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PERSONAL EMERGENCY RESPONSE SYSTEMS (PERS)

Global Market Trajectory & Analytics

MCP-7561

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

5483
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

877
Interactions with Platform & by Email

PARTICIPANTS

164
Unique # Participated

VALIDATIONS

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Responses Validated*
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DATE

JULY 2020

TABLES

111

PAGES

391

EDITION

19

PRICE

USD $5450


The pandemic has catalyzed the hitherto underutilized and untapped potential of telemedicine. It is a case of creative and innovative disruption for digital healthcare technologies. With physician offices and out-patient clinics forced to remain closed and/or limit services to emergency care to prevent the spread of COVID-19 virus, the use of telemedicine has spiked across the globe. Defined as a technology that utilizes internet, mobile communications and videoconferencing tools to provide consultations over the phone and video chat, telemedicine is witnessing overnight success. Until now not fully adopted by healthcare payers, providers and patients, the pandemic and the social distancing need has triggered over 50x increase in adoption of telemedicine. Millions of patients and doctors have been forced to utilize telemedicine to ensure continuity of care during the pandemic. In the United States, in the year 2019, only 35% of physicians utilized telemedicine technologies in their practice. However, with the centers for disease control (CDC) urging healthcare providers to communicate with patients virtually, adoption has increased significantly. Policy led decisions and regulatory amendments have also catalyzed growth. The U. S. government for instance during the pandemic expanded telehealth consultations to nearly 62 million Medicare beneficiaries, while the Office of Civil Rights (ORC)temporarily lifted restrictions such as penalty for HIPAA violations for providers utilizing telehealth. Healthcare providers have also been allowed to reduce or waive deductibles for telehealth visits. Given the difficulties and challenges involved in ensuring conformance to rapidly evolving recommendations regarding Covid-19, outpatient practices are referring low to moderate risk patients to schedule video visits to avoid travel to in-person care sites.

The pandemic has created a high risk scenario for older adults with co morbid health conditions. COVID-19 mortality rate is significantly higher for aging adults over the age of 60 years. With aging seniors accounting for a sizable percentage of the population in developed countries, self-isolation is widely recommended for the elderly living alone in their own homes. To ensure timely and safe care amid the pandemic, PERS is increasingly being integrated with telemedicine. Given the current pandemic induced rise in telemedicine platforms, the convergence has been faster, more easier and profitable. Until now, PERS was just used as an effective support system to help senior citizens stay connected with emergency response centers and contacts 24×7. However, now with hospitals turning into high-risk facilities for the elderly, telemedicine is also beginning to be integrated to ensure that prompt care is given immediately even before first responders reach the patient physically. PERS-Telehealth combination is therefore growing in attractiveness for its ability to increase the overall value offered to the patient. While PERS activate semergencyalerts, simultaneous access to virtual doctors and nurses is also enabled via telemedicine to the patient. This ensures instant patient management with better patient outcomes. This combination also reduces the need for hospitalization by enabling delivery of preventive measures such as periodic self-care education, tracking vitals, and sending medication reminders. Developments in sensors, advanced algorithms, artificial intelligence & wearable medical devices are encouraging convergence of PERS with telehealth. The pandemic is also shedding a clear focus on IoT, analytics, mobility and cloud all which are enabling integration of PERS devices with telehealth services. At a time when access to health services is limited, the combination of PERS & telemedicine will allow non-COVID patients to stay connected with emergency response centers 24×7. The pandemic is providing a strong incentive for greater adoption of remote monitoring technologies and push towards a new care delivery model. The global market for Personal Emergency Response Systems (PERS)against this backdrop is expected to witness growth spike by 14.8% in 2020.

As hospitals step-up deployment of remote patient monitoring infrastructure & integrate them into electronic medical record systems, PERS will witness a spike in growth in 2020 & beyond. The global PERS market is projected to reach a revised size of US$6.3 billion by the year 2027, trailing a CAGR of 6.1%. Mobile PERS, one of the segments analyzed in the report, is projected to grow at a 7.5% CAGR to reach US$5.7 billion by the end of the analysis period. Other major factors expected to remerge to drive growth in the post-COVID-19 period include increase in social and community centered programs and solutions such as home-based health programs that support aging in place; development of retirement communities and senior housing facilities; growing private investments in medical alert response services; robust foreign investments by overseas med-tech companies; launch of new smart devices with fall detection, disease tracking, proximity sensing and health data integration capabilities; and increased acceptance of technology-assisted healthcare among the educated elderly. COVID-19 has pushed social care services out of the embryonic stage in developing countries and the upcoming years will see a large chunk of projected growth coming Asia. Affluence of educated elderly individuals and their adult children and growing acceptance of smart phones and connected wearable's among the elderly will spur opportunities for Mobile PERS (mPERS).

