADT.; Bay Alarm Family of Companies.; Medical Guardian, LLP.; AT&T Intellectual Property.; Aerotel Medical Systems Ltd.; MobileHelp; by NXT-ID Inc; MedicAlert Foundation; Cape Cod Healthcare Inc.; Connect America; Critical Signal Technologies; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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