Global Personal Emergency Response System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Mobile, Landline, and Standalone.

By End User;

Home Based Users, Assisted Living Facilities, and Hospitals.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn876690925 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Personal Emergency Response System Market (USD Million), 2021 - 2031

In the year 2024, the Global Personal Emergency Response System Market was valued at USD 5,638.10 million. The size of this market is expected to increase to USD 8,704.11 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

The Global Personal Emergency Response System (PERS) market has been witnessing significant growth due to the increasing awareness of personal safety, the growing elderly population, and advancements in technology. PERS devices are designed to allow individuals, especially the elderly and those with medical conditions, to quickly summon help in an emergency. These systems typically include wearable devices such as pendants, bracelets, and watches equipped with emergency buttons that connect the user to a response center or designated contact.

The rise in the aging population globally is one of the primary drivers of the PERS market. As the number of elderly individuals increases, so does the demand for systems that can ensure their safety and independence. The fear of falls, medical emergencies, and the need for immediate assistance are major concerns for the elderly and their families, making PERS an essential solution. Furthermore, the growing prevalence of chronic diseases and conditions that require constant monitoring and immediate intervention has also fueled market growth.

Technological advancements have significantly enhanced the capabilities of PERS devices, making them more reliable, user-friendly, and feature-rich. Modern PERS devices often come equipped with GPS tracking, fall detection sensors, and two-way communication, allowing users to maintain an active lifestyle while ensuring their safety. The integration of IoT (Internet of Things) and AI (Artificial Intelligence) has further improved the functionality of these systems, enabling real-time monitoring and predictive analytics.

In addition to individual consumers, healthcare providers and organizations are increasingly adopting PERS to improve patient care and reduce hospitalization rates. Remote monitoring through PERS can help in early detection of potential health issues, allowing for timely medical intervention and reducing the burden on healthcare facilities. Insurance companies are also recognizing the benefits of PERS in managing risks and lowering healthcare costs, further driving market adoption.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Personal Emergency Response System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Technological Advancements
        3. Healthcare Awareness
        4. Chronic Diseases
        5. Independence
      2. Restraints
        1. Privacy and Data Security Concerns
        2. Limited Affordability and Accessibility
        3. Reliability and False Alarms
        4. Integration Challenges
      3. Opportunities
        1. Telehealth Integration
        2. Product Innovation and Differentiation
        3. Partnerships and Collaborations
        4. Home Automation and Smart Home Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Personal Emergency Response System Market, By Type, 2021- 2031 (USD Million)
      1. Mobile
      2. Landline
      3. Standalone
    2. Global Personal Emergency Response System Market, By End User, 2021 - 2031 (USD Million)
      1. Home Based Users
      2. Assisted Living Facilities
      3. Hospitals
    3. Global Personal Emergency Response System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AlertOne Services LLC
      2. Bay Alarm Co
      3. Best Buy Co Inc
      4. Careline UK Monitoring Ltd
      5. Koninklijke Philips NV
      6. MobileHelp LLC
      7. Nortek Security & Control LLC
      8. Tunstall Healthcare Group Ltd
      9. Valued Relationships Inc
  7. Analyst Views
  8. Future Outlook of the Market