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12/11/2018

The US has an epidemic of loneliness among baby boomers.

12/08/2018

AI, sensors, Amazon’s Alexa could help keep costs down.

12/06/2018

Home care companies increasingly are requiring non-compete agreements.

Market Overview for Technology for Aging in Place

Monthly blog archive

How the media loves to talk about loneliness among older adults

Shall we take this WSJ article at face value? Rant on. From yesterday’s Wall Street Journal – pops up a dramatic headline, The Loneliest Generation, describing how baby boomer Americans, more than ever, are aging alone. Did you know that ‘social isolation’ has become a named baby boomer health condition, spiking Medicare costs by an additional $134 per enrollee – tucked into the list that includes arthritis (+$117 of cost) and diabetes (+$270), source AARP?  Most of that additional spend was on nursing facilities and additional hospitalization.  Hmm.  What’s wrong?

Why talk to devices?  Because it is both possible and compelling

Who can and will be talking to their technology?  Quite a few people will, though it is hard to get a real number – which is ironic, since Amazon, Google, Apple, Samsung, etc. all know how many they have shipped. And they also know how many devices are back-ordered.  Maybe believe this one: could there be 50 million smart speakers in US possibly with some homes having more than one)?  On the other hand, according to Pew Research, only 66% of the 65+ population (46 million) have broadband access (that is, high enough speed) to enable a smart speaker in the home. Perhaps non-users are in rural areas. Or they live in parts of regions, according to Microsoft, that are significantly overstated by the FCC as having broadband.

Four Health and Aging Technology Blog Posts from November 2018

A short month saw plenty of food – and provided food for thought.  Many (54 million!) traveled during the US Thanksgiving holiday, according to AAA.  It was month to think further about concepts introduced in October about caregiving technology – why is it so unclear what it is, who makes it, what is the form factor for presenting it and how should people be using it?  (More on that in future posts.)  Meanwhile, some thoughts about living to 100 – despite the endless repetition about shrinking life expectancy in the US, those that live past age 65 may last another 30 years…or more.  Perhaps this is a major factor in why older adults defer making moves to senior living?  (Just a thought.) More from the month:

That time of year -- considering technology gifts for older adults

Warning -- this is not a blog post about what to give to seniors. There are plenty of click-bait websites topping the search list, like Holiday Tech Gift Ideas or the lengthy Amazon tech gift list or even a list described as The 7 Best Tech Gifts to Buy for Seniors -- really? Maybe these are the perfect gifts – or perhaps for some family members, the DailyCaring list is appropriate. Among all these lists, there might be some intriguing items that could be welcome, if not necessarily practical. Don’t forget a set of portable batteries – extremely useful for all these devices during power outages. Okay that is enough about the What – and For Whom.

Living to 100 – will technology matter – and for whom?

What is the likelihood of living to 100 for older adults? Greater than you think – can you imagine that that by 2050, the number will grow from 72,000 to 1 million in the United States – in Canada, centenarians are the fastest-growing age group.  Today there are 450,000 centenarians worldwide – with the longest disability-free life expectancy found in Okinawa, Japan. Is society ready to accommodate double the number of seniors who will be living to 100 and beyond?  What will the experience be like – today’s centenarians offer a clue to how they came to live as long – genetics, healthy lifestyle, marital status. What these individuals were not, however, is socially isolated, as many of today’s boomers may be.

Apple’s walled garden bites the wallet – but is the world of ‘free’ better?

Check out this startling sampling of Apple user complaints...Rant on. ZDNet published a list of Apple complaints posted on Reddit (which has an Apple forum of more than 800K members) – the list was eye-opening and filled with rage about (storage, connector, power) limitations. Oddly, in the center of the online article was an iPad ad. One commenter compared the Apple customer experience to buying a high-end Audi and discovering that the price did not include tires. Today Apple has 44.3% market share phone ownership – compared to Android’s 54.5% (led by Samsung and LG).   Users feel locked into Apple's ecosystem, but some commenting said it was easier to switch than people believe. Phone replacement cycles are lengthening, due to high prices for new phones coupled with apparent (or fixable) durability of existing devices.

