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fall prevention, fall detection

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fall prevention, fall detection

Did you miss a November blog post about tech and older adults?

Tech for an aging population – niche or not.  November is done. But recent announcements about tech and older adults make one wonder about the category. Should it be special, unique, with well-designed hardware by well-meaning and enthusiastic engineers? That sounds good – but is it?  The oldest baby boomer turns 76 in January 2022.  That sounds old.  Does that place baby boomers squarely in the ‘I had a grandmother who fell down’ design target?  The PERS industry, maybe a cash cow for persistent resellers, has actually not grown in the past four years – market sizing numbers have been stable at around $1.5 billion. But consider other trends -- the older population has grown, the Apple Watch was introduced and fall detection apps are available from Best Buy and FallCall, Philips Lifeline withdrew, Amazon has partnered with Vayyar (radar-based fall detection) in Alexa Together. What was once a sizable niche may actually be a hanging-on, but low growth market for the foreseeable future.  Blog posts from November:

SMK and Israeli Company EchoCare Contribute to Reduce Accidents in Bathroom

08/27/2021

  SMK Corporation(President, CEO and COO: Yasumitsu Ikeda, hereinafter referred to as SMK)provides solutions for the problems in the bathroom with “Radar based monitoring system” which EchoCare Technologies Ltd. (CEO: Rafi Zack, hereinafter referred to as EchoCare), an Israeli company with which SMK has a capital and business alliance, has developed.
 SMK will initiate sample sales of “Radar based monitoring system” in October 2021 and aims to launch mass production in the spring of 2022.

Problems in the bathroom

FallCall Solutions’ Smart Fall Detection Adds AI-Powered Monitoring

08/11/2021

August 11, 2021 - Trumbull, Conn. – FallCall Solutions announced that it will deploy FallNet: machine learning technology that detects and notifies users of abnormal nighttime sleep and ambulation events associated with increased fall risk. Users and Caregivers can share the information to potentially reduce the incidence of future falls.

Covid-19 pushed technology access for older adults to the top of the national priority list

01/11/2021

The 2021 release of the Market Overview of Technology for Aging sharpens the focus on older adults and their technology needs in this post-pandemic year. It took the aging of the 73 million baby boomers, a pandemic emergency, and investor interest to transform a 2009 market niche into this 2021 $30 billion market category. In 2021, the market will focus less on products specifically designed for older adults and far more about marketing existing offerings as useful to them.

First-of-Its-Kind Smart Fall Detection Technology Offers Older Adults a Smarter Way to Age in Place

01/07/2021

TRUMBULL, Conn., Jan. 7, 2021 /PRNewswire/ -- FallCall Solutions announced it will release FallCall Detect, patented technology that combines the power of smart fall detection with a comprehensive personal emergency response system (PERS). The technology will be showcased at CES 2021 in the AARP Innovation Labs booth from January 11-14.

UnaliWear: The Unsolved Problem - We All Fall Down

UnaliWear sponsored White Paper about the problem of falls among older adults and how the Kanega Watch can help.

Pendent medical alerts evolve – and will disappear

Surprise (maybe) – Philips puts Lifeline business up for auction.  How do I know this? Not from any news article other than PERS Insider, a newly created newsletter for those who track the medical alert industry.  Probably given the Q1 profit drop, they had to do something about the steep revenue decline of their Personal Health businesses.  You may not remember that Philips acquired the Lifeline business in 2006 for $750 million.  What did they get for that investment? The leader in the “Medical Alert/Medical Alarm/PERS space.” You pick the term -- or let the search engine do it in order to show you each paid ad after paid ad.

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