In a world where the number of people over the age of 60 is expected to double to two billion by 2050, Dublin-based startup, Kinesis Health Technologies, has identified multi-million euro opportunities for technology which can be used to reduce the risk of falls in the elderly.

“In the US alone it has been estimated that falls by older adults result in costs of $30bn a year,” said Kinesis CTO and co-founder Barry Greene, adding that his company was the first in the world to develop a product which can accurately predict the risk of falls.