Outlook on the Global Market for Fall Detection Systems to 2027 - Featuring Alertone Services, Lifefone & Vital Connect Among Others - ResearchAndMarkets.com - Insurance News | InsuranceNewsNet

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June 24, 2020 Newswires
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Outlook on the Global Market for Fall Detection Systems to 2027 – Featuring Alertone Services, Lifefone & Vital Connect Among Others – ResearchAndMarkets.com

Business Wire

DUBLIN--(BUSINESS WIRE)-- The "Fall Detection System - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Fall Detection System market accounted for $422.29 million in 2019 and is expected to reach $764.43 million by 2027 growing at a CAGR of 7.7% during the forecast period.

Increasing demand for smartphone and wearable technology, rising geriatric population and technological advancements in sensing devices are driving market growth. However, low acceptance of technology for elder population is restraining market growth.

A fall detection system is a device that is used to alert emergency services in case of a fall. Such devices have the potential to mitigate some of the adverse consequences of a fall. The system can detect the persons falling by acceleration analysis and send the geographic position and fall alarm short message to caregivers.

Based on the sensing modalities, the wearable systems segment is going to have a lucrative growth during the forecast period due to availability of devices pre-installed with the machine learning algorithm and their advantage of cost-efficiency and easy installation. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to technological innovations, subtle expansion of the regional healthcare industry, growing penetration of personal emergency response systems and increasing geriatric population.

Companies Mentioned

  • Koninklijke Philips N.V.
  • Tunstall Healthcare Group Ltd.
  • ADT Corporation
  • Medical Guardian LLC.
  • BioTelemetry, Inc.
  • Bay Alarm Company
  • MobileHelp
  • MariCare Oy
  • Connect America
  • Singapore Technologies Electronics Limited
  • Mytrex, Inc. DBA Rescue Alert
  • Semtech Corporation
  • Alertone Services, LLC
  • Lifefone
  • Vital Connect Inc.
  • Intel Corporation
  • Blue Willow Systems
  • BEWIS Sensing

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company Profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 End User Analysis

3.8 Emerging Markets

3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Fall Detection System Market, By System

5.1 Introduction

5.2 In-Home Cellular Systems

5.3 In-Home Landline Systems

6 Global Fall Detection System Market, By Product

6.1 Introduction

6.2 Automatic Detection Systems

6.3 Manual Detection Systems

7 Global Fall Detection System Market, By Algorithm

7.1 Introduction

7.2 Machine Learning Methods

7.3 Simple Threshold

8 Global Fall Detection System Market, By Component

8.1 Introduction

8.2 Multimodal Sensors

8.3 Accelerometers & Gyroscopes

8.4 Unimodal/Bimodal Sensors

9 Global Fall Detection System Market, By Sensing Modalities

9.1 Introduction

9.2 Non-Wearable

9.2.1 Wall Sensors

9.2.2 Floor Sensors

9.2.3 Cameras

9.3 Wearable Systems

9.3.1 Clip to Garment

9.3.2 Necklaces

9.3.3 Watches

10 Global Fall Detection System Market, By End User

10.1 Introduction

10.2 Assisted Living Facilities

10.3 Hospitals

10.4 Lone Workers

10.5 Nursing Homes

10.6 Senior Citizens

10.6.1 Outside

10.6.2 Home

11 Global Fall Detection System Market, By Geography

11.1 Introduction

11.2 North America

11.2.1 US

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 Italy

11.3.4 France

11.3.5 Spain

11.3.6 Rest of Europe

11.4 Asia Pacific

11.4.1 Japan

11.4.2 China

11.4.3 India

11.4.4 Australia

11.4.5 New Zealand

11.4.6 South Korea

11.4.7 Rest of Asia Pacific

11.5 South America

11.5.1 Argentina

11.5.2 Brazil

11.5.3 Chile

11.5.4 Rest of South America

11.6 Middle East & Africa

11.6.1 Saudi Arabia

11.6.2 UAE

11.6.3 Qatar

11.6.4 South Africa

11.6.5 Rest of Middle East & Africa

12 Key Developments

12.1 Agreements, Partnerships, Collaborations and Joint Ventures

12.2 Acquisitions & Mergers

12.3 New Product Launch

12.4 Expansions

12.5 Other Key Strategies

13 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/4ge7ey

View source version on businesswire.com: https://www.businesswire.com/news/home/20200624005431/en/

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

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Source: Research and Markets

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