Assistive Technologies for Older Adults

The United States – and the world itself – is aging. The share of the US population age 65+ is expected to reach 21% by the year 2030. At the same time, the medical and senior care industries are going through a staffing crisis – there are not enough professionals to care for the senior population, and family members are challenged to fill the gap. This report examines the market for independent living solutions for seniors, understanding the demand dynamics, preferences, and challenges faced by two key demographics – family caregivers and seniors themselves.

It examines seniors demand for independence and willingness to engage with independent living solutions, family caregivers’ awareness of and level of interest in independent living solutions, preferred information sources and market channels, and demand for tested solutions – including smart home devices and systems, medical alerts and fall detection, mobility aids, home modifications, and community-based services. It identifies barriers to adoption and suggests ways to mitigate these barriers.

Purchase

Methodology & Key Terms

Executive Summary

Market Sizing

Adoption of Family Caregiver Solutions

Buyer Demand and Purchase Channels

Serving Older Adults

Telehealth and PERS Adoption

Appendix

•Defining Internet households

•Guide to reading Parks Associates charts

Additional research from Parks Associates

Published by Parks Associates

Disclaimer

Parks Associates has made every reasonable effort to ensure that all information in this document is correct. We assume no responsibility for any inadvertent errors.

Purchase

Smart Home: Products And Services

Consumer Electronics and Entertainment

Broadband and Mobility

Connected Health and Wellness

MDU / Multifamily

SMB

Strategic Consulting Unit

Primary Research

Research Services

Event

Analyst Insights

Media

About Parks Associates

Independent Living