Fall Management Market Size Share and Industry Outlook to 2028

SKU: DMPH2394 | Last Updated On: Dec 31 2021 | No. of Pages: 180 | Available Formats

> Global Fall Management Market Expected to reach at a high CAGR of 7.0% by 2028: DataM Intelligence

Global Fall Management Market is segmented By Product Type (Sensor Pad, Floor Mat, RFID Tag, Others), By End-Users (Hospitals and Clinics, Nursing Home, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview

The Global "Fall Management Market" is expected to grow at a high CAGR of 7.0% during the forecasting period (2021-2028).

Fall is defined as an event in which the person falls on the ground or floor or any other surface. People with balance impairment, gait impairment, muscle weakness, foot problems that cause pain, impaired mobility, and low blood pressure are at high risk of falling. Fall-related injuries may or may not be fatal or may not be fatal. People with dementia or an altered sense of balance could develop fatal injuries due to falls. Moreover, the accidental falls hamper the recovery process for preexisting medical problems and ultimately result in death. Fall management aims to minimize the risk of developing the injury, reduce the chances of falling, and maintain the level of mobility.

**Source: DataM Intelligence Analysis 

Market Dynamics:

The fall management market is driven by the rising demand for fall management products with growing falls incidents along with an increasingly aging population as these people require long-term care. Falls are the leading cause of accidental or unintentional injury deaths worldwide. According to the World Health Organization (WHO), around 646 000 individuals die from falls worldwide every year. People above older than 65 years of age suffer the greatest number of fatal falls. Every year around 37.3 million falls severe enough to require medical attention worldwide. Fatal falls are most common among people 65 or older, young adults aged 15–29, and children aged 15 years or younger.

The market is witnessing the launch of innovative fall management products with technological advancement. For instance, in 2014, AliMed had launched three new fall management products, including the AliMed Cordless Sensor Alarm and the AliMed Worry-Free Fall Alarm to reduce the risk of accidental falls and HipShield X-tra to help prevent fractures. The AliMed Cordless Sensor Alarm is useful for eliminating the tripping and entanglement hazards presented by wires. The HipShield X-tra is a wearable hip protector that helps in guarding against injuries related to lateral falls. It contains removal pads that can be easily replaced for convenience.

The growing technological advancement with the digital platform for developing fall management products shall stimulate market growth. For instance, Stanley Healthcare provides a groundbreaking, AI-based solution, i.e., Foresite Proactive Health & Predictive Fall Management. It features continuous fall risk assessment, health monitoring, imminent bed exits alerts, and fall detection & post-fall intervention. Foresite actively assesses changing fall risk, tracking, and analyzing a wide range of factors known to contribute to falls, including bed occupancy, bed exits, sit-to-stand time, and gait. It continuously provides the fall risk for each individual comprising the high, intermediate, or low. Foresite uses automated algorithms for monitoring the changes in heart rate, bed restlessness, and other factors for providing the early warning of deteriorating health. It issues early alerts when an individual is attempting to stand. Thus, it provides the caregivers more time to intervene before the person can get up unassisted. Moreover, it provides the Depth sensor images of post-fall assessment and response that can be replayed and analyzed for providing medical assistance and improve response to future incidents.

Several companies and organizations are involved in creating awareness regarding fall management and prevention. For instance, in September 2018, AliMed had created awareness regarding the fall of its risk factors and prevention. American Geriatrics Society (AGS) and the British Geriatrics Society (BGS) had provided guidelines for the management of falls in older people. Southeast Georgia Health System promotes the people to learn more about preventing fall-related injuries that affect older adults.

However, the market is hindered by the high treatment cost of falls. For instance, according to the Centers for Disease Control & Prevention (CDC), the medical cost of falls across the U.S. healthcare system is USD 50 billion annually. This cost includes the USD 38 billion paid by Medicare and Medicaid and USD 12 billion paid by private and other payers.

Segment Analysis

The global fall management market is segmented based on product type as sensor pad, floor mat, RFID tag, etc. The sensor pad accounts for the highest market share of XX% in 2019. The market is dominated by the availability of different sensor pads, including floor sensor pads, bed sensor pads, and chair sensor pads. These pads alert the healthcare staff and caregivers if they try to leave the bed or the wheelchair. The Smart Caregiver Corporation includes fall prevention monitors & exit alarms designed to alert caregivers when an at-risk individual needs assistance. These devices are ideal for bed exit monitoring, chair exit monitoring, and door exit monitoring. It is comprised of corded fall prevention monitors, cordless fall prevention monitors, and pull-string monitors. It is also comprised of bed sensor pads and chair sensor pads. It comprises the different variants of bed sensor pads, i.e., corded bed pads, bed alarm sensor pads with unique safe-t-release replaceable cords, cordless bed pads work with wireless cordless fall monitors, and timed bed pads with unique safe-t-release cords). The different variants of chair sensor pads include the corded chair pads, which alert the caregivers whenever pressure is removed from the sensor pad, cordless chair pads with no cords and reduce the tripping hazards and eliminates broken or tangled cords, and timed chair pads; a unique coiled cord reduces tripping & entanglement hazards.

