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Market Overview for Technology for Aging in Place

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GrandCare Systems and CoroHealth Announce a Harmonious Collaboration

11/02/2011

West Bend, WI – November 2, 2011 – GrandCare Systems and Coro Health today announced a strategic collaboration to integrate Coro Health’s Streaming Music into GrandCare’s fully-featured remote activity of daily living monitoring, telehealth and socialization system.  The result is a harmonious experience: giving the GrandCare customer a deeper level of musical entertainment, passion and familial communication.

Long-awaited GPS footware will enter a different world

For wanderers and caregivers – another long-awaited device. Beware of pre-announcements. So GTX has announced that the long-awaited GPS shoe (let's call that 'footware') will be available in October (that’s now!) for $299, enabling a geo-fence to be set for the wearer, alerting when the shoe travels outside of the specified area. From the NY Times article, the argument for the GPS shoe came from Andrew Carle, the coiner of ‘Nana technology’ and a professor at George Mason University. He suggested the idea to Aetrex, the shoe manufacturer, which first announced that it was going to begin product testing in 2009.   I got pretty excited by that in 2009, but after placing a call every six months to learn that it was not available, I gave up.

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What if dementia is not destiny for the oldest old?

Something different -- a positive study of aging and cognitive decline.  Last week in the midst of worse and most worse economic news, USA Today published the results of a decade-long study through Duke, Harvard and others that tracked 1049 older adults age aged 56-102 who at the beginning of the study showed no signs of dementia.  At the end of the study, two-thirds of the participants showed at most only “slow cognitive decline,” not the level of decline typically associated with requiring assistance or medical care. Why is this interesting? Remember the often-quoted statistic that nearly 50% of seniors aged 85+ suffer from Alzheimer’s? This study undermines that estimate and therefore the domino effect of the assumptions that are derived from it.

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VICON LAUNCHES NEW REVUE 3MP CAMERA

07/11/2011

11 July 2011, Oxford, UK: Vicon, developer of motion capture products for the life science, engineering and entertainment markets today announced the launch of its new Revue 3MP camera. Based on Microsoft’s SenseCam technology, Revue 3MP now has four times more storage, a three megapixel sensor and a new affordable price of £299.

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