U.S. Personal Emergency Response Systems (PERS) Market: By PERS Type (Landline-based (Standard) PERS, Medical Alert Phones, and Mobile PERS (mPERS)), By End User (Home-based Users, Senior Living Facilities, and Assisted Living Facilities)    

U.S. Personal Emergency Response Systems (PERS) Market size was valued at USD 3,089.3 million in 2021 and poised to grow at significant CAGR during 2022-2028 owing to rising elderly population in the United States coupled with increasing penetration of smartphones in the healthcare system and technological advancements in the healthcare wearables are the major factors that are driving the growth of the PERS market. However, lack of insurance policies for personal emergency response systems (PERS) and cost of monitoring service charges and long-term contracts hinders the growth of the market over the forecast period. U.S. personal emergency response systems (PERS) market is surging owing to advancements in technology launch of new products into the market and strategic collaborations and acquisitions in the market. For instance, In April 2019, GreatCall announced the launch of an updated version of its retail personal emergency response system (PERS) which updates its personal fall detection device with 80-hour battery, 4G LTE. For instance, in January 2019, Connect America, the nation’s largest independent provider of personal emergency response systems (PERS), announced that it has acquired Tunstall Americas, another leader in connected health services. In August 2018, Best Buy has announced that the company has acquired GreatCall to from Tech to Health support for its Aging customers. In January 2017, Connect America has announced that it has recently acquired Recine’s Medical Alert, specialist in the home healthcare market to expand the PERS operations into Colorado