The floor mat segment is expected to have positive market growth due to the growing usage of flexible, lightweight floor mats, which effectively protect the patient from falling from a wheelchair, bed, gurney, or recliner. These floor mats are widely used in the home and healthcare facilities. There is growing innovation in developing floor mats. Alimed provides several floor mats, including the flatmate bedside fall mat, an ultra-low profile, antibacterial bedside fall mat with a Slide-Stop bottom to help keep the mat firmly in place. It is resistant to mold, mildew, stains, and odors. It’s another product. Another product is a folding multifunction mat single fold, firm (IFD 60-70) energy-absorbing foam mats that include two carry handles for easy transport.  

Further, the market is also classified based on the end-users as hospitals and clinics, nursing homes, home care settings, etc. The hospitals and clinics segment accounts for the highest market share owing to the increase in the number of people falling in the hospitals and clinics. According to the Centers for Disease Control and Prevention (CDC), every year, 3 million older people are treated in emergency departments for fall injuries. Over 800,000 patients a year are hospitalized because of a fall injury, most often because of a head injury or hip fracture. There is an increase in the number of companies developing fall management products for hospitals & clinics. Alimed, Inc’s Folding Multifunction Mat Single fold is the directly energy-absorbing foam mats that include two carry handles for easy transport. Alimed, Inc’s Drive Medical Prime Mat helps in reducing the tripping hazards with low-profile beveled edges. Accommodates wheelchairs and lifts without having to move the mat.

**Source: DataM Intelligence Analysis

Geographical Presentation

By region, the global fall management market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, North America dominated the global fall management market due to the growing number of falls and a significant healthcare problem. According to the Centres for Disease Control and Prevention (CDC), more than one in four older adults fall every year. There is rising adoption of fall management products with technological advancement. There is a large number of companies are presently developing fall management products. Several organizations are involved in creating awareness regarding fall management products. For instance, in September 2018, the Centers for Disease Control and Prevention (CDC) joined with the National Council on Aging (NCOA) to increase awareness and help spread the word about preventing fall-related injuries and deaths. The availability of better reimbursement policies, including Medicare and Medicaid, and other payers, shall boost the demand for fall management products.

The Asia Pacific region is expected to have positive market growth owing to the increasing demand for fall management products with the rising older population. According to the United Nations Fund for Population Activities (UNFPA), the older population would increase and reach 1.3 billion by 2030 in the Asia-Pacific region. Drastic market growth is expected to observe among the developing countries, including India and China, owing to older people's presence. The rising adoption of advanced fall management products shall stimulate market growth. The demand for fall management procedures is expected to increase with the increasing per-capita healthcare expenditure to improve healthcare facilities over the forecasted period.

**Source: DataM Intelligence Analysis

Competitive Analysis

The global fall management market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Alimed, Inc., Deroyal Inc., Emfit Ltd., Medline Industries, Inc., Roundish Company Limited, Stanley Black & Decker, Inc., (Stanley Healthcare), and Tide Products, Llc (J.T. Posey Company) are the leading market players with significant market share. Major players are using product development, novel product approvals, market expansion, and product diversification strategies for holding their position in the market.

Emfit health provides the  QS+CARE, a real-time bed exit, occupancy, and movement activity that monitor with simultaneous tracking of health data. It is effective in improving the elderly care outcome and reduces costs. QS+CARE also provides real-time data and notifications, helping to reduce falls.

The companies enter into collaborations, mergers, strategic partnerships, and acquisitions to increase the demand for fall management and their expansion across the globe. For instance, In February 2017, RoundTable Healthcare’s portfolio company, TIDI Products, LLC had acquired the J.T. Posey Company,  a leading manufacturer of fall management and patient safety products that provide a safer environment for both patients and caregivers. This acquisition would advance TIDI’s product mix towards differentiated acute care products and fits squarely within TIDI’s mission of Supporting Caregivers and Preventing Infections. This acquisition would further strengthen the company's focus on strategic growth in the acute care space and support caregivers and patients.

