Fall Detection System Market

Rising Prevalence of Smartwatches and Other Wearables to Supplement Growth across Fall Detection Systems’ Demand across Japan, Korea, the United States, Germany, the United Kingdom, & 30+ Countries!

Fall Detection System Market By Component, Algorithm, System, Application & Region | Forecast 2022 to 2032

Fall Detection System Market Outlook (2022 to 2032)

The global demand for fall detection systems is projected to grow to almost twice the size of 2022 estimates. Market research reveals that it is likely to grow at a CAGR of 6.0% during the forecast period from 2022 to 2032. Total market valuation could reach US$ 700.0 million by the end of 2032.

As the geriatric population is on rise, hospital systems and numerous healthcare facilities have adopted this system. The growing demand for wearable systems and advancements in sensor technologies are expected to fuel market growth.

Fall detection systems often significantly reduce the time between the incident of a fall and the arrival of medical help. This has the capacity to drastically increase outcomes for patients.

The World Health Organization (WHO) estimates that falls are the second leading cause of accidental or unintentional injury deaths worldwide, with an estimated 646,000 deaths annually. Falls are also a key cause of non-fatal injuries, with an estimated 37.3 million falls requiring medical attention each year. The organization also reports that the risk of falls increases with age, with falls being the leading cause of injury-related deaths among individuals aged 65 and over.

With increasing research & development (R&D) in this sector, these systems can be integrated into smartphones, smartwatches, wearable devices, and home monitoring systems. Fall detection systems use sensors to detect changes in motion, orientation, and acceleration. Upon detection of a fall, the system sends an alert to a monitoring center or caregiver, who can then assess the situation and provide aid if needed.

Fall detection systems can also provide valuable data for healthcare providers and researchers, allowing them to better understand the risk factors for falls and develop more effective prevention strategies. The data collected by these systems can also be used to improve the design and functionality of fall detection systems, making them more accurate and user-friendly.

Its prevalence is seen to be wide in regions with advanced healthcare infrastructure, like Japan and Sweden. However, with decreasing costs due to R&D, growing proliferation is expected over the forecast period.

Attributes	Key Insights
Fall Detection System Market Estimated Size (2022E)	US$ 392 million
Projected Market Valuation (2032F)	US$ 700 million
Value-based CAGR (2022 to 2032)	6.0 %
USA Value-based CAGR (2022 to 2032)	4.8 %

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2017 to 2021 Fall Detection System Sales Outlook Compared to Demand Forecast from 2022 to 2032

As per the Future Market Insights (FMI) report, historically, from 2017 to 2021, the value of the fall detection system industry increased by around 3.3 % CAGR. With an absolute $ opportunity of US$ 308 million during the forecast period, the market is projected to reach a US$ 700 million by 2032.

The prominent factor for this rise is the ageing population. Nearly doubling in valuation by 2032, the market indicates positive trends towards manufacturers and suppliers having a huge opportunity. Rise in diseases like Parkinson’s and Alzheimer’s makes it necessary for manufacturers to look at the mass production of this system and address healthcare concerns.

As compared to the historical estimates, the forecast period predicts a high growth opportunity for this market. The deciding factor for beneficiaries of this trend will be technologically advanced and cost effective products that can be accessible across all economic groups.

As technology is developing at a fast pace, incorporating AI and ML in strategic studies conducted by key players will be of vital help.

Top Fall Detection System Market Trends Listed by Future Market Insights (FMI)

Fall detection systems have proven to be significant in analyzing data and finding patterns that point to a fall. They may also use machine learning algorithms.
Chronic diseases such as Parkinson’s, Dementia, and Alzheimer’s can increase the risk of falling, making fall detection systems an essential part of patient care for this population.
Rising awareness regarding the damage that can be caused due to falls is also projected to increase the demand for fall detection systems during the assessment period.
Dementia, which is a neurological disorder, can trigger falls in the elder population due to the loss of strength and increased problems with mobility.

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Which Region is Projected to Offer Significant Opportunity for Fall Detection System Manufacturers?

North America to Exhibit High Demand for Fall Detection System Technologies by 2032

North America fall detection system market was valued at US$ 158 million in 2021, and US$ 163 million in 2022. The region is projected to have a fall detection system consumer industry worth US$ 292 million in 2032.

