Here is some research presented by NCOA about falls and older adults.

According to the U.S. Centers for Disease Control and Prevention (CDC) and other falls research:  

• More than one out of four Americans age 65+ falls each year.
• Falls are the leading cause of fatal and nonfatal injuries among older adults.  
• The cost of treating injuries caused by falls is projected to increase to over $101 billion by 2030.
• Falls result in more than 3 million injuries treated in emergency departments annually, including over 800,000 hospitalizations. 
• In 2015, the total cost of non-fatal fall injuries was $50 billion.  
• Each year about $754 million is spent on medical costs related to fatal falls.
• For older adults in the U.S., fall death rates went up by 30% from 2007-2016, and researchers predict there will be 7 deadly falls every hour by 2030.
• People with mild hearing loss are nearly three times as likely to fall, with each 10 decibels of hearing loss increasing falls risk.

Falls, with or without injury, also carry a heavy quality of life impact. A growing number of older adults fear falling and, as a result, limit their activities and social engagements. This can result in further physical decline, depression, social isolation, and feelings of helplessness.