Albany, NY -- (SBWIRE) -- 06/24/2016 -- Market Research Reports Search Engine (MRRSE.com) has added a new report to its compilation on the industries of life sciences. The latest report, titled "Global Market Study on Fall Detection System: North America to Witness Highest Growth by 2021," is a top class document that captures the essence of the current scenario that manufacturers and distributors of fall detection systems are in. Furthermore, the report utilizes proven analytical methods to derive a forecast for the market from 2015 to 2021.

According to the report, the key driver of the global fall detection systems market is the growing percentage of the geriatric demography. The elderly are the most prone to generating balance issues or being susceptible to developing physical and mental disorders that make it difficult for them to conduct daily processes. Consequently, the people suffering from chronic illnesses, strokes, and Alzheimer's in particular are expressing the highest demand for fall detection systems.

Browse Full Global Fall Detection System Market Report with TOC: http://www.mrrse.com/fall-detection-system-market

The global fall detection systems market was valued at US$335.4 mn in 2015. After expanding at a stipulated CAGR of 4.9% within a forecast period from 2015 to 2021, this market is expected to reach US$448.1 mn by the end of 2021.

The report makes use of a categorized segmentation of the global fall detection systems market to fully explain the nuances in the current trends and how they are expected to shape the market for the given forecast period. The market is thus segmented on the basis of product types, sensing modalities, technology, end users, and geography.

By products, the global fall detection systems market is divided into automatic and manual fall detection systems. By sensing modalities, it is divided into wearable tech of clip-ons, necklaces, and watches, and non-wearable tech of cameras, wall sensors, and floor sensors.

The key technologies covered in this report include sensors, mobile phones, and GPS systems, while end users include senior assisted living facilities and home care settings.

Geographically, North America and Europe have enjoyed the top two positions in the global fall detection systems market respectively. Both regions have a much larger percentage of elderly citizens and are supported by a highly advanced medical infrastructure and insurance coverage. On the other hand, Asia Pacific is showing the fastest growth rate owing to a high population density and a rapidly improving healthcare industry.

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The key players in the global fall detection systems market are MariCare Oy, MobileHelp, Koninklijke Philips N.V, Bay Alarm Company, LifeWatch USA, Medical Guardian LLC, Tunstall, and ADT Security Services.

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