ADT Security Services Inc.; Alert Response LLC; AlertOne Services LLC; Appello; Bay Alarm Medical; Chubb Community Care; Connect America Medical Alarm Company; Galaxy Medical Alert Systems Ltd.; Healthcom Inc.; Life Alert Emergency Response Inc.; LogicMark LLC; Ningbo Hi-Tech Park Jabo Electronics Co. Ltd.; Rescue Alert; TeleAlarm SA; Tunstall Healthcare Group; Tynetec Ltd.; VRI, Inc.
» Type (Mobile PERS, Landline PERS, Standalone PERS) » End-Use (Home-based, Hospitals, Nursing Homes, Other End-Uses)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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05
1. MARKET OVERVIEW
COVID-19 Pandemic Creates Strong Demand Growth Scenario for Telehealth Services and Solutions
EXHIBIT: COVID-19 Fatality Rate by Age
EXHIBIT: COVID-19 Deaths by Age Group in the US
EXHIBIT: Increasingly Combined with Telehealth, PERS Market to Share the Opportunities Unleashed by COVID-19 Induced Rise of Remote Patient Monitoring Technologies: Adoption of Health Services (In %) 2019 Vs 2024
Telecare: The Amalgamation of Technology and Health Care
Types of Telecare Devices
Evolution of Smartness in Telecare
Personal Emergency Response Systems (PERS): An Introduction
PERS Systems Market: Prospects & Outlook
Mobile Personal Emergency Response System Segment to Post Highest Growth Rate
Developed Regions Reinforce Commanding Position in Global PERS Market
Competition
World Brands
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Aging Global Population Desirous of Independent Living Supports Growth of PERS Market
EXHIBIT: Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
EXHIBIT: Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
Convergence of PERS and Telehealth for Swift Emergency Response to Senior Citizens
Advent of Senior-Friendly mHealth and Telehealth Technologies
mPERS: Ability to Provide Safety Outside Homes Drives Growth
Outdoor Alarms Facilitate Mobility
Growing Demand for Home Healthcare Augurs Well for PERS Market
Rapidly Evolving Role of Home Telehealth Instigates Broad-based Opportunities for PERS Market
A Glance at Select Medical Emergency Response Systems
Smart Homes as Portals for Healthcare Delivery Help Expand the Opportunity for Telehealth Services, Supporting Growth of PERS Market
EXHIBIT: Number of Smart Homes Worldwide (In Million) for 2017, 2019, 2021, 2023 and 2025
PERS Supports the Needs of Immobile Patients
Increasing Per Capita Expenditure on Healthcare Augurs Well for PERS Market
EXHIBIT: Per Capita Healthcare Spending (in US$) in Select Countries (2019)
Smart Technologies Improve Capabilities of Medical Alert Systems
Auto Fall Detection Systems: Supporting Independent Lifestyles of the Elderly
Technological Advancements Drive PERS Market
AI-based Digital Assistant for Accurate and Rapid Recognition of Cardiac Arrest
Theora Care’s Wearable Remote Monitoring System
AI-Powered Solutions Come to Support PERS for Timely Response
IoT Solutions to Improve Senior Care and Help Seniors Community Live Independent Life
EXHIBIT: World IoT Market: Number of Connected Devices (in Million) for Years 2016, 2018, 2020 and 2022
App-Based PERS for Enhanced Safety and Freedom
Reimbursement Scenario Around the World
Challenges for PERS Market
4. GLOBAL MARKET PERSPECTIVE
Personal Emergency Response Systems (PERS) Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
Personal Emergency Response Systems (PERS) Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
Personal Emergency Response Systems (PERS) Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Mobile PERS (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
Mobile PERS (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
Mobile PERS (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Landline PERS (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
Landline PERS (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
Landline PERS (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Standalone PERS (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
Standalone PERS (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
Standalone PERS (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
Home-based (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
Home-based (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
Home-based (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
Hospitals (End-Use) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
Hospitals (End-Use) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
Hospitals (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
Nursing Homes (End-Use) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
Nursing Homes (End-Use) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2012 to 2019
Nursing Homes (End-Use) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
Other End-Uses (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
Other End-Uses (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
Other End-Uses (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
GEOGRAPHIC MARKET ANALYSIS
United States
COVID-19 Pandemic Creating Strong Demand Growth Scenario for Telehealth Providers in the US
A Snapshot of the US PERS Market
Promising Growth Outlook for PERS Market
