Fall Management Market Size to Attain USD 216.82 Million, Globally, by 2026 at 4.5% CAGR: Allied Market Research

Allied Market Research published a report, titled, "Fall Management Market by Product (Sensor Pad, Floor Mat and RFID Tag): Global Opportunity Analysis and Industry Forecast, 2019-2026" According to the report, the global fall management market generated $152.46 million in 2018, and is estimated to generate $216.82 million by 2026, growing at a CAGR of 4.5% from 2019 to 2026.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬, 𝐫𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

The global fall management market is experiencing growth propelled by the increasing geriatric population worldwide and a rise in the prevalence of chronic diseases. Nonetheless, the lack of awareness regarding fall management systems acts as a barrier to market expansion. Conversely, the growing demand for fall detection systems opens up new avenues for growth in the forthcoming years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/6404

𝐓𝐡𝐞 𝐬𝐞𝐧𝐬𝐨𝐫 𝐩𝐚𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

In 2018, the sensor pad segment held over half of the total share in the global fall management market and is projected to maintain its dominance throughout the forecast period. Furthermore, this segment is anticipated to achieve the highest compound annual growth rate (CAGR) of 4.69% from 2019 to 2026. This growth is attributed to factors such as the increasing incidence of disabilities, favorable healthcare reforms, the growing geriatric population, and the rise in chronic diseases prevalence.

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜, 𝐟𝐨𝐥𝐥𝐨𝐰𝐞𝐝 𝐛𝐲 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚, 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐭𝐡𝐞 𝐥𝐞𝐚𝐝 𝐬𝐭𝐚𝐭𝐮𝐬 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

In 2018, Asia Pacific held the largest revenue share, representing over one-third of the global fall management market and is expected to sustain its leading position throughout the forecast period. Additionally, the region is projected to experience the fastest compound annual growth rate (CAGR) of 5.59% from 2019 to 2026. This growth is attributed to the increasing adoption of various fall management devices, including sensor pads and RFID tags, among the Asian population. Conversely, North America contributed the second largest revenue share in 2018, accounting for nearly half of the total market share.

𝐓𝐡𝐞 𝐬𝐞𝐧𝐬𝐨𝐫 𝐩𝐚𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

Based on product, the sensor pad segment contributed to more than half of the total share of the global fall management market in 2018, and is expected to continue its leadership position during the forecast period. In addition, the segment is expected to register the highest CAGR of 4.69% from 2019 to 2026, owing to surge in incidence of disabilities, favorable healthcare reforms, rise in geriatric population, and increase in prevalence of chronic diseases.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐚𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/6404

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬
Rondish Company Limited
Alimed, Inc.
Curbell, Inc
Deroyal Inc
Personal Safety Corporation (PSC)
Emfit Ltd
Medline Industries, Inc
Smart Caregiver Corporation
Stanley Black & Decker, Inc
Tidi Products, LLC

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞- https://www.alliedmarketresearch.com/fall-management-market-A06039

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐋𝐢𝐟𝐞 𝐒𝐜𝐢𝐞𝐧𝐜𝐞 𝐃𝐨𝐦𝐚𝐢𝐧
𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 𝐁𝐥𝐨𝐨𝐝 𝐏𝐥𝐚𝐬𝐦𝐚 𝐃𝐞𝐫𝐢𝐯𝐚𝐭𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/middle-east-blood-plasma-derivative-market-A53523

𝐋𝐮𝐧𝐠 𝐂𝐚𝐧𝐜𝐞𝐫 𝐒𝐜𝐫𝐞𝐞𝐧𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/lung-cancer-screening-market-A31460

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