As we all are aware, what happens in a free fall, the particular object is free of any force or control, and it falls freely. Free fall sensor market size on the basis of product spans Automatic fall detection and Manual fall detection. The procedure through which a particular object drops and descends devoid of any impulsion or hold is known as free falling. In the similar way, a free fall sensor is employed to identify the same. The sensor can be incorporated into any instrument to notify and keep a check on the free fall of that object.
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The key driving factors responsible for the growth of Free Fall
Sensor market :
It has been noted that healthcare
segment occupies the largest share as far as all the applications are
concerned. The sensor is also utilized as an important component of free fall
detection systems particularly for senior citizens. This particular sensor can
be set up in any device that has its application in sensing and identifying
their accidental fall.
Moreover, these sensors are also
employed in helicopters and aircrafts to trigger and set off the emergency response
teams in case of an unexpected drop in elevation. Other than that, it finds its
application in elevators too to set the braking systems in motion when a sudden
and unforeseen fall takes place. The prominent factor that is playing a major
part in raising the market share includes rapidly increasing geriatric
population. In Europe and North America, it has been noted that the count of
elderly calling for help is rising considerably year by year.
Most of the healthcare institutes
are providing assisted living programs, due to which wearable free fall sensors
are becoming highly preferred and chosen among various sectors. The wearable
also allows institutes to check the vital statistics of an individual depending
upon which appropriate medication is administered. It has been noted that free
fall detection systems are now days being employed to trace whether a
particular person has fallen down or not.
Furthermore, an automated
response system can be deployed in amalgamation with a free fall sensor for
best possible results. The only factor that is turning a major hurdle in the
market growth is the sky-scraping costs of setting up a free fall detection
system. It may prove as a key challenge for the market growth in the future. It
is said that they are not yet recognized as a component of the standard system
in many of the healthcare institutes. It has been observed that automatic fall
detection systems are gaining huge recognition and popularity across the world.
Free fall sensor market size on
the basis of sensing application spans Wearable, Non-wearable, and Others. Free
fall sensor market size on the basis of end-user spans Home care, senior
assisted living, and Others. Free fall sensor market size on the basis of
geography spans North America, Latin America, Western Europe, Eastern Europe,
Asia Pacific, Middle East and Africa.
As far as the geography is
concerned, North America is currently leading the free fall sensor market and
it is considered as one of the prominent regions in the global market for free
fall sensor, the reason being considerable investment in the field of
technology and increased spending capacity of people in the region.
Other than that, factors like
rising geriatric population, rise in the frequency of chronic diseases, and
strong penetration of smartphones is likely to contribute in raising the market
share of the region. The United States is deemed as the major contributor in
the North America market. The key players operating in the free fall sensor
market include MariCare Oy, Medical Guardian, MobileHelp, Bay Alarm Company,
Koninklijke Philips N.V, LifeWatch, ADT, and Tunstall.
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