Related News Articles

09/10/2020

Tech for homeowners who can afford it to outfit with tools to monitor health.

09/07/2020

The caregiver platform for competitively priced vetted supplies.

09/03/2020

Push to make telehealth widely available in the future.

09/01/2020

Highly personalized predictive care models which are then prescribed for in-home care.

08/31/2020

The role Voice First can play in professional caregiving.

You are here

2016 Technology Market Overview Report

Updated, February 29, 2016

The marketplace for technology to assist aging adults in the Longevity Economy is expected to grow sharply from $2 billion today to more than $30 billion in the next few years, according to the updated report by Aging in Place Technology Watch, more likely to be based on customization of standard software than creation of senior-specific products. The report provides predictions about key technology trends for 2016 and beyond. Families, caregivers, and seniors will acquire new offerings as services that are combined with persuasive training on how to use it.  The 100-million-strong 50+ market is increasingly aware of technology alternatives according to Laurie M. Orlov, who founded the market research firm in 2009.

Blending both her years of experience and recent in-depth research on the subject, Laurie’s forward-looking study is illustrated with descriptive graphics and 36 new examples of offerings: including new wearables, caregiving apps and more that deconstruct the aging in place model to make companies more in tune with this growing trend.