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**The global fall management market report will provide access to approximately 53 market data tables, 44 figures, and 180 pages

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Table of Contents 

  1. Fall Management Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Fall Management Market – Market Definition and Overview

  3. Fall Management Market – Executive Summary

    1. Market Snippet by Product Type
    2. Market Snippet by End-Users
    3. Market Snippet by Region
  4. Fall Management Market Dynamics

    1. Market Impacting Factors
      1. Drivers
      2.  Restraints
      3. Impact Analysis
      4. Opportunity
  5. Fall Management Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Regulatory Analysis
    4. Pricing Analysis
  6. Fall Management Market – By Product Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      2. Market Attractiveness Index, By Product Type
    2. Sensor Pad*
      1. Introduction
      2. Market Size Analysis, US$ Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2028
    3. Floor Mat
    4. RFID Tag
    5. Others
  7. Fall Management Market – By End-Users

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Users
      2. Market Attractiveness Index, By End-Users
    2. Hospitals and Clinics*
      1. Introduction
      2. Market Size Analysis, USD Mn, 2016-2025 and Y-o-Y Growth Analysis (%), 2018-2028
    3. Nursing Home
    4. Others
  8. Fall Management Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Users
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Users
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Users
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Users
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-Users
  9.  Fall Management Market Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  10. Fall Management Market Company Profiles

    1. Alimed, Inc.* 
      1. Company Overview
      2. Form Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Curbell, Inc.
    3. Deroyal Inc.
    4. Emfit Ltd.
    5. Medline Industries, Inc.
    6. Personal Safety Corporation
    7. Rondish Company Limited
    8. Smart Caregiver Corporation
    9. Stanley Black & Decker, Inc., (Stanley Healthcare)
    10. Tidi Products, Llc (J.T. Posey Company) (*List is not exhaustive)
  11. Fall Management Market – Premium Insights

  12. Fall Management Market – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables 

Table 01 Global Fall Management Market Value, By Product Type, 2018,2022 & 2028 ($ Million)

Table 02 Global Fall Management Market Value, By End-Users, 2018,2022 & 2028 ($ Million)

Table 03 Global Fall Management Market Value, By Region, 2018,2022 & 2028 ($ Million)

Table 04 Global Fall Management Market Value, By Product Type, 2018,2022 & 2028 ($ Million)

Table 05 Global Fall Management Market Value, By Product Type, 2017-2028 ($ Million)

Table 06 Global Fall Management Market Value, By End-Users, 2018,2022 & 2028 ($ Million)

Table 07 Global Fall Management Market Value, By End-Users, 2017-2028 ($ Million)

Table 08 Global Fall Management Market Value, By Region, 2018,2022 & 2028 ($ Million)

Table 09 Global Fall Management Market Value, By Region, 2017-2028 ($ Million)

Table 10 North America Fall Management Market Value, By Product Type, 2017-2028 ($ Million)

Table 11 North America Fall Management Market Value, By End-Users, 2017-2028 ($ Million)

Table 12 North America Fall Management Market Value, By Country, 2017-2028 ($ Million)

Table 13 South America Fall Management Market Value, By Product Type, 2017-2028 ($ Million)

Table 14 South America Fall Management Market Value, By End-Users, 2017-2028 ($ Million)

Table 15 South America Fall Management Market Value, By Country, 2017-2028 ($ Million)

Table 16 Europe Fall Management Market Value, By Product Type, 2017-2028 ($ Million)

Table 17 Europe Fall Management Market Value, By End-Users, 2017-2028 ($ Million)

Table 18 Europe Fall Management Market Value, By Country, 2017-2028 ($ Million)

Table 19 Asia-Pacific Fall Management Market Value, By Product Type, 2017-2028 ($ Million)

Table 20 Asia-Pacific Fall Management Market Value, By End-Users, 2017-2028 ($ Million)

Table 21 Asia-Pacific Fall Management Market Value, By Country, 2017-2028 ($ Million)

Table 22 Middle East & Africa Fall Management Market Value, By Product Type, 2017-2028 ($ Million)

Table 23 Middle East & Africa Fall Management Market Value, By End-Users, 2017-2028 ($ Million)

