Europe Personal Emergency Response Systems Market is anticipated to reach USD 1.32 Billion by 2023.
Europe Personal emergency response systems market was worth USD 1.01 billion in 2018 and estimated to be growing at a CAGR of 5.54%, to reach USD 1.32 billion by 2023.
(EMAILWIRE.COM, October 15, 2018 ) Overview:
In the year 2018, Europe Personal Emergency Response Systems Market was valued at USD 1.01 Billion. By the year 2023, it is expected to reach USD 1.32 Billion at pace of 11.6% CAGR.
Personal Emergency Response Systems (PERS), also known as Emergency Medical Response Systems, allow users to request emergency assistance at the touch of a button. This device consists of three components, such as a small radio transmitter, a console connected to the telephone and an emergency response center that requires medical assistance in case of emergency. These devices are primarily used to ensure the safety of the user who lives or travels alone.
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Underlying Causes
The growth for Personal Emergency Response Systems Market is driven due to factors like rising aging population, increasing demand for medical alert systems, and growing awareness towards personal healthcare and monitoring devices. In addition, technological developments in medical sector and introduction of easy adaptability of PERS devices are expected to drive market growth. However, decreasing use of landlines and lack of awareness are the restraining factors which are expected to hinder the growth rate for Europe Personal emergency response systems market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-personal-emergency-response-systems-market-5767/
Geographic Segmentation:
Based on geography the Europe Personal Emergency Response Systems Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Germany holds the largest market share in the Personal emergency response systems market followed by U.K. and France due to growing awareness of Personal emergency response devices and favorable reimbursement policies are the driving factors in this region.
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Key Players:
Leading companies for Europe Personal Emergency Response Systems Market are ADT Corporation, Life Guardian Technologies LLC, Koninklijke Philips N.V., Tunstall Healthcare Group Ltd., Bay Alarm Medical Company, Philips Electronics N.V., Alert One Services LLC and Medical Guardian LLC.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
In the year 2018, Europe Personal Emergency Response Systems Market was valued at USD 1.01 Billion. By the year 2023, it is expected to reach USD 1.32 Billion at pace of 11.6% CAGR.
Personal Emergency Response Systems (PERS), also known as Emergency Medical Response Systems, allow users to request emergency assistance at the touch of a button. This device consists of three components, such as a small radio transmitter, a console connected to the telephone and an emergency response center that requires medical assistance in case of emergency. These devices are primarily used to ensure the safety of the user who lives or travels alone.
View sample and decide: https://www.marketdataforecast.com/market-reports/europe-personal-emergency-response-systems-market-5767/request-sample
Underlying Causes
The growth for Personal Emergency Response Systems Market is driven due to factors like rising aging population, increasing demand for medical alert systems, and growing awareness towards personal healthcare and monitoring devices. In addition, technological developments in medical sector and introduction of easy adaptability of PERS devices are expected to drive market growth. However, decreasing use of landlines and lack of awareness are the restraining factors which are expected to hinder the growth rate for Europe Personal emergency response systems market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-personal-emergency-response-systems-market-5767/
Geographic Segmentation:
Based on geography the Europe Personal Emergency Response Systems Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Germany holds the largest market share in the Personal emergency response systems market followed by U.K. and France due to growing awareness of Personal emergency response devices and favorable reimbursement policies are the driving factors in this region.
Get your customized report: https://www.marketdataforecast.com/market-reports/europe-personal-emergency-response-systems-market-5767/customize-report
Key Players:
Leading companies for Europe Personal Emergency Response Systems Market are ADT Corporation, Life Guardian Technologies LLC, Koninklijke Philips N.V., Tunstall Healthcare Group Ltd., Bay Alarm Medical Company, Philips Electronics N.V., Alert One Services LLC and Medical Guardian LLC.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results