South and Central America Fall Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Sensor Pads, Floor Mats, and RFID Tags) , End User (Hospitals and Clinics, Nursing Homes, and Others).
The South and Central America fall management market is expected to reach US$ 12.47 million by 2028 from US$ 9.85 million in 2021. The market is estimated to grow at a CAGR of 3.4% from 2021–2028.
In February 2021, Ali Med Inc. announced the launch of Ali Med ONE Wireless Fall Monitoring System, a completely wireless system that operates on a single central alarm base; the product can easily manage up to six compatible wireless monitoring devices. It enables fall alert and provides complete room fall coverage at an economical price. In December 2021, Amazon announced partnerships with Vayyar and Assistive Technology Service (ATS), fall detection technology providers, for adding a fall detection feature on its Alexa Together subscription. This partnership between the companies will add fall detection feature to the Alexa Together subscription where in the Vayyar wall-mounted sensor or the ATS Sky Angel Care fall detection pendant can notify a fall and Alexa can call urgent response services and family members when necessary. Essence Smart Care Ltd. developed a pioneering multi-sensing fall detector by using the mm Wave sensors provided by Texas Instruments. The product's unique monitoring capability enables elderly people to lead independent and safer lives. This advanced technology was recognized as Io T Health & Wellness Safety Solution of the Year as part of the Io T Breakthrough Awards 2020. The company’s new fall detector is a battery-operated wireless radar-based system, which provides accurate fall verification notifications to healthcare providers as soon as the patients fall. Thus, technological advancements in fall management devices are leading to significant future trends in the fall management market.
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 discussion systems market. The South and Central America fall managementmarket is expected to grow at a good CAGR during the forecast period.
South and Central America Fall Management Market Revenue and Forecast to 2028 (US$ Million)
South and Central America Fall Management Market Segmentation
By Product
â¢Sensor Padsâ¢Floor Matâ¢RFID Tags By End User
â¢Hospitals and Clinicsâ¢Nursing Homesâ¢Others By Country
â¢South and Central America â¢Brazilâ¢Argentinaâ¢Rest of South and Central America Companies Mentioned
â¢Medline Industries, Inc â¢Stanley Black & Decker, Inc. â¢De Royal Industries, Inc. â¢Emfit Ltd â¢Personal Safety Corporation â¢Rondish Company Limited. â¢TIDI Products, LLC
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