Senior Care 2.0: Digital Health Technologies Transforming Senior Care - 2018 Report - ResearchAndMarkets.com

November 30, 2018

DUBLIN--(BUSINESS WIRE)--Nov 30, 2018--The “Senior Care 2.0: Digital Health Technologies Transforming Senior Care” report has been added to ResearchAndMarkets.com’s offering.

The senior care market is poised for major disruption by digital health technologies, with companies developing both software and hardware solutions for people aging at home as well as those staying at retirement communities.

However, while technologies have been developed, we are still “not there.” Most solutions tend to be complicated and many were just rebranded “regular” products for the seniors. Interfaces need to change so that more people could use them.

Nonetheless, the momentum is building and in this report we’ll take a look at what the major companies and startups alike are doing to make people’s golden years as enjoyable as possible.

On the other hand, these same technologies provide family members and care providers with an easier way to keep up with their relatives/patients. This report will explore the challenges, goals, technologies and trends in the tech-enabled senior care.

Finally, by going through and analyzing various senior care products and services, we touch upon technologies that have wider use cases, beyond care for the elderly. In that sense, this research brief provides and overview of a bigger market while highlighting those solutions that can have the biggest effects on senior care.

The so called “silver tsunami” is already affecting multiple industries.

The US Bureau of Labor Statistics reports that as many as one out of ten workers will retire either this year or the next one. Losing 10 percent of employees can hit a company incredibly hard if it’s not prepared. This, at the same, will put a great strain on the healthcare system.

Adding to this is the fact that baby boomers are now physically in worse shape than generations that have retired previously. While lifespan has increased, health related illnesses, suicide, and divorce are higher than ever.

The good news for them is that Medicare prescription coverage was expanded to 40 million new recipients under the George W. Bush administration. This, according to Medicare officials will add $1 trillion in benefits. The Obama administration built from there, adding affordable healthcare for millions of uninsured people. But the government wouldn’t be the only one to foot the bill; enterprises too will be paying increasing healthcare costs.

Key Topics Covered

1. About this Research Brief

2. Introduction

3. Challenges

Baby Boomers Are Retiring Nurse and Doctor Shortage The Aging at Home Trend Medication Non-Adherence Dementia Technology Is Not Easy To Use

4. Goals

Convenience Engagement Staying in Touch Staying Independent

5. Technologies

Remote Health Monitoring Telehealth On-demand Care Wearables Digital Assistants & Tabletop Robots Medication Management New Transportation Options New In-Home Care Services Virtual Reality End-of-Life Planning And more Who’s Paying for the Technology?

6. Projects & Initiatives

Senior Living Communities and Nursing Homes Are Adopting Tech AARP Working With Startups To Improve Senior Care Best Buy is Offering Digital Health Tools for Seniors Japan Post Group, IBM and Apple Working Together to Mobilize Care For the Elderly in Japan

7. Japan

DISH Partners With Independa to Transform In-Home Entertainment and Senior Care City4Age Program For Active and Healthy Ageing A Wristband Project for Personalized Dementia Therapy NIA Supports Development of IoT-based In-Home Service with a $4.5M Grant

8. Conclusion

9. Companies Featured

AXA Venture Partners Accel Amazon Tech Giant American Well Andreessen Horowitz DispatchHealth Doctor On Demand Doro Dose Healthcare E-Vone Smart Clothing Founders Fund FriendHealth Hackensack Ignition Javelin Venture Partners Mizuho Corporate Bank Mohr Davidow Ventures Monitoring One Caring Team Oracle Orbita Digital Assistants Oticon Hearables Pillar Companies Pillo Pitango Venture Capital Planning Plug and Play RRE Ventures Thrive Capital Togg UnaliWear Uncork Capital Vital Decisions Vynca Walabot Remote Monitoring and many more...

For more information about this report visit https://www.researchandmarkets.com/research/q7hnv6/senior_care_2_0?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181130005280/en/

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SOURCE: Research and Markets

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PUB: 11/30/2018 09:58 AM/DISC: 11/30/2018 09:58 AM


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