LogicMark Introduces Advanced Fall Detection Technology for Aging Veterans
November 20th, 2024 1:45 PM
By: Advos Staff Reporter
LogicMark Inc. is addressing the high risk of falls among aging veterans with innovative personal emergency response systems, potentially revolutionizing safety measures for this vulnerable population.
LogicMark Inc. (NASDAQ: LGMK) is taking significant steps to enhance the safety of America's aging veterans through advanced personal emergency response systems (PERS). With falls being the leading cause of injury and death among adults over 65, and veterans being particularly susceptible, LogicMark's technology aims to provide crucial protection and independence.
The company's flagship product, the Freedom Alert Mini, utilizes 4G LTE technology and patented fall detection capabilities to automatically alert a 24/7 monitoring center, loved ones, or emergency services in the event of a fall. This device, along with others in LogicMark's suite, offers GPS location services and geofencing capabilities, providing comprehensive safety measures for users both at home and on the go.
LogicMark's initiative is particularly timely, given that 70% of falls occur indoors and over one in five veterans live alone in America. The company's products, including the Guardian Alert 911 Plus and Freedom Alert, are designed to give aging adults the confidence to live independently while offering peace of mind to caregivers and loved ones.
The global fall detection systems market is projected to grow at a CAGR of 7.6% through 2030, driven by the increasing demand for solutions ensuring safety and independence for the aging population. LogicMark is positioning itself to capitalize on this growth, potentially becoming a leader in the market.
This development is significant for several reasons. First, it addresses a critical safety concern for a large and vulnerable population, potentially reducing injuries and fatalities from falls among veterans. Second, it offers a technological solution to the challenge of constant physical monitoring, which is often impractical or impossible for many families and caregivers. Finally, LogicMark's initiative could set a precedent for similar technologies aimed at protecting other at-risk populations, potentially reshaping elderly care and emergency response systems on a broader scale.
Source Statement
This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,