Smart Home Serving 50+ Population

by Parks Associates | May. 13, 2019

The United States population is greying, with more baby boomers entering retirement age every day. The number of Americans age 65 and older is expected to reach over 80 million by 2050. At present, the U.S. healthcare system is ill-equipped to handle the growing number of elderly individuals, many of whom will have specific health needs and may lack sufficient retirement funds.

Companies across many different industries are developing solutions to help seniors live comfortably in their own homes for longer. These range from home automation and health monitoring solutions, to on-demand services for transportation, home maintenance, and grocery delivery, and even to the nascent autonomous vehicle market. These solutions have a vital role to play in making aging comfortable and safe for seniors, affordable and convenient for family members, and improving peoples’ quality of life.

Parks Associates Interest Independent Living Chart

Moderated by Kristen Hanich, the CONNECTIONS™ session, “Special Session: Independent Living in the Smart Home,” addresses emerging strategies to serve people ages 50 and older, as well as their family caregivers, and the innovations that allow companies to address existing needs of these populations and anticipate future demands.

This session takes place on Wednesday, May 22 from 3:30 p.m. to 4:15 p.m. Speakers include:

  • Jeff Cutler, Chief Commercial Officer, Ada Health
  • Chris Gibbons, MD, Founder & CEO, The Greystone Group, Inc.
  • Chuck Hector, Chief Revenue Officer, Papa
  • Sean Kane, Client Engagement Manager, Mayo Clinic
  • Josh Locke, Director of Sales, Essence USA


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