Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Healthcare Business Review
Thank you for Subscribing to Healthcare Business Review Weekly Brief
With the increased use of sensors, wearables, and smart health IT systems, entrepreneurs who miss out on future technology for the elderly risk losing a lot of money.
By
Healthcare Business Review | Wednesday, July 28, 2021
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
With the increased use of sensors, wearables, and smart health IT systems, entrepreneurs who miss out on future technology for the elderly risk losing a lot of money.
FREMONT, CA: COVID-19 has shone a light on the current eldercare system, but new technologies are transforming the future of home-based senior care. The number of healthcare assistants accessible to each older population is decreasing. The increase in the number of people above the age of 60 is to blame for this negative trend. This group will expand at a rate 56 percent faster than the rest of the world's population during the next decade, worsening the problem. Here are three technologies helping elder care:
Artificial Intelligence
By 2025, there will be over 21 billion active IoT connections on the planet. IoT devices are currently found in 90 percent of American households. This integrated digital mesh of things can help elders get more out of technology. Healthcare app developers might focus on such areas of innovation for senior care technology since there will be an increase in such initiatives in the near future.