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Europe Fall Detection System Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Nov 2022
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Semiconductors and Electronics
  • Upcoming Report
  • Nov 2022
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Europe Fall detection system Market, By Sensing Modalities (Wearable, Non Wearable), Technology (GPS System, Mobile Phones and Sensors), Product Type (Automatic Fall Detection System, Manual Fall Detection System), Algorithm (Simple Threshold, Machine Learning), Component (Accelerometers and Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), System (Wearable Systems, Non-Wearable Systems, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others) – Industry Trends and Forecast to 2030.

Europe Fall Detection System Market

 Europe Fall Detection System Market Analysis and Size

With the upcoming ageing population, the requirement for medical care and long-term care will become increasingly important. The falling problem in the house becomes a substantial issue among aging people. The fall detection system can allow a falling incident to the contact person such that this incident can be conveyed to the ambulance department soonest possible and to deliver important medical treatments for the injured elderly. Accelerometers and gyroscopes is the fastest-growing component segment because these are commonly used components in the fall detection.

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. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Europe Fall Detection System Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Sensing Modalities (Wearable, Non Wearable), Technology (GPS System, Mobile Phones and Sensors), Product Type (Automatic Fall Detection System, Manual Fall Detection System), Algorithm (Simple Threshold, Machine Learning), Component (Accelerometers and Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), System (Wearable Systems, Non-Wearable Systems, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

Market Players Covered

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 (US), 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), and MobileHelp (U.S.)

Market Opportunities

  • Key players offering smartwatches with fall detection
  • Increase in the rate of geriatric population across the globe
  • Rise in the prevalence of various chronic diseases

Market Definition

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.

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.

Europe Fall Detection System Market Scope

The fall detection system market is segmented on the basis of sensing modalities, technology, product type, algorithm, component, system and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Sensing Modalities

  • Wearable
  • Watches
  •  Necklace
  •  Clip to Garment
  • Non Wearable
  • Floor Sensors
  • Wall Sensors
  • Cameras

 Technology

  • GPS System
  • Mobile Phones
  • Sensors

Product Type

  • Automatic Fall Detection System
  • Manual Fall Detection System

Algorithm

Component

  • Accelerometers and Gyroscopes
  • Unimodal/Bimodal Sensors
  • Multimodal Sensors

System

  • Wearable Systems
  • Non-Wearable Systems
  • In-Home Landline System
  • In-Home Cellular Systems

End-User

  • Home Care Settings
  • Hospitals and Senior Assisted Living Facilities
  • Lone Workers
  • Others

 Fall Detection System Market Regional Analysis/Insights

The fall detection system market is analyzed and market size insights and trends are provided by country, sensing modalities, technology, product type, algorithm, component, system and end-user as referenced above.

The countries covered in the fall detection system market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Germany is dominating the Europe fall detection system market region followed by France and U.K. fall detection system market owing to awareness and major consumption in these countries. Fall detection segment is dominating in Germany due to the strong supporting healthcare infrastructure for aging peoples. Moreover, the fall detection segment dominates in the U.K. due to the increasing adoption of smart wearable products for health monitoring. Also, fall detection system market is dominating in France owing to increasing geriatric population.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Fall Detection System Market Share Analysis

The fall detection system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fall detection system market.

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.)

 Research Methodology: Europe Fall Detection System Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated 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 drop down your inquiry.

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, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report. 


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Frequently Asked Questions

The Europe Fall Detection System Market is projected to grow at a CAGR of 5.90% during the forecast period by 2030.
The future market value of the Europe Fall Detection System Market is expected to reach USD 203.32 million by 2030.
The major players in the Europe 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 (US), LifeFone Medical Alert Services (U.S.), etc.
The countries covered in the Europe Fall Detection System Market are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
The market value for fall detection system market in 2022 is USD 128.53 million.