Fall Detection and Prevention System Market

With the critical role of modern, advanced, and innovative fall detection and prevention solutions today, partnering with a reliable platform provider is an essential factor to consider when adopting new devices. In addition, the provider can seamlessly integrate the various systems to work in tandem. Skyresponse provides alarm and event management services, primarily in personal care, including elderly care and personal safety.

The cloud-based platform of Skyresponse is also secure and built with the modern and innovative technology in mind to ensure top quality and scalability. Furthermore, the platform is future-proof, allowing new and upcoming fall detection devices and alarms to integrate easily with an existing system, thereby strengthening the ecosystem.

The fall detection and prevention system market is classified into passive and active. Sensors, cameras, and other devices that respond to movement or impact comprise an active fall detection and prevention system. Conversely, only sensors are included in a passive fall detection and prevention system.

Due to rising healthcare spending in the region, Asia Pacific is expected to grow at a rapid CAGR from 2018 to 2031. Europe is also expected to grow due to increased awareness about the safety risks associated with falls among people aged 65 and up. Latin America is expected to grow significantly as people over 50 become more aware of the health risks associated with falls.

By end user, the fall detection and prevention systems market is divided into residential buildings, industrial buildings, retail stores, transportation infrastructures like bridges and tunnels, schools and hospitals, and others like government agencies.

Because older people fall down more often, residential buildings are likely to be big players in the fall detection and prevention systems market.

Some of the market's leading players include Agni Systems, Inc. (US), BAE Systems plc (UK), Honeywell International Inc. (US), Panasonic Corporation (Japan), Siemens AG (Germany), and Valeo SA (France).