Fall Detection System Market CAGR of 5.0% is Ready to Grow Globally with Phenomenal Trend Diversity Forecast by 2027


Posted December 8, 2020 by SajjanSing01

Fall detection systems market alert emergency services in case of any accidents. It is primarily designed for geriatric people.

 
Fall detection systems market alert emergency services in case of any accidents. It is primarily designed for geriatric people. This system comprises of two major components such as cell phone and wearable device. Once wearable device detects fall, it sends an alert to the cell phone and then the cell phone sends alerts to the emergency contacts selected by the user.

Increased demand for wearable technologies and smartphones and better ability to assist in case of fall leading to decrease medical expenses drives the growth of the market. Increasing inclination of consumers towards healthcare systems may drive the growth of the fall detection system market. Gyroscopes and accelerometers are widely used components in fall detection, as they help in detecting fall and send signal to the emergency contact selected by the user. Increasing use of this application in wearable technologies and smartphones are also driving the growth of the fall detection system market.  

Fall detection system market is expected to reach at USD 528.70 million by 2027, with market growth at a rate of 5.0% in the forecast period of 2020 to 2027. Increasing geriatric population and growing adoption of wearable technology by consumers are driving the growth of the fall detection system market.

Market Drivers and Restraints:

On the basis product type, the fall detection system market is segmented into automatic fall detection system and manual fall detection system.

On the basis of algorithm, the fall detection system market is segmented into simple threshold and machine learning. 

On the basis of component, the fall detection system market is segmented into accelerometers & gyroscopes, unimodal/bimodal sensors and multimodal sensors. 

On the basis of system, the fall detection system market is segmented into wearable systems, non-wearable systems, in-home landline system, and in-home cellular systems. Wearable systems are further segmented into watches, clip-on and necklace. Non-wearable systems are a segmented into camera, wall sensors and floor sensors.

Based on end-user, the fall detection system market is segmented into home care settings, hospitals and senior assisted living facilities, lone workers and others.

The major players covered in the Fall Detection System Market

The major players covered in the fall detection system market report are Koninklijike Phlips N.V, ADT Inc., Medical Guardian LLC., Connect America, Tunstall Healthcare Group Ltd., MobileHelp, GreatCall, Bay Alarm Medical, LifeFone Medical Alert Services, SafeGuardian LLC, LifeStation, Inc., ST Engineering, ALERTONE SERVICES LLC., Walgreen Company, Semtech Corporation, Legrand Electric Ltd, Mytrex, Inc., Rescue Alert, Galaxy Medical Alert Systems, Valued Relationships, Inc., Care Innovations, LLC. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Major TOC Of The Report

Chapter One:  Fall Detection System Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Fall Detection System Market Competition, by Players

Chapter Four: Global Fall Detection System Market Size by Regions

Chapter Five: North America Fall Detection System Market Revenue by Countries

Chapter Six: Europe Fall Detection System Market Revenue by Countries

Chapter Seven: Asia-Pacific Fall Detection System Market Revenue by Countries

Chapter Eight: South America Fall Detection System Market Revenue by Countries

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Fall Detection System Market

Analysis of market effect factors and their impact on the forecast and outlook of the global   Fall Detection System Market

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Fall Detection System Market

A roadmap of growth opportunities available in the global Fall Detection System Market with the identification of key factors

The exhaustive analysis of various trends of the global Fall Detection System Market to help identify market developments

Key Questions Answered in Report:

What is the key to the Fall Detection System Market?

What will the Fall Detection System Market Demand and what will be Growth?

What are the latest opportunities for Fall Detection System Market in the future?

What are the strengths of the key players?

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Issued By Data Bridge Market Research
Country United States
Categories Health , Medical
Last Updated December 8, 2020