North America Fall Management Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis

The North America Fall Management Market size is expected to reach US$ 300.79 million by 2031 from US$ 103.59 million in 2023. The market is estimated to record a CAGR of 14.3% from 2023 to 2031. 

Executive Summary and North America Fall Management Market Analysis:

The North America fall management market is witnessing substantial growth, driven primarily by the increasing aging population and a growing awareness of fall-related injuries. Falls are a leading cause of injury among the elderly, and with the rise in life expectancy, the need for effective fall prevention and management solutions has become more critical. This has led to greater demand for fall management products and services, particularly in healthcare settings such as hospitals, nursing homes, and assisted living facilities, as well as in home care environments. Technological advancements in fall detection and prevention systems are playing a significant role in shaping the market. Wearable devices that monitor movements and detect falls, along with smart home systems, are becoming more widely adopted. These technologies help identify falls in real-time, enabling immediate responses and reducing the severity of injuries. Additionally, fall management solutions are evolving to include a range of products such as mobility aids, bed alarms, and floor mats, designed to prevent falls and minimize the risks. The healthcare sector is a major adopter of fall management technologies, with hospitals and care facilities implementing fall prevention programs and training to reduce the incidence of falls among patients. Many institutions are also working to improve their fall-risk assessment protocols and offer personalized care plans for those at higher risk. Home healthcare services are expanding as more people prefer receiving care in familiar surroundings, further driving demand for fall management solutions. Government initiatives and healthcare policies are also supporting the market’s growth, with various programs focused on fall prevention and promoting safer living environments. As awareness continues to grow and technological innovations improve, the North America fall management market is expected to expand, providing enhanced safety and care for vulnerable populations.

North America Fall Management Market Strategic Insights

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North America Fall Management Market Segmentation Analysis

Key segments that contributed to the derivation of the fall management market analysis are products, application, age group, and end user.

• By products, the fall management market is segmented into sensor pads, floor mat, hip protectors, alert systems, communication devices, and other products. The alert systems held the largest share of the market in 2023.
• In terms of application, the North America fall management market is categorized into fall detection systems, fall prevention equipment and post-fall monitoring and response systems. The fall detection systems held the largest share of the market in 2023.
• By age group, the North America fall management market is bifurcated into elderly population (65 and above years) and adults (18-64 years). The elderly population (65 and above years) segment held a larger share of the market in 2023.
• Based on end user, the North America fall management market is divided into hospitals and clinics, nursing home, home care settings, and other end users. The hospitals and clinics segment held the largest share of the market in 2023.

North America Fall Management Market Outlook

As per the World Health Organization (WHO), falls are the second leading cause of unintentional mortality and may lead to immobility and nursing home admissions. Moreover, the WHO reported that ~37.3 million falls occur every year that need medical support, and an estimated 684,000 individuals die from falls globally, with over 80% of these deaths occurring in low- and middle-income countries. The Centers for Disease Control and Prevention (CDC) also refers to falls as a prominent factor affecting people aged 65 or more by causing severe injuries. Above 14 million, i.e., 1 in 4 older adults, report suffering falls of varying intensities each year. According to a report published by the Population Division of the United Nations, the geriatric population of the world was ~600 million in 2021, and the number is further expected to reach 2 billion by 2050. As per WHO, by 2030, one in six people worldwide will be 60 years or older. At that time, the population in this age group is projected to increase from 1 billion in 2020 to 1.4 billion. By 2050, the number of people aged 60 and older will double, reaching 2.1 billion. Additionally, the number of individuals aged 80 or older is expected to triple between 2020 and 2050, reaching 426 million. Moreover, according to statistics published by the CDC in 2024, 1 out of every 10 falls results in injuries in older adults that lead to limitations in daily activities performed by them for a day or more or compel them to seek medical attention. Every year, older adults pay ~3 million visits to emergency departments to seek treatment for falls. Additionally, ~1 million fall-related hospitalizations occur annually in this demographic. Falls are also the most common cause of traumatic brain injuries (TBIs).

Therefore, the increasing incidence of falls along with population aging necessitates the development of fall management systems and solutions. The companies are investing in advanced technologies for fall prevention and detection. Securitas Healthcare is one of the companies offering solutions to monitor and reduce patient falls by employing advanced fall alert systems. The company collaborates with trusted partners to enhance patient safety in hospitals by assisting them in implementing effective fall management protocols.

Market players are focusing on providing fall prevention solutions in the healthcare facilities. For instance, in March 2024, HD Nursing, a leader in patient safety solutions, partnered with WellnessMats, a top provider of premium standing solutions. This collaboration was aimed to enhance comfort and safety while reducing fatigue and stress for healthcare professionals in hospitals and health systems.

Therefore, such collaborations and investments by the market players to manage the growing fall incidences is fueling the fall management market growth during the forecast period.

North America Fall Management Market Country Insights

Based on country, the North America fall management market comprises the US, Canada, and Mexico. The US held the largest share in 2023.

Falls are the prime cause of injuries and death among the elderly. Hence, the awareness of fall management solutions and technologies is growing in the US with the increasing geriatric population as the healthcare sector in the country heavily relies on technological advancements to deliver effective treatments and to extend life expectancy further. The Centers for Disease Control and Prevention (CDC) report that ~25% of older adults suffer falls every year in the country, highlighting the urgency of effective fall prevention and management strategies. As a result, both public and private health sectors have ramped up efforts to address fall risks through various initiatives and strategies for raising awareness about the causes and prevention of falls, along with the importance of early detection and response systems.

North America Fall Management Market Report Highlights

North America Fall Management Market Company Profiles

Some of the key players operating in the market include Alimed Inc, Curbell, Inc., DeRoyal Industries Inc, Emfit Ltd, Rondish Company Limited, Smart Caregiver Corporation, TIDI Products, LLC., Securitas AB, Stryker Corp, Alerta Medical Ltd, Medtec Medical, Inc., Bay Alarm Medical, Personal Safety Corp, SafelyYou, Guardman Products Limited, SensorCare, Tunstall Integrated Healthcare Group, Medline Industries Inc, Vayyar Care, and Crest Healthcare., among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

North America Fall Management Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

• Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations.
• Industry trade journals and other relevant publications.
• Government documents, statistical databases, and market reports.
• News articles, press releases, and webcasts specific to companies operating in the market.

Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

• Primary Research

The Insight Partners’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:

• Validate and refine findings from secondary research.
• Enhance the expertise and market understanding of the analysis team.
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects.

Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

North America Fall Management Market Country and Regional Insights