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Global Personal Emergency Response System Market 2016-2020 - Integration of PERS with Wireless Phones - Research and Markets

[April 26, 2016]

Global Personal Emergency Response System Market 2016-2020 - Integration of PERS with Wireless Phones - Research and Markets

Research and Markets has announced the addition of the "Global Personal Emergency Response System Market 2016-2020" report to their offering.

The global PERS market is projected to grow at a CAGR of 5.7% during the period 2016-2020.

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.

The consolidation of PERS with wireless phones is one of the most noteworthy trends in the market. This has been achieved by the vendors with the use of session initiation protocol and voice over internet protocol technologies. It will allow caregivers to send text messages and to speak directly with patients, providing added benefits such as saving time and resulting in faster communication among patients, hospital staff, and doctors.

According to te report, the increase in the older population and associated chronic diseases is expected to drive the global PERS market during the forecast period. The older population requires care in their homes, irrespective of the care they receive in hospitals. However, staying at home carries potential risks of accidents like falls, sudden trauma, and strokes. Due to the independent lifestyles led by the older population, particularly in developed countries, they are not willing to be dependent on their families.

Further, the report states that one of the major challenges faced by the market is lack of awareness about use and maintenance of PERS devices.

Key vendors: