Press release
Fall Detection System Market is Projected to Grow at a CAGR of 6.13% by Latest Trend, Share Analysis, Growth, Application and Forecast to 2024
The Global Fall Detection System Market accounted for USD 412.7 million in 2016 growing at a CAGR of 6.13% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Fall Detection System Market, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), Component (Accelerometers & Gyroscopes, Other Unimodal/Bimodal Sensors, Multimodal Sensors); Algorithm (Simple Threshold, Machine Learning); System (Wearable Systems, In-Home Landline System, In-Home Cellular Systems); End-Users (Senior Citizens – Home, Senior Citizens – Outside, Hospitals, Nursing, and Senior Assisted Living Facilities, Lone Workers) – Industry Trends and Forecast to 2024
Complete report on Global Fall Detection System Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Major market drivers: Global Fall Detection System Market
• Better accessibility to assistance in case of fall, leading to reduced medical expenses.
• Increasing demand for multimodal technology
• Increasing demand for smartphone and wearable technology based fall detection system.
• Use of data from simulated conditions for designing the fall detection system algorithm
• Low practicality and acceptability of the technology among elders
Market Definition: Global fall Detection System Market
Fall detection system is the system used in alerting emergence in the incident of fall. Fall detection system such as automatic fall detection system and manual fall detection system are used in such detection. Such devices have the potential to diminish some of the adverse consequences of a fall. It has its application in hospitals, nursing, senior assisted living facilities, lone workers, and others. Increased demand for multimodal technology is the major driver for the growth of fall detection system market. On the other side low practicality of the technology among elders somewhere hinders the market.
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Key Questions Answered in Global Fall Detection System Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Fall Detection System Market in 2024?
• What are the key factors driving, Analysis by Applications and Countries Global Fall Detection System Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Fall Detection System Market?
• Who are Opportunities, Risk and Driving Force of Global Fall Detection
System Market?
• Who are the opportunities and threats faced by the vendors in Global Fall Detection System Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Fall Detection System Market opportunities, market risk and market overview of the Market?
Top Key Players:
• ADT Corporation
• Bay Alarm Medical
• Blue Willow Systems
• Connect America
• Koninklijke Philips N.V.
• Lifefone
• Mobilehelp
• Semtech Corporation
• Tunstall Healthcare Group Ltd.
• Vital Connect Inc.
• Alertone Services, LLC
• Intel Corporation
• Marigroup Oy
• Medical Guardian LLC
• Mytrex, Inc.
• DBA Rescue Alert
• Singapore Technologies Electronics Limited
• LifeWatch USA
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Customize report of "Global Fall Detection System Market" as per customers requirement also available.
Market Segmentations:
Global Fall Detection System Market is segmented on the basis of
• Components
• Algorithm
• System
• End User
• Geography.
Market Segmentations in Details:
On the basis of Components into accelerometers & gyroscopes, other unimodal/bimodal sensors, multimodal sensors, and others.
On the basis of Algorithm into simple threshold, machine learning.
On the basis of System global fall detection system market is segmented into wearable systems, in-home landline system, in-home cellular system, and others.
On the basis of End User the global fall detection system market is further segmented into senior citizens – home, senior citizens – outside, hospitals, nursing, and senior assisted living facilities, lone workers
On the basis of geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Company Share Analysis: Global fall Detection System Market
The report for global fall detection system market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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