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Market Overview for Technology for Aging in Place

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Nine Finalists from IAGG 2017 Tech Day Pitch Competition

Technology and Aging – One Full Day Component from IAGG 2017.    The International Association of Gerontology and Geriatrics (IAGG) held its World Congress symposia (73 member organizations from 65 countries) last week in San Francisco, "key opinion leaders in health & social services, housing & income support, research & education, public policy, administration & other areas, disciplines, and professions that impact older people and affect their quality of life." As part of the symposia (billed "as the largest world conference on aging"), July 26 was 'Tech Day' and included a pitch event from the following companies.  The winner of the pitch event was Kinesis Health Technologies, and the 'people’s choice' winner was Life Assist Technologies.  Descriptions are from the companies' websites.

Kinesis Health Technologies Wins Start-Up Award in San Francisco

07/28/2017

Dublin, Ireland, 28 July 2017, Kinesis Health Technologies, an Irish health technology start-up, has been declared overall winner of the Tech Day pitching competition, held during the 21st International Association for Gerontology and Geriatrics (IAGG) World Congress which has just ended in San Francisco.

At the World Congress, which takes place every four years, over 6,000 experts in the field of ageing gathered together to share their knowledge on improving the health, welfare, and rights of a growing proportion of the world’s population.

Seven technology offerings from 2017 Silicon Valley Boomer Venture Summit

Startups and pitches – for funding and more.  Last week was the start of a boomer-senior two week marathon – the 2017 Silicon Valley Boomer Venture Summit, Business Plan Competition and associated pre-conference Boot Camps – to be followed this week by TechDay at IAGG 2017.  Here are seven that played a role at the Silicon Valley event in Berkeley, some just (barely, and not yet) starting, some related to the needs, including manufacturing, for startups. The material is extracted from the content of these companies:

Ten Tips For Launching A Product or Service - Updated July, 2017

So you want to launch a boomer/senior, home health tech product, caregiving marketplace, or caregiver advisory service.   Or other.  As your new company gets ready to travel into battle at this week's lively Silicon Valley Boomer Venture Summit pitch event, or the following week, or whenever, it is time to for you to revisit this guidance. Perhaps some time soon, your new or existing company will officially launch its product or service, or perhaps a long-awaited, over-described and much-anticipated offering will finally ship. First read the AARP-sponsored Challenging Innovators or Caregiving Innovation Frontiers research reports -- studying the example offerings and check out their staying power in the market. Then look over this updated checklist that continues to hold true – with a few links that are merely examples:

IGUARDFIRE FINDS A UNIQUE WAY TO HELP DETECT IF SOMEONE HAS FALLEN IN THE HOME

07/01/2017

iGuardFire’s new innovative iGuardStove device shuts off unattended cooking using their patented motion sensing technology and now they’ve introduced the Activity Monitor, as an additional value added feature to the iGuardStove

The Activity Monitor can alert you when it doesn’t see any motion in the kitchen for a 3-hour period.  You can choose to receive either an email and/or text alert after that period suggesting you should check in on your loved one. 

Reflexion Health Wins Home Care 100’s Most Promising New Technology Award

02/21/2017

Home Care 100, the preeminent leadership and strategy conference for top executives from the nation’s largest home care and hospice providers, awarded Reflexion Health with the Most Promising New Technology award at today’s general session.

Aging 2.0 Optimize -- the goal is to accelerate the pace of innovation

It's been a busy week that reflects growing interest in aging and new technologies. Just after the third annual Louisville Innovation Summit, some of the attendees and/or exhibitors dashed to San Francisco for the Aging 20 Optimize event. The founders, Stephen Johnston and Katy Fike, launched Aging 2.0 in 2012 'to pick up the pace of innovation that benefits older adults.' The program includes the Generator Ventures fund, an 'Academy' to cultivate classes annual classes of startups, distributed worldwide events, and competitions that feature finalists who participate in pitch competitions. Their flagship and well-attended Optimize event concluded today in San Francisco – with five of the exhibiting/pitching startups featured below. Information is from their websites or press materials: 

Blue Willow Systems Highlights Wearable Technology for Elders

10/14/2016

Debuted just last month at the prestigious NIC Conference in Washington, DC, Blue Willow is already causing a buzz in the senior living and health care space. In a recent issue of Forbes Magazine (9/28/16), the discussion is around three industries that will be transformed by intelligent technology, including health care. Blue Willow is poised for that revolution.

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