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Connected care in the home has the potential to address both the preferences of older adults and the societal imperative to care for a rapidly growing aging population
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For nearly twenty years, one thing has felt inevitable: when boomers reach “old age,” senior living demand will surge. And yet ..
Comments
any reason why AARP will stop producing conventions
Hi
Do you know why AARP is not going to produce any more of these types of conventions? Thanks
Regional instead of national
According to knowledgeable parties, they are switching to more regional (versus national) events.
Hi Laurie, I'd be interested
Hi Laurie,
I'd be interested to know if any of these tech companies are actually making money or is it just venture capital. Aside from retirement living, are any business segments in the aging in place sector profitable?
Rob
These companies are all brand new
This blog post was about newly launching companies -- the LivePitch competition was judged by VCs.
'Aside from retirement living' -- that includes independent living.
As for 'aging in place companies' making money, the PERS industry sets the pace for age-specific companies, north of $1 billion revenue annually.
Considering that most seniors will not live in retirement communities, that means that the consumer market and the 'aging in place' market -- home design, tech for home, smart and cell phones, home alarm companies -- are all 'aging in place' markets. It is impossible to separate them out -- and for the companies in the space, it is a mistake, in my view.
Companies just entering the field.
Thank you for your clarification.
You always do a great job. Keep it up. We need you expertise.
Mike