10-12-2018 04:39 PM CET - Advertising, Media Consulting, Marketing Research
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Fall Detection System Market Boosting CAGR of +4.5% by 2025 with Top players like ST Engineering, Semtech, Connect America, Tunstall Healthcare (UK), Medical Guardian, Intel Corporation, Philips, VitalConnect, With Business Growth and Opportunities

Press release from: Data Bridge Market Research



Fall Detection System market report is a comprehensive study in the market it tells about what the market status in the forecast period of 2018-2025.The Fall Detection System Market Report also provides an analytical assessment of the prime challenges faced by Market currently, and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Market over a longer period of time. This Fall Detection System market Report cover strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. This Fall Detection System market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Global Fall Detection System Market is expected to reach USD 479.55 Million by 2025 from USD 341.17 Million in 2017, growing at a CAGR of 4.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Global Fall Detection System Market, By Product Type (Automatic Fall Detection System, Manual Fall Detection System), By Algorithm (Simple Threshold, Machine Learning), By Component (Accelerometers & Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), By System (Wearable Systems {Watches, Clip-On, Necklace}, Non-Wearable Systems {Camera, Wall Sensors, Floor Sensors}, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025

Complete report on Global Fall Detection System Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures

Market Definition: Global fall Detection System Market

Fall detection system is the system used in alerting emergence in the incident of fall. Fall detection system such as automatic fall detection system and manual fall detection system are used in such detection. Such devices have the potential to diminish some of the adverse consequences of a fall. It has its application in hospitals, nursing, senior assisted living facilities, lone workers, and others. Increased demand for multimodal technology is the major driver for the growth of fall detection system market. On the other side low practicality of the technology among elders somewhere hinders the market.

What Report offers to the buyers?

• To gain insightful analyses of the Fall Detection System Industry and have comprehensive understanding of the global market and its commercial landscape.

• To understand the future outlook and prospects for the Fall Detection System market with Marketing & Price (Price and Margin, Factors of Price Change, Manufacturers Gross Margin Analysis).

• Assess the production processes, major issues, and solutions.

• Market strategies that are being adopted by leading respective organizations

• Get a detailed picture of the Fall Detection System Industry.

• Understand the competitive environment, major players and leading brands

• Seven-year forecasts to assess how the Fall Detection System market is predicted to develop.

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Major Market Drivers and Restraints:

• Regulatory changes in the US with the implementation of PPACA
• Pressure to reduce rising healthcare costs
• Shift to ICD-10 coding standards and upcoming ICD-11
• Loss of revenue due to billing errors
• Consolidation increasing in the healthcare industry
• Rising need for structured processes and documentations
• Hidden costs of outsourcing
• Fear of losing visibility and control over the business process

Top Key Players:

• Medical Guardian LLP
• LifeFone
• Koninklijke Philips N.V.
• Intel Corporation
• VitalConnect
• Blue Willow Systems
• LifeCall
• Williamson Corporation
• Life Assure
• Singapore Technologies Engineering Ltd
• Semtech Corporation
• Connect America
• Tunstall
• Bay Alarm Medical
• MobileHelp
• Mytrex, Inc.
• AlertOne Services, LLC
• MariCare
• among others.

Key Drivers: Global Fall Detection System Market

• Low acceptance of technology among elder population is the factor which may hinder the growth of this market.

• Rising geriatric population and implementation of machine learning approach to detect fall are some of the factors which will drive the market in future.

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Key Factors: Global Fall Detection System Market

• Some of the key factors driving the market for global fall detection system are ability to assist in case of fall, growth in enhanced medical alert services. Increased demand of wearable technology based fall detection system and growth in demand of smart phones are the other factor which will drive the demand of global fall detection system market.

• The major factors driving the growth of market are ability to assist in case of fall, growth in enhanced medical alert services, increased demand of wearable technology based fall detection system and growth in demand of smart phones. On the other hand, low acceptance of technology among elder population may hinder the growth of the market.

Customize report of "Global Fall Detection System Market" as per customers requirement also available.

Company Share Analysis: Global Fall Detection System Market

The report for global fall detection system market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Market Segmentations:

Global Fall Detection System Market is segmented on the basis of
• Product Type
• Algorithm
• Component
• System
• End User
• Geography

Market Segmentations in Details:

On the basis of Product Type into two notable segments; automatic fall detection system and manual fall detection system.

On the basis of Algorithm into two notable segments; machine learning and simple threshold.

on the basis of Component into three notable segments; accelerometers and gyroscope, multimodal sensor and unimodal or bimodal sensor.

On the basis of System, the global fall detection system market is segmented into four notable segments; wearable, non-wearable, in-home cellular system and in-home landline system.

On the basis of End User into four notable segments; home care setting, hospital and senior assisted living facilities, lone worker and others.

On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

Key Points: Global Fall Detection System Market

• Accelerometers and Gyroscope market is growing with the highest CAGR

• Automatic fall detection system is driving the market with highest market share.

• Wearable segment is dominating the fall detection system market

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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