The historical CAGR between 2017 and 2021 is 42%. The forecasted CAGR till 2032 is expected to be 41.8%.

Government in North America is increasingly focusing on healthcare and aging-related issues. They are investing in healthcare infrastructure, research, and development of new technologies to address the needs of the geriatric population. Such institutional support is expected to create a favorable environment for the growth of the fall detection system industry in the region.

Around 7.5 million people were suffering from Dementia in the year 2022 in North America. The increasing risk of neurological disorders such as Dementia and Alzheimer with an increase in age, is set to push demand for fall detection systems for better patient monitoring.

Country-wise Insights

How Big is the Opportunity for Fall Detection System Providers in the USA?

Rising Geriatric Population in USA Will Push the Need for Mass Production of Fall Detection System

The fall detection system industry in the USA is expected to grow to be worth US$ 228.2 million by 2032, with an absolute $ growth of US$ 86 million. The fall detection system industry in the USA has grown at a CAGR of 1.8 % from 2017 to 2021, and is expected to grow at a CAGR of 4.8% from 2022 to 2032.

The USA has a rising geriatric population with around 16.9% of the population with ages 65 or older. It is projected that the population in the 65 or older age group will increase to around 20.6% of the population over the forecast period.

With the rising elderly population, the risk of age-related neurological disorders such as Dementia and Alzheimer’s has also increased. There were around 7 million cases diagnosed with dementia in the year 2020 and it is projected to increase to around 9 million cases by 2030.

As Dementia causes loss of strength in the muscles, the risk of having a fall increases, therefore the demand for fall detection systems is projected to increase. This is set to expand the market during the assessment period.

Will the United Kingdom Become a Hotspot for Fall Detection System Providers?

Rising Concerns of Dementia in the United Kingdom to Steer Fall Detection System Demand

The fall detection system industry in the United Kingdom is expected to grow to be worth US$ 33.8 million, with an absolute $ growth of US$ 13.3 million by 2032. The fall detection system market in the United Kingdom has grown at a CAGR of 2.2% from 2017 to 2021. It is further expected to grow at a CAGR of 5.1% over the forecast period.

In the United Kingdom, consumer preferences are also expected to play significant role in driving the demand for fall detection systems.

The population has become health-conscious and, in a move to maintain their independence, they may be more likely to adopt fall detection systems. This improves their safety and reduces the risk of falls. The stigma associated with using assistive technologies will continue to decline, and people may be willing to adopt fall detection systems as part of their daily routine.

There has been a high incidence and occurrence of dementia in the United Kingdom with around 892,000 cases diagnosed in 2018. This is projected to increase to around 1.1 million cases diagnosed by 2030.

Monitoring patients with Dementia is important to provide timely assistance in incidences of chronic illnesses. This is also expected to help the demand for fall detection systems.

How will Demand for Fall Detection System Surge in China?

China to Spearhead the Growth of Fall Detection System Market in East Asia

Sales in China are expected to be worth US$ 60.65 million, with an absolute $ growth of US$ 29.7 million by 2032. The fall detection system industry in China has grown at a CAGR of 4.7% from 2017 to 2021 and is expected to grow at a CAGR of 6.9% from 2022 to 2032.

Amongst all surveyed countries in the global market, China has the predominant CAGR. This is expected to provide a great opportunity for manufacturers.

The elderly population in China has risen significantly in recent years and is predicted to reach around 100 million people over the age of 65 in the next two decades. Currently, around 10 million people are suffering from Alzheimer’s in China.

Alzheimer’s can cause a loss of strength and present problems in motor functions. This increases the risk of a fall, which makes the fall detection system crucial for the care and monitoring of these patients.

These factors will trigger the demand for fall detection systems in China and the market is projected to skyrocket over the forecast years.

Category-wise Insights

Which Component will be the Most Preferred for Fall Detection Systems?

Technology Driven Accelerometers and Gyroscopes to Remain Highly Sought-After

Accelerometers and gyroscopes are projected to witness significant growth as it has grown at a CAGR of 3.2% from 2017 to 2021. This segment is further expected to grow at a CAGR of 5.8% from 2022 to 2032.

Accelerometers and gyroscopes are the key components of this system and are responsible for providing enhanced assistive experience. Both are small and lightweight, making them highly portable.

