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Five new technologies from the 2020 Market Overview

Technology for older adults has become mainstream. The 2020 Market Overview of Technology for Aging is now online.  This 2020 version reflects the growing market interest in the boomer-senior demographic and its position in the Longevity Economy. This tech market is less about products specifically designed for older adults and more about smarter marketing of many consumer offerings that could be useful to them. This includes smartphones, tablets, smart home technology, Voice First hardware and virtual assistants, and in-home sensors. Each of those devices is enabled for older adults by either more targeted marketing and packaging, enabling software, or bundling into training and solutions for in-home caregiving and/or healthcare. this forward-looking study is illustrated with descriptive graphics and includes more than 25 new offerings.  Here are five of them:

2020 Technology trends that benefit older adults and caregivers

In 2020, focus sharpens on technology market categories of aging and caregiving.  AARP published a new report that showed growing interest in technology among those aged 70+.  CES 2020 saw several exhibit areas and innovations focused on older adults and what they need. This past week, Cambia Health released a survey of caregivers, 64% of surveyed caregivers use at least one digital tool to help them with caregiving.SamsungBest Buy and Amazon now group offerings that could be helpful for older adults and those who care for them. What other changes matter for this market? 

Voice, Health and Wellbeing 2020

The Voice First technology market is expected to grow to reach $49 billion worldwide. Device makers and software firms are fighting for leadership in both devices and voice assistant software. Health providers are eager to participate. In the past few years, multiple health-related voice assistants have been introduced, including those services branded by trusted healthcare organizations, adding to those from Mayo Clinic and Boston Children’s Hospital.  By 2019, it was becoming easier to ask about specific drugs online.

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