Emergency Call Systems Market Forecast (2023-2030)
The emergency call systems market size is projected to reach US$ 7,043.60 million by 2030 from US$ 3,052.05 million in 2022. The market is expected to register a CAGR of 11% during 2022–2030. Rising geriatric population and increasing installation of software solutions are likely to remain key trends in the market.
Emergency Call Systems Market Analysis
According to the United Nations (Department of Economic and Social Affairs), it has been estimated that the number of people aged 65 years or above worldwide is projected to more than double, rising from 761 million in 2021 to 1.6 billion by 2050. Among regions, Northern Africa and Western Asia and sub-Saharan Africa are expected to experience the highest growth in the number of older people over the next three decades. For elderly protection, emergency call systems are installed in various healthcare settings as they are equipped with Bluetooth Beacon in the form of a wristband or any other forms, with which an alarm can be triggered in emergency situations by a simple push button. This essentially helps the people who are facing mobility issues such as the geriatric population group.
Emergency Call Systems Market Overview
According to the Census.gov, there were about 55.8 million older population in the United States and the numbers are expected to rise in future years. Emergency call systems which are not only installed in healthcare settings but also households helps in fall detection and prevents the lives of older people living in the region. Such a factor has resulted in the growth of emergency call systems market
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Emergency Call Systems Market: Strategic Insights
Emergency Call Systems Market
-
CAGR (2022 - 2030)
11%
-
Market Size 2022
US$ 3,052.05 Million
-
Market Size 2030
US$ 7,043.60 Million
Market Dynamics
GROWTH DRIVERS
- Rising geriatric population and increasing installation of software solutions
- Increasing Installation of Software Solutions Across the Hospitals and Nursing Homes to Favor Market
FUTURE TRENDS
- NA
OPPORTUNITIES
- Innovative Product Launches
Key Players
- HandsFree Health
- Bay Alarm Medical
- Connected America
- Medical Guardian
- ADT
- Philips LifeLine
- Life Alert
- MediVcare
- Amazon
- Tunstall
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Application
- Fall Prevention and Detection
- Workflow Optimization
- Patient Care Reminders
- Alarms and Communication Management
- Wander Management
- Reporting and Analytics
- Real-Time Staff Locating
- Others
End User
- Hospital and Clinics
- Assisted Living and Independent Living Facilities
- Ambulatory Surgical Centers
- Others
Technology
- Wired and Wireless
Offering
- Hardware
- Software
- Services
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Emergency Call Systems Market: Strategic Insights
-
CAGR (2022 - 2030)11% -
Market Size 2022
US$ 3,052.05 Million -
Market Size 2030
US$ 7,043.60 Million
Market Dynamics
- Rising geriatric population and increasing installation of software solutions
- Increasing Installation of Software Solutions Across the Hospitals and Nursing Homes to Favor Market
- NA
- Innovative Product Launches
Key Players
- HandsFree Health
- Bay Alarm Medical
- Connected America
- Medical Guardian
- ADT
- Philips LifeLine
- Life Alert
- MediVcare
- Amazon
- Tunstall
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Fall Prevention and Detection
- Workflow Optimization
- Patient Care Reminders
- Alarms and Communication Management
- Wander Management
- Reporting and Analytics
- Real-Time Staff Locating
- Others
- Hospital and Clinics
- Assisted Living and Independent Living Facilities
- Ambulatory Surgical Centers
- Others
- Wired and Wireless
- Hardware
- Software
- Services
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Emergency Call Systems Market Drivers and Opportunities
Increasing Installation of Software Solutions Across the Hospitals and Nursing Homes to Favor Market
Emergency call systems are installed in independent & assisted living facilities, skilled care nursing homes, and medical clinics. Wireless types are being increasingly installed both at small & medium healthcare organizations and large scale organizations that improves the overall well being of the older population patient base.
Thus, the major factor leading to the emergency call systems market growth are the growing number software installations across the healthcare settings .
Innovative Product Launches
In the recent past, it has been observed that market participants are launching new products that helps physicians to monitor the patient’s continuously. For instance, in the recent past, the Emergency Response Support System (ERSS) launched a mobile App called ‘112 India’ that helps to quickly raise a request when a person is in emergency, by pressing a button to send alert messages with location data and make emergency call to 112. The concernced facility then aids the service agencies to reach out the requestor quickly.
Emergency Call Systems Market Report Segmentation Analysis
Key segments that contributed to the derivation of the emergency call systems market analysis are technology and ened user.
- Based on technology, the emergency call systems market is bifurcated into wired and wireless. The wired segment held a larger market share in 2022.
- Based on end user, the emergency call systems market is segmented into hospital and clinics, assisted living and independent living facilities, ambulatory surgical centers, and others. The assisted living and independent living facilities segment is expected to witness the higher CAGR during the forecast period.
Emergency Call Systems Market Share Analysis by Geography
The geographic scope of the emergency call systems market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the emergency market. Increasing geriatric population and rise in technological advancements in the United States has led the growth of regional market. In May 2023, andsFree Health has expanded its product portfolio with the introduction of a new personal emergency response speaker (PERS). The new speakers join the company’s advanced, secure, medical alert devices offering, that includes smartwatches and pendants. Asia Pacific region is anticipated to grow with the highest CAGR in the coming years.
Emergency Call Systems Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 3,052.05 Million |
Market Size by 2030 | US$ 7,043.60 Million |
Global CAGR (2022 - 2030) | 11% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Application
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Emergency Call Systems Market News and Recent Developments
The emergency call systems market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the emergency call systems market are listed below:
- KORE, one of the global leaders in Internet of Things ("IoT") Solutions, and Medical Guardian, one of the leading providesr of personal emergency response systems (PERS), jointly announced their collaboration on the first-ever medical alert device utilizing eSIM technology. This technology has been designed to overcome cell signal challenges and address healthcare bottlenecks by enabling electronic switching of service carriers for optimal 24/7 connectivity. (Source: KORE Wireless, Newsroom, February 2024)
- SOS Anywhere, a new technological company designed in personal emergency response systems for seniors, announced the release of its SOS Anywheremobile medical alert system. (Source: Accesswire, January 2021)
Emergency Call Systems Market Report Coverage and Deliverables
The “Emergency Call Systems Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Emergency call systems market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Emergency call systems market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Emergency call systems market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the emergency call systems market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Application, End User, Technology, Offering, Product Type, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The emergency call systems market size is projected to reach US$ 7,043.60 million by 2030.
The global emergency call systems market is estimated to register a CAGR of 11% during the forecast period 2022-2030
HandsFree Health, Bay Alarm Medical, Connected America, Medical Guardian, ADT, Philips LifeLine, Life Alert, MediVcare, Amazon, and Tunstall are some leading players operating in the emergency call systems market
North America has dominated the emergency call systems market in 2022
Rising geriatric population and increasing installation of software solutions are likely to remain key trends in the market..
Innovative Product launches is one of the future trends that will drive the overall emergency call systems market during the forecast period 2022-2030
The List of Companies - Emergency Call Systems Market
- Hill-Rom Holdings Inc
- GE HealthCare Technologies Inc
- RF Technologies Inc
- BEC Integration Solutions LLC
- Mircom Technologies Ltd
- Systems Technologies Inc
- Carecaller Emergency Call Systems Inc
- Talius Group Ltd
- Ascom Holding AG
- Cornell Communication
- Hoyles Electronic Developments Ltd