Europe Fall Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Sensor Pads, Floor Mats, and RFID Tags) and End User (Hospitals and Clinics, Nursing Homes, and Others)

Europe Fall Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Sensor Pads, Floor Mats, and RFID Tags) and End User (Hospitals and Clinics, Nursing Homes, and Others)

The Europe fall management market is expected to reach US$ 63.95 million by 2028 from US$ 48.39 million in 2021. The market is estimated to grow at a CAGR of 4.1% from 2021 to 2028.

With the elevating number of cases of falls in regions such as, companies in the fall management market have started to strategize their growth around these regions. Recently, deep learning has showcased promising performance in fall detection applications, with the use of conventional cameras. Companies such as Koninklijke Philips N.V., Lifefone, Connect America, Alert One Services LLC, ADT Corporation, and Tunstall Healthcare Group Ltd. are expected to expand their presence in developing countries in the future through mergers and acquisitions, and strategic partnerships.

Stanley Healthcare, with its established manufacturing plant in Singapore, is planning to implement its research and development activities in the country to strengthen its business capabilities. In addition, tie-ups with government and local bodies to promote fall detection systems will create growth opportunities for the fall management market players. The sales of fall management systems are expected to rise in emerging markets in the coming years with increasing awareness and training initiatives. Also, the demand for sensor pads is expected to surge, owing to the rising number of patients approaching healthcare providers for the treatment of diseases such as Alzheimer’s and epilepsy. Elevating national healthcare expenditures, increasing access to healthcare, and improving economics may lead to further innovations in fall detection systems and techniques in the markets that are in the primary stage of development.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the fall management market. The Europe fall management market is expected to grow at a good CAGR during the forecast period.

Europe Fall Management Market Revenue and Forecast to 2028 (US$ Million)

Europe Fall Management Market Segmentation

By Product

Sensor Pads Floor Mat RFID Tags

By End User

Hospitals and Clinics Nursing Homes Others

By Country

Germany UK France Italy Spain Rest of Europe

Companies Mentioned

Medline Industries, Inc Stanley Black & Decker, Inc. De Royal Industries, Inc. Emfit Ltd Personal Safety Corporation Rondish Company Limited. TIDI Products, LLC

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