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wearables, smart watch

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wearables, smart watch

Consider the potential for wearables and older adults

The watch changed the landscape for wearables... Since the introduction of the Apple Watch in 2014 and its subsequent sales of more than 33 million (as of 2020), Apple has been the dominant player in the US market. For the market of technology for older adults, it offered a smartwatch with built-in fall detection and other numerous health features, which it continues to introduce. By 2020, it became one of Apple’s 5 most profitable businesses and reached total adoption of 100 million globally. It changed many dimensions of life, including making people look and feel cool, reinforcing healthy behaviors -- including the importance of standing up when it notices you've been sitting too long. It made people want to track health variables they never thought they would track -- like heart rate variability, blood oxygen levels, or hand washing frequency and duration.

HANDSFREE HEALTH LAUNCHES NEW INTEGRATED MEDICAL ALERT HEALTH SYSTEM FOR CONSUMERS

09/28/2020

WAYNE, Pa., Sept. 28, 2020 /PRNewswire/ -- HandsFree Health™, provider of WellBe®, a secure, HIPAA compliant, voice-enabled virtual health assistant platform, today announced a medical alert system that integrates 24/7 emergency monitoring with the popular voice assistant, WellBe. This offering disrupts the medical alert category which typically only provides passive support unless utilized in an emergency. The new medical alert experience uniquely combines the WellBe® Emergency Alert Smartwatch, WellBe voice assistant, and WellBe app for wellness support with emergency services help.

Pendent medical alerts evolve – and will disappear

Surprise (maybe) – Philips puts Lifeline business up for auction.  How do I know this? Not from any news article other than PERS Insider, a newly created newsletter for those who track the medical alert industry.  Probably given the Q1 profit drop, they had to do something about the steep revenue decline of their Personal Health businesses.  You may not remember that Philips acquired the Lifeline business in 2006 for $750 million.  What did they get for that investment? The leader in the “Medical Alert/Medical Alarm/PERS space.” You pick the term -- or let the search engine do it in order to show you each paid ad after paid ad.

Five notable technology offerings for older adults

Companies and products worth noting in August.  It may be the dog days of summer, but life and innovation move forward – and so it is with offerings to note that serve older adults. In particular, it is great to see the emergence of Primetime Partners, specifically focused on the aging-related market opportunity. The first, HomeEXCEPT was one missed at the time, emerging from a 2017 AARP Innovation Business Plan competition. The last was offered by a giant US network.  Go figure.

Verizon Unveils Care Smart Watch for Seniors

06/24/2020

BASKING RIDGE, N.J., April 16, 2020 (GLOBE NEWSWIRE) -- Staying connected with loved ones has never been more important. Today, Verizon introduced the Care Smart watch, designed for seniors to keep them connected while giving their loved ones peace of mind. The watch comes with its own phone number and a companion app (Verizon Care Smart), creating a simple way to stay in close contact with friends & family members. Starting April 16, you can preorder the Care Smart watch for $149.99 and receive $50 off with the purchase of a smartphone.*

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? 

Five tech and aging blog posts from October 2019

October was a long and extravagant month for the tech market.  Between trade events, including the Connected Health Conference in Boston, LeadingAge in San Diego, HLTH in Las Vegas, the Aging 2.0 Revolutionize Conference in Boston which was highlighted by the reveal of Venture Capital investor Dominic Endicott's $2 Trillion Age-Tech market size, making the Consumer Technology Association's $29 Billion look cautious. No doubt there were also many smaller events throughout the country. Here are the October blog posts:

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