Personal Emergency Response System Market - 35% of Growth to Originate from North America | Evolving Opportunities with ADT Inc. & AlertOne Services LLC | Technavio

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Market Dynamics

Factors such as the growing geriatric population, and the increasing prevalence of chronic diseases will be crucial in driving the growth of the market. However, the lack of awareness will restrict the market growth. The holistic analysis of the drivers and challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge

Company Profiles

The PERS market is fragmented and the vendors are deploying growth strategies such as extending their product portfolios to compete in the market. The personal emergency response system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. The personal emergency response system market report provides complete insights on key vendors including ADT Inc., AlertOne Services LLC, Bay Alarm Medical, Best Buy Co. Inc., Careline365, Koninklijke Philips NV, MobileHelp LLC, ModivCare Inc., Nice SpA, and Tunstall Healthcare Group Ltd.

Few companies with key offerings

• ADT Inc. - The company offers On The Go Medical Alert Systems, Medical Alert Plus, and Medical Alert Basic systems.
• AlertOne Services LLC - The company offers personal emergency response systems such as On the Go Medical Alert and others.
• Bay Alarm Medical - The company offers personal emergency response systems such as 4G LTE GPS Help Button, In-Home Medical Alert, and others.
• Best Buy Co. Inc. - The company offers personal emergency response systems through its subsidiary, GreatCall Inc.
• Careline365 - The company offers personal emergency response systems through its wide range of personal alarms such as wearable pendants and others.
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Competitive Analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Segmentation Analysis

• By Type, the market is classified into a mobile, landline, and standalone.
• By Geography, the market is classified as North America, Europe, Asia, and ROW.

Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the PERS market size and actionable market insights on each segment.

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Table of Content

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Mobile - Market size and forecast 2020-2025
• Landline - Market size and forecast 2020-2025
• Standalone - Market size and forecast 2020-2025
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• Asia - Market size and forecast 2020-2025
• ROW - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ADT Inc.
• AlertOne Services LLC
• Bay Alarm Medical
• Best Buy Co. Inc.
• Careline365
• Koninklijke Philips NV
• MobileHelp LLC
• ModivCare Inc.
• Nice SpA
• Tunstall Healthcare Group Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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