Personal Emergency Response System Market: Forthcoming Trends and Share Analysis by 2030
The global market for Personal Emergency Response Systems (PERS) estimated at USD 8.76 Billion in the year 2022, is expected to reach a revised size of USD 14.94 Billion by 2030, growing at a CAGR of 6.9% over the forecast period 2023-2030
The Personal Emergency Response System (PERS) market is witnessing steady growth driven by an aging population, increasing awareness regarding personal safety, and advancements in technology. PERS devices are designed to provide immediate assistance during emergencies, enabling users to summon help quickly in the event of a fall, medical issue, or any other emergency situation. These systems typically include wearable devices equipped with panic buttons or sensors that automatically detect falls, coupled with a monitoring service to dispatch assistance when needed. The market is characterized by a variety of product offerings ranging from basic standalone devices to advanced systems integrated with smart home technology and mobile applications.
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