Personal Emergency Response System (PERS) also known as Medical Emergency Response Systems, PERS is a diversified healthcare monitoring devices market which caters to the people in need of urgent help (medical attention). Not only are these used by patients during emergencies, but can also be of great help and support to any random healthy person during unexpected situations or threats (for instance, while traveling alone or staying home alone etc.).

Table of contents and insights:
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The upcoming fall detection sensors are revolutionizing the PERS market as these are enabled with automatic emergency sensing capabilities, allowing the users to connect to the monitoring care centers in case of an accidental fall where the patient is unconscious and cannot call for help or press the panic button. Furthermore, these devices are further enhanced with GPS technology which enables the medical professionals to locate the user in case of an emergency.

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Segmentation of the PERS Market:
• Landline-based (Standard) PERS : Medical alert phones
• Mobile PERS (mPERS) :
i. GPS mobile PERS
ii. Wireless emergency response system
iii. 3G cellular emergency response.
• Standalone Devices:
i. Standalone voice communicator
ii. V-cube monitoring system
iii. Transmitters
iv. Wandering system
v. Medical alarm system.

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Logical estimates by IndustryARC:
However, the increased mobile phone penetration is set to propel the mobile PERS market segment. The mobile PERS market is projected to grow at a CAGR of 6.38% to reach $1.88 billion by 2020. According to the U.S. Administration of Aging, out of the total number of the elderly people who are over the age of 65 years having broadband access at home, 90% of them own a cell phone. However, standalone devices are estimated to be the fastest growing segment of this market owing to their compactness, affordability and accessibility mainly due to their integrated GPS and GSM features.
The global PERS market is set to grow at 5.8% through the forecast period to generate $8.4 billion revenue by 2020. Fastest growth of 11.3% is projected in the APAC region, owing to rise in number of innovations and developments as well as the shift in demographics towards aging population. In 2013, North America and Europe held 40% and 37% shares respectively, in the global PERS market.
The major driving factors of the market being:
• Aging population which leads to
• The increased awareness about the importance of security among the people.
• The growing demand for home health care devices across the globe.
• The safety promise made by these devices while being affordable and easily accessible.
• Easy to carry them along due to the small sizes and smart technologies.
Regional analysis:
• North America held the largest share in the global PERS market, followed by Europe in 2013. The market in APAC region is projected to grow at the fastest pace owing to the improvements in healthcare infrastructure and economies of the Asian countries.

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