Apr 26, 2018

Only 8% of consumers 75 and older report that they own a safety/panic button

Fifth-annual Connected Health Summit to include keynotes from IBM and Uber executives

Parks Associates connected health researchreports in U.S. broadband households, only 8% of heads of household 75 or older own a safety/panic button. The research firm will host the fifth-annual Connected Health Summit: Engaging Consumers, August 28-30 at the Manchester Grand Hyatt in San Diego, to examine strategies to expand adoption of smart home solutions that benefit independent living and improved wellness. The conference features keynotes from Deborah DiSanzo, General Manager, IBM Watson, and Christopher Weber, General Manager of Uber Health, Uber.

“Almost one-third of heads of household ages 40-64 reported interest in a service that alerts family members if they are in an emergency,” said Jennifer Kent, Director, Research Quality & Product Development, Parks Associates. “These solutions are an important first step to enable independent living, and consumers definitely want to stay in their own homes for as long as possible. By partnering with smart home solution providers, the health industry can develop solutions that are more attractive than traditional safety/panic buttons, with greater functionality. They can create smarter solutions that can expand the market.”

Additional Parks Associates health data:

• For family caregivers, emergency alerts, location tracking, and warnings of dangerous conditions are the top-three home living features.
• Over 60% of respondents with chronic conditions believe that at least one of the following forms of tools/support could help them better manage their condition: rewards, financial incentives, and health monitoring devices.

The 2018 Advisory Board for Connected Health Summit includes executives from Best Buy; Care Innovations, an Intel company; Comcast; GreatCall; Life365; MDLive, Inc.; Mosaic Growth Partners; Omron Healthcare, Inc.; Orbita; Providence St. Joseph Health; and Walmart.

Early Event Sponsors include Rapid Response Monitoring, Alarm.com, MDLive, and Personal Connected Health Alliance

Event Supporters include ACEEE, B2 Group, Best Web Design Agencies, Bestseos.com, CIO Applications, Conference Guru, Crowd Reviews, FierceHealthcare, FierceHealthIT, FiercePharma, HomeGrid Forum, HomeToys.com, Innovation & Tech Today, IoT Consortium, ISE Magazine, LonMark International, Managed Care, Method, PharmaVoice, TD The Market Publishers, TelcoProfessionals, Telehealth & Telecare Aware, The Journal of mHealth, topseos.com, Visibility Magazine, and Wi-Fi Alliance.

Parks Associates is accepting submissions for speakers for Connected Health Summit until June 1. Registration is open, and media are invited to attend. For more information, visit www.connectedhealthsummit.com.

About Connected Health Summit: Consumer Engagement and Innovation

Connected Health Summit, hosted by international research firm Parks Associates, is an executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home. In its ninth year, Connected Health Summit brings senior industry leaders together from all aspects of the consumer experience ecosystems to provide insights on new business models, IoT technologies, consumer behaviors, and deployments relevant to consumer healthcare solutions.

The conference features Parks Associates quarterly consumer readdresses opportunities for new solutions in the care giving and senior markets and the wellness markets. This includes smart home platforms, on-demand services, voice assistants, and wearables, to empower consumers, caregivers, and providers and to meet the growing demand for services in independent living, chronic care management, remote access to care, and wellness and fitness solutions. www.connectedhealthsummit.com

Follow the event on Twitter at @CONN_Health_Smt.