Europe Fall Detection System Market is Expected to Grow with a CAGR of 5.4% in the Forecast Period of 2020 to 2027

Europe Fall Detection System Market is growing with factors such as increasing demand for health monitoring devices among consumers to maintain or to adopt the healthy lifestyle. In addition, enhanced spending capacity of European consumers owing to the increased disposable income is augmenting the market growth.

Fall detection system market has shown an exceptional penetration in Europe. Growing inclination towards smart wearable’s devices has boosted e-commerce. In countries like Germany, France, U.K. and others increasing buying capacity is creating opportunity for the fall detection system market.

Fall Detection System Market Scenario

According to Data Bridge Market Research market leader is Koninklijke Philips N.V. which accounts an estimated market share around 20% to 30% in Europe. The company has gained outstanding sale through their wide presence. Koninklijke Philips N.V. is a provider of specialty homecare monitoring solution for personal care application. Market is witnessing continuous launch of new products which is supporting the market growth.

For instance,

  • In November 2016, Koninklijke Philips N.V., company has expanded their business with introduction of HomeSafe for the Europe market. New product under the population health management portfolio offers enhanced care for elderly peoples living at home. Company has increased their presence and sale in the U.K. market.

 Europe Fall Detection System Market Trends Impacting the Market

Now the question is which other countries Koninklijke Philips N.V., Axis Communications AB and Starkey are targeting? Data Bridge market research has forecast a large growth in Germany fall detection system market and the market leaders are targeting U.K. and France to be their next revenue pockets for 2020.

The fall detection system market is becoming more competitive every year with companies such as Koninklijke Philips N.V., Axis Communications AB and Starkey as they are the market leaders for fall detection system. The research for markets new reports highlights the major growth factors and opportunities in the fall detection system market.

For more analysis on the Europe fall detection system market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-fall-detection-system-market

Scope of the Fall Detection System Market

Country based analysis of fall detection system market is further analyzed based on further segmentation. On the basis of product type, Europe fall detection system market has been segmented into automatic fall detection system and manual fall detection system. On the basis of algorithm, Europe fall detection system market has been segmented into simple threshold and machine learning. On the basis of technology, Europe fall detection system market has been segmented into wearable-based, audio-based and video-based. On the basis of component, Europe fall detection system market has been segmented into accelerometers & gyroscopes, unimodal/bimodal sensors and multimodal sensors. On the basis of system, Europe fall detection system market has been segmented into wearable systems, non-wearable systems, in-home landline system and in-home cellular systems. On the basis of end user, Europe fall detection system market has been segmented into home care settings, hospitals and senior assisted living facilities, lone workers and others.

To know more about the study https://www.databridgemarketresearch.com/reports/europe-fall-detection-system-market

Key Pointers Covered in Fall Detection System Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Regulatory Framework
  • Production and Consumption Pattern
  • Import & Export Analysis
  • Recent Developments for Market Competitors
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Koninklijke Philips N.V.
  • Axis Communications AB (Part of Canon Group)
  • Starkey
  • Skyguard Ltd T/A Peoplesafe
  • Apple Inc.
  • Adveez
  • Essence Group
  • ITS Designs Ltd
  • MariCare
  • pikkerton GmbH
  • PPP Taking Care Ltd (part of AXA PPP healthcare group)
  • Semtech Corporation
  • Sense4Care sl
  • SmartPeep
  • Tunstall Group
  • Vitalbase

Above are the key players covered in the report, to know about more and exhaustive list of fall detection system companies, contact us: https://www.databridgemarketresearch.com/toc/?dbmr=europe-fall-detection-system-market

Research Methodology: Europe Fall Detection System Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Hospitals, Elderly Care facilities, Lone workers, Smart Homes and others.
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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