Fall Management Market Size, Share | Forecast Report 2023-2028

 How big is the Fall Management Market:

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 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.

What is Fall management?

Fall management is a crucial aspect of healthcare that focuses on preventing falls and minimizing the risks associated with them. Falls can have significant consequences, especially for older adults, individuals with mobility issues, and those with certain medical conditions. They can lead to injuries such as fractures, head trauma, and sprains, resulting in reduced independence, increased healthcare costs, and decreased quality of life. Therefore, implementing effective fall management strategies is essential in various settings, including hospitals, nursing homes, assisted living facilities, and home care environments. As a result, fall management is gaining immense traction across numerous industries to ensure workers' security and safety.

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Fall Management Market Trends and Drivers:

The global fall management market is primarily driven by the rising prevalence of age-related disorders, such as impaired cognition and vision. Moreover, the increasing incidences of occupational hazards in the manufacturing and mining industries due to inadequate safety measures have accelerated the product adoption rate. Additionally, the rising number of deaths from unintentional and accidental injuries is positively influencing market growth. Besides this, workers at construction sites need to work on elevated platforms, steep roofs, and wall openings that are extremely dangerous for falls and injuries. In line with this, the increasing use of fall management practices to minimize life-threatening injuries has catalyzed market growth. Furthermore, the rising popularity of adventure sports such as bungee jumping, river rafting, zip-lining, skiing, rock climbing, and mountaineering has augmented product demand. Other factors, including the rising global geriatric population, favorable government policies promoting occupational safety and health standards, and rapid industrialization, are also anticipated to drive the market toward growth.

Fall Management Market Report Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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.

What is included in market segmentation?

Breakup by Product:

  • Sensor Pad
  • Floor Mat
  • RFID Tag

Breakup by End User:

  • Hospitals and Clinics
  • Nursing Homes
  • Others

By Geography:

  • 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

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• 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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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