Tuesday, 02 January 2024 12:17 GMT

Global Elderly Fall Prevention Market Size And Market Share By Players (2023-2033)


(MENAFN- Ameliorate Digital Consultancy) The elderly fall prevention market is a rapidly growing sector of the healthcare industry, driven by the increasing incidence of falls and fall-related injuries among the elderly population. Falls are a significant cause of injury, disability, and even death among older adults, and the need for effective fall prevention solutions is more crucial than ever.

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The market for elderly fall prevention products and services is driven by several factors, including the increasing aging population, the growing awareness of fall prevention among healthcare professionals and caregivers, and advances in technology. In addition, government initiatives to reduce the incidence of falls in the elderly population are contributing to the growth of the market.

The elderly fall prevention market is highly competitive, with several global and regional players operating in the space. Companies invest heavily in research and development to create new and innovative fall prevention solutions that provide better outcomes for patients and reduce the overall cost of healthcare.

Companies

  • Koninklijke Philips N.V.
  • Tunstall
  • ADT Inc.
  • Medical Guardian LLC.
  • BioTelemetry, Inc.
  • Bay Alarm Company
  • MobileHelp
  • MariCare Oy

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Elderly fall prevention products and services come in a variety of types, including personal emergency response systems, fall detection devices, mobility aids, medication management systems, and home modifications. Personal emergency response systems are wearable devices that allow seniors to quickly and easily call for help in case of a fall or other emergency. Fall detection devices are also wearable devices that can detect falls and automatically alert caregivers or emergency responders. Mobility aids, such as canes and walkers, provide support and stability for elderly individuals with mobility issues. Medication management systems help seniors manage their medications, ensuring they take the right doses at the right times. Home modifications, such as grab bars and non-slip mats, can help prevent falls in the home.

The elderly fall prevention market is also segmented by end-users, including hospitals, nursing homes, assisted living facilities, and home healthcare settings. Nursing homes and assisted living facilities are the largest end-user segments of the market, due to the high number of elderly residents with a higher risk of falls.

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Elderly Fall Prevention Market Categorization

Elderly Fall Prevention Market by By Product Type

  • Automatic Elderly Fall Prevention
  • Manual Elderly Fall Prevention

Elderly Fall Prevention Market By Technology

  • GPS-based
  • Mobile Phone-based
  • Sensor-based

Elderly Fall Prevention Market By Sensing Method

  • Wearable
    • Watches
    • Necklaces
    • Clip-to-Garments
  • Non-Wearable
    • Floor Sensors
    • Wall Sensors

Elderly Fall Prevention Market By End User

  • Home Care Settings
  • Assisted Living Facilities

Elderly Fall Prevention Market by Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)

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