Fall detection system is an assistive device that can send an alert signal when it detects a fall. The accuracy of the fall detection system can be determined by its specificity and sensitivity. Specificity indicates the accuracy of not detecting a fall in the activities of daily living, while sensitivity indicates the accuracy of detecting a fall when it actually occurs. The primary objective for the use of a fall detector is to reduce the amount of time in which the victim of the fall lies on the floor as the time spent on the floor is considered to be directly proportional to the severity of the fall. Fall detection systems help differentiate a fall from activities of daily living, and prevent depression and improve the quality of life of elder people, who are most prone to fall-related injuries. The fall detection system is primarily used in home care settings and senior assisted living facilities. "

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and adoption of growth strategies. These players have a broad portfolio of products that caters to most regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.

Since the past decade, there have been many companies in the fall detection system market that are largely dependent on their competitive R&D activities. Most of the dynamic players are classified under tier 1 companies, which have presence mostly in various regions worldwide. However, these companies are not extensively engaged in fall detection systems in spite of having a wide portfolio of products covering diverse industries.

The fall detection system market is moderately dependent on innovators, because of the moderate capital requirements and less investment required for the manufacturing and it is not very difficult for new players to enter this market. In addition, there is a high demand for these products; therefore, new players can make steady profits.

As the market poses a moderate threat to new entrants in establishing their footprint, there are many players who are providing fall detection system products and services to end users primarily in the US.