Latest Report: Global Personal Emergency Response System Market to grow at a CAGR of 5.7% during 2016-2020

Albany, NY, May 11, 2017: The rapid growth of the global population raises concerns about the well-being of the older people as they may become vulnerable due to diminished communication capabilities, health challenges, financial circumstances, and chronic or terminal illness.

PERS for hospital and at-home care is a critical device, which is designed to signal the presence of a hazard and the requirement of urgent attention for the older population as well as people with disabilities during an emergency. Medical personnel are dispatched by response associates to assist the affected people accordingly for further care. These systems are available in various types, which include mobile PERS, landline PERS, and stand-alone PERS. They are available in the form of wireless pendants, wrist watches, sensors, motion detectors, smartphones, or transmitters that can be activated in an emergency. PERS can be available on purchase, lease, or rent based on a doctors recommendation. Medicaid and insurance companies primarily do not pay for the device. However, national manufacturers, hospitals, local distributors, and NGOs often pay the rental, which includes monitoring services.

The global PERS market to grow at a CAGR of 5.7% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global PERS market for 2016-2020. The market size was calculated from revenue generated from the sales of PERS by the market vendors.

The global air cargo market to grow at a CAGR of 4.57% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global air cargo market during the period 2016-2020. To calculate the market size, the report considers the volume of cargo in RTK and metric tons.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Personal Emergency Response System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ADT LLC
- Bay Alarm Medical
- Life Alert Emergency Response Inc.
- Phillips Lifeline
- Valued Relationships Inc. (VRI)

Other prominent vendors
- Alert One Services
- Appello
- Age UK
- AT&T
- Buddi Ltd
- Connect America
- Critical Signal Technologies
- Galaxy Medical Alert Systems
- GreatCall Splash
- Medical Alarm Concepts Holding
- Medical Guardian
- MobileHelp
- Tunstall Americas
- Vector Security
- VESAG
- VNA Homecare
- Voicecare

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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