Fall Management Market Outlook
According to the research report published by DataM Intelligence, the global Fall Management Market size is projected to reach USD billion by 2029, with growth at a CAGR of 7% during the forecast period 2022-2029.
Fall is defined as an event in which the person falls on the ground or floor or any other surface. People with balance impairment, gait impairment, muscle weakness, foot problems that cause pain, impaired mobility, and low blood pressure are at high risk of falling.
The fall management market is driven by the rising demand for fall management products with growing falls incidents along with an increasingly aging population as these people require long-term care. Falls are the leading cause of accidental or unintentional injury deaths worldwide.
The growing technological advancement with the digital platform for developing fall management products shall stimulate market growth. For instance, Stanley Healthcare provides a groundbreaking, AI-based solution, i.e., Foresite Proactive Health & Predictive Fall Management. It features continuous fall risk assessment, health monitoring, imminent bed exits alerts, and fall detection & post-fall intervention.
Several companies and organizations are involved in creating awareness regarding fall management and prevention. For instance, in September 2018, AliMed had created awareness regarding the fall of its risk factors and prevention. American Geriatrics Society (AGS) and the British Geriatrics Society (BGS) had provided guidelines for the management of falls in older people. Southeast Georgia Health System promotes the people to learn more about preventing fall-related injuries that affect older adults.
The floor mat segment is expected to have positive market growth due to the growing usage of flexible, lightweight floor mats, which effectively protect the patient from falling from a wheelchair, bed, gurney, or recliner. These floor mats are widely used in the home and healthcare facilities. There is growing innovation in developing floor mats.
The hospitals and clinics segment accounts for the highest market share owing to the increase in the number of people falling in the hospitals and clinics.
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Regional Presence of the Global Fall Management Market
North America dominated the global fall management market due to the growing number of falls and a significant healthcare problem. According to the Centres for Disease Control and Prevention (CDC), more than one in four older adults fall every year.
The Asia Pacific region is expected to have positive market growth owing to the increasing demand for fall management products with the rising older population. According to the United Nations Fund for Population Activities (UNFPA), the older population would increase and reach 1.3 billion by 2030 in the Asia-Pacific region.
Competitive Landscape and Major Companies Profiled:
The global fall management market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Alimed, Inc., Deroyal Inc., Emfit Ltd., Medline Industries, Inc., Roundish Company Limited, Stanley Black & Decker, Inc., (Stanley Healthcare), and Tide Products, Llc (J.T. Posey Company) are the leading market players with significant market share. Major players are using product development, novel product approvals, market expansion, and product diversification strategies for holding their position in the market.
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By Product Type:
Hospitals and Clinics
Based on Geographical Classification:
Middle East and Africa
Medication Management Market is segmented By Software Type (Computerized Physician Order Entry, Clinical Decision Support System, Electronic Medication Administration Records, Inventory Management System, Others), By Service (Medication Analytic Services, ADE Surveillance Services, Point of Care Verification Services), By Mode of Delivery (On-Premise Solutions, Cloud-Based, Web-Based), By End User (Hospital, Pharmacies, Blood Bank centers, Healthcare Institutions), and By Region
Medical Image Analysis Software Market is segmented By Technology (MRI, Ultrasound Imaging, CT, SPECT, PET, Others), By Image Type (2D, 3D, 4D), By Modality (CT, MRI, PET, Ultrasound), By Application (Orthopedic, Cardiology, Oncology, Mammography, Others), By End User (Hospital, Diagnostic Centre, Research Centres, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
The Full Report has the below insights
The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
Visualize the composition of the global Fall Management Market segmentation by Product type, and by End User, and region highlighting the key commercial assets and players.
Identify commercial opportunities in the global Fall Management Market by analyzing trends and co-development deals.
The report also covers data insights on various industry forces such as porter’s five forces, regulations in each country, pipeline analysis and pricing analysis.
Excel data sheet with thousands of data points global Fall Management Market -level 4/5 segmentation.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key product of all major market players
The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 180 pages.
Additional Benefits Post Purchase:
1) Unlimited Analyst support for a period of 1 year.
2) Any query with regard to the scope offered will be addressed within 24- 48 hours.
3) An excel sheet with market numbers will be provided separately
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