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In 2023, the Personal Emergency Response Systems (PERS) market was worth 6.99 billion USD. By 2031, it is expected to reach 11.33 billion USD, a compound yearly growth rate (CAGR) of 8.15% from 2024 to 2031.
A PERS is a device or system that enables a person to simply and rapidly call for assistance in the case of a medical emergency, such as a fall, heart attack, or other similar situation. A button-activated wearable device, like a necklace or bracelet, is the main component of a PERS. At the touch of a button, the device communicates with a central station, where operators are able to evaluate the situation and initiate the necessary action, such as contacting loved ones or emergency services. For individuals who are particularly susceptible due to age or health issues, PERS aims to alleviate anxiety and guarantee prompt assistance in times of need.
An aging population and an increase in the number of people living with long-term health conditions like Alzheimer's, epilepsy, MS, etc. are likely to fuel demand for personal emergency response systems. The older population is prone to falls at any moment due to chronic illnesses, which is driving the personal emergency response systems industry. For example, in January 2021, one older adult died as a result of a fall every 19 minutes, making it the top cause of death for this demographic, as reported by the National Council on Aging, Inc. The founders of Fall Call Solutions are trauma specialists with experience treating thousands of fall victims. Their goal is to significantly lower that number.
Medical emergency response systems are another name for personal emergency response systems (PERS). An emergency response center that monitors calls, a console attached to the telephone, and a small radio transmitter make up a PERS. Simply pressing the help key on the transmitter is all it takes for a PERS user to call for emergency help, be it medical, fire, or police. A radio signal is sent to the control panel by it. In the event of an emergency, the console will immediately dial the number(s) you have chosen. Whenever the caller's identity is known, the majority of PERS are included to the call to the emergency response center. The center's first priority is to determine the seriousness of the situation. As part of their care, center employees may review patients' medical records and determine who needs to be notified.
In the event that the center is unable to reach or determine the status of an emergency, it will notify the appropriate emergency personnel to return home. In the event of an emergency, the center will typically keep tabs on the location. Purchasing, renting, or leasing a PERS is possible. Hospitals, social service agencies, local wholesalers, and national manufacturers all provide rental options. Personal emergency response systems are becoming more popular as a result of the rising need for home healthcare devices around the globe. These systems guarantee medical safety and are both affordable and conveniently accessible, which is driving their adoption.
A variety of factors are propelling the personal emergency response systems (PERS) market worldwide, including an aging population, a rise in health consciousness, rapid gadget adoption, and technological advancements. The personal emergency response systems market is expected to experience growth due to the increasing use of mobile smartphone applications for the management of older citizens' health and the enhancement of medical alert services. The need for personal emergency response systems is on the rise due to the growing numbers of elderly people and those who choose to live an active lifestyle in independent living communities.
The personal emergency response systems (PERS) industry is booming, propelled in large part by the rising number of elderly people. Falls, medical crises, and long-term health issues all make elderly individuals less able to care for themselves and less able to live independently. For seniors who value their autonomy and prefer to age in place, PERS offers a way to stay in touch with loved ones in the event of an emergency without sacrificing their independence. The PERS market is anticipated to experience substantial expansion in the next years, mostly because to the increasing number of elderly people, particularly in industrialized nations. Furthermore, the market is anticipated to experience growth due to the rising demand for assisted living services and the rising awareness of the benefits of PERS.
Report Coverage
Global Personal Emergency Response Systems (PERS) research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Personal Emergency Response Systems (PERS) report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Personal Emergency Response Systems (PERS) competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Personal Emergency Response Systems (PERS) market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Personal Emergency Response Systems (PERS) market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Personal Emergency Response Systems (PERS) market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Koninklijke Philips, ADT Security Services, Bay Alarm Medical, VRI, Life Alert Emergency Response, Tunstall, Medical Guardian, AlertOne Services, GreatCall, Rescue Alert and LogicMark, Nortek Security and Control.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Personal Emergency Response Systems (PERS) market based on the below-mentioned segments:
Global Personal Emergency Response Systems (PERS) Market, By Type
Standalone PERS
Transmitter
R-cube monitoring systems
Standalone voice dialer
Wandering system
Medical alarm system
Landline PERS
Mobile PERS
Wireless
GPS
Cellular
Global Personal Emergency Response Systems (PERS) market, By Component
Smoke detectors
Bed sensors
Pull-cord residential
Fall detection sensors
Flood detectors
Global Personal Emergency Response Systems (PERS) Market, By End User
Nursing home
Home-based user
Assisted living facilities
Hospices
Senior living facilities
Global Personal Emergency Response Systems (PERS) market, Regional Analysis
A PERS is a device or system that enables a person to simply and rapidly call for assistance in the case of a medical emergency, such as a fall, heart attack, or other similar situation. A button-activated wearable device, like a necklace or bracelet, is the main component of a PERS. At the touch of a button, the device communicates with a central station, where operators are able to evaluate the situation and initiate the necessary action, such as contacting loved ones or emergency services. For individuals who are particularly susceptible due to age or health issues, PERS aims to alleviate anxiety and guarantee prompt assistance in times of need.
