Thursday, September 21, 2017

Adoption of connected health devices increases to 41% in 2017, up 4% from 2016

Parks Associates to host smart home research workshop at Connected Health Conference, October 25 in Boston

International research firm Parks Associates announced today it will host the research workshop, “Connected Health and the Smart Home: Assessing the Crossover Opportunities,” on October 25 in Boston, prior to the start of the Connected Health Conference. The workshop will examine strategies to deliver healthcare innovations through a connected home, featuring consumer research and executive insight, with speakers from GE Lighting, GreatCall, Honeywell, MivaTek, Nortek, Orbita Health, RedMed, Reemo Health, and Reflexion Health.

“Consumerization of healthcare moves care services into the home, where people have connected devices and apps to aid with caretaking, disease management, sleep tracking, and more,” said Jennifer Kent, Director of Research Quality & Product Development, Parks Associates. “Crossover opportunities between connected health and smart home create new revenue opportunities and new avenues to support consumers’ health, fitness, and independent living. In this workshop, we will explore the paths to success in these converging areas and the challenges in developing solutions that meet both consumer and industry needs.”

“The connected home is an important component of the personal connected health market, supporting everything from consumer wellness and fitness, to chronic disease management and aging in place. And, novel applications of technologies like artificial intelligence and voice-activated devices are creating new opportunities and spurring innovation,” said Richard Scarfo, Vice President, PCHAlliance, and Director of the Connected Health Conference. “This workshop adds critical perspective and highlights new business opportunities for our attendees. PCHAlliance is pleased to welcome Parks Associates to CHC17 as a partnering organization.”

Parks Associates recently released “Market Snapshot - Digital Health & the U.S. Aging Population,” which shows adoption of connected health devices has increased to 41% in 2017, up 4% from 2016. The workshop will feature multiple sessions focusing on the use cases for connected health in the smart home, including business models that leverage consumer interest to create engagement and new revenues.

Parks Associates - Connected Health Devices Reseasrch

Sessions:

  • Extending Smart Home Platform for Connected Health Consumers
  • Launching Connected Health Solution on a Smart Home Platform
  • Sensor, Voice UI, and AI: Success Formula for Aging in Place
  • Supporting Family Caregivers via Breakthrough Technology
  • From Wellness to Chronic Disease Management: How Can Smart Home Technology Help?
  • Sleep Tech and Smart Home: Is Smart Bedroom the Next Opportunity?
     

“The healthcare industry is a complex system, and while connected health and smart home have many shared applications, consumer expectations and experiences in healthcare are different from other industries,” Kent said. “Our workshop at the Connected Health Conference focuses on the connections between smart home and connected health and the strategic intelligence necessary to succeed in this shared space.”

Parks Associates is supporting the ninth-annual Connected Health Conference. The event, which will be held October 25-27 in Boston, will convene a multidisciplinary and high-profile audience of more than 2,500 health and industry leaders worldwide. The event will focus on advancing progress in care delivery and the innovative application of personal connected health technologies.

“Market Snapshot - Digital Health & the U.S. Aging Population” is available for download at /whitepapers/snapshot-health2017. For more information on Parks Associates research or events, visit www.parksassociates.com, or contact sales@parksassociates.com, 972-490-1113. To schedule an interview with an analyst or to request specific data, contact Julia Homier at Julia.homier@parksassociates.com, 972.996.0214.

About Parks Associates: Parks Associates, a woman-owned and woman-led internationally recognized market research and consulting company, specializes in emerging technology solutions serving the consumer and small to medium business (SMB) markets. Celebrating its 35th year in 2021, Parks Associates is a partner to companies navigating the changing consumer technology landscapes through data-driven market insights, extensive consumer and industry intelligence, custom marketing services, and executive networking experiences and conferences.

The company's expertise includes home automation, control systems and security, digital media and platforms, entertainment and gaming, home networks, internet and video services, connected health and independent living solutions, mobile applications and services, support services, consumer electronics, and energy management solutions.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Connected Health Summit, Smart Energy Summit: Engaging the Consumer, and Future of Video: OTT, Pay TV, and Digital Media. http://www.parksassociates.com

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