This portability makes them ideal for use in wearable devices, such as smartwatches and fitness trackers. Such wearables can be worn by users throughout the day. The increasing popularity of wearable devices is also expected to drive the demand for accelerometers and gyroscopes in fall detection systems.

On the technological front, the utilization of accelerometers and gyroscopes in fall detection systems will be driven by advances in materials and manufacturing processes.

New sensors and algorithms are being developed that can enhance the accuracy of fall detection systems to make them more accessible and consumer friendly. This technological innovation is expected to drive the growth of the fall detection system ecosystem, with accelerometers and gyroscopes playing a key role in this growth.

Which System Type Used in Fall Detection Systems is Expected to be Highly Lucrative?

Integration of Wearable Devices among Millennials to Push Fall Detection Systems’ Demand

The wearable systems category using fall detection systems is projected to witness prominent growth as it has grown at a CAGR of 3.1 % from 2017 to 2021. It is likely to surge at a CAGR of 5.6 % through 2032.

Wearable devices such as smartwatches, fitness trackers, and other wearable sensors can detect falls and send an alert to caregivers or emergency services. These devices also assist in monitoring a person’s physical activity and detect changes in their balance, and other mobility metrics. This can provide valuable insights into a person's overall health and wellbeing.

The market demand is on the rise due to high adoption of wearable technology among the elderly population. This is prominently due to rising healthcare costs, and the growing awareness of the benefits of fall detection and prevention.

Numerous recent advancements have been made in the development of new wearable devices. These advancements have led to these systems providing precise and highly accurate data regarding fall detection and prevention. This has helped reduce the incidents of false alarms.

With the rise in the elderly population and the growing incidence of chronic illnesses such as dementia and Alzheimer, the demand for this segment is projected to expand during the assessment period.

Competitive Analysis

Key players are investing heavily in research and development for new and efficient products. The companies are also focusing on product launches and mergers & acquisitions to augment their market positions.

For instance,

In December 2019 - Origin Wireless announced that it has launched its new product offering Origin Health. It is a new wireless AI with WIFI sensing software platform that can enhance the monitoring and well-being of the aging population.
It has an integrated activity monitoring, sleep monitoring, and fall detection system without the need for wearable and intrusive cameras.
In December 2019 - Phillips announced their partnership with Humana to improve care for at-risk Medicare advantage members. This collaboration is aimed at 24/7 access to care by utilizing remote patient monitoring.

Scope of the Report

Attribute	Details
Estimated Market Size (2022)	US$ 392 million
Projected Market Valuation (2032)	US$ 700 million
Value-based CAGR (2022 to 2032)	6%
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	Value (US$ billion)
Key Regions Covered	North America Latin America Europe East Asia South Asia Oceania Middle East and Africa
Key Countries Covered	USA United Kingdom Germany France Spain Italy Japan China Singapore Malaysia Sri Lanka Kingdom of Saudi Arabia United Arab Emirates South Korea Finland Hungary Rest of the World
Key Segments Covered	Component Algorithm System Application Region
Key Companies Profiled	Koninklijke Philips N.V. Connect America, ADT Corporation Tunstall Healthcare Group Ltd. Medical Guardian LLC Bay Alarm Medical, Mobilehelp Mytrex, Inc., Semtech Corporation Alertone Services LLC, Lifefone GreatCall SafeGuardian LLC LifeStation, Inc. Walgreens Company Legrand Electric Ltd Rescue Alert Galaxy Medical Alert Systems
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiativ

Global Fall Detection System Market Outlook by Category

By Component:

Accelerometers and Gyroscopes
Multimodal Sensors
Other Unimodal/Bimodal Sensors

By Algorithm:

Simple Threshold
Machine Learning Methods

By System:

Wearable Systems
In-Home landline Systems
In-Home Cellular systems

By Application:

Senior Citizens - Home
Senior Citizens - Outside
Lone Workers
Hospitals
Nursing Homes
Senior Assisted Living Facilities

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Frequently Asked Questions

What was the global fall detection system industry size for 2021?

The global market size of the fall detection system industry was worth US$ 380 million in 2021.

What value is the fall detection system market estimated to reach in 2022?

