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Market Overview for Technology for Aging in Place

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baby boomers

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baby boomers

For older adults, trends that happen in California stay in California

Pew just offered up a trend-hype reality check.  RANT ON. To read the click-thirsty media hype you would think that the 'gig economy,' aka sharing, on-demand, or pick-your-term whatever, was a solution to world hunger -- or at least transportation, pollution and car maintenance costs.  Who would have thought it was powered by old people? Was this aggrandizement of all things 'sharing' based in reality? Per new Pew study, maybe not.  Oh yeah, in Silicon Valley and for its acolytes, the 'idea' has fueled bubble boys Tweeting re-orders of ping-pong tables.  But beyond the California border -- it turns out the sharing economy has not exactly taken the aged 50+ world by storm. Or any of the world, actually.

Towards five characteristics of health tech market maturity

Five characteristics of health tech market maturity...for a mature market. What would boomers most want to have as key characteristics in the tech world of boomers/seniors? Here’s a starting list – comments welcome. 1) Their privacy is well protected by their insurers, doctors, software, social network and device makers; 2) Their health information is well-integrated into the multi-company health provider world – no need to carry around those CDs of EHRs); 3) Trends in their health patterns are noticed by care providers who use predictive analytics to note possible problems); 4) Boomers do less driving to specialists, more remote consultations, which are appropriately reimbursed through Medicare; 5) Fitness gadgets are replaced by well-being devices and systems.

MyFitnessDog -- the future of boomers, pets, and technology

New York State catches up to the dining habits of boomers and their pets.  In June this past year, the state legislature in New York passed a bill to will let diners bring their dogs into the restaurant, imitating practices in California, Europe and elsewhere and overturning prior rules, if not actual practice. Thirty-seven percent of baby boomers own a pet, dare we say that might be a dog? Or two to three dogs?  It seems pretty simple now to acquire an emotional support letter that bypasses the rules prohibiting pets on planes that are not trained service dogs. And a number of major retailers (store manager willing) now permit dogs inside the store.  Apartment buildings and hotels now have dog-friendly specials (the Westin Heavenly Dog Bed) and even dog-friendly cocktail hours.

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Health tech and the Aging-Related Technology Boomlet-to-be

Digital Health became Health IT when you weren’t looking.  Even as most caregivers become reliant on online information in 2016, the sources of that information are migrating their way to Health Tech, so says MobilHealth News. And just in time, as the funding bubbles appear to be bursting in later stages, reliability of some wearables has been questioned, and the information disclosed to third parties (like insurance or health-related companies) may not be well understood by the consumer.  

What's Next Boomer Business Summit Announces Programming Details, Keynote Speakers, And More For 2016 Event

01/26/2016

SAN FRANCISCO, Jan. 26, 2016 /PRNewswire/ -- What's Next Boomer Business Summit, the nation's leading annual conference for the boomer and senior markets, is excited to announce programming details for this year's event being held on March 23, 2016, at the Omni Shoreham Hotel in Washington, D.C.

From age-specific and age-unaware toward age-friendly design

The lens used to view age sees a different picture. Population segments can be broad. Baby boomers, for example, now span aged 51 to 70, and people in the youngest segment may not feel they have anything in common with the oldest. On the one hand, a 70 year old with a disability may fit directly into the awkward dual goals of the CTA Foundation: "It was established with the mission to link seniors and people with disabilities with technologies to enhance their lives." In that case, an Age Suit may help (young) marketers better understand physical limitations. On the other hand, the mission of AARP is broad, "which enhances the quality of life for all as we age. We champion positive social change and deliver value through advocacy, information, and service." Grantmakers in Aging has an audacious goal: "by 2019 – for 20% of all philanthropy to go to aging."

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