Falls are the leading cause of injury and accidental death among adults over 65 in the U.S., causing an average of 74 deaths every day.
This public health concern has never been sufficiently addressed by traditional methods, as shown by the rising prevalence and cost of falls over the last 20 years - despite prevention efforts.
As the aging population continues to grow, the prevalence and coinciding cost of falls will continue to rise. Some authors have noted that falls in the U.S. are “taking the shape of an epidemic.” Further, we believe falls can be considered a chronic condition.
Numerous studies have delved into different factors that contribute to falls, but previous fall prevention strategies have primarily responded to known cases. It's crucial to adopt proactive methods that can avert potential fallers from entering the known faller category and reduce future risk for individuals at lower risk levels.
The following report explores how balance can naturally deteriorate with age and the subsequent increase in risk of falls and associated costs in the United States. At the end, it will discuss how Nymbl’s scientifically proven solution is the most effective route to preventing falls and reducing falls cost in the market.