To attain detailed market insights and keep market place clearly into the focus, such wide-ranging Europe Fall Detection System Market research report has to be there in the picture. It describes various parameters throughout the report which analyses the market status in detail. Market definition, market segmentation, key developments in the market, competitive analysis and research methodology are the key topics in which the report can be classified. Each of these topics is examined very wisely to acquire a clear idea about all the factors that are influencing the market growth and Global Hazardous Area Equipment industry. The large-scale Europe Fall Detection System Market report delivers comprehensive analysis of the market structure along with the estimations of the various segments and sub-segments of the market.
 
The world class Europe Fall Detection System Market report works upon a number of industry and market parameters including latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights and innovation. This market report estimates compound annual growth rate (CAGR) value fluctuation for the forecast period of 2022-2029 that aids businesses in guessing the investment value. Market research analysis conducted in this report optimistically lends a hand to businesses for the strategy planning related to production, costing, inventory, purchasing and marketing. An examination of various segments that are supposed to witness the quickest development amid the estimated forecast frame is also performed in Europe Fall Detection System Market document.
 
Data Bridge Market Research analyses that the fall detection system market was valued at USD 128.53 million in 2022 and is expected to reach the value of USD 203.32 million by 2030, at a CAGR of 5.90% during the forecast period.
 
Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=europe-fall-detection-system-market
 
Market Overview
 
A fall detection system is an assistive device that is placed on the human’s waist that signals when a fall has occurred. This system can easily sense the person falling by acceleration analysis and then send a short message of the geographic position and fall alarm to caregivers. Thus, the ageing who have fallen can get timely aid to decrease the negative influence such as muscle necrosis, pressure ulcer, and hyperthermia.
 
Some of the major players operating in the fall detection system market are:
 
  • Tunstall Group (U.K.)
  • Koninklijike Phlips N.V. (Netherlands)
  • ADT (U.S.)
  • Medical Guardian LLC. (U.S.)
  • Connect America (U.S.)
  • SafeGuardian Medical Alarms & Help Alert Systems (U.S.)
  • Bay Alarm Medical (U.S.)
  • LifeFone Medical Alert Services (U.S.)
  • LifeStation, Inc. (U.S.)
  • ST Engineering (Singapore)
  • AlertONE Service Inc. (U.S.)
  • Walgreen Company (U.S.)
  • Semtech Corporation (U.S.)
  • Legrand (France)
  • Mytrex, Inc. (U.S.)
  • Rescue Alert (U.S.)
  • Galaxy Medical Alert Systems (Canada)
  • Care Innovations, LLC (Canada)
  • MobileHelp (U.S.)
 
Europe Fall Detection System Market Dynamics
 
Drivers
 
  • Growing prevalence of several chronic diseases
Rising prevalence of several chronic diseases such as cardiovascular diseases, chronic obstructive pulmonary disease (COPD), Alzheimer’s disease, dementia and diabetes are anticipated to drive the fall detection systems market growth. For instance, as per the report of WHO, the number of people who are suffering from dementia is anticipated to reach around 65.7 million by 2030 worldwide.
 
  • Introduction of patient-oriented fall detection systems”
Most aged people who fall, generally suffer from several medical issues that occur consecutively. As a result of this, it is essential to monitor the patient's activities and physiological data. Linking physiological sensors with fall detection systems offers better information of patient-related medical issues and allow for more thorough monitoring. The introduction of patient-oriented fall detection systems has augmented the demand for fall detection systems. This is one of the major factors which is contributing to the market growth.
 
Opportunities
 
  • Growing adoption of smartphones
The growing adoption of smartphones is expected to create ample opportunities for the growth of the fall detection system market during the forecast period. For instance, as per the data from GSMA Intelligence, which is the mobile industry's leading data and analysis resource, there are 5.34 billion mobile phone users in 2022 all over the globe. Smartphones offer a simple and realistic method of implementing fall detection systems. As smartphone-based fall detection systems have become more popular among end-users, researchers are working to overcome tiny flaws that impair some system precision. The growing penetration of smartphones and increasing integration of fall detection systems into software applications are expected to offer huge growth opportunities for the market.
 
 Restraints
 
  • High cost and disadvantages associated with fall detection system
The high price of fall detection systems is anticipated to hamper the growth of this region's fall detection systems market. High subscription prices may hinders the adoption of these devices in developing economies of Europe. Furthermore, fall detectors accessible by several market players are not completely accurate. Automatic fall detection systems do not sense sliding falls. These disadvantages are also anticipated to hamper growth of the market.
 
This fall detection system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fall detection system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
 
  • Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
 
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
 
  • Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
 
Recent Development
 
In September 2020, Starkey Company released a new update regarding Livio Edge AI’s device for improved control and communication with speech enhancement features and rechargeable BTE. It enables the consumer to connect with a hearing provider by voice connectivity feature. Through this, the company would improve its service.
 
 
Highlights of TOC :
 
 
Chapter 2: Study Assumptions
 
Chapter 3: Scope of the Study
 
Chapter 4: Europe Fall Detection System Market Economic Impact
 
Chapter 5 : Analysis Methodology
 
Chapter 6: Research Phases
 
Chapter 7: Competition by Manufacturers
 
Chapter 8: Current Market Scenario
 
Chapter 9: Value Chain/Supply Chain Analysis
 
Chapter 10: Government Regulations and Initiatives
 
Chapter 11: Production, Revenue (Value) by Region
 
Chapter 12: Supply (Production), Consumption, Export, Import by Regions
 
Chapter 13 : Market Drivers
 
Chapter 14 : Market Restraints/Challenges
 
Chapter 15: Market Opportunities
 
 
Browse Trending Reports:
 
 
 
 
 
 
About Data Bridge Market Research:
 
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
 
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies globally and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
 
Contact Us: -
 
Data Bridge Market Research     
 
US: +1 888 387 2818
 
United Kingdom: +44 208 089 1725
 
Hong Kong: +852 8192 7475
 
Email: – sopan.gedam@databridgemarketresearch.com