Market Overview for Technology for Aging in Place

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Family caregivers

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Family caregivers

Parks Associates: 41% of Current Caregivers are Concerned About Social Isolation

08/09/2019

DALLAS, Aug. 8, 2019 /PRNewswire/ -- Parks Associates research finds 41% of current caregivers are concerned about the social isolation experienced by the people under their care.  Caregivers are most concerned about their loved one's declining strength, ongoing health issues, and the potential for accidents and emergencies, which are typically targeted by PERS and other aging-in-place solutions.

LifePod®, the First Proactive-Voice Caregiving Service, Honored with 2019 Caregiver Friendly® Award

07/25/2019

BOSTON , July 24, 2019 (GLOBE NEWSWIRE) -- LifePod Solutions Inc., the groundbreaking, proactive-voice caregiving service, announced today at the Voice Summit 2019 conference (#Voice2019) they have been honored as a 2019 Caregiver Friendly Award recipient in the Services category.

The Venn Diagram of Health, Aging, and Caregiving

You see it in the media and hear about it with investors.  Digital Health is in its bubble of $8.1 billion in 2018,  which amounted to 8.6 % of VC investments, despite limited exit strategies – but investors love it.    Startups focused on the aging/technology space, however, receive only 0.7% of venture capital investment, including the big money ($115 million to date) that has gone to just one company.  (And that company is quietly pivoting to become a home care consolidator/platform company).  Meanwhile, over at the $30 billion (2018) home care market, a worsening shortage of workers in the midst of demand growth, is creating a recruiting near-panic among agencies, senior living firms and families, and produced.

What's Next Innovation Competition Sponsored by AARP Innovation Labs!

03/14/2019

NEW ORLEANS, LA., March 14, 2019 -- This year's 16th Annual What's Next Boomer Business Summiton April 18th in New Orleans, Louisiana, features the annual Business Plan Competition where emerging companies pitch their ideas to a diverse panel of judges for feedback, funding and a $10,000 prize. The Summit includes angel investors, early stage and growth stage firms, and distribution partners all focused on investment in the longevity economy. 

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