"independent living" articles

The CONNECTIONS Summit at CES is going online this year! Parks Associates' CONNECTIONS Summit at CES is an annual research and industry event and will be held on January 14, 2021. It features commentary, insight, and debate on consumer and industry trends, new business models and technologies, growth opportunities, and successful market strategies. Joshua Locke, Vice President of Essence USA and a speaker at the summit, discusses senior market solutions ahead of the event:...
 
Crossover between connected health and smart home tech is rapidly expanding, with many large players entering this space. A majority of consumers now find virtual care solutions that incorporate data from their connected health devices appealing. Entrance of tech giants will expand the market for wellness solutions at home and the data sources health players can use for telehealth and independent living services. Don't forget to register for Parks Associat es' CONNECTIONS Summit...
COVID-19 cast a bright light on the vulnerability of the senior population and senior living facilities. According to CDC, as of November 2020, 80% of Americans who have died of COVID-19 were age 65 or older, while the senior population only makes up 16% of the overall US population. Moreover, 40% of deaths occurred among nursing home residents. As a result of COVID-19 and its associated pressures, seniors and their loved ones have increasingly turned to technology for everyday needs. As...
 
by Amanda Kung | Dec. 3, 2020
Tags: COVID-19, independent living
Parks Associates is now accepting speaker submissions for CONNECTIONS™ 2021. The CONNECTIONS™ Community brings together over 1,200 industry executives to network and participate in sessions focused on converging IoT industries. Submit to Speak: http://www.parksassociates.com/events/connections-us/conn-us-cfp CONNECTIONS™ 2021 will feature sessions on March 24, May 12, May 25-26, July 14, August 18, September 22, and November 9-10. Thank you to our early 2021...
Independent living solutions, which encompass a variety of assistive technologies, enhance seniors’ ability to stay in their home safely and enhance communication with loved ones. The COVID-19 pandemic exposed the seniors’ vulnerability and the challenges of remote caregiving. Companies across the spectrum from device manufacturers to monitoring providers to home health agencies are responding to the need for new solutions that help our oldest consumers live well and safely at...
Martin Huddart, Head, Smart Residential of ASSA ABLOY , shared his thoughts with us on the evolution of home services after his recent participation in the Connected Health Summit . Q: When you think about the evolution of home services to address a variety of health-related issues, what use cases do you see emerging? A: Use Cases: --Access control for visiting care workers to the home (via smart locks) as aging in place is a big trend. This solves multiple...
Ahead of the upcoming Connected Health Summit , Dr. Donna O'Shea of UnitedHealthcare shared her thoughts with us on how COVID-19 has impacted the connected health markets and how connected health solutions have shifted in the last year. Join her at the Connected Health Summit on September 1-3. How has COVID-19 impacted the connected health markets? We’ve seen a 10-fold increase in telehealth visits this year compared to a year ago, so we know people are increasingly...
As connected technology continues to evolve and mature, device manufacturers and service providers are expanding their purview beyond early adopters to a rapidly growing segment of the population – seniors. Companies with a footprint in the home are looking to the senior segment to expand their user bases, product sales, and service revenues. Service providers are searching for new revenue streams to offset losses from the decline in pay-TV subscriptions, and as younger consumers...

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