Digital Health became Health IT when you weren’t looking. Even as most caregivers become reliant on online information in 2016, the sources of that information are migrating their way to Health Tech, so says MobilHealth News. And just in time, as the funding bubbles appear to be bursting in later stages, reliability of some wearables has been questioned, and the information disclosed to third parties (like insurance or health-related companies) may not be well understood by the consumer.
Six years ago, you had to make the case for tech. Why was it useful to describe a market of technology that could help people live longer in their homes? It was necessary to justify this lens with demographic projections, costs of aging somewhere else, how many wanted to stay in their homes – and then, only then – start describing enabling technologies that could help facilitate their own or family member’s successful aging at home. The tech market was filled with passionate founders and niche, senior-focused products. That was then.
Everything and nothing is in the caregiving innovation frontier. Keep slogging through the enormous market scoped in the AARP Caregiving Innovations Frontiers report. Study the teeny-tiny vendor icons (the only reference to market entrants in the document). Icons can be included for offerings that are not yet in the US market, or were produced at a 3-day hackathon (like Witness) and abandoned, or they're yet not a fit in the 'caregiving' world (like Lyft or Uber), or they're no longer a standalone business, like BeClose, Lively, Isowalk, and DoctorAHA).
LEARN: How does useful technology find the older adults who need it? The new tech laundry list is a staple of our fast-paced tech times. What is new right now, this minute that could, might, or maybe be useful to older adults -- six new technologies for this, five more for that. An exhibit area at aging-related event features more than 50 startup logos – pitches for pilots and advice on preparing to pilot. Perhaps a technology could fill a real need of frail seniors – like a wearable band that notes dehydration and suggests a drink. Note that Nobo’s B60 was developed for athletes and the doctors that treat them. The company is aware of the senior need, but it might take a proactive third party to pull them towards that opportunity.
The lens used to view age sees a different picture. Population segments can be broad. Baby boomers, for example, now span aged 51 to 70, and people in the youngest segment may not feel they have anything in common with the oldest. On the one hand, a 70 year old with a disability may fit directly into the awkward dual goals of the CTA Foundation: "It was established with the mission to link seniors and people with disabilities with technologies to enhance their lives." In that case, an Age Suit may help (young) marketers better understand physical limitations. On the other hand, the mission of AARP is broad, "which enhances the quality of life for all as we age. We champion positive social change and deliver value through advocacy, information, and service." Grantmakers in Aging has an audacious goal: "by 2019 – for 20% of all philanthropy to go to aging."
More CES innovations, announcements -- and vice versa. It's another day (and the last day) of 2016 CES, including more from Eureka Park and Digital Health exhibitors -- please note yesterday's set of six. Were these the best ideas or the best of CES? Not necessarily -- but they could be useful to older adults -- the reason for inclusion here. It may seem strange to see long-established companies and literally website-free startups in the same list below. But that is the wonderful thing about CES -- all are walking around breathing the same air and like last year, overwhelming the similarly enormous crowds. Here are five that caught my eye:
Find the needle in the CES haystack. That’s not easy, since there were 3200 exhibits last year and 170,000 attendees, with this year’s totals for the show not out just yet. The Consumer Technology Association -- renamed from Consumer Electronics Association -- wants to be new, as the 500 startups in the Eureka Park exhibit area must have figured out by now. And the plethora of health exhibitors and speakers at the Digital Health Summit act as testimony to the importance of health and then there are the CES essentials: stereo/headphones, smartphones, sensor/wearables, smarter cars, sensory experiences and sleep -- not necessarily together or in that order. And the mostly young attendees will be excited to find an age suit to add 40 years to their age. No kidding.