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| Global Medical Alert Systems/Personal Emergency Response Market(PERS)By: IndustryARC The projected percentage of GDP amount to be spent by Asia Pacific countries such as China, Japan and South Korea in public healthcare will be 10% by 2020 owing to the rapid rise in ageing citizens. With the increasing ageing population all across the world particularly developed countries, their health and care will be of prime importance for the current generation. To reduce the dependency factor of the aged persons on others, the caretakers are involving the use of PERS or medical alert systems thereby forming a huge market share in the healthcare industry. Humana Inc. (https://www.humana.com/) The surge in the ageing population in Europe has forced EU members to seek a change in their healthcare policies and provide reimbursements for remote monitoring systems including PERS devices. Competitive Landscape The field of medical alert systems used to be a comparatively stable but owing to the rise in the ageing population and their demands for better healthcare facilities without increasing the hospital visits and bills has created turbulence in it. The recent industry acquisition and mergers such as Tunstall (http://www.tunstallamerica.com/ The tech savvy generation has paved the way for replacing the medical alert system technology with the smart phones and tablets. Ping4alerts (http://www.ping4.com/) Recently Numera (http://www.numera.com/) The IndustryARC report on the Global Medical Alert Systems or Personal Emergency Response Systems (PERS) (http://industryarc.com/ IndustryARC (http://industryarc.com/) End
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