Global Fall Detection System Market is Growing at a Significant Rate in the Forecast Period 2018-2025
Global Fall Detection System Market is expected to reach 479.55 Million by 2025 from USD 341.17 Million in 2017, growing at a CAGR of 4.5% in the forecast period 2018 to 2025.
(EMAILWIRE.COM, October 01, 2018 ) Global Fall Detection System Market is expected to reach 479.55 Million by 2025 from USD 341.17 Million in 2017, growing at a CAGR of 4.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Segmentation: Global Fall Detection System Market
Global Fall Detection System Market, By Product Type (Automatic Fall Detection System, Manual Fall Detection System), By Algorithm (Simple Threshold, Machine Learning), By Component (Accelerometers & Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), By System (Wearable Systems {Watches, Clip-On, Necklace}, Non-Wearable Systems {Camera, Wall Sensors, Floor Sensors}, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Industry Trends and Forecast to 2025
Drivers: Global Fall Detection System Market
One of the major factors driving the market for global fall detection system market is ability to assist in case of fall, growth in enhanced medical alert services. This factor led to the increase in the demand for fall detection system products. Increased demand of wearable technology based fall detection system and growth in demand of smart phones are the other factor driving the growth of the global fall detection system market.
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ABILITY TO ASSIST IN FALL
Falling can be the major, frequent, and dangerous event for the elderly population. For instance, according to World Health Organization (WHO), in 2013, it has been estimated that approximately, 32.0-42.0% of people aged between 65 and above fall each year. Placing seniors in nursing homes or other care centers has reduced the dangers of the elderly falling. With the advancement in the technologies, fall detection has been appeared as popular assistive device whose main objective is to alert when a fall event has occurred. Fall detectors can significantly reduce the fear of falling and the rapid provision of assistance after a fall. Users of fall detector system reported that they felt more confident and independent. They considered that the detector amended their safety.
One of the significant roles of fall detection device is that it helps in reducing the time of the elderly people lying on the floor after they fall as most of elderly people are unable to get up again without assistance. Any subsequent long lie can lead to many injuries such as, hypothermia, dehydration, bronchopneumonia, pressure sores, among others.
GROWTH IN ENHANCED MEDICAL ALERT SERVICES
Age comes with the added risks; elderly people face the threat of accidents that can take away the freedom of living independently, without any assistance such as care-taker. Timing responses to fall reduces the possibility of serious injuries. It sends an instant alert to their care takers. Fall detection devices offers help at the touch of a button. Providing an extra layer of protection to seniors when no one is around. Accuracy and reliable performance is crucial in these devices.
Many developments took place in the field of medical alert devices, For instance, in September, 2016 Blue Willow Systems (U.S.) has launched its fall detection and alert system in senior care communities in U.S. and Canada. This launch and expansion has brought the awareness about companys products among the users. However, there is continuous enhancement of medical alert services or system such as water resistant, embedded with GPS alert alarms, wireless networks, among others. which in return act as the vital driver in the growth of global fall detection market.
Major Players: Global Fall Detection System Market
Some of the major players operating in this market are
VitalConnect,
Blue Willow Systems,
LifeCall, Williamson Corporation,
Life Assure,
Koninklijke Philips N.V.,
Singapore Technologies Engineering Ltd,
Semtech Corporation,
Intel Corporation,
Connect America,
Tunstall,
Medical Guardian LLP,
Bay Alarm Medical,
MobileHelp,
Mytrex, Inc.,
AlertOne Services, LLC,
LifeFone and MariCare among others.
Access Full Report: https://databridgemarketresearch.com/reports/global-fall-detection-system-market/
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
Get free sample @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-fall-detection-system-market
Segmentation: Global Fall Detection System Market
Global Fall Detection System Market, By Product Type (Automatic Fall Detection System, Manual Fall Detection System), By Algorithm (Simple Threshold, Machine Learning), By Component (Accelerometers & Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), By System (Wearable Systems {Watches, Clip-On, Necklace}, Non-Wearable Systems {Camera, Wall Sensors, Floor Sensors}, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Industry Trends and Forecast to 2025
Drivers: Global Fall Detection System Market
One of the major factors driving the market for global fall detection system market is ability to assist in case of fall, growth in enhanced medical alert services. This factor led to the increase in the demand for fall detection system products. Increased demand of wearable technology based fall detection system and growth in demand of smart phones are the other factor driving the growth of the global fall detection system market.
Inquire before buying @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-fall-detection-system-market
ABILITY TO ASSIST IN FALL
Falling can be the major, frequent, and dangerous event for the elderly population. For instance, according to World Health Organization (WHO), in 2013, it has been estimated that approximately, 32.0-42.0% of people aged between 65 and above fall each year. Placing seniors in nursing homes or other care centers has reduced the dangers of the elderly falling. With the advancement in the technologies, fall detection has been appeared as popular assistive device whose main objective is to alert when a fall event has occurred. Fall detectors can significantly reduce the fear of falling and the rapid provision of assistance after a fall. Users of fall detector system reported that they felt more confident and independent. They considered that the detector amended their safety.
One of the significant roles of fall detection device is that it helps in reducing the time of the elderly people lying on the floor after they fall as most of elderly people are unable to get up again without assistance. Any subsequent long lie can lead to many injuries such as, hypothermia, dehydration, bronchopneumonia, pressure sores, among others.
GROWTH IN ENHANCED MEDICAL ALERT SERVICES
Age comes with the added risks; elderly people face the threat of accidents that can take away the freedom of living independently, without any assistance such as care-taker. Timing responses to fall reduces the possibility of serious injuries. It sends an instant alert to their care takers. Fall detection devices offers help at the touch of a button. Providing an extra layer of protection to seniors when no one is around. Accuracy and reliable performance is crucial in these devices.
Many developments took place in the field of medical alert devices, For instance, in September, 2016 Blue Willow Systems (U.S.) has launched its fall detection and alert system in senior care communities in U.S. and Canada. This launch and expansion has brought the awareness about companys products among the users. However, there is continuous enhancement of medical alert services or system such as water resistant, embedded with GPS alert alarms, wireless networks, among others. which in return act as the vital driver in the growth of global fall detection market.
Major Players: Global Fall Detection System Market
Some of the major players operating in this market are
VitalConnect,
Blue Willow Systems,
LifeCall, Williamson Corporation,
Life Assure,
Koninklijke Philips N.V.,
Singapore Technologies Engineering Ltd,
Semtech Corporation,
Intel Corporation,
Connect America,
Tunstall,
Medical Guardian LLP,
Bay Alarm Medical,
MobileHelp,
Mytrex, Inc.,
AlertOne Services, LLC,
LifeFone and MariCare among others.
Access Full Report: https://databridgemarketresearch.com/reports/global-fall-detection-system-market/
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
Contact Information:
Data Bridge Market Research
Data Bridge Market Research
Tel: +1-888-387-2818
Email us
----
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Data Bridge Market Research
Data Bridge Market Research
Tel: +1-888-387-2818
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results