Latin America PERS Market

Latin America PERS Market Size

The size of the Latin America personal emergency response systems market was valued at USD 537.48 million in 2024. This market is expected to grow at a CAGR of 5.65% from 2025 to 2033 and be worth USD 881 million by 2033 from USD 568 million in 2025.

MARKET DRIVERS

Homecare Demand, Aging Population, and Mobile-Based Emergency Systems Surge

Personal emergency response systems or medical alert systems are the medical devices where individuals call for medical help during an emergency. These devices are exceptionally innovative, which contact the emergency care services or the other family members. Other than patients' use during an emergency, these devices are also used for general-purpose to ensure safety and security when living or traveling alone.

Various factors that are driving the Latin American personal emergency response systems market are the popularity of home healthcare, high number of chronic/ acute diseases, increasing average life expectancy, and growing public and private sector participation in healthcare services. Improving healthcare infrastructure, widespread adoption of smart devices, and easy availability of personal emergency response devices are playing a critical role in the growth of the market. An estimated 16.1 million people have been diagnosed with diabetes in Brazil, being the fourth most common country in the world. In addition, it is expected to reach 25 million people by 2040, while the global prevalence could reach 475 million people by 2035, which represents around 12% of total health expenditure. An increase in hospitalizations of 2.8% increase was observed between 2009 and 2019 in Brazil. High number of hospitalizations and medical costs had reached approximately US $ 24 billion in Brazil in 2016, and could reach US $ 31 billion in 2040.

The increasing incidence of chronic diseases especially in aging population such as stroke, seizures or Alzheimer's disease is expected to further stimulate the market. The personal emergency response systems sector is expected drive to new heights with technological developments such as fixed personal emergency response system, smart mobile phone and higher rates of adoption of telecare systems in the analysis period. The largest market sector will be invaded by mobiles as they are very convenient for general population. Homecare assisted health support will reduce the health status of the population by reducing overall operating costs through the use of various modes of the medical alert system. In 2019, Mexico spent about US $ 1.55 thousand per person on health care, compared to US $ 940.4 per capita spent in 2011. The overall mobile personal emergency response systems segment accounted for the largest market share of 35% in 2020, with a market value of USD 1,500 million. These number will also help drive the Latin America personal emergency response systems market during the projected period.

MARKET RESTRAINTS

High Costs and Low Awareness Limit System Adoption in Emerging Nations

Several factors such as high cost of personal emergency response systems, low awareness about the system, low adoption in emerging economies and services is expected to hamper the growth of the LATAM personal emergency response systems market for years to come.

REPORT COVERAGE

COUNTRY LEVEL ANALYSIS

In 2023, Mexico will have a dominant share in the Latin American PERS market owing to rising healthcare spending, the presence of chronic diseases, tough competition and the ongoing popularity of home based healthcare services. Other factor affecting the Latin America PERS market is the increase in the elderly population. According to a recent national health survey, the prevalence of self-reported diabetes in Mexico is 1.8%, but this figure reflects the relative youth of the Mexican population. Age estimates are similar to those for the United States of America, where the crude prevalence is higher.

The market in Argentina is expected to post an annual compound rate of 6.5%. Personal emergency response system market in Argentina has grown tremendously in recent years with a rapid increase in the elderly population, increasing adoption of home care devices and higher rates of strokes caused by uncontrolled hypertension. The prevalence of hypertension reported for Argentina was 34%. The prevalence of hypertension in people over 65 years old was reported at 73%. Multiple studies advocated that the level of awareness, treatment and control of hypertension can be limited with better healthcare facilities. The prevalence of high blood pressure in the adult population aged 30 years and over is high at 40% and it gradually increases with age, especially in the elderly.

KEY MARKET PLAYERS

Some of the notable companies dominating the Latin America PERS Market covered in this report are ADT Corporation, Life Guardian Technologies LLC, Koninklijke Philips N.V., Tunstall Healthcare Group Ltd, Bay Alarm Medical Company, Philips Electronics N.V, Alert One Services LLC, and Medical Guardian LLC.

MARKET SEGMENTATION

This Latin America personal emergency response systems market research report is segmented and sub-segmented into the following categories.

By Type

• Mobile Based
• Landline Based
• Standalone

By End User

• Home-Based Users
• Senior Living Facilities
• Assisted Living Facilities
• Others

By Country

• Brazil
• Mexico
• Argentina
• Chile
• Rest of Latin America