The global market size of the fall detection system industry was estimated to witness a market size of US$ 392 million in 2022.

What will be the demand outlook for fall detection system by 2032?

The valuation of the fall detection system in 2032 is expected to be US$ 700 million.

What value CAGR did the fall detection system market exhibit over the last 4 years?

The CAGR growth of the fall detection system industry over the last 4 years is 3.3%.

What is the projected CAGR for the fall detection system industry from 2022 to 2032?

Demand for fall detection system is predicted to surge at a CAGR of 6.0% over the forecast period.

Which system of the fall detection system industry will garner a significant value share by 2022?

The fall detection system industry used in wearable systems will garner a significant value share by 2032.

Table of Content

1. Executive Summary | Fall Detection System Market 

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ Million) Analysis, 2017 to 2021

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2017 to 2021

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2022 to 2032

        5.3.1. Accelerometers & Gyroscopes

        5.3.2. Multimodal Sensors

        5.3.3. Other Unimodal/Bimodal Sensors

    5.4. Y-o-Y Growth Trend Analysis By Component, 2017 to 2021

    5.5. Absolute $ Opportunity Analysis By Component, 2022 to 2032

6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Algorithm

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Algorithm, 2017 to 2021

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Algorithm, 2022 to 2032

        6.3.1. Simple Threshold

        6.3.2. Machine Learning Methods

    6.4. Y-o-Y Growth Trend Analysis By Algorithm, 2017 to 2021

    6.5. Absolute $ Opportunity Analysis By Algorithm, 2022 to 2032

7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By System

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By System, 2017 to 2021

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By System, 2022 to 2032

        7.3.1. Wearable Systems

        7.3.2. In-Home Landline Systems

        7.3.3. In-Home Cellular Systems

    7.4. Y-o-Y Growth Trend Analysis By System, 2017 to 2021

    7.5. Absolute $ Opportunity Analysis By System, 2022 to 2032

8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-User

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) Analysis By End-User, 2017 to 2021

    8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-User, 2022 to 2032

        8.3.1. Senior Citizens – Home

        8.3.2. Senior Citizens – Outside

        8.3.3. Lone Workers

        8.3.4. Hospitals, Nursing Homes, and Senior Assisted Living Facilities

        8.3.5. Others

    8.4. Y-o-Y Growth Trend Analysis By End-User, 2017 to 2021

    8.5. Absolute $ Opportunity Analysis By End-User, 2022 to 2032

9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region

    9.1. Introduction

    9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2017 to 2021

    9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2022 to 2032

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. Asia Pacific

        9.3.5. Middle East and Africa

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        10.2.1. By Country

            10.2.1.1. The United States

            10.2.1.2. Canada

        10.2.2. By Component

        10.2.3. By Algorithm

        10.2.4. By System

        10.2.5. By End-User

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Component

        10.3.3. By Algorithm

        10.3.4. By System

        10.3.5. By End-User

    10.4. Key Takeaways

11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        11.2.1. By Country

            11.2.1.1. Brazil

            11.2.1.2. Mexico

            11.2.1.3. Rest of Latin America

        11.2.2. By Component

        11.2.3. By Algorithm

        11.2.4. By System

        11.2.5. By End-User

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Component

        11.3.3. By Algorithm

        11.3.4. By System

        11.3.5. By End-User

    11.4. Key Takeaways

12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        12.2.1. By Country