Table 24 Alimed, Inc.: Overview

Table 25 Alimed, Inc.: Product Portfolio

Table 26 Alimed, Inc.: Key Developments

Table 27 Curbell, Inc.: Overview

Table 28 Curbell, Inc.: Product Portfolio

Table 29 Curbell, Inc.: Key Developments

Table 30 Deroyal Inc.: Overview

Table 31 Deroyal Inc.: Product Portfolio

Table 32 Deroyal Inc.: Key Developments

Table 33 Emfit Ltd.: Overview

Table 34 Emfit Ltd.: Product Portfolio

Table 35 Emfit Ltd.: Key Developments

Table 36 Medline Industries, Inc.: Overview

Table 37 Medline Industries, Inc.: Product Portfolio

Table 38 Medline Industries, Inc.: Key Developments

Table 39 Personal Safety Corporation: Overview

Table 40 Personal Safety Corporation: Product Portfolio

Table 41 Personal Safety Corporation: Key Developments

Table 42 Rondish Company Limited: Overview

Table 43 Rondish Company Limited: Product Portfolio

Table 44 Rondish Company Limited: Key Developments

Table 45 Smart Caregiver Corporation: Overview

Table 46 Smart Caregiver Corporation: Product Portfolio

Table 47 Smart Caregiver Corporation: Key Developments

Table 48 Stanley Black & Decker, Inc., (Stanley Healthcare): Overview

Table 49 Stanley Black & Decker, Inc., (Stanley Healthcare): Product Portfolio

Table 50 Stanley Black & Decker, Inc., (Stanley Healthcare): Key Developments

Table 51 Tidi Products, Llc (J.T. Posey Company): Overview

Table 52 Tidi Products, Llc (J.T. Posey Company): Product Portfolio

Table 53 Tidi Products, Llc (J.T. Posey Company): Key Developments

 

List of Figures

Figure 01 Global Fall Management Market Share, By Product Type, 2018 & 2028 (%)

Figure 02 Global Fall Management Market Share, By End-Users, 2018 & 2028 (%)

Figure 03 Global Fall Management Market Share, By Region, 2018 & 2028 (%)

Figure 04 Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 05 Global Fall Management Market Y-o-Y Growth, By Product Type, 2018-2028 (%)

Figure 06 Sensor Pad: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 07 Floor Mat: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 08 RFID Tag: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 09 Others: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 10 Global Fall Management Market Y-o-Y Growth, By End-Users, 2018-2028 (%)

Figure 11 Hospitals and Clinics: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 12 Nursing Homes: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 13 Homecare Settings: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 14 Others: Global Fall Management Market Value, 2017-2028 ($ Million)

Figure 15 Global Fall Management Market Y-o-Y Growth, By Region, 2018-2028 (%)

Figure 16 North America Fall Management Market Value, 2017-2028 ($ Million)

Figure 17 North America Fall Management Market Share, By Product Type, 2018 & 2028 (%)

Figure 18 North America Fall Management Market Share, By End-Users, 2018 & 2028 (%)

Figure 19 North America Fall Management Market Share, By Country, 2018 & 2028 (%)

Figure 20 South America Fall Management Market Value, 2017-2028 ($ Million)

Figure 21 South America Fall Management Market Share, By Product Type, 2018 & 2028 (%)

Figure 22 South America Fall Management Market Share, By End-Users, 2018 & 2028 (%)

Figure 23 South America Fall Management Market Share, By Country, 2018 & 2028 (%)

Figure 24 Europe Fall Management Market Value, 2017-2028 ($ Million)

Figure 25 Europe Fall Management Market Share, By Product Type, 2018 & 2028 (%)

Figure 26 Europe Fall Management Market Share, By End-Users, 2018 & 2028 (%)

Figure 27 Europe Fall Management Market Share, By Country, 2018 & 2028 (%)

Figure 28 Asia-Pacific Fall Management Market Value, 2017-2028 ($ Million)

Figure 29 Asia-Pacific Fall Management Market Share, By Product Type, 2018 & 2028 (%)

Figure 30 Asia-Pacific Fall Management Market Share, By End-Users, 2018 & 2028 (%)

Figure 31 Asia-Pacific Fall Management Market Share, By Country, 2018 & 2028 (%)

Figure 32 Middle East & Africa Fall Management Market Value, 2017-2028 ($ Million)

Figure 33 Middle East & Africa Fall Management Market Share, By Product Type, 2018 & 2028 (%)

Figure 34 the Middle East & Africa Fall Management Market Share, By End-Users, 2018 & 2028 (%)

Figure 35 Alimed, Inc.: Financials

Figure 36 Curbell, Inc.: Financials

Figure 37 Deroyal Inc.: Financials

Figure 38 Emfit Ltd.: Financials

Figure 39 Medline Industries, Inc.: Financials

Figure 40 Personal Safety Corporation (Psc): Financials

Figure 41 Rondish Company Limited: Financials

Figure 42 Smart Caregiver Corporation: Financials

Figure 43 Stanley Black & Decker, Inc., (Stanley Healthcare): Financials

Figure 44 Tidi Products, Llc (J.T. Posey Company): Financials

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