Anti-Drowning System Market Analysis forecast to 2026 Focusing on Top Key Players – Variopool, Swim Eye, Poolview Limited etc.

Anti-Drowning System Market

The global anti-drowning system market was valued at USD 62.22 Million in 2019 and is expected to grow at a CAGR of 4.3% during the forecast period, 2020–2023.
The increasing number of swimming pools, specifically in developing economies, drives the need for effective safety solutions and systems. The rising popularity of condominiums and large residential complexes that primarily comprise individual apartments with well-equipped large pools in the Southeast Asian countries is creating a lucrative opportunity for the growth of the anti-drowning system market. For instance, in Singapore, the number of condominiums surpassed a count of 340,000 in 2018.

The tourism sector also contributes to the growth of leisure infrastructures, such as pools and spas, creating a fertile base for the anti-drowning system market. Resorts and hotels attract numerous tourists, and the growing popularity of Southeast Asian countries as tourism destinations favorably influences the market. For instance, Indonesia welcomed 13.5 million tourists in 2016. Governments in these economies are encouraging expansion projects focusing on the development of hotels and pools. Bali had more than 2,500 hotels with pools in 2016. The scenario has brought to light the importance of effective safety systems, propelling the growth of the anti-drowning system market.

Condominiums and swimming pools have become a standard for improving tenant lifestyle and attract expats. The increase in the growth rate of condominiums for the year 2018 for a few Southeast Asian countries is listed below.

Thailand: 13% increase
Vietnam: 38% increase
The Philippines: 42.1% increase

The tourism sector also contributes to the growth of leisure infrastructures, such as pools and spas, creating a fertile base for the anti-drowning system market. Resorts and hotels attract numerous tourists, and the growing popularity of Southeast Asian countries as tourism destinations favorably influences the market. For instance, Indonesia welcomed 13.5 million tourists in 2016. Governments in these economies are encouraging expansion projects focusing on the development of hotels and pools. Bali had more than 2,500 hotels with pools in 2016. The scenario has brought to light the importance of effective safety systems, propelling the growth of the anti-drowning system market.

North America dominated the market with an active share of around 55–58% in 2019. Incidents of drowning fatalities among children are rising in North America. Over ten deaths from drowning and 15,000 registrations for nonfatal submersion injuries are recorded daily in the U.S., as per the Centres for Disease Control and Prevention. In the U.S., drowning is the leading cause of death among children aged 1–4 and the second leading cause among children aged 5–9.

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The Major Prominent Players Covered in this Report:
Variopool, Swim Eye, Poolview Limited, Coral Detection System, Sentag, SEAL SwimSafe, Poseidon Technologies, and AngelEyeAmong these, Poseidon Technologies dominates the global marketKey players focus on improving their anti-drowning systems with an emphasis on technological advancementsThey are also pursuing expansion through strategic acquisitions and mergersFor instance, Maytronics Ltd has embarked on various acquisitions/mergers for widening its presence and enhancing its revenue. & More.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

By Type, Mounted, Wearable,
By Application, Residential, Commercial

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The rising incidents of child and adult drowning have raised awareness about the importance of wearing life jackets, refraining from alcohol while operating watercraft, and enrolling in boating safety courses. Companies and government officials are taking extra precautions in the approval and deployment of designated guarding personnel and life-saving devices in and around swimming pools, spas, and public parks. Some of the widely used wearable devices are listed below.

Swimming Bracelets -
A swimming bracelet consists of a sensor, warning device, timer, and radio communication device. Battery-powered waterproof swimming bands that inflate a balloon when pressed are widely gaining popularity in North America to detect drowning children. There is also a growing demand for swimming bracelets equipped with loudspeakers.

Technological developments are creating demand for wireless nodes that collect environmental and user data and transmit a warning message to the monitor terminal. Swimming environment and hand gestures allow lifeguards to identify a drowning person and initiate rescue options. Modern swimming bracelets can collect real-time data in an interval of one second and continuously refresh underwater conditions calculated by current hydraulic gage, heart rate, and signal intensity. The alert program is started immediately if underwater penetration exceeds the reservation threshold of 1 meter for more than 30 seconds.

Goggles -
Goggles have long been used by swimmers and sport practitioners for the protection of eyes against chlorinated freshwater. Technology equipped swimming goggles are now helping in the detection and analysis of various readings exhibited by the victim during drowning distress, which includes monitoring of the wave pattern due to panic and irregular pressure variations generated by the gadget.

Swimming goggles are incorporated with two drowning detection sensors on each side. A resistive based circuit attached to the microcontroller detects if both sides of the nose and mouth are closed, and the drowning detection unit generates an alarm. The signal is transmitted using underwater communication technology such as acoustic waves and infrared waves to inform lifeguards and concerned authorities.

Key Anti-Drowning System Market Trends:
- The report identifies, determines, and forecasts the Global Anti-Drowning System Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Anti-Drowning System Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Anti-Drowning System Market.

Key Questions Answered in The Report:
What will the Anti-Drowning System market growth rate?
What are the key factors driving the global Anti-Drowning System market?
Who are the key manufacturers in the Anti-Drowning System market space?
What are the market opportunities, market risk, and market overview of the Anti-Drowning System market?
What are sales, revenue, and price analysis of top manufacturers of the Anti-Drowning System market?
Who are the distributors, traders, and dealers of the Anti-Drowning System market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Anti-Drowning System Industry?
What are sales, revenue, and price analysis by regions of Anti-Drowning System industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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