            12.2.1.1. Germany

            12.2.1.2. The United Kingdom

            12.2.1.3. France

            12.2.1.4. Spain

            12.2.1.5. Italy

            12.2.1.6. Rest of Europe

        12.2.2. By Component

        12.2.3. By Algorithm

        12.2.4. By System

        12.2.5. By End-User

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Component

        12.3.3. By Algorithm

        12.3.4. By System

        12.3.5. By End-User

    12.4. Key Takeaways

13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

            13.2.1.4. Singapore

            13.2.1.5. Thailand

            13.2.1.6. Indonesia

            13.2.1.7. Australia

            13.2.1.8. New Zealand

            13.2.1.9. Rest of Asia Pacific

        13.2.2. By Component

        13.2.3. By Algorithm

        13.2.4. By System

        13.2.5. By End-User

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Component

        13.3.3. By Algorithm

        13.3.4. By System

        13.3.5. By End-User

    13.4. Key Takeaways

14. Middle East and AfricaMiddle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032

        14.2.1. By Country

            14.2.1.1. Gulf Cooperation Council Countries

            14.2.1.2. South Africa

            14.2.1.3. Israel

            14.2.1.4. Rest of Middle East and Africa

        14.2.2. By Component

        14.2.3. By Algorithm

        14.2.4. By System

        14.2.5. By End-User

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Component

        14.3.3. By Algorithm

        14.3.4. By System

        14.3.5. By End-User

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. The United States

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2021

            15.1.2.1. By Component

            15.1.2.2. By Algorithm

            15.1.2.3. By System

            15.1.2.4. By End-User

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2021

            15.2.2.1. By Component

            15.2.2.2. By Algorithm

            15.2.2.3. By System

            15.2.2.4. By End-User

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2021

            15.3.2.1. By Component

            15.3.2.2. By Algorithm

            15.3.2.3. By System

            15.3.2.4. By End-User

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2021

            15.4.2.1. By Component

            15.4.2.2. By Algorithm

            15.4.2.3. By System

            15.4.2.4. By End-User

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2021

            15.5.2.1. By Component

            15.5.2.2. By Algorithm

            15.5.2.3. By System

            15.5.2.4. By End-User

    15.6. The United Kingdom

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2021

            15.6.2.1. By Component

            15.6.2.2. By Algorithm

            15.6.2.3. By System

            15.6.2.4. By End-User

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2021

            15.7.2.1. By Component

            15.7.2.2. By Algorithm

            15.7.2.3. By System

            15.7.2.4. By End-User

    15.8. Spain

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2021

            15.8.2.1. By Component

            15.8.2.2. By Algorithm

            15.8.2.3. By System

            15.8.2.4. By End-User

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2021

            15.9.2.1. By Component

            15.9.2.2. By Algorithm

            15.9.2.3. By System

            15.9.2.4. By End-User

    15.10. China

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2021

            15.10.2.1. By Component

            15.10.2.2. By Algorithm

            15.10.2.3. By System

            15.10.2.4. By End-User

    15.11. Japan

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2021

            15.11.2.1. By Component

            15.11.2.2. By Algorithm

            15.11.2.3. By System

            15.11.2.4. By End-User

    15.12. South Korea

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2021

            15.12.2.1. By Component

            15.12.2.2. By Algorithm

            15.12.2.3. By System

            15.12.2.4. By End-User

    15.13. Singapore

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2021

            15.13.2.1. By Component

            15.13.2.2. By Algorithm

            15.13.2.3. By System

            15.13.2.4. By End-User

    15.14. Thailand

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2021

            15.14.2.1. By Component

            15.14.2.2. By Algorithm

            15.14.2.3. By System

            15.14.2.4. By End-User

    15.15. Indonesia

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2021

            15.15.2.1. By Component

            15.15.2.2. By Algorithm

            15.15.2.3. By System

            15.15.2.4. By End-User

    15.16. Australia

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2021

            15.16.2.1. By Component

            15.16.2.2. By Algorithm

            15.16.2.3. By System

            15.16.2.4. By End-User

    15.17. New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2021

            15.17.2.1. By Component

            15.17.2.2. By Algorithm

            15.17.2.3. By System

            15.17.2.4. By End-User

    15.18. Gulf Cooperation Council Countries

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2021

            15.18.2.1. By Component

            15.18.2.2. By Algorithm

            15.18.2.3. By System

            15.18.2.4. By End-User

    15.19. South Africa

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2021

            15.19.2.1. By Component

            15.19.2.2. By Algorithm

            15.19.2.3. By System

            15.19.2.4. By End-User

    15.20. Israel

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2021

            15.20.2.1. By Component

            15.20.2.2. By Algorithm

            15.20.2.3. By System

            15.20.2.4. By End-User

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Component

        16.3.3. By Algorithm

        16.3.4. By System

        16.3.5. By End-User

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Koninklijke Philips N.V.

