Falls stand as the primary reason for injuries, early admission to care facilities, and persistent disability among elderly populations globally. In the United States alone, a fall-related death occurs approximately every 19 minutes. According to the Centers for Disease Control and Prevention, each year, around 3 million individuals aged 65 and above seek emergency room care due to fall-related injuries, incurring an average expense of $30,000 per case. The total annual expenditure on fall injuries surpassed $50 billion in 2015. Medicare and Medicaid shouldered 75% of these costs.

Revolutionizing Aging: RENOVAHEALTH® Takes the Lead in Redefining Healthcare for Older Adults Through Cutting-Edge Technologies - According to the US Centers for Disease Control and Prevention, in 2019, 54.1 million US adults were 65 years or older, representing 16% of the population. By 2040, it is estimated that the number of older adults 65 years and older is expected to reach 80.8 million and 94.7 million by 2060, representing 25% of the US population.