Press release
Fall Detection System market is estimated to grow at a CAGR of 9.6 % within the forecast period of 2023-2030 : Cognitive Market Research
Fall Detection System market is estimated to grow at a CAGR of 9.6 % within the forecast period of 2023-2030 : Cognitive Market Re
Fall detection system is a medical alert system. If the user falls, these systems immediately activate the sensor. Additionally, fall detection systems notify emergency services in the event of an accident. It is mostly intended for the elderly. The two major elements of this system are the cell phone and the wearable gadget. An alert is sent to the user's emergency contacts when a wearable device that detects a fall sends one to the user's cell phone.
Summary:
The global fall detection systems market is estimated to be valued at USD 5,632.1 million in 2022 and is expected to exhibit a CAGR of 9.6 % during the forecast period.
• North America is expected to held a dominant position during the forecast period
• The increasing geriatric population is anticipated to grow the demand for the global fall detection systems market.
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Dnamics:
The increasing geriatric population is anticipated to grow the demand for the global fall detection systems market. In addition, the rise in the prevalence of various chronic diseases such as diabetes and Alzheimer's disease, dementia, chronic obstructive pulmonary disease (COPD), and others drives the global market growth. However, the high cost of the fall detection systems is anticipated to restrain the market expansion.
Market Segmentation:
By Product Type:
• Automated Detection Systems
• Manual Detection Systems
the automated fall detection systems segment is expected to grow the global market during the forecast period, due to the growing adoption of artificial intelligence technologies.
By Technology:
• GPS System
• Smart Phones
• Sensors
Smartphone technology is anticipated to grow the global fall detection systems market This is due to the rising demand for smartphones and wearable technology and improved fall-assistance capabilities that result in lower medical expenses which drive the market growth.
The Major Players:
GE Healthcare Life Sciences, Thermo Fisher Scientific, Terumobct, Xpand Biotechnology, BINKIT, AMMSTM, Lonza Group, Terumo, Becton Dickinson
Get free sample pages of latest published Fall Detection System Market Report 2023:
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Regional analysis:
North America is expected to held a dominant position during the forecast period, due to the rising adoption of smartphones. Further, the rising inclination of people towards self-care devices and increasing adoption of the IoT is expected to increase the growth of the fall detection system market.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Fall Detection System Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Fall Detection System Market Overview
• 4.1 Introduction
• 4.2 Global Fall Detection System Market Statistics by Regions (2018-2030)
4.2.1 North America Fall Detection System Status and Prospect (2018-2030)
4.2.2 Europe Fall Detection System Status and Prospect (2018-2030)
4.2.3 Asia Pacific Fall Detection System Status and Prospect (2018-2030)
4.2.4 Latin America Fall Detection System Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Fall Detection System Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Fall Detection System Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Fall Detection System Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Fall Detection System Market Regional Analysis
Chapter 11 North America Fall Detection System Market Outlook (2018 - 2030)
Chapter 12 Europe Fall Detection System Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Fall Detection System Market Outlook (2018 - 2030)
Chapter 14 Latin America Fall Detection System Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Fall Detection System Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more The Fall Detection System market TOC click here:
https://www.cognitivemarketresearch.com/fall-detection-system-market-report#table_of_contents
Related Report:
• Automatic Fall Detection Market - https://www.cognitivemarketresearch.com/automatic-fall-detection-market-report
• Fall Detection Device Market - https://www.cognitivemarketresearch.com/fall-detection-device-market-report
• Fall Detection System Market - https://www.cognitivemarketresearch.com/fall-detection-system-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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