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

By Product;

Landline Devices, Mobile Devices, Standalone Devices and Mobile Apps.

By Component;

Smoke Detectors, Bed Sensors, Pull-Cord Residential, Fall Detection Sensors, and Flood Detectors.

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: Rn316033682 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Personal Emergency Response Systems Market was valued at USD 4,849.62 million. The size of this market is expected to increase to USD 7,201.03 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global personal emergency response systems (PERS) market has witnessed significant growth in recent years, driven by an increasing aging population, rising awareness about personal safety, and advancements in technology. Personal emergency response systems are designed to provide immediate assistance in case of emergencies, such as falls or medical issues, by connecting users with emergency services or designated contacts at the push of a button. This technology has become particularly crucial for seniors living independently or individuals with medical conditions requiring constant monitoring. As a result, the market has seen a surge in demand for PERS devices and services.

One of the key factors fueling the growth of the PERS market is the expanding geriatric population worldwide. With a growing number of elderly individuals preferring to age in place, there is a greater need for reliable personal safety solutions that enable them to maintain their independence while ensuring prompt assistance during emergencies. Additionally, advancements in PERS technology, such as GPS tracking, fall detection sensors, and mobile connectivity, have enhanced the effectiveness and accessibility of these systems, further driving market growth.

Pandemic has underscored the importance of remote monitoring and telehealth solutions, leading to a greater adoption of personal emergency response systems. As healthcare systems face unprecedented challenges and individuals seek to minimize physical interactions, PERS devices have emerged as vital tools for remote patient monitoring and ensuring timely intervention in case of health emergencies. This trend is expected to persist beyond the pandemic, contributing to sustained growth in the PERS market.

Increasing investments in healthcare infrastructure and supportive government initiatives aimed at improving senior care and healthcare access are expected to bolster market growth. As governments and healthcare providers strive to enhance emergency response capabilities and address the needs of aging populations, the demand for personal emergency response systems is projected to continue rising. However, challenges such as data privacy concerns and affordability issues in certain regions may hinder market expansion to some extent. Overall, with ongoing technological innovations and a growing emphasis on personalized healthcare solutions, the global personal emergency response systems market is poised for further growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Personal Emergency Response Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population demand
        2. Technological advancements drive growth
        3. Rising awareness about safety
        4. Increasing chronic diseases prevalence
        5. Government funding support
      2. Restraints
        1. High initial investment
        2. Privacy and security concerns
        3. Limited reimbursement policies
        4. Lack of skilled workforce
        5. Regulatory hurdles
      3. Opportunities
        1. Growing home healthcare trend
        2. Expansion in emerging markets
        3. Integration with IoT devices
        4. Personalized healthcare solutions
        5. Telemedicine collaboration
    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 Systems Market, By Product, 2021 - 2031 (USD Million)
      1. Landline Devices
      2. Mobile Devices
      3. Standalone Devices
      4. Mobile Apps
    2. Global Personal Emergency Response Systems Market, By Component, 2021 - 2031 (USD Million)
      1. Smoke Detectors
      2. Bed Sensors
      3. Pull
        1. Cord Residential
      4. Fall Detection Sensors
      5. Flood Detectors
    3. Global Personal Emergency Response Systems Market, By End User, 2021 - 2031 (USD Million)
      1. Home Based Users
      2. Assisted Living Facilities
      3. Hospitals
    4. Global Personal Emergency Response Systems 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. Koninklijke Philips N.V.
      2. LifeWatch Services, Inc.
      3. Tunstall Healthcare
      4. ADT LLC
      5. Medical Guardian LLC
      6. MobileHelp
      7. Bay Alarm Company
  7. Analyst Views
  8. Future Outlook of the Market