Market Overview for Technology for Aging in Place

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fall prevention, fall detection

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fall prevention, fall detection

Six new technologies for older adults – July 2019

More smarts are moving into tech for older adults. AI capabilities combined with a Voice First interface is increasingly expected – and so they are part of new offerings to help older adults, bothliving at home or in senior living communities. Will older adults be comfortable with them?  Will they be used effectively to help them remain as safe, independent and/or well as possible? These remain to be validated, but between the smarter homes and the smart devices, we are heading into another wave of innovation.  Here are six technologies (alphabetical order) entering the space – information is drawn from firm websites:

Ten technologies that can help with fall detection in 2019

The more things change…Who would have thought that fall detection would be added to a hearing aid?  Or that Apple would produce a watch with built-in fall detection, automatically activated for the 65+? A decade ago, before our very first Market Overview, Halo Monitoring launched a wearable fall detection chest strap, realizing the press-the-button PERS devices might not be enough to keep older adults safe – what if they weren’t wearing it?  That dilemma, of course, has helped drive some innovation in the medical alert industry, estimated at $3 billion annual revenue. In fact, MobileHelp, one of the first mobile PERS devices, acquired Halo Monitoring in 2012 – a good move for both, especially since by 2012, it was clear that fall detection by itself was not yet a market category hit.

BlueStar SeniorTech Partners with Bellpal

01/29/2019

Rockville, MD (December 7, 2018) — BlueStar SeniorTech announced today that it will partner with BellPal of Sweden to provide BellPal’s unique medical alert system in the United States. BellPal provides a discreet, simple, and stylish watch to keep families and their loved safe and connected in the event of an emergency.

Ten More Technology Offerings from CES 2019 -- Beyond Gadgets

CES 2019 – Gone but certainly not forgotten. Multiple blog posts and articles have surfaced since CES 2019 – including some offerings that should be recapped here. No doubt they would have been viewed in person with more time and better tennis shoes at the Sands Convention Center. There was ANOTHER convention center (LVCC) and various hotel events that remained sight unseen. The important insight about CES is that while some offerings were played in a previous year, the networking opportunity for innovators was too good to miss and so many returned.  Here are ten more, in alphabetical order:

FallCall Solutions granted patent for detecting and discriminating severity of falls

12/06/2018
 “For over a decade, I have treated fall victims who were sadly found hours to days later because they did not wear or own a medical alert system,” states trauma surgeon and President of FallCall Solutions, Shea C. Gregg, MD. “Our quest to invent a new fall detection system began years ago, but we needed a device that was wrist worn, had plenty of processing power and was attractive to the masses.  It was the advent of smartwatches that gave us the inspiration we needed.  In my mind, this was the beginning of a revolution in the traditional medical alert ecosystem.”
 

New Technology Offerings for Caregivers and Families

As summer winds down, innovators rev up.  August is winding down -- the calm before the autumn slew of activity.  Nonetheless, new milestones and partnerships were announced this month, including Embodied Labs becoming a finalist for the Top8 XR Education Prize sponsored by the Bill  Melinda Gates Foundation,  MedMinder reaching 1433 on the Inc5000, the acquisition of GreatCall by BestBuy, and MobileHelp announcing a partnership with LifePod.  And four companies released new offerings to help professional and family caregivers improve monitoring and well-being among older adults:

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