Koninklijke Philips N.V., Axis Communications AB and Starkey are Dominating the Europe Fall Detection System Market in 2019

Europe Fall Detection System Market is expected to grow with the CAGR of 5.4% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe fall detection system market is a highly consolidated market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe fall detection system market are introducing wide range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio and business expansions. For instance, In April, 2019, Vitalbase company introduced new device for the fall detection market. Ikarya Watch device for seniors is introduced to the market for smart care application. It detect the heavy falls if happens and provides alert to the respective care unit or person. Company increased their presence and product offering for European market through this new launch.

Koninklijke Philips N.V. is the dominating player in Europe fall detection system market. The other key players existing in the market includes Apple Inc., Semtech Corporation, , Tunstall Group, SmartPeep, Axis Communications AB (A subsidiary of Canon Group), Starkey, Sense4Care sl, MariCare, pikkerton GmbH, Essence Group, ITS Designs Ltd, PPP Taking Care Ltd (A subsidiary of AXA), Adveez, Skyguard Ltd T/A Peoplesafe and Vitalbase among others.

 Europe Fall Detection System Market Koninklijke Philips N.V.

Koninklijke Philips N.V. is headquartered in Amsterdam, Netherlands and was founded in year 1891. The company offers the advanced technology for home care, healthy living and prevention, treatment and other applications. The company offers wide range of product categories such as for consumers and for professionals among which for consumers is market focused category. Company operates their business through diagnosis & treatment, connected care, personal health, other segment in which connected care is market related business segment.

  • In November 2016, Koninklijke Philips N.V., company has expanded their business for Europe market by introducing the smart care solution for the market. The company introduced new HomeSafe product under the population health management portfolio. Through this expansion, the company has enhanced their presence and sale for the U.K. market

The company has wide global presence across Americas, Europe, Asia-Pacific, Middle East & Africa. Company also generates revenue through the subsidiaries such as Philips GmbH (Germany), Philips Japan, Ltd. (Japan), Philips Electronics Nederland B.V. (Netherlands), Philips Consumer Lifestyle B.V. (Netherlands), Philips Ultrasound, Inc. (U.S.) and others.

Axis Communications AB

Axis Communications AB is headquartered in Lund, Sweden was founded in 1984. The company offers the audio and video network solution, access control solution and analytics solutions to improve efficiency and information access. The company offers wide range of product categories such as network cameras, network video recorders, network audio systems, accessories, system devices, video management software, analytics & other applications, access control, wearables among which network cameras is market focused category.

  • In June 2020, Axis Communications AB (A Subsidiary of Canon Group), the company has introduced new upgrade for the thermal cameras product at affordable price to increase the penetration in small and medium sized business customer base. Cameras have the features such as fall detection, vehicles, people, or animals’ detection, alarm for suspicious activities and others.

The company has wide presence across Americas, Europe, Asia-Pacific, Middle East and Africa and generates revenue from subsidiaries such as Axis AB (U.S.), Axis Communications Inc (U.S.).

Starkey

Starkey headquartered in Minnesota, U.S. was incorporated in 1967. The company offers the advanced hearing aid products to enhance the customers hearing experience. The company offers wide product range such as hearing aids, rechargeable, apps, accessories, batteries among which hearing aids is focused product category.

  • In September 2020, Starkey company introduced product enhancement in Livio Edge AI’s device offering. New enhanced the control and communication is offered in the devices such as voice control feature and rechargeable BTE. The customers are able to connect hearing provider with enhanced connectivity feature.

The company has presence across the globe in North America, Europe, Asia-Pacific, Middle East and Africa, South America. The company also generates revenue through subsidiaries such as Starkey Labs-Canada Co. (Canada), Entermed Audiologie, B.V. (Netherlands), Starkey SA (Italy), Campbell Hearing Aids Ltd. (Canada), Audibel Electronics (U.S.).