Aging Population: A Key Driving Factor
EXHIBIT: US Population by Age Group (in %) for 2018, 2030 & 2050
Improved Senior Living Communities to Offer Better Prospects
Rising Costs of Patient Falls to Drive Adoption of PERS
PERS to Become an Integral Part of Aging-in-Place Solutions
mPERS: Transforming Elderly Care Provision
Advanced Technologies to Foster Adoption
New Players Venture into PERS Market
Service Bundling Gains Traction
Healthcare Organizations Lobbying with CMS to Relax Restriction on Telemedicine and Telehealth for Seniors
United States Personal Emergency Response Systems (PERS) Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
Personal Emergency Response Systems (PERS) Market in the United States by Type: A Historic Review in US$ Thousand for 2012-2019
United States Personal Emergency Response Systems (PERS) Market Share Breakdown by Type: 2012 VS 2020 VS 2027
United States Personal Emergency Response Systems (PERS) Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2012-2019
Personal Emergency Response Systems (PERS) Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
Canada
Canadian Personal Emergency Response Systems (PERS) Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
Canadian Personal Emergency Response Systems (PERS) Historic Market Review by Type in US$ Thousand: 2012-2019
Personal Emergency Response Systems (PERS) Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
Canadian Personal Emergency Response Systems (PERS) Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
Canadian Personal Emergency Response Systems (PERS) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
Japan
PERS Market in Japan: An Overview
COVID-19 Outbreak & Graying Population Spur Growth
EXHIBIT: Breakdown of Population by Age Group in Japan: 2010, 2020, and 2025
Japanese Market for Personal Emergency Response Systems (PERS): Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
Personal Emergency Response Systems (PERS) Market in Japan: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019
Japanese Personal Emergency Response Systems (PERS) Market Share Analysis by Type: 2012 VS 2020 VS 2027
Japanese Demand Estimates and Forecasts for Personal Emergency Response Systems (PERS) in US$ Thousand by End-Use: 2020 to 2027
Japanese Personal Emergency Response Systems (PERS) Market in US$ Thousand by End-Use: 2012-2019
Personal Emergency Response Systems (PERS) Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
China
Market Overview
Chinese Personal Emergency Response Systems (PERS) Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
Personal Emergency Response Systems (PERS) Historic Market Analysis in China in US$ Thousand by Type: 2012-2019
Chinese Personal Emergency Response Systems (PERS) Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
Chinese Demand for Personal Emergency Response Systems (PERS) in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Market Review in China in US$ Thousand by End-Use: 2012-2019
Chinese Personal Emergency Response Systems (PERS) Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
Europe
Market Overview
EXHIBIT: European Country-wise Statistics for Adult Population: 65+ Population as % of Total Population in Select Countries for 2019
Connected Care Gains Prominence in Europe
PERS Market Bodes Healthy Prospects
High Costs of Telecare Equipment Dampen Growth for Advanced Generation Products
Technical Standards for Social Alarms
European Personal Emergency Response Systems (PERS) Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
Personal Emergency Response Systems (PERS) Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
European Personal Emergency Response Systems (PERS) Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
European Personal Emergency Response Systems (PERS) Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
Personal Emergency Response Systems (PERS) Market in Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019
European Personal Emergency Response Systems (PERS) Market Share Breakdown by Type: 2012 VS 2020 VS 2027
European Personal Emergency Response Systems (PERS) Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
Personal Emergency Response Systems (PERS) Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
European Personal Emergency Response Systems (PERS) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
France
A Snapshot of French PERS Market
Personal Emergency Response Systems (PERS) Market in France by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
French Personal Emergency Response Systems (PERS) Historic Market Scenario in US$ Thousand by Type: 2012-2019
French Personal Emergency Response Systems (PERS) Market Share Analysis by Type: 2012 VS 2020 VS 2027
Personal Emergency Response Systems (PERS) Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2020-2027
French Personal Emergency Response Systems (PERS) Historic Market Review in US$ Thousand by End-Use: 2012-2019
French Personal Emergency Response Systems (PERS) Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
Germany
A Snapshot of German PERS Market
Reimbursement Scenario
Personal Emergency Response Systems (PERS) Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027
