7.2.18 – SIW
According to a new report from Parks Associates, more than six million people are expected to use a Personal Emergency Response System (PERS) device by 2021, nearly double the 3.36 million who are estimated to have used one at the end of 2017.
The research firm says this anticipated growth will be driven by new wearable devices, such as smart watches, and smartphone-based professionally monitored services.
“Growth in elderly populations account for some, but not all, of the growth in the PERS market,” Jennifer Kent, Director, Research Quality & Product Development for Parks Associates, said in the statement. “Products such as fitness trackers and smart watches with user-centric designs have put pressure on PERS manufacturers to improve designs and incorporate smart features into their solutions. In addition, partnerships from companies such as MobileHelp and Samsung are expanding the traditional notion of PERS by offering subscribers a Samsung Gear S3 smart watch as their PERS device.”
The company will analyze innovations and consumer demand in connected health solutions in greater depth during the fifth-annual Connected Health Summit, which is schedule to take place next month in San Diego.