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2024 Market Overview Technology for Aging, January, 2024

This report was revised in January of 2024. It was updated to reflect trends, demographic data about older adults, policy changes, new products and services as well as inclusion of available data about what tech they own and/or prefer. The final section with examples includes 30 offerings and services new for this report, indicated by **.

HANDSFREE HEALTH ANNOUNCES NEW AI WELLNESS CAPABILITIES

10/25/2023

WAYNE, Pa., October 25, 2023/Press Release/ ‐‐ HandsFree Health™, provider of WellBe® – a secure, HIPAA-compliant, voice-enabled virtual assistant platform announced today a series of significant AI wellness capabilities – sentiment analysis, behavioral pattern assessment and predictive decision support. These AI features are designed to monitor an individual’s emotional and physical health and well-being
without human input. Sentiment analysis in conjunction with behavioral pattern

Connect America Unveils Industry-First Enhancements to Connect America Home™ Platform

11/10/2022

BALA CYNWYD, Pa., Nov. 10, 2022 /PRNewswire/ -- Connect America, the nationally recognized innovator in connective care technology to empower seniors and vulnerable populations to age gracefully in place, today announced several enhancements to its Connect America Home™ platform. This next-generation, AI-enabled digital health and safety platform provides secure, non-intrusive, continuous monitoring with emergency and non-emergency support to help everyone live safely, independently, and well at home.

“U.S. Personal Emergency Response Systems (PERS) Market - Industry Outlook & Forecast 2022-2027”

07/27/2022

DUBLIN--(BUSINESS WIRE) The growing integration between wearable medical devices and medical alert systems like PERS and healthcare facilities will enable remote access to patient data and offer essential home healthcare services and improve patient safety and health outcomes. The demand for such integrated wearable devices has gained more importance after the onset of the COVID-19 pandemic. They offer patients, especially elderly ones, safer, more accessible options for routine, preventive, and chronic care.

Beyond the medical alert -- old marketing and products are obsolete

PERS Insider helpfully listed the most common PERS Google searches. The result was bleak and informative. Their website identifies the top item (16,000 searches, results with ads) as a 'medical alert bracelet'. Except for the deep-pocketed Medical Guardian which bought ads everywhere, these were all bracelets to help emergency workers determine a health issue. The next one, Medical alert systems (14K searches) turned up ads for multi-vendor sales sites with names like 10 best, 5 best in Florida, and look, there's Medical Guardian! The US News site was not an ad itself, but the article was filled with ads for devices. Ditto for ConsumerAffairs.com.' Best and worst companies – more ads -- and Medical Guardian. Even 'I’ve Fallen and I Can’t Get Up' is one of top four search terms (4800), no doubt from those miserable LifeAlert ads

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