Five technologies from 2018 Aging 2.0 Optimize

Interested in innovation in the age-related market?  You are based in the west coast or needed to be there to do other business?  Then you may have attended Aging 2.0’s annual Optimize event this week in San Francisco to hear Dr. Joseph Coughlin of the MIT Age Lab describe his insights about the Longevity Economy. And you may have viewed the pitches for partners, spoken with investors, and learned about Aging 2.0 progress in meeting its 2017-identified Grand Challenges -- augmented in 2018 with two additional, Care Coordination and Engagement. In addition, OhmniLabs won the Global Startup Competition. With that as context, here are five startups that exhibited at Aging 2.0 this week – all material is drawn from the firms' own sites:

Six Health and Aging Technology Blog Posts from October 2018

October – autumn leaves drift down and large events gear up.  Traversing the trade show world, so much tech, so little time. And other shows await, including Aging 2.0 Optimize in California, GSA in Boston, Innovations in Longevity in DC (see you at there!) all ahead in the remains of the year of 2018.  For each of the trade show events, look for startup garages and innovation sections grouped at the back or on the side of convention centers. Study the exhibit halls online if you can’t be there in person.  Show organizers want you to find new companies – and some may be the most innovative ones you encounter in the entire event.  Here are six blog posts from October 2018:

Aging in place -- big talk, but do people really believe it?

Who doesn’t want to live in their 'forever' home? After all, AARP has surveyed us for 2018 – staying there is apparently what 76% want, though only 59% expect that they will.  But responders also know that you can’t always get what you want. Concerns included the need for transportation regardless of physical status, ability to stay active in the community, and availability of hospitals nearby (though that 911 call can fail to find us).  And no, ride-sharing and self-driving cars are not viewed as panaceas.  We know many of the reasons older adults will leave their homes – families and the draw of grandchildren pull them nearer; a spouse dies; the home itself is too costly to keep.  

Five new technologies from LeadingAge Philadelphia 2018

From AAHSA to LeadingAge.  In 2010, this association was renamed LeadingAge – from the Association of Homes and Services for the Aging – a mouthful, shortened to AAHSA. As it was at first encounter in 2009, it is an association of faith-based and non-profit senior living and aging-related services. A rhetorical question, does LeadingAge, the association and event organizer, lead in the world of aging services? 

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Latest Trends

Harvard, Senior housing: Older Americans face challenges, Nov, 2018

AARP: Job opportunities for older workers, October, 2018

AARP: 2018 Loneliness and Social Connections, September, 2018

2018 Home and Community Preferences of Adults, August, 2018

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Market Overview, Technology for Aging in Place, 2018

The Future of Voice First Technology and Older Adults, 2018 

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MedCity News: Voice Tech is Coming to Healthcare, October, 2018

Next Avenue: How Technology Can Help Us Age in Place If We Let it, Sept, 2018

Hartford Funds: How Talking to Devices Will Transform Life After 65, July, 2018

Voice, independence-focused technologies drive aging in place forward, June, 2018

The Thrive Center Unlocks an Innovation Hub for Senior Living, February, 2018

Net Neutrality Rollback Raises Concerns for Senior Living, December, 2017

US News & World Report: Tech to Help Americans Age Better, Oct, 2017

MoneyWatch: 10 smart home features to help you age in place, Oct, 2017

Best Buy Bets on Adults Remotely Monitoring Their Aging Parents, Oct, 2017

Next Avenue Names its Top 50 Influencers in Aging, September, 2017

Health Tech's 2017 Must-Read IT Blogger List, July, 2017

Pew: Older Generations Embrace Digital Life, May, 2018

Pew: Social Media Use in 2018

Pew: Who uses the Internet, Broadband, March 2018

View All Trend Studies/Reports

View Our Research Reports 

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IG Living: The Silver Tsunami and Aging in Place, February, 2018

AARP Explores Tech Platforms Designed for Family Caregivers, January, 2018

Front Porch: Amazon Alexa Pilot, December, 2017

Pew: Nearly half of Americans use digital voice assistants, December, 2017

Medicare Spends More on Socially Isolated Older Adults, November, 2017

 

 

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