An aging population and an increase in the number of people living with long-term health conditions like Alzheimer's, epilepsy, MS, etc. are likely to fuel demand for personal emergency response systems. The older population is prone to falls at any moment due to chronic illnesses, which is driving the personal emergency response systems industry. For example, in January 2021, one older adult died as a result of a fall every 19 minutes, making it the top cause of death for this demographic, as reported by the National Council on Aging, Inc. The founders of Fall Call Solutions are trauma specialists with experience treating thousands of fall victims. Their goal is to significantly lower that number.
Medical emergency response systems are another name for personal emergency response systems (PERS). An emergency response center that monitors calls, a console attached to the telephone, and a small radio transmitter make up a PERS. Simply pressing the help key on the transmitter is all it takes for a PERS user to call for emergency help, be it medical, fire, or police. A radio signal is sent to the control panel by it. In the event of an emergency, the console will immediately dial the number(s) you have chosen. Whenever the caller's identity is known, the majority of PERS are included to the call to the emergency response center. The center's first priority is to determine the seriousness of the situation. As part of their care, center employees may review patients' medical records and determine who needs to be notified.
In the event that the center is unable to reach or determine the status of an emergency, it will notify the appropriate emergency personnel to return home. In the event of an emergency, the center will typically keep tabs on the location. Purchasing, renting, or leasing a PERS is possible. Hospitals, social service agencies, local wholesalers, and national manufacturers all provide rental options. Personal emergency response systems are becoming more popular as a result of the rising need for home healthcare devices around the globe. These systems guarantee medical safety and are both affordable and conveniently accessible, which is driving their adoption.
A variety of factors are propelling the personal emergency response systems (PERS) market worldwide, including an aging population, a rise in health consciousness, rapid gadget adoption, and technological advancements. The personal emergency response systems market is expected to experience growth due to the increasing use of mobile smartphone applications for the management of older citizens' health and the enhancement of medical alert services. The need for personal emergency response systems is on the rise due to the growing numbers of elderly people and those who choose to live an active lifestyle in independent living communities.
The personal emergency response systems (PERS) industry is booming, propelled in large part by the rising number of elderly people. Falls, medical crises, and long-term health issues all make elderly individuals less able to care for themselves and less able to live independently. For seniors who value their autonomy and prefer to age in place, PERS offers a way to stay in touch with loved ones in the event of an emergency without sacrificing their independence. The PERS market is anticipated to experience substantial expansion in the next years, mostly because to the increasing number of elderly people, particularly in industrialized nations. Furthermore, the market is anticipated to experience growth due to the rising demand for assisted living services and the rising awareness of the benefits of PERS.
Report Coverage
Global Personal Emergency Response Systems (PERS) research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Personal Emergency Response Systems (PERS) report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Personal Emergency Response Systems (PERS) competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Personal Emergency Response Systems (PERS) market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Koninklijke Philips, ADT Security Services, Bay Alarm Medical, VRI, Life Alert Emergency Response, Tunstall, Medical Guardian, AlertOne Services, GreatCall, Rescue Alert and LogicMark, Nortek Security and Control. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Personal Emergency Response Systems (PERS) Market from 2021 to 2031.
- Market Forecast for Personal Emergency Response Systems (PERS) Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Personal Emergency Response Systems (PERS) competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Personal Emergency Response Systems (PERS)
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Personal Emergency Response Systems (PERS) market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Personal Emergency Response Systems (PERS) market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Koninklijke Philips, ADT Security Services, Bay Alarm Medical, VRI, Life Alert Emergency Response, Tunstall, Medical Guardian, AlertOne Services, GreatCall, Rescue Alert and LogicMark, Nortek Security and Control.
Primary Target Market
- Market Players of Personal Emergency Response Systems (PERS)
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Personal Emergency Response Systems (PERS) market based on the below-mentioned segments:
Global Personal Emergency Response Systems (PERS) Market, By Type
Standalone PERS
Transmitter
R-cube monitoring systems
Standalone voice dialer
Wandering system
Medical alarm system
Landline PERS
Mobile PERS
Wireless
GPS
Cellular
Global Personal Emergency Response Systems (PERS) market, By Component
Smoke detectors
Bed sensors
Pull-cord residential
Fall detection sensors
Flood detectors
Global Personal Emergency Response Systems (PERS) Market, By End User
Nursing home
Home-based user
Assisted living facilities
Hospices
Senior living facilities
Global Personal Emergency Response Systems (PERS) market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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