Fall Management Market Report by Product (Sensor Pad, Floor Mat, RFID Tag), End User (Hospitals and Clinics, Nursing Homes, and Others), and Region 2024-2032
The global fall management market size reached US$ 194.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 292.9 Million by 2032, exhibiting a growth rate (CAGR) of 4.53% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 194.3 Million
Market Forecast in 2032
US$ 292.9 Million
Market Growth Rate 2024-2032
4.53%
Fall management refers to preventive measures adopted to reduce fall risk and injuries. It involves various medications and equipment, such as safety nets, body belts, sensor pads, floor mats, radio-frequency identification (RFID) tags, connecting devices, suspension belts, and whole body and chest harnesses. It also involves educating families and caretakers about the potential risk of falls and outlining strategies and management plans for high-risk patients. It helps minimize the chances of developing fall injuries, ensures the highest level of mobility, and prevents untimely death. As a result, fall management practice is gaining immense traction across various industries to ensure the safety and security of workers.
Fall Management Market Trends:
The growing global geriatric population and rising prevalence of age-related disorders, such as impaired cognition and vision, represent one of the key factors positively influencing the market. In addition, increasing cases of accidental and unintentional injury deaths are driving the need for fall management practices. Apart from this, rapid industrialization, along with the rising occurrence of occupational hazards in manufacturing and mining industries due to the unavailability of appropriate safety measures, is resulting in the widespread adoption of fall management equipment. Furthermore, the growing utilization of fall management practices to reduce life-threatening injuries is creating a positive market outlook. Construction sites require workers to operate on elevated platforms, steep roofs, and wall openings that are highly prone to falls and accidents. Additionally, the increasing participation of individuals in adventure activities, which include bungee jumping, river rafting, zip-lining, skiing, rock climbing, and mountaineering, is catalyzing the demand for fall management equipment. Moreover, the introduction of favorable government policies to promote occupational safety and health standards is expected to propel market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fall managementmarket report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and end user.
Breakup by Product:
Sensor Pad
Floor Mat
RFID Tag
Breakup by End User:
Hospitals and Clinics
Nursing Homes
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Million
Segment Coverage
Product, End User, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
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.
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global fall management market was valued at US$ 194.3 Million in 2023.
We expect the global fall management market to exhibit a CAGR of 4.53% during 2024-2032.
The increasing cases of accidental and unintentional injury deaths, along with the rising adoption of fall management practices to ensure the safety and security of workers across construction sites, are primarily driving the global fall management market.
The sudden outbreak of the COVID-19 pandemic has led to the growing demand for fall management measures to minimize the chances of developing fall injuries among the critical-ill coronavirus-infected patients.
Based on the product, the global fall management market has been divided into sensor pad, floor mat, and RFID tag. Currently, sensor pad holds the majority of the total market share.
Based on the end user, the global fall management market can be segmented into hospitals and clinics, nursing homes, and others. Among these, hospitals and clinics exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global fall management market include 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.
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