FALL DETECTION SYSTEMS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2022 - 2030)

A fall detection system is a device that is used to alert emergency services in the event of a fall. Such devices have the potential to mitigate some of the adverse consequences of a fall. Accelerometers, a class of low power radio wave technology sensor, are used by fall detection systems to track the user's movements. Modern fall detection systems use three-axis accelerometers, similar to those used in smartphones and smartwatches. Some fall detection systems employ a built-in tri-axial accelerometer and proprietary BioSensics algorithms.

By spotting sudden changes in bodily movement, fall warning detectors can determine when a user has unexpectedly fallen. The system can assess a person's posture, activity level, and how smoothly their movements accelerate. The majority of typical fall-related movements are reliably picked up by automatic fall detection equipment. The device's fall detection algorithm is tuned for operation when it's hanging around your neck. However, some slower movements, such as slipping off the bed or sofa and onto the floor, cannot be reliably recognized and can necessitate you pressing the call button. One of the important features used in the majority of smart walkers to address gait and balance problems is a fall detection system. To forecast, identify, and prevent instances of falling, a variety of procedures are used to monitor gait metrics using sensory systems.

Market Dynamics

Increasing geriatric population is expected to drive market growth over the forecast period. For instance, according to the World Health Organization (WHO), the worldwide geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.

Key features of the study:

• This report provides an in-depth analysis of the global fall detection systems market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global fall detection systems market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Koninklijke Philips N.V., LifeWatch USA,  Tunstall, Apple Inc., ADT Security Services, Medical Guardian LLC, MobileHelp, Bay Alarm Company, MariCare Oy, Origin Wireless, The ADT Corporation, Singapore Technologies Electronics Limited , Semtech Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global fall detection systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fall detection systems market

Detailed Segmentation:

• Global Fall Detection Systems Market, By Product Type:
  • Automated Detection Systems
  • Manual Detection Systems
• Global Fall Detection Systems Market, By Sensing Modalities:
  • Wearable
    • Watches
    • Necklace
    • Clip to Garment
  • Non Wearable
    • Floor Sensors
    • Wall Sensors
    • Cameras
• Global Fall Detection Systems Market, By Technology:
  • GPS System
  • Mobile Phones
  • Sensors
• Global Fall Detection Systems Market, By Component:
  • Accelerometer & Gyroscope
  • Unimodal Sensors
  • Multimodal Sensors
• Global Fall Detection Systems Market, By End User:
  • Home Care Settings
  • Senior Assisted Living Facilities
• Global Fall Detection Systems Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Region/Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Koninklijke Philips N.V.
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • LifeWatch USA
  • Tunstall
  • Apple Inc.
  • ADT Security Services
  • Medical Guardian LLC
  • MobileHelp
  • Bay Alarm Company
  • MariCare Oy
  • Origin Wireless
  • The ADT Corporation
  • Singapore Technologies Electronics Limited
  • Semtech Corporation

 “*” marked represents similar segmentation in other categories in the respective section.