Global Personal Emergency Response Systems Market is predicted to reach USD 11.23 billion at a CAGR of 6.15% during the forecast period

Global Personal Emergency Response Systems Market is predicted to reach USD 11.23 billion at a CAGR of 6.15% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Personal Emergency Response Systems Market”.


MRFR recognizes the following companies as the key players in the Global Personal Emergency Response Systems Market— Cisco Systems, Nortek Security and Control, VRI, Honeywell International, Tunstall, Robert Bosch GmbH, GreatCall, and Koninklijke Philips NV.


Market Highlights


The Global Personal Emergency Response Systems Market is accounted to register a CAGR of 6.15% during the forecast period and is estimated to reach USD 11.23 Billion by 2030.


Global Personal Emergency Response Systems (PERS) Market refers to the worldwide market for personal emergency response systems. PERS is a form of assistive technology designed to help individuals, especially seniors or people with medical conditions, to obtain immediate assistance during emergencies or urgent situations.


Personal Emergency Response Systems typically consist of a wearable device, such as a pendant or wristband, equipped with a button that the user can press to trigger an emergency alert. When activated, the device communicates with a base station, which is connected to a monitoring center. Trained operators at the monitoring center can then assess the situation and take appropriate actions, such as contacting emergency services or notifying designated caregivers or family members.


Segment Analysis


The Global Personal Emergency Response Systems Market has been segmented based on type and end user.


On the basis of type, the market is segmented into Standalone PERS, Transmitter, R-cube monitoring systems, Standalone voice dialer, Wandering system and others. The Standalone PERS segment holds the majority share in 2022, contributing to the global Personal Emergency Response Systems (PERS) revenue. Standalone PERS refers to systems that operate independently and do not require a landline or internet connection to function.


Based on end user, the market has been segmented into Nursing home, Home-based user, Assisted living facilities, Hospices and Senior living facilities. The Assisted living facilities segment faster-growing segment. Assisted living facilities are residential communities that provide housing, support, and care services to older adults and individuals with disabilities.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Personal Emergency Response Systems Market Research Report


Regional Analysis


The Global Personal Emergency Response Systems Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Personal Emergency Response Systems Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Personal Emergency Response Systems Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Personal Emergency Response Systems Market comprises of Middle East, Africa, and Latin America.


North America has been one of the leading regions in the PERS market. Factors contributing to its growth include a large aging population, increased awareness about personal safety, and a well-developed healthcare infrastructure.


Europe has also witnessed significant growth in the PERS market. Countries with high elderly populations, such as Germany, the United Kingdom, and Italy, have shown substantial demand for personal emergency response systems. The European market has seen innovations in wearable technology and remote monitoring services.


The Asia-Pacific region has shown growing interest in personal emergency response systems. The market has been driven by factors like an aging population, rising disposable income, and increasing awareness about healthcare and personal safety. Countries like Japan and China have been key players in this region.


Furthermore, the rest of the world's Global Personal Emergency Response Systems Market is divided into the Middle East, Africa, and Latin America. The PERS market in Latin America has seen steady growth. The region's large population and the growing adoption of advanced healthcare technology have contributed to market expansion.


Key Findings of the Study



  • The Global Personal Emergency Response Systems Market is expected to reach USD 11.23 Billion by 2030, at a CAGR of 6.15% during the forecast period.

  • North America has been one of the leading regions in the PERS market. Factors contributing to its growth include a large aging population, increased awareness about personal safety, and a well-developed healthcare infrastructure.

  • Based on type, the market is segmented into Standalone PERS to holding the largest market in 2022.

  • Cisco Systems, Nortek Security and Control, VRI, Honeywell International, Tunstall, Robert Bosch GmbH, GreatCall, and Koninklijke Philips NV.

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