Fall Detection Systems Market to Surpass US$ 600 Million by 2027 | Koninklijke Philips N.V., LifeWatch USA, Tunstall, Apple, Inc., ADT Security Services, Medical Guardian LLC, MobileHelp

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.

The global fall detection systems market is estimated to account for US$ 402.8 Mn in terms of value in 2019 and is expected to account for US$ 604.3 Mn by the end of 2027.

Increasing geriatric population is expected to boost growth of the global fall detection systems market 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.

Moreover, increasing prevalence of various chronic diseases such as Alzheimer's disease, dementia, cardiovascular diseases, chronic obstructive pulmonary disease, (COPD) and diabetes is also expected to propel growth of the market. For instance, according to WHO, the number of people suffering from dementia is expected to reach 65.7 million by 2030.

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This report provides an overview of the Fall Detection Systems industry, including its basic introduction, applications, and advanced manufacturing techniques. So as to get a more extreme view of the market size, the competitive landscape is served. This includes Fall Detection Systems market revenue share (%) by key players (2013-2018) and revenue (in Million USD) by top leading companies (2013-2018).

Competitive Analysis:

The major companies are exceedingly focused on innovation in Fall Detection Systems production technology to enhance ledge life and efficiency. The best long-term development path for Fall Detection Systems market can be caught by guaranteeing financial pliancy to invest in the optimal strategies and current process improvement.

The Fall Detection Systems industry company profile section of�Koninklijke Philips N.V., LifeWatch USA, Tunstall, Apple, Inc., ADT Security Services, Medical Guardian LLC, MobileHelp, Bay Alarm Company, MariCare Oy, and Origin Wireless.

Each manufacturer or Fall Detection Systems market player's growth rate, revenue figures, and gross profit margin is provided in a tabular, simple format for few years and an individual section on Fall Detection Systems market recent development such as collaboration, acquisition, mergers, and any new service or new product launching in the market is offered.

Topographical Study: Europe, US, Japan, Southeast Asia, and Central & South America, China and India.

A detailed profile for more than 10 leading manufacturers is included, along with the financial history, to analyze the latest performance of the Fall Detection Systems market. Latest and revised discussion of major Fall Detection Systems market and influences the market is considered with a thought-provoking qualitative state on Fall Detection Systems market future threats, challenges, and opportunities. This report integrates the best of statistically applicable quantitative data from the Fall Detection Systems industry, along with detailed and relevant qualitative study and comment.

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Customized country-level and region-wise reports for the following regions:

- North America:US, Canada, and Mexico.

- South & Central America: Chile, Argentina, and Brazil.

- Middle East & Africa: UAE, Turkey, Saudi Arabia, Egypt, and South Africa.

- Europe: United Kingdom, France, Spain, Italy, Germany, and Russia.

- Asia-Pacific: Japan, India, China, Singapore, South Korea, Indonesia, and Australia.

The following years taken into consideration in this research to forecast the global Fall Detection Systems market size are as follows:

History Year: 2013-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year: 2020 to 2026

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