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

        17.1.2. Connect America

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

        17.1.3. ADT Corporation

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

        17.1.4. Tunstall Healthcare Group Ltd.

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

        17.1.5. Medical Guardian LLC

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

        17.1.6. Bay Alarm Medical

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

        17.1.7. Mobilehelp

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

        17.1.8. Mytrex, Inc.

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

        17.1.9. Semtech Corporation

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

        17.1.10. Alertone Services LLC,

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

        17.1.11. Lifefone

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

        17.1.12. GreatCall

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

        17.1.13. SafeGuardian LLC

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

        17.1.14. LifeStation, Inc.

            17.1.14.1. Overview

            17.1.14.2. Product Portfolio

            17.1.14.3. Profitability by Market Segments

            17.1.14.4. Sales Footprint

            17.1.14.5. Strategy Overview

                17.1.14.5.1. Marketing Strategy

        17.1.15. Walgreens Company

            17.1.15.1. Overview

            17.1.15.2. Product Portfolio

            17.1.15.3. Profitability by Market Segments

            17.1.15.4. Sales Footprint

            17.1.15.5. Strategy Overview

                17.1.15.5.1. Marketing Strategy

        17.1.16. Legrand Electric Ltd

            17.1.16.1. Overview

            17.1.16.2. Product Portfolio

            17.1.16.3. Profitability by Market Segments

            17.1.16.4. Sales Footprint

            17.1.16.5. Strategy Overview

                17.1.16.5.1. Marketing Strategy

        17.1.17. Rescue Alert

            17.1.17.1. Overview

            17.1.17.2. Product Portfolio

            17.1.17.3. Profitability by Market Segments

            17.1.17.4. Sales Footprint

            17.1.17.5. Strategy Overview

                17.1.17.5.1. Marketing Strategy

        17.1.18. Galaxy Medical Alert Systems

            17.1.18.1. Overview

            17.1.18.2. Product Portfolio

            17.1.18.3. Profitability by Market Segments

            17.1.18.4. Sales Footprint

            17.1.18.5. Strategy Overview

                17.1.18.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032

Table 2: Global Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 3: Global Market Value (US$ Million) Forecast by Algorithm, 2017 to 2032

Table 4: Global Market Value (US$ Million) Forecast by System, 2017 to 2032

Table 5: Global Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 6: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 7: North America Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 8: North America Market Value (US$ Million) Forecast by Algorithm, 2017 to 2032

Table 9: North America Market Value (US$ Million) Forecast by System, 2017 to 2032

Table 10: North America Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 11: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 12: Latin America Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 13: Latin America Market Value (US$ Million) Forecast by Algorithm, 2017 to 2032

Table 14: Latin America Market Value (US$ Million) Forecast by System, 2017 to 2032

Table 15: Latin America Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 16: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 17: Europe Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 18: Europe Market Value (US$ Million) Forecast by Algorithm, 2017 to 2032

Table 19: Europe Market Value (US$ Million) Forecast by System, 2017 to 2032

Table 20: Europe Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 21: Asia Pacific Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 22: Asia Pacific Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 23: Asia Pacific Market Value (US$ Million) Forecast by Algorithm, 2017 to 2032

Table 24: Asia Pacific Market Value (US$ Million) Forecast by System, 2017 to 2032

Table 25: Asia Pacific Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 26: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 27: Middle East and Africa Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 28: Middle East and Africa Market Value (US$ Million) Forecast by Algorithm, 2017 to 2032

Table 29: Middle East and Africa Market Value (US$ Million) Forecast by System, 2017 to 2032

Table 30: Middle East and Africa Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Sudip Saha

Principal Consultant

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List of Charts

Figure 1: Global Market Value (US$ Million) by Component, 2022 to 2032

Figure 2: Global Market Value (US$ Million) by Algorithm, 2022 to 2032

Figure 3: Global Market Value (US$ Million) by System, 2022 to 2032

Figure 4: Global Market Value (US$ Million) by End-User, 2022 to 2032

Figure 5: Global Market Value (US$ Million) by Region, 2022 to 2032

Figure 6: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 9: Global Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 10: Global Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 11: Global Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 12: Global Market Value (US$ Million) Analysis by Algorithm, 2017 to 2032

Figure 13: Global Market Value Share (%) and BPS Analysis by Algorithm, 2022 to 2032

Figure 14: Global Market Y-o-Y Growth (%) Projections by Algorithm, 2022 to 2032

Figure 15: Global Market Value (US$ Million) Analysis by System, 2017 to 2032

Figure 16: Global Market Value Share (%) and BPS Analysis by System, 2022 to 2032

