At 13.0% CAGR, Europe Fall Management Market is Projected to be worth US$ 134.34 million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Europe fall management market was valued at US$ 50.60 million in 2023 and is expected to reach US$ 134.34 million by 2031, registering a CAGR of 13.0% from 2023 to 2031. Awareness programs for fall prevention and increasing preference for home care are among the critical factors attributed to drive the Europe fall management market growth.

The fall management market is expected to grow with the soaring awareness of the necessity of fall prevention among healthcare providers, patients, and families. In 2024, Redbridge Council collaborated with Care City and technology suppliers to implement fall detection and prevention technologies in care homes, extra-care facilities, and residents' homes. This initiative is being carried out in partnership with the local falls team and reablement services. This partnership aims to develop an Assistive Technology (AT) model for the Redbridge borough. It is also engaging with frontline teams and residents to test different solutions and determine what works best. Additionally, educational campaigns emphasizing the risk of falls and the significant repercussions have motivated healthcare facilities to emphasize fall prevention programs. The Prevention of Falls Network for Dissemination (ProFouND) is a European Commission-funded initiative focused on promoting best practices in fall prevention across Europe. It aims to influence policy and raise awareness about falls and innovative prevention programs among health authorities, the commercial sector, NGOs, and the public. ProFouND facilitates communities of interest and shares its work with target groups throughout the EU. Additionally, the FallSensing project evaluates fall risk factors and implements personalized exercise plans while providing biofeedback. Data from these evaluations are stored in a medical record platform, allowing healthcare professionals and caregivers to track users’ progress and adapt exercise plans as needed. The FallSensing system offers technology for screening and monitoring fall risks in the elderly, along with prevention programs. Designed to be simple, portable, and cost-effective, it is accessible to at-risk individuals. Co-funded by Portugal 2020, this three-year project (2015-2018) involved Sensing Future Technologies, Fraunhofer AICOS, and ESTeSC Coimbra Health School, with over one million euros invested to ensure commercial viability. Therefore, the change toward proactive care highlights the importance of efficient fall management systems, ultimately creating market prospects for businesses that offer novel products designed to fulfill these growing expectations.

On the contrary, the lack of trained physicians hampers the growth of Europe fall management market.

Based on products, the Europe fall management market is segmented into sensor pads, floor mat, hip protectors, alert systems, communication devices, and other products. The alert systems segment held 29.3% market share in 2023, amassing US$ 14.80 million. It is projected to garner US$ 41.66 million by 2031 to register 13.8% CAGR during 2023–2031.

In terms of application, the Europe fall management market is categorized into fall detection systems, fall prevention equipment and post-fall monitoring and response systems. The fall detection systems segment held 49.4% share of Europe fall management market in 2023, amassing US$ 25.02 million. It is anticipated to garner US$ 73.90 million by 2031 to expand at 14.5% CAGR during 2023–2031.

By age group, the Europe 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 69.7% share of Europe fall management market in 2023, amassing US$ 35.26 million. It is projected to garner US$ 96.87 million by 2031 to expand at 13.5% CAGR from 2023 to 2031.

Based on end user, the Europe fall management market is categorized into hospitals and clinics, nursing home, home care settings, and other end users. The hospitals and clinics segment held 43.9% share of Europe fall management market in 2023, amassing US$ 22.21 million. It is predicted to garner US$ 59.13 million by 2031 to expand at 13.0% CAGR between 2023 and 2031.

In terms of country, the Europe fall management market is categorized into the UK, Germany, France, Spain, Italy, and the Rest of Europe. Our regional analysis states that Germany captured 27.1% share of Europe fall management market in 2023. It was assessed at US$ 13.74 million in 2023 and is likely to hit US$ 37.50 million by 2031, registering a CAGR of 13.4% during 2023–2031.

Key players operating in the Europe fall management market are 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.

• In June 2024, Milestone Retirement, one of the fastest-growing senior living operators with 100+ years of combined industry and hospitality leadership experience, announced their decision to expand SafelyYou, the leader in empowering safer, more person-centered care across senior living through world-leading AI, industry-changing hardware, and remote expert clinicians. With the expansion, SafelyYou will serve 10 additional Milestone communities.
• In February 2024, MorningStar Senior Living, a leading developer, owner, and operator of exceptional retirement communities announced its decision to expand SafelyYou. SafelyYou, a leader in fostering safer, more person-centered care in senior living through advanced AI, innovative sensors, and remote expert clinicians, will now be implemented in the Memory Care neighborhoods of 32 MorningStar communities.

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