Asia Pacific Fall Detection Systems Market Size & Outlook
The fall detection systems market in Asia Pacific is expected to reach a projected revenue of US$ 197.2 million by 2030. A compound annual growth rate of 8.1% is expected of Asia Pacific fall detection systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$114.3
Forecast, 2030 (US$M)
$197.2
CAGR, 2024 - 2030
8.1%
Report Coverage
Asia Pacific
Asia Pacific fall detection systems market, 2018-2030 (US$M)
Asia Pacific fall detection systems market highlights
- The Asia Pacific fall detection systems market generated a revenue of USD 114.3 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, automatic fall detection system was the largest revenue generating product in 2023.
- Automatic Fall Detection System is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 114.3 million |
| Market revenue in 2030 | USD 197.2 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Automatic fall detection system |
| Fastest growing segment | Automatic Fall Detection System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automatic Fall Detection System |
| Key market players worldwide | ADT Inc, Apple Inc, Koninklijke Philips NV, Semtech Corp, Tunstall Healthcare Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.6% of the global fall detection systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 197.2 million by 2030.
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Fall Detection Systems Market Scope
Fall detection systems market segmentation & scope
Type
Wearable
Non-Wearable
Technology
GPS-Based
Mobile Phone-Based
Sensor-Based
Component
Accelerometers and Gyroscopes
Multimodal Sensors
Other Unimodal/Bimodal Sensors
End Use
Home-based users
Nursing home
Assisted living facilities
Hospices
Fall Detection Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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