Press release
Personal Emergency Response Systems (PERS) Market Estimated at USD 7.961 Billion in 2024, Projected to Reach USD 15.35 Billion by 2035
Competitive Landscape:
Key players in the PERS Market include:
• Philips (NL)
• Life Alert (US)
• ADT (US)
• Tunstall Healthcare (GB)
• GreatCall (US)
• Medical Guardian (US)
• Bay Alarm Medical (US)
• Alert1 (US)
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Key Market Drivers:
• Technological Advancements: Wearable devices with real-time monitoring and GPS-enabled alert systems.
• Aging Population: Growing elderly demographic drives adoption of emergency response systems.
• Healthcare Awareness: Increased focus on safety, health monitoring, and timely medical interventions.
• Integration with Smart Devices: PERS devices connected with smartphones and IoT platforms for enhanced safety.
• Government & Institutional Support: Policies promoting senior care and assisted living solutions.
Key Market Opportunities
• Expansion of PERS adoption in assisted living facilities and home care services.
• Development of multifunctional devices combining health monitoring with emergency alerts.
• Integration of AI and predictive analytics to provide proactive emergency responses.
• Growth in emerging markets with aging populations and rising healthcare awareness.
• Partnerships with telehealth and remote monitoring service providers.
Market Trends & Dynamics
• Increasing preference for wearable PERS devices over traditional home-based systems.
• Adoption of mobile applications and cloud platforms for remote monitoring.
• Growth in subscription-based service models for continuous emergency monitoring.
• Focus on fall detection, heart monitoring, and personalized safety features.
• Expansion of telecare and home healthcare service integration.
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Market Segmentation:
By Device Type:
• Wearable Devices
• Mobile PERS Devices
• In-home Systems
By Application:
• Elderly Safety & Monitoring
• Medical Emergency Response
• Disability Assistance
By End User:
• Individual Consumers
• Assisted Living Facilities
• Hospitals & Healthcare Centers
By Region:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa (MEA)
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Geographical Insights
• North America: Leading market due to high adoption of PERS, advanced healthcare infrastructure, and strong technological integration.
• Europe: Growth supported by aging population, senior care policies, and smart device adoption.
• Asia Pacific: Expansion driven by increasing elderly population, awareness programs, and rising healthcare investments.
• South America & MEA: Moderate growth attributed to emerging healthcare awareness and gradual adoption of emergency response systems.
Future Outlook
The Personal Emergency Response Systems (PERS) Market is expected to witness steady growth over the next decade, fueled by aging populations, technological innovations, and increasing healthcare awareness. With a projected CAGR of 6.15% (2025-2035), PERS devices are expected to become an essential part of senior care, emergency preparedness, and personal safety solutions globally.
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