Press release
Fall Detection System Market: Segment Snapshot and Table of Content (2021)
Fall Detection System Market
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 fall detection systems market accounted for US$ 321.3 Mn in 2014 and is expected to increase to US$ 448.1 Mn by 2021 at a CAGR of 4.9 % over the forecast period.
North America is expected to dominate the global fall detection market throughout the forecast period, driven by increasing number of falls among the geriatric population, rising prevalence of chronic diseases, the proliferation of smartphones and adoption of fall detection systems as a supportive tool for independent living. The U.S. is the largest market for fall detection systems in North America. The fall detection systems market in the U.S. is expected to increase from the current estimated value of US$ 124.7 Mn in 2015 to US$ 175.0 Mn by 2021, registering a CAGR of 5.8% over the forecast period. Rising number of falls among the geriatric population, increasing demand for fall detection systems due to their superior effectiveness, and increased focus on maintaining the superior quality of life are factors expected to boost overall demand for fall detection systems, worldwide, in the near future.
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The global Fall Detection System Market is segmented on the basis of product type, sensing modalities, technology, end user and region.
By product type, the fall detection system market is segmented into automatic fall detection systems and manual fall detection system. The automatic fall detection systems segment is expected to dominate the overall fall detection systems market by the end of 2021. The segment is projected to register an above average growth rate over the forecast period.
By sensing modalities, the fall detection system market is segmented into wearable and non-wearable segments. Among these, the wearable segment is expected to dominate the overall market by 2021, owing to the ease of use and portability of these devices and rising number of falls among the aging population and increasing adoption of new technologies by the elderly to live independently and safely at home.
By technology, fall detection system market is segmented into GPS systems, mobile phones, and sensors. Among these, sensors segment is expected to gain high demand in comparison to all another segment over the forecast period.
By end user, fall detection system market is segmented into home care settings and senior assisted living facilities. Among these, home care settings segment is expected to remain the most attractive, and is estimated to account for 69.8% share of the global by 2015 end, and further increase to 72.1% by 2021.
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Summary of Table of Content
1. Executive Summary
2. Research Methodology
3. Assumption & Acronyms Used
4. Market Overview
5. Global Fall Detection Systems Market Analysis and Forecast By Product Type
6. Global Fall Detection Systems Market Analysis and Forecast By Sensing Modalities
7. Global Fall Detection Systems Market Analysis and Forecast By Technology
8. Global Fall Detection Systems Market Analysis and Forecast By End User
9. Global Fall Detection Systems Market Analysis and Forecast By Region
10. North America Fall Detection Systems Market Analysis
11. Latin America Fall Detection Systems Market Analysis
12. Europe Fall Detection Systems Market Analysis
13. Asia Pacific Fall Detection Systems Market Analysis
14. MEA Fall Detection Systems Market Analysis
15. Competitive Landscape
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About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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