Global Fall Detection Systems Market Size & Outlook
The fall detection systems industry worldwide is expected to reach a projected revenue of US$ 748.4 million by 2030. A compound annual growth rate of 7.6% is expected of the worldwide fall detection systems industry from 2024 to 2030.
Revenue, 2023 (US$M)
$447.2
Forecast, 2030 (US$M)
$748.4
CAGR, 2024 - 2030
7.6%
Report Coverage
Worldwide
Global fall detection systems market, 2018-2030 (US$M)
Global fall detection systems market highlights
- The global fall detection systems market generated a revenue of USD 447.2 million in 2023 and is expected to reach USD 748.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.6% by 2030.
- In terms of segment, automatic fall detection system accounted for a revenue of USD 447.2 million in 2023.
- Automatic Fall Detection System is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 447.2 million |
| Market revenue in 2030 | USD 748.4 million |
| Growth rate | 7.6% (CAGR from 2024 to 2030) |
| Largest segment | Automatic fall detection system |
| Fastest growing segment | Automatic Fall Detection System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automatic Fall Detection System |
Other key industry trends
- In terms of revenue, the North America accounted for 38.6% of the global fall detection systems market in 2023.
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Fall Detection Systems Market Scope
Fall detection systems market segmentation & scope
Type
Wearable
Non-Wearable
Technology
Mobile Phone-Based
GPS-Based
Sensor-Based
Component
Multimodal Sensors
Other Unimodal/Bimodal Sensors
Accelerometers and Gyroscopes
End Use
Nursing home
Home-based users
Hospices
Assisted living facilities
Fall Detection Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fall detection systems market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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