German Personal Emergency Response Systems (PERS) Historic Market Analysis in US$ Thousand by Type: 2012-2019
German Personal Emergency Response Systems (PERS) Market Share Breakdown by Type: 2012 VS 2020 VS 2027
Personal Emergency Response Systems (PERS) Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
German Personal Emergency Response Systems (PERS) Market in Retrospect in US$ Thousand by End-Use: 2012-2019
Personal Emergency Response Systems (PERS) Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
Italy
Market Overview
Italian Personal Emergency Response Systems (PERS) Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
Personal Emergency Response Systems (PERS) Historic Market Analysis in Italy in US$ Thousand by Type: 2012-2019
Italian Personal Emergency Response Systems (PERS) Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
Italian Demand for Personal Emergency Response Systems (PERS) in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Market Review in Italy in US$ Thousand by End-Use: 2012-2019
Italian Personal Emergency Response Systems (PERS) Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
United Kingdom
PERS Market in the UK: An Overview
Telecare in the UK
PERS Market Poised for Healthy Growth
Regulatory Scenario
United Kingdom Market for Personal Emergency Response Systems (PERS): Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
Personal Emergency Response Systems (PERS) Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019
United Kingdom Personal Emergency Response Systems (PERS) Market Share Analysis by Type: 2012 VS 2020 VS 2027
United Kingdom Demand Estimates and Forecasts for Personal Emergency Response Systems (PERS) in US$ Thousand by End-Use: 2020 to 2027
United Kingdom Personal Emergency Response Systems (PERS) Market in US$ Thousand by End-Use: 2012-2019
Personal Emergency Response Systems (PERS) Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
Spain
Market Overview
Spanish Personal Emergency Response Systems (PERS) Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
Spanish Personal Emergency Response Systems (PERS) Historic Market Review by Type in US$ Thousand: 2012-2019
Personal Emergency Response Systems (PERS) Market in Spain: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
Spanish Personal Emergency Response Systems (PERS) Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
Spanish Personal Emergency Response Systems (PERS) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
Rest of Europe
Rest of Europe Personal Emergency Response Systems (PERS) Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
Personal Emergency Response Systems (PERS) Market in Rest of Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019
Rest of Europe Personal Emergency Response Systems (PERS) Market Share Breakdown by Type: 2012 VS 2020 VS 2027
Rest of Europe Personal Emergency Response Systems (PERS) Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
Personal Emergency Response Systems (PERS) Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
Rest of Europe Personal Emergency Response Systems (PERS) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
Asia-Pacific
Taiwan: An Overview
Personal Emergency Response Systems (PERS) Market in Asia-Pacific by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
Asia-Pacific Personal Emergency Response Systems (PERS) Historic Market Scenario in US$ Thousand by Type: 2012-2019
Asia-Pacific Personal Emergency Response Systems (PERS) Market Share Analysis by Type: 2012 VS 2020 VS 2027
Personal Emergency Response Systems (PERS) Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027
Asia-Pacific Personal Emergency Response Systems (PERS) Historic Market Review in US$ Thousand by End-Use: 2012-2019
Asia-Pacific Personal Emergency Response Systems (PERS) Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
Latin America
Latin American Personal Emergency Response Systems (PERS) Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
Personal Emergency Response Systems (PERS) Historic Market Analysis in Latin America in US$ Thousand by Type: 2012-2019
Latin American Personal Emergency Response Systems (PERS) Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
Latin American Demand for Personal Emergency Response Systems (PERS) in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Market Review in Latin America in US$ Thousand by End-Use: 2012-2019
Latin American Personal Emergency Response Systems (PERS) Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
Rest of World
Rest of World Personal Emergency Response Systems (PERS) Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
Rest of World Personal Emergency Response Systems (PERS) Historic Market Review by Type in US$ Thousand: 2012-2019
Personal Emergency Response Systems (PERS) Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
Rest of World Personal Emergency Response Systems (PERS) Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
Personal Emergency Response Systems (PERS) Market in Rest of World: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
Rest of World Personal Emergency Response Systems (PERS) Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
Total Companies Profiled : 108

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