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Washington, DC, December, 11-14, 2017

 

Market Overview for Technology for Aging in Place

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seniors and aging policy

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seniors and aging policy

The Nation’s Older Population Is Still Growing, Census Bureau Reports

06/22/2017

The nation’s population has a distinctly older age profile than it did 16 years ago, according to new U.S. Census Bureau population estimates released today.

New detailed estimates show the nation’s median age — the age where half of the population is younger and the other half older — rose from 35.3 years on April 1, 2000, to 37.9 years on July 1, 2016.

Older adults and technology – the latest news they cannot use

What problem is being solved? Consider the solution to slightly thorny and REALLY thorny problems. Do you wonder about the thought process that produces them – isolated in a conference room bubble, what are the thinkers considering before these announcements?   Must a misfire (or multiple misfires) precede the right solution? And shouldn't the solutions be of a scale (large or small) that fits or sounds like it fits the problem?

Five hearing tech announcements that could benefit older adults

Hearing technology advances -- the hearing aid industry considers changing. It’s a positive when you see disruption of industries that have too tight a lock on the consumer, whether it is in categories of health insurance, telecom carriers or hearing aids.  You spend time with people everywhere you go – those with significant hearing loss but no hearing aids; they have hearing aids, but hate to wear them.  According to a recent NY Times article, two-thirds of adults over 70 have hearing loss that warrants hearing aids, but only 15-30% of those wear them – and at $5000 a pair, no wonder. In recent years, personal sound amplification products (PSAPs) that are not classified as hearing aids and thus do not require the audiologist role, though the FDA may change that. Just asking, if the device is called a ‘Wearable’, does Silicon Valley find it more worthy of funding? But anyway. In July, Consumer Reports published an explanatory guide that should be required reading for organizations that serve older adults. It would seem to be the wild west of innovation.  Here is a sampling of five recent product announcements:

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