Market Overview for Technology for Aging in Place

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Technology - AARP

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Technology - AARP

Four tech and aging blog posts from September 2019

Fall and red leaves arrived as typical late in the month.  But as inevitable as those changes are, other notable events occurred during September – including AARP’s partnership with Getty Images to combat age bias in advertising. Also in September, Medicare changes were introduced encouraging technology use by health providers, particularly telehealth services. This may boost the use of telehealth technology (for example remote visitations) which has seen a rise of consumer interest in recent polling, though not a corresponding rise in adoption by the majority of physicians. The four blog posts from September:

Now Hear This: Hearing-related technology for older adults and caregivers

Uncorrected hearing loss isolates and harms older adults.   One in three between age 65 and 74 has hearing loss, and nearly half of people aged 75+ have some significant level of hearing loss.  Note that hearing loss has been linked to dementia and to social isolation – and that in turn has been connected to poorer health outcomes.  Furthermore, wearing hearing aids has been linked to fewer hospital visits. According to studies, among adults aged 70 and older with hearing loss who could benefit from hearing aids, fewer than one in five (20 percent) has ever used them. Why such a small percentage? Experts believe that it is a combination of denial, belief that hearing loss is not severe enough, perceived stigma associated with wearing hearing aids, and a perception that they cost too much.

Silicon Valley Boomer Venture Summit Announces AARP Services, Inc. CMO Charlotte Yeh as Keynote and Adds Pitch Competition Around Product to Aid Caregivers to Lineup June 20 & 21, 2018

06/07/2018

BERKELEY, Calif., June 7, 2018 /PRNewswire/ -- This year's 15th Annual Silicon Valley Boomer Venture Summit and Business Plan Competition on June 20th and 21st at the Claremont Club and Spa, Berkeley, California 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.

It's not about your grandmother - 10 steps before launching!

You want to launch a boomer/senior, home health tech, caregiving, product or service. Or other. Your new company gets ready to travel into battle for west coast networking, or you're back from San Francisco or Silicon Valley, consider this guidance, now that cards have been exchanged and follow-up emails sent. Soon your new or existing company will officially launch a new product or service, or a much-anticipated offering will finally ship. You read AARP and Pew survey research reports. Now look over this 6-month-old updated checklist.  And you look back on the 2009 advice – which is still valid, especially about creating community around the product – more important than ever. And as for item 6 in this post, THIS MEANS YOU!   Really now, are you ready? 

Technology and Aging Developments – April 2017 Newsletter

April -- a veritable shower of data, press announcements, and pitches. It was a short but information-filled month of events, announcements, pitches.  The month marked our first foray into the American Community Survey Census data about technology usage of older adults. Much more is possible with this data – including greater inspection of housing, family structure, income as correlated with technology interest (including telehealth).  Each of the April blog posts can be (re)read in full by clicking on the paragraph heading.   

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