In a free fall, an object falls sans
propulsion or control. A free fall sensor that can be installed in
any device finds application in detecting their accidental fall. It
alerts or monitors the free fall of that object. Free fall detection
sensors are used in the healthcare segment primarily for the elderly.
They are also used in helicopters and aircrafts to activate emergency
response teams in case of a sudden drop in altitude and in elevators
too to activate braking systems whenever there is a sudden fall.
There are two types of free fall sensors available in the market –
the automatic fall detection and manual fall detection.
A report by Transparency Market Research
throws light on important facets of the global free
fall sensor market. It furnishes a qualitative analysis of the
growth drivers and restraints in the market and chronicles the
prevalent trends in it. The report is a comprehensive collection of
historical, current, and projected data about the market. It offers
an assessment of where the market stands today and where it is
headed.
The report also offers a detailed
assessment of the competitive landscape and identifies key players
contributing towards the growth of the global free fall sensor
market. The companies have been profiled in the report based on key
parameters such as business and financial overview, recent
developments, product portfolio, and geographical reach.
Market-leading analytical tools have also be been leveraged to gauge
the opportunities and threats awaiting players.
A burgeoning geriatric population is at
the forefront of driving growth in the global market for free fall
sensors. The number of elderly needing help is increasing
significantly year on year, particularly in Europe and North America.
As part of the assisted living program, provided by many healthcare
institutes in the two continents, wearable free fall sensors are
becoming highly sought after. The wearables also allow institutes to
check the vital statistics of an individual depending upon which
appropriate medication is administered.
Free fall detection systems are also
being deployed these days to track if a person has fallen down or
not. Additionally, an automated response system can be used in
combination with a free fall sensor for optimal results.
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One factor, countering the growth in the
market is the high cost of installing a free fall detection system.
Further, they are yet not considered a part of the standard system in
many healthcare institutes.
A noticeable trend in the global market
for free fall sensor is the soaring popularity of automatic fall
detection systems. The segment is slated to grow at a cracking pace
in the near future.
Depending upon geography, North America
is a key region in the global market for free fall sensor. This is
because of the substantial investment in the domain of technology and
the higher spending capacity of people in the region. A growing
geriatric population, increasing instances of chronic diseases, and
strong penetration of smartphones is slated to drive its market in
the near future. The U.S. is the primary growth driver in the North
America market.
To assess the competition prevailing in
the global market for free fall sensor, the report profiles companies
such as Koninklijke Philips N.V, ADT, Medical Guardian, Bay Alarm
Company, LifeWatch MariCare Oy, and MobileHelp.
The report offers a comprehensive
evaluation of the market. It does so via in-depth qualitative
insights, historical data, and verifiable projections about market
size. The projections featured in the report have been derived using
proven research methodologies and assumptions. By doing so, the
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology, types, and applications.
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