Press release
Fall Detection System Market
The global fall detection system market is projected to expand at a healthy CAGR of 4.5% in terms of value during the forecast period, revised from the previous CAGR of 4.9%, due to factors regarding which PMR offers useful insights in detail in this report. The fall detection system market is estimated to account for US$ 365.2 Mn in 2017 and is expected to increase to US$ 518.5 Mn by 2025. North America and APAC are expected to collectively account for nearly 57.7% revenue share of the fall detection system market in 2017.
View Full Report @ https://www.persistencemarketresearch.com/market-research/fall-detection-system-market-092017.asp
The market for fall detection systems, though shrouded by high cost of equipment, false positives of equipment and lack of awareness, presents lucrative opportunities for manufacturers and service providers alike, as these offer ease of accessibility, affordability, and effective administration to potential customers.
The report analyzes the global fall detection system market in terms of market value (US$ Mn) by product type, sensing modalities, technology, end user and region. It also provides information regarding market dynamics, competitive landscape, current trends, market estimations and forecast.
North America is expected to dominate the global fall detection market throughout the forecast period, driven by increasing number of falls among the geriatric population, rising prevalence of chronic diseases, proliferation of smartphones and adoption of fall detection systems as supportive tools for independent living. The market in U.S. for fall detection systems in North America holds the largest share.
The fall detection system market in the U.S. is expected to increase from the current estimated value of US$ 136.9 Mn in 2017 to US$ 197.4 Mn by 2025, registering a CAGR of 4.7% over the forecast period. Rising number of falls among old people, increasing demand for fall detection systems due to their superior effectiveness and increased focus on maintaining superior quality of life are factors expected to boost overall demand in the fall detection system market in the near future.
Get Sample Copy Of This Report @ https://www.persistencemarketresearch.com/samples/18853
By product type, the fall detection system market is segmented into automatic fall detection systems and manual fall detection systems. The automatic fall detection systems segment is expected to dominate the global fall detection systems market by the end of 2025. The segment is projected to register an above average growth rate over the forecast period.
By sensing modalities, the fall detection system market is segmented into wearable and non-wearable segments. Among these, the wearable segment is expected to dominate the overall market by 2025, owing to ease of use and portability of these devices and rising number of falls among the aging population as well as increasing adoption of new technologies by the elderly to live independently and safely at home.
By technology, the fall detection system market is segmented into GPS systems, mobile phones, and sensors. Among these, the sensors segment is expected to gain high demand in comparison to all other segments over the forecast period.
By end user, the fall detection system market is segmented into home care settings and senior assisted living facilities. Among these, the home care settings segment is expected to remain the most attractive and is estimated to account for 70.7% share of the global market by 2017 end, and further increase to 74.2% by 2025.
Get To Know The Methodology of Report @ https://www.persistencemarketresearch.com/methodology/18853
Key Players
Koninklijke Philips N.V., Tunstall, ADT LLC dba ADT Security Services, Medical Guardian LLC, LifeWatch USA, Bay Alarm Company, Mobile Help, and MariCare Oy are some of the key players in the global fall detection system market.
Contact us:
305 Broadway, 7th Floor
New York City, NY 10007
United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.com
Website: www.persistencemarketresearch.com
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fall Detection System Market here
News-ID: 1854523 • Views: …
More Releases from Persistence Market Research
Data Center RFID Industry to Expand at 12.6% CAGR Through 2032, Hitting USD 5.3 …
Overview of the Market
The global data center RFID market is poised for rapid growth, with an expected value of US$ 2.3 billion in 2025, projected to reach US$ 5.3 billion by 2032, expanding at a strong CAGR of 12.6% during the forecast period. This growth trajectory reflects the increasing demand for automated asset tracking, security enhancements, and operational efficiency in data center environments. RFID (Radio Frequency Identification) enables real-time tracking…
Proximity-Based Marketing Market Expected to Expand at 21.7% CAGR Through 2032 | …
Overview of the Market
The global proximity marketing market is undergoing explosive growth, expected to surge from US$76.8 billion in 2025 to a staggering US$303.5 billion by 2032, registering a remarkable CAGR of 21.7%. Proximity marketing, also referred to as hyperlocal marketing, enables businesses to connect with potential customers within a highly targeted geographic radius-often just a few meters-through location-based messaging and mobile engagement.
The United States is projected to dominate the…
Programmable Robots Market Size Set to Double by 2032, Driven by Technological A …
Overview of the Market
The programmable robots market is experiencing robust growth, driven by rapid technological advancements and expanding adoption across industries. Valued at US$ 4,038.1 million in 2025, the market is projected to reach a substantial US$ 8,927.0 million by 2032, reflecting a strong CAGR of 12.0%. These robots, which can be coded and controlled to perform tasks ranging from simple movements to complex functions, are finding increasing relevance in…
Process Analyzer Market Anticipated to Register 6.6% CAGR Between 2025 and 2032 …
Overview of the Market
The global Process Analyzer market is on a significant growth trajectory, projected to reach US$ 9,503.1 million by 2025 and expand further to US$ 14,865.0 million by 2032, registering a CAGR of 6.6% during the forecast period. This growth is primarily driven by industries' increasing demand for real-time, high-speed, and accurate analysis in critical operations, especially in sectors like oil & gas, pharmaceuticals, water treatment, and chemicals.…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
