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Fall Detection Systems Market set to witness surge in demand over the forecast to 2027 | Koninklijke Philips N.V., LifeWatch USA, Tunstall, Apple

11-06-2020 01:10 PM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Fall Detection Systems Market

Fall Detection Systems Market

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.

Disadvantages associated with fall detection systems such as, most of the fall detection systems are wearables, and elderly people often forget to wear the same which is expected to restrain growth of the market up to certain extent.

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Key features of the study:

This report provides 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 (2019–2027), considering 2018, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players

It profiles leading players in the global fall detection systems market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans

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, and Origin Wireless

Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology 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 market.

Complete Report is Available (Including Full TOC, List of Tables & Figures, Graphs, and Chart) @ https://www.coherentmarketinsights.com/market-insight/fall-detection-systems-market-3213

Detailed Segmentation

By Product Type:
Automated Detection Systems
Manual Detection Systems

By Sensing Modalities:
Wearable
Watches
Necklace
Clip to Garment
Non Wearable
Floor Sensors
Wall Sensors
Cameras

By Technology:
GPS System
Mobile Phones
Sensors

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NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details

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