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Global Fall Detection System Market is expected to reach USD 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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Global Fall Detection System Market ‘’Global Fall Detection System Market is expected to reach USD 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.’’
BRIEF INTRODUCTION The major factors driving the growth of market are ability to assist in case of fall, growth in enhanced medical alert services, increased demand of wearable technology based fall detection system and growth in demand of smart phones. The fall detection system market is dominated by automatic fall detection system with 84.4% market share in 2017 and is expected to grow at the highest CAGR of 4.7% in the forecast period. The global fall detection system market is categorized based on end user into four notable segments; home care setting, hospital and senior assisted living facilities, lone worker and others. Click here to view full report
KEY PLAYERS Some of the major players operating in this market are:- VitalConnect Blue Willow Systems LifeCall Williamson Corporation Life Assure KoninklijkePhilips N.V. Singapore Technologies Engineering Ltd Semtech Corporation
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