Figure 17: Global Market Y-o-Y Growth (%) Projections by System, 2022 to 2032

Figure 18: Global Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 19: Global Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 20: Global Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 21: Global Market Attractiveness by Component, 2022 to 2032

Figure 22: Global Market Attractiveness by Algorithm, 2022 to 2032

Figure 23: Global Market Attractiveness by System, 2022 to 2032

Figure 24: Global Market Attractiveness by End-User, 2022 to 2032

Figure 25: Global Market Attractiveness by Region, 2022 to 2032

Figure 26: North America Market Value (US$ Million) by Component, 2022 to 2032

Figure 27: North America Market Value (US$ Million) by Algorithm, 2022 to 2032

Figure 28: North America Market Value (US$ Million) by System, 2022 to 2032

Figure 29: North America Market Value (US$ Million) by End-User, 2022 to 2032

Figure 30: North America Market Value (US$ Million) by Country, 2022 to 2032

Figure 31: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 32: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 33: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 34: North America Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 35: North America Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 36: North America Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 37: North America Market Value (US$ Million) Analysis by Algorithm, 2017 to 2032

Figure 38: North America Market Value Share (%) and BPS Analysis by Algorithm, 2022 to 2032

Figure 39: North America Market Y-o-Y Growth (%) Projections by Algorithm, 2022 to 2032

Figure 40: North America Market Value (US$ Million) Analysis by System, 2017 to 2032

Figure 41: North America Market Value Share (%) and BPS Analysis by System, 2022 to 2032

Figure 42: North America Market Y-o-Y Growth (%) Projections by System, 2022 to 2032

Figure 43: North America Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 44: North America Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 45: North America Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 46: North America Market Attractiveness by Component, 2022 to 2032

Figure 47: North America Market Attractiveness by Algorithm, 2022 to 2032

Figure 48: North America Market Attractiveness by System, 2022 to 2032

Figure 49: North America Market Attractiveness by End-User, 2022 to 2032

Figure 50: North America Market Attractiveness by Country, 2022 to 2032

Figure 51: Latin America Market Value (US$ Million) by Component, 2022 to 2032

Figure 52: Latin America Market Value (US$ Million) by Algorithm, 2022 to 2032

Figure 53: Latin America Market Value (US$ Million) by System, 2022 to 2032

Figure 54: Latin America Market Value (US$ Million) by End-User, 2022 to 2032

Figure 55: Latin America Market Value (US$ Million) by Country, 2022 to 2032

Figure 56: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 57: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 58: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 59: Latin America Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 60: Latin America Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 61: Latin America Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 62: Latin America Market Value (US$ Million) Analysis by Algorithm, 2017 to 2032

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Algorithm, 2022 to 2032

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Algorithm, 2022 to 2032

Figure 65: Latin America Market Value (US$ Million) Analysis by System, 2017 to 2032

Figure 66: Latin America Market Value Share (%) and BPS Analysis by System, 2022 to 2032

Figure 67: Latin America Market Y-o-Y Growth (%) Projections by System, 2022 to 2032

Figure 68: Latin America Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 69: Latin America Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 70: Latin America Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 71: Latin America Market Attractiveness by Component, 2022 to 2032

Figure 72: Latin America Market Attractiveness by Algorithm, 2022 to 2032

Figure 73: Latin America Market Attractiveness by System, 2022 to 2032

Figure 74: Latin America Market Attractiveness by End-User, 2022 to 2032

Figure 75: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 76: Europe Market Value (US$ Million) by Component, 2022 to 2032

Figure 77: Europe Market Value (US$ Million) by Algorithm, 2022 to 2032

Figure 78: Europe Market Value (US$ Million) by System, 2022 to 2032

Figure 79: Europe Market Value (US$ Million) by End-User, 2022 to 2032

Figure 80: Europe Market Value (US$ Million) by Country, 2022 to 2032

Figure 81: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 82: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 83: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 84: Europe Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 85: Europe Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 86: Europe Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 87: Europe Market Value (US$ Million) Analysis by Algorithm, 2017 to 2032

Figure 88: Europe Market Value Share (%) and BPS Analysis by Algorithm, 2022 to 2032

