Press release
Fall Detection Systems Market Full In-depth Analysis by Top Key Players Koninklijke Philips N.V., LifeWatch USA, Tunstall, Apple, Inc., ADT Security Services, Medical Guardian LLC, MobileHelp, Bay Alarm Company,
Fall detection systems are tools to prevent accidental falls in elderly population. Geriatric population often faces risks of falling, and is a prevalent problem faced by them. A study published by the World Health Organization (WHO) estimates that between 28%, and 35% of people over 65 years are prone to at least one fall yearly, and 42% for people over 70 years of age. Various kinds of fall detection systems are available in the market which work on different technologies such as sensor based, GPS systems based, and others. Fall detection systems are either automatic, or manually operated. Computer vision based systems, motion sensor based systems, and several other kinds of fall detection systems are available.Global Positioning System (GPS)-based fall detection system allows a person to go wherever he or she likes with accessibility to care center operators anytime, whereas a smartphone-based fall detection system aims to identify dangerous fall events and consequently alert emergency contacts when the user does not recover. Sensors used in fall detection automatically detect falls, stumbles, trips or recovered falls.
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The global fall detection systems market is estimated to account for US$ 402.8 Mn in terms of value in 2019, and US$ 604.3 Mn by the end of 2027.
Global Fall Detection Systems Market: Drivers
Increasing use of smartphones is expected to boost growth of the global fall detection systems market. For instance, according to Gartner, Inc., global sales of smartphones increased 1.2% year over year to reach 1.6 billion units.
Increasing R&D in fall detection is expected to offer lucrative growth opportunities for players in the global fall detection systems market. For instance, in December 2019, researchers from Bauman Moscow State Technical University, Russia, reported assessment of the benefits of using a multi-bioradar system in the accuracy of remote fall detection.
The report is also inclusive of some of the major development trends that characterize the Fall Detection Systems market. A comprehensive document in itself, the Fall Detection Systems market research study also contains numerous other pointers such as the current industry policies in conjunction with the topographical industry layout characteristics. Also, the Fall Detection Systems market study is comprised of parameters such as the impact of the current market scenario on investors.
The pros and cons of the enterprise products, a detailed scientific analysis pertaining to the raw material as well as industry downstream buyers, in conjunction with a gist of the enterprise competition trends are some of the other aspects included in this report.
Fall Detection Systems Market Report covers the following major Key players: Koninklijke Philips N.V., LifeWatch USA, Tunstall, Apple, Inc., ADT Security Services, Medical Guardian LLC, MobileHelp, Bay Alarm Company, MariCare Oy, and Origin Wireless.
Promising Regions & Countries Mentioned In The Fall Detection Systems Market Report:
North America ( United States)
Europe ( Germany, France, UK)
Asia-Pacific ( China, Japan, India)
Latin America ( Brazil)
The Middle East & Africa
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How has the competitive landscape of this industry been categorized?
- The competitive scope of Fall Detection Systems market spans firms listed below, as per the report.
- The report includes substantial information pertaining to the produced goods, company profile, revenue graph, as well as other production patterns.
- The research study also presents details with respect to the market share that every company accounts for, as well as gross margins and price prototypes of the products.
- How will the details provided in the report help prominent stakeholders?
- The information that this study delivers, pertaining to the geographical landscape, is indeed rather vital.
- As per the study, the topographical spectrum of this industry covers the geographies of North America, Europe, Asia-Pacific & Middle East and Africa.
- The study, in detail, enumerates the overview of the regional scope with respect to the growth rate that is likely to be recorded by each region over the projected duration.
- Other important aspects pertaining to the topographical reach that may prove important for buyers include the remuneration and the production volume with regards to each region. The market share which every region holds in the industry has also been provided.
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About Coherent Insights:
Coherent Insights is a prominent research and consulting firm offering action-ready syndicated research reports, custom analysis, consulting services, and competitive analysis through various recommendations related to emerging trends, technologies, and potential absolute dollar opportunity.
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