Europe Medical Alert Systems Market Size & Outlook

The medical alert systems market in Europe is expected to reach a projected revenue of US$ 4,624.9 million by 2030. A compound annual growth rate of 6.2% is expected of Europe medical alert systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,044.1
Forecast, 2030 (US$M)
$4,624.9
CAGR, 2024 - 2030
6.2%
Report Coverage
Europe

Europe medical alert systems market, 2018-2030 (US$M)

Europe

Europe medical alert systems market highlights

  • The Europe medical alert systems market generated a revenue of USD 3,044.1 million in 2023.
  • The market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
  • In terms of segment, home-based users was the largest revenue generating end use in 2023.
  • Home-based users is the most lucrative end use segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 3,044.1 million
Market revenue in 2030USD 4,624.9 million
Growth rate6.2% (CAGR from 2023 to 2030)
Largest segmentHome-based users
Fastest growing segmentHome-based users
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHome-based users
Key market players worldwideADT Inc, Bay Alarm Medical, Lifeline Biotechnologies Inc, Tunstall Healthcare Group, NICE Ltd ADR, LogicMark Inc


Other key industry trends

  • In terms of revenue, Europe region accounted for 31.0% of the global medical alert systems market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,824.8 million by 2030.

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Medical Alert Systems Market Scope

Medical alert systems market segmentation & scope
Home-based users
Nursing home
Assisted living facilities
Hospices
Type
Landline PERS
Mobile PERS
Standalone PERS

Medical Alert Systems Market Companies

Name Profile # Employees HQ Website

Europe medical alert systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical alert systems market will help companies and investors design strategic landscapes.


Home-based users was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe medical alert systems market based on home-based users covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of medical alert systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical alert systems market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical alert systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe medical alert systems market

Europe Medical Alert Systems Market Outlook Share, 2023 & 2030 (US$M)

Europe medical alert systems market

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