Figure 89: Europe Market Y-o-Y Growth (%) Projections by Algorithm, 2022 to 2032

Figure 90: Europe Market Value (US$ Million) Analysis by System, 2017 to 2032

Figure 91: Europe Market Value Share (%) and BPS Analysis by System , 2022 to 2032

Figure 92: Europe Market Y-o-Y Growth (%) Projections by System, 2022 to 2032

Figure 93: Europe Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 94: Europe Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 95: Europe Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 96: Europe Market Attractiveness by Component, 2022 to 2032

Figure 97: Europe Market Attractiveness by Algorithm, 2022 to 2032

Figure 98: Europe Market Attractiveness by System, 2022 to 2032

Figure 99: Europe Market Attractiveness by End-User, 2022 to 2032

Figure 100: Europe Market Attractiveness by Country, 2022 to 2032

Figure 101: Asia Pacific Market Value (US$ Million) by Component, 2022 to 2032

Figure 102: Asia Pacific Market Value (US$ Million) by Algorithm, 2022 to 2032

Figure 103: Asia Pacific Market Value (US$ Million) by System, 2022 to 2032

Figure 104: Asia Pacific Market Value (US$ Million) by End-User, 2022 to 2032

Figure 105: Asia Pacific Market Value (US$ Million) by Country, 2022 to 2032

Figure 106: Asia Pacific Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 110: Asia Pacific Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 111: Asia Pacific Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 112: Asia Pacific Market Value (US$ Million) Analysis by Algorithm, 2017 to 2032

Figure 113: Asia Pacific Market Value Share (%) and BPS Analysis by Algorithm, 2022 to 2032

Figure 114: Asia Pacific Market Y-o-Y Growth (%) Projections by Algorithm, 2022 to 2032

Figure 115: Asia Pacific Market Value (US$ Million) Analysis by System , 2017 to 2032

Figure 116: Asia Pacific Market Value Share (%) and BPS Analysis by System , 2022 to 2032

Figure 117: Asia Pacific Market Y-o-Y Growth (%) Projections by System , 2022 to 2032

Figure 118: Asia Pacific Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 119: Asia Pacific Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 120: Asia Pacific Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 121: Asia Pacific Market Attractiveness by Component, 2022 to 2032

Figure 122: Asia Pacific Market Attractiveness by Algorithm, 2022 to 2032

Figure 123: Asia Pacific Market Attractiveness by System , 2022 to 2032

Figure 124: Asia Pacific Market Attractiveness by End-User, 2022 to 2032

Figure 125: Asia Pacific Market Attractiveness by Country, 2022 to 2032

Figure 126: Middle East and Africa Market Value (US$ Million) by Component, 2022 to 2032

Figure 127: Middle East and Africa Market Value (US$ Million) by Algorithm, 2022 to 2032

Figure 128: Middle East and Africa Market Value (US$ Million) by System , 2022 to 2032

Figure 129: Middle East and Africa Market Value (US$ Million) by End-User, 2022 to 2032

Figure 130: Middle East and Africa Market Value (US$ Million) by Country, 2022 to 2032

Figure 131: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 135: Middle East and Africa Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 136: Middle East and Africa Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 137: Middle East and Africa Market Value (US$ Million) Analysis by Algorithm, 2017 to 2032

Figure 138: Middle East and Africa Market Value Share (%) and BPS Analysis by Algorithm, 2022 to 2032

Figure 139: Middle East and Africa Market Y-o-Y Growth (%) Projections by Algorithm, 2022 to 2032

Figure 140: Middle East and Africa Market Value (US$ Million) Analysis by System, 2017 to 2032

Figure 141: Middle East and Africa Market Value Share (%) and BPS Analysis by System, 2022 to 2032

Figure 142: Middle East and Africa Market Y-o-Y Growth (%) Projections by System, 2022 to 2032

Figure 143: Middle East and Africa Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 144: Middle East and Africa Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 145: Middle East and Africa Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 146: Middle East and Africa Market Attractiveness by Component, 2022 to 2032

Figure 147: Middle East and Africa Market Attractiveness by Algorithm, 2022 to 2032

Figure 148: Middle East and Africa Market Attractiveness by System, 2022 to 2032

Figure 149: Middle East and Africa Market Attractiveness by End-User, 2022 to 2032

Figure 150: Middle East and Africa Market Attractiveness by Country, 2022 to 2032