Young boomers who will turn 65 between now and 2030 - half will only have $250K in assets.
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The Future of Wearables and Older Adults 2021
| Attachment | Size |
|---|---|
 Report Final June 2021.pdf | 1.33 MB |
Wearables are new to most older adults in 2021. But that will change in the coming years as broad market acceptance drives interest among the 65+ population. Adoption will grow as the price points become more affordable; and most important, as the data from wearables becomes more actionable, informative, and predictive of future change. Within five years, doctors will see the benefit in guiding older adults to their usage. Chronic disease monitoring through wearables will see the most substantial growth. And stigma-free and lower cost hearables will provide customizable sound improvements to a far broader population than current hearing aids.
