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Market Overview for Technology for Aging in Place

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Caregivers don't really want caregiving technology or platforms

AARP/Catalyst study from 2016 matches results from the past.  Assume you can get past the demographics of the AARP Catalyst study -- which were well-described, but vague about the characteristics of the care recipient.  "More than three-quarters say they are interested in technology that helps them check on or monitor a loved one. Available technologies are in use by only 10% of caregivers. Caregivers say these technologies, while attractive in principle, are too costly and complex, and therefore not worth the investment of time and money."  Haven't we heard this before? Remember Caregiving in the US, 2009, when interest in technology was also 'high'? In the Catalyst study, current use rates were low: 71% said they they were interested in using technology, only 7% of caregivers are already using or have used technology available in the market. Greatest interest noted? Technology for requesting and ordering a prescriptionnrefill/pickup.

Five New Technology Offerings for Aging in Place – April, 2016

Home is where seniors are, and for the most part, will stay.  But that doesn’t mean they will be shut out from technology innovations – increasingly those innovations are designed to benefit those at home. Increasingly, those organizations that serve older adults must also stay current on new technology developments and assess their fit for the care recipients they serve.  Categories of these April offerings include transportation, medication, housing, robotics, and tracking -- information is derived from the companies.

Five new technology offerings for Aging in Place - March 2016

Staying up-to-date by rounding up recent announcements.  As the recently published 2016 Technology Market Overview noted, most older adults will remain in their own homes, served by home/companion and home healthcare providers and assisted by a variety of tech-enabled products and services. Over the past month, new offering announcements have that can help seniors, care providers (family and professional) meet the objective of remaining at home. Here are five, noting as always, that all material is provided from the websites/announcements from the companies themselves.

HERO, A Smart Home Appliance For You and Your Loved Ones

03/09/2016

(NEW YORK)—HERO, a Brooklyn-based health technology company, debuts the HERO smart appliance, the world’s first household companion for managing vitamins and medicines. HERO is now available for pre-order at an early bird price of $399 at herohealth.com. HERO is built in Brooklyn and expected to ship in early Summer 2016.

Five New Technology Offerings for Aging in Place - Feb 2016

Consider this a heads up about new technology-enabled options for older adults.  Sometimes it is helpful to know about offerings before or just as they are being released, if only to look for their availability in the future.  The five interesting offerings that are noted below are all going to be available within the next six months, possibly sooner.  Each in its own way strives to solve a problem experienced by older adults or those who serve them:

Five technologies from LeadingAge 2015 Annual Meeting in Boston

An age-friendly event in young Boston. Last week, LeadingAge returned to Boston after an absence of 23 years, now that the city has a convention center that can hold the 8500 attendees. Perhaps more remarkable, is the desire of the city to become age and dementia-friendly, as opined by the Mayor, Marty Walsh, who received a citation for such efforts. For convention attendees, that may need some more work. The pedestrian walk time duration near the convention center was just enough time to (walk quickly) and only reach the road's median. No surprise – as the town is for the young, and this new area was likely designed by them: Boston's median resident age is 31.7. The event exhibition hall was the expected mix of food service providers, furnishings, bathroom supplies, technology suppliers, and health-related products for the senior living industry.  There were quite a few sizable technology companies known in the CCRC/Senior Housing market, including CDW, Stanley Healthcare, Panasonic, LG CNS, Hamilton CapTel, IN2L, SimpleC, Care Innovations. Here are just five new technologies drawn from the event, with the material from the company websites:

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