The global fall detection systems market size is anticipated to reach USD 748.40 million by 2030 and is projected to grow at a CAGR of 7.66% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing rate of the geriatric population, improved accessibility to assistance, rising demand for smartphone and wearable technology, technological advancements, and growing awareness and adoption all contribute to the demand for fall detection systems. These systems are important for ensuring the safety and well-being of individuals, especially the elderly population.
Growing advancements in artificial intelligence, wearable technology, and sensor capabilities to develop more accurate and user-friendly solutions is further drive the market growth. These developments aim to offer real-time monitoring, reduce false alarms, and facilitate swift assistance. For instance, in September 2023, AltumView launched its Sentinare 3 sensor, a cutting-edge development in AI-driven fall detection and activity monitoring systems expressly tailored to offer unparalleled privacy and care for the senior demographic.
The global demand for fall detection systems is on the rise, leading to various established and emerging players implementing strategies such as mergers & acquisitions, new product launches, and partnerships to expand their market presence. For instance, in September 2023, FallCall Solutions, a Connecticut-based technology provider, announced the expansion of their medical alert application, FallCall Detect, to include Crash Detection for iPhone 14 and subsequent models. This integration with an autonomous 24/7 emergency monitoring center represents a global pioneering achievement within the safety technology application domain. This enhancement complements FallCall’s existing portfolio of features, such as their proprietary Smart Fall Detection technology, connectivity with Bluetooth-enabled medical alert accessories, and Siri-activated voice commands for emergency assistance calls.
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Fall Detection Systems Market Report Highlights
The automatic fall detection system segment led the market with the largest revenue share of 60.34% in 2023. This is attributed to the broader landscape of fall detection technologies as the aging global population
Based on type, the wearable segment led the market with the largest revenue share of 68.65% in 2023, owing to the rising demand for independent living among the elderly and the need for affordable, efficient healthcare solutions
Based on technology, the sensor-based segment led the market with the largest revenue share of 43.49% in 2023, due to technological advancements that improve the sensitivity, accuracy, and reliability of sensors
Based on component, the accelerometers and gyroscopes segment led the market with the largest revenue share of 38.15% in 2023, owing to advances in MEMS technology that enhance the precision and affordability of motion sensing
Based on end use, the home-based users segment led the market with the largest revenue share of 50.10% in 2023. This is attributed to an increasing inclination towards aging-in-place, and the COVID-19 pandemic has emphasized the importance of remote monitoring solutions
North America dominated the market with the largest revenue share of 38.55% in 2023, which is attributed to the presence of major market players and widespread adoption of fall detection systems due to high prevalence of elder population
In November 2023, Kepler Vision Technologies partnered MOBOTIX AG with to launch an advanced sensor integrated into the MOBOTIX c71 Hemispheric Indoor Camera. Tailored for environments such as elderly care, hospices, and care facilities, the sensor excels in accurately identifying events such as falls, and bed exits. The primary focus of this technology is to reduce the burden on staff members and enhance cost-effectiveness
Fall Detection Systems Market Segmentation
Grand View Research has segmented the global fall detection systems market report based on product, component, technology, type, end use, and region:
Fall Detection Systems Product Outlook (Revenue, USD Million, 2018 - 2030)
Automatic Fall Detection System
Manual Fall Detection System
Fall Detection Systems Type Outlook (Revenue, USD Million, 2018 - 2030)
Wearable
Wrist-Wear
Neckwear
Body-wear
Others
Non-Wearable
Camera
Floor Sensors
Wall Sensors
Fall Detection Systems Technology Outlook (Revenue, USD Million, 2018 - 2030)
GPS-Based
Mobile Phone-Based
Sensor-Based
Fall Detection Systems Component Outlook (Revenue, USD Million, 2018 - 2030)
Accelerometers and Gyroscopes
Multimodal Sensors
Other Unimodal/Bimodal Sensors
Fall Detection Systems End Use Outlook (Revenue, USD Million, 2018 - 2030)
Home-based users
Nursing home
Hospices
Assisted Living Facilities
Fall Detection Systems Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Norway
Denmark
Sweden
Asia Pacific
Japan
China
India
Australia
South Korea
Thailand
Latin America
Brazil
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in the Fall Detection Systems Market
ADT
Apple Inc.
Connect America
Koninklijke Philips N.V.
MariCare
Medical Guardian LLC
MobileHelp
SafeGuardian Senior Medical Alarm SOS Pendants & Smartwatches
Semtech Corporation
Tunstall Group
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
