Global Fall Management Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Fall Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global fall management market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global fall management market size reached US$ 184.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 255.7 Million by 2028, exhibiting a growth rate (CAGR) of 5.49% during 2023-2028.
Fall management, alternatively termed as fall prevention or fall risk management, encompasses a range of approaches and measures designed to minimize the likelihood of falls and associated injuries, especially among older adults and individuals facing mobility constraints. This entails the utilization of diverse medications and equipment, such as safety nets, body belts, sensor pads, floor mats, radio-frequency identification (RFID) tags, connecting devices, as well as complete body and chest harnesses. Additionally, successful fall management involves coordinated efforts among healthcare providers, physical therapists, occupational therapists, pharmacists, and other experts to comprehensively address different facets of fall prevention.
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Global Fall Management Market Trends and Drivers:
The increasing global population of elderly individuals, who are more prone to age-related conditions like impaired cognition and vision, is a key factor contributing to the global demand for fall management. Additionally, the growing awareness among people regarding products and services for fall management, designed to safeguard individuals in various environments, is fostering market growth. Furthermore, the expanding use of fall management solutions in home care settings, aiming to facilitate secure and independent living, is positively influencing the market. Moreover, the rising incidence of occupational hazards in industries such as manufacturing and mining, due to inadequate safety measures, is driving the market’s expansion.
Global Fall Management Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Alimed Inc, Curbell Medical Products Inc. (Curbell Inc.), DeRoyal Industries Inc., Medline Industries LP, Personal Safety Corporation, Rondish Company Limited, Smart Caregiver Corporation, Stanley Black & Decker Inc. and TIDI Products LLC.
The report segmented the market on the basis of region, product and end user.
Breakup by Product:`
- Sensor Pad
- Floor Mat
- RFID Tag
Breakup by End User:
- Hospitals and Clinics
- Nursing Homes
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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