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Extraordinary Report on Global Fall Detection System Market : key players are LifeFone, Koninklijke Philips N.V. and Intel Corporation, Vital Connect, Blue Willow Systems, Williamson Corporation.

Global Fall Detection System Market  report
Global Fall Detection System Market  report

 

Global Fall Detection System Market  report is a comprehensive study of how the Abc industry is changing due to global fall detection system market . There are several systematic information in the report, like what the estimation of CAGR levels in the forecasted years of 2018-2025, and the market definition, classifications, applications, and market trends signify and how to use them to achieve a greater edge on the key players and brands.

Global fall detection system market  report also contains the company profiles of the top players and brands and their recent developments, product launches, joint ventures, mergers and accusations by the top brands and players. The report simultaneously sheds light on the market drivers and restraints with help of SWOT analysis.

Global Fall Detection System Market is expected to reach USD 479.55 Million by 2025 from USD 341.17 Million in 2017, at a CAGR of 4.5% in the forecast period 2018 to 2025 in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Services market has the largest market segment in fall detection system market.

Key Players: The global fall detection system market is highly concentrated to a few big players and rest to local players who cater to the demands of domestic markets only. Medical Guardian LLP dominates fall detection system market, accounting for the highest market shares in 2017, followed by LifeFone, Koninklijke Philips N.V. and Intel Corporation. Other players in this market include VitalConnect, Blue Willow Systems, LifeCall, Williamson Corporation, Life Assure, Singapore Technologies Engineering Ltd, Semtech Corporation, Connect America, Tunstall, Bay Alarm Medical, MobileHelp, Mytrex, Inc., AlertOne Services, LLC and MariCare among others holds 9.4% of the global fall detection system in 2017.

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Market Segmentation:  By Product Type (Automatic Fall Detection System, Manual Fall Detection System), By Algorithm (Simple Threshold, Machine Learning), By Component (Accelerometers & Gyroscopes, Unimodal/Bimodal Sensors, Multimodal Sensors), By System (Wearable Systems {Watches, Clip-On, Necklace}, Non-Wearable Systems {Camera, Wall Sensors, Floor Sensors}, In-Home Landline System, In-Home Cellular Systems), End-User (Home Care Settings, Hospitals and Senior Assisted Living Facilities, Lone Workers, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025

Medical Guardian LLP.:

Medical Guardian LLP was established in 2005, and is located in Pennsylvania, U.S. It is considered as one of the leading producer and supplier of affordable and reliable medical alert services. The company has its expertise in providing not only in-home system but also mobile devices when the user is outside. The company has also been named as one of the best places to work in 2015 by the Philadelphia Business Journal. The fall detection related products and services comprise classic guardian, home guardian, family guardian, mobile guardian and active guardian.

Recent Developments:

  1. In November, 2016, Medical Guardian launched Family Guardian, an advanced in-home system that allows caregivers to monitor. It allows users to get connected and keeping senior safe when the caregivers are unavailable. Due to launch of this product the company has increased its product line thus enhancing its product profile.
  2. In July, 2014, Medical Guardian launched the Fall Alert product line which will help in expanding the company’s product line and will make the company more unique after getting into such technologically advanced product line.

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LifeFone:

LifeFone was instituted in 1976, and is headquartered in White Plains, New York. LifeFone is engaged in developing and providing medical alert systems in order to allow independence, security and fast response right at the time the button is pressed. The company provides instant access to the individuals in case of fall. LIFEFONE products are widely recommended by healthcare providers. LifeFone’s devices and systems are acceptable by hospitals, area agencies on aging, home health care providers, social workers and geriatric care managers. The company operates in segment namely product and into which fall detection related products lie in at home landline, at home cellular, at home and on the go GPS, at home and on the go GPS voice in pendant.

Koninklijke Philips N.V.:

Koninklijke Philips N.V. was founded in 1891, and is situated at Amsterdam, Netherlands. Koninklijke Philips N.V. is involved in developing and providing advanced health technologies. It provides computed tomography, and diagnostic X-ray; advanced molecular imaging; integrated clinical solutions; and diagnostic imaging solutions, image-guided therapy solutions and therapy devices, magnetic resonance imaging. The company operates in segment explicitly Personal Health Diagnosis & Treatment, Connected Care & Health Informatics and HealthTech Other.  The company currently comprises of 62,000 patent rights, 37,600 trademarks, 47,800 design rights and 3,000 domain names. The company has filled 1,200 new patents in 2017 in order to focus more on health and well-being.

Recent Developments:

  1. In April, 2014, Philips Lifeline has launched home safe wireless medical alert solution in their Philips Lifeline product line, leading to help more seniors remain independent in their homes. This launch of products has brought the diversification of products in their product line.

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