Market Overview for Technology for Aging in Place

Related News Articles

06/24/2019

Susan Collins speaks about tech for low vision, fall prevention, social isolation.

06/21/2019

The company expects that figure to grow to 75% by 2025 will be 100 million households.

06/11/2019

In most cases, people say they feel about 20% younger than they really are.

05/31/2019

Sorting out the bigger world of digital health for consumers and patients.

05/25/2019

Device monitoring a number of basic health metrics by way of ambient sensors.

Meet or hear Laurie in one of the following:

CAP Conference, Asheville, NC, Aug 15-17.

Washington, DC, July 23.

National Church Residences, Columbus, OH, September, 2019

AGE-WELL Network of Centres of Excellence, Oct 23, 2019

2019 LTC InsurTech, Silicon Valley, DC, Nov 7, 2019

DC Longevity Summit, December, 2019

You are here

Boomer-Senior Tech Business

Title: 

Boomer-Senior Tech Business

Spotlight at the What's Next Boomer Business Summit

04/10/2019

EW ORLEANS, April 10, 2019 /PRNewswire/ -- And the winner is…Mary Furlong and Associates puts the spotlight on the thought leaders and entrepreneurs in the $7.6 trillion longevity economy by announcing this year's Leadership Longevity Award winners and showcasing the four finalists in the What's Next Innovation Challenge at the 16th annual What's Next Boomer Business Summit conference here on April 18. 

Hearing aid pricing and weak insurance – older adults lose out

You may have seen that rechargeable hearing aid commercial.   What was most striking about the commercial to a hearing industry outsider is the upfront commentary on what sounded like the predatory price of hearing aids – providers “charge whatever they can get.”   Several interesting aspects to that commercial – but the most interesting was that comment.  Who is ‘they’, how much can they ‘get’, and is there insurance that pays for them?  This is in an era where hearing aids have evolved to incorporate embedded AI, fall detection, direct connections for phone calls, and numerous other features and functions.

The Longevity Revolution: How the Rapidly Expanding Aging Population  is Generating Entrepreneurial Opportunities 

04/05/2019

Startup opportunities abound in the new world of tech assisted aging.

As the average life expectancy rises, a massive shift in the demographics of aging is having profound effects throughout the economy. The 50+ year-old population today controls almost 80% of US aggregate net worth. Increasingly tech savvy, this group spends more money online than Gen X and Gen Y consumers combined. As women and men alike redefine expectations for later life, they are leveraging their health and wealth in ways that were unimaginable only a few years ago.

Policy action on aging and technology – let's expect results

Should we expect change from aging-related tech policy initiatives? The answer is yes. Many are chosen, ideas are circulated from a long list of participants -- good ideas are collected and then the initiative is disbanded.  Maybe it is because the government changes a year later, but the net result is that recommendations appear, but measurements of status or success may not.  A good example from the past 3 years: the PCAST report, summarized in an ASA publication by David Lindeman: 'Independence, Technology, and Connection in Older Age."  A prior report recommending change in the hearing technology industry may have contributed to or encouraged the sale of PSAPs and the introduction in 2018 sale of over-the-counter hearing aids – and may have encouraged additional categories of hearing aids and the growth of interest in 'hearables.’  So to the degree that there is a connection, that’s a good outcome.

Focus on Technology for Older Adults Sharpens in 2019

2019 Technology Market Overview is online this week. When assembling the 2019 tenth anniversary version, it was apparent that this year reflects change -- in the supply-demand balance in the overbuilt senior housing market, in policy changes driving health care services into the home, in market forecasts, and in the mix of vendors who serve the market.   It's in many ways a good-news/bad-news story.  Awareness is growing about an aging demographic, working longer and with longer life expectancy than previous generations.  At the same time, the technology market continues to expand in complexity, privacy and interoperability issues, while not effectively lowering cost of access or prices of useful devices -- and not necessarily boosting the availability of training on their benefits or use.  Here are four updated premises from the 2019 Market Overview of Technology for Older Adults:

Pages

Subscribe to RSS - Boomer-Senior Tech Business