Thursday, August 08, 2019

Parks Associates Whitepaper Examines Role of Smart Home in the Future of Telecare and Independent Living

New whitepaper shows 35% of UK broadband households have a connected health device 

Parks Associates recently released the new whitepaper Telecare in the EU: Smart Home and Independent Living, which examines opportunities to use smart home technology to expand telecare services in Europe. The firm’s research reveals 35% of UK broadband households own at least one connected health device and 30% of heads of UK broadband households are currently or will soon be the caregiver for a family member.

“Smart home technology offers an opportunity for telecare systems to move from being reactive to becoming proactive,” said Kevin Meagher, European Advisor, Parks Associates and MD, EAS Consulting. “Traditional PERS solutions depend on users to wear them and initiate alarms, but when combined with connected devices, cloud computing, AI, and machine learning, telecare solutions can predict events and offer personalized solutions that deliver actionable data to doctors and family members.”

Parks Associates Interest Independent Living Products Services

In the UK, 39% of people with a chronic condition own at least one connected wellness/fitness device. The opportunity for devices to help manage chronic conditions increases exponentially within a smart home where data can be readily collected, conditions remotely monitored, and communication made simpler through virtual interfaces.

“Seniors and their caregivers both identify safety and security benefits as key requirements in any independent living solution, and smart home technology can deliver on these needs,” Meagher said. “As the population ages throughout Europe, the need for better telecare solutions will grow with it, so this whitepaper lists high-level guidelines for smart home and healthcare players to deliver enhanced, scalable telecare services that will win broad support.”

Telecare in the EU: Smart Home and Independent Living explores the potential to use smart home technology to expand telecare in the UK and throughout Europe. It explains how the technology can support new passive monitoring services that improve quality of life. Additional research from whitepaper:

  • In the UK, 11.8 million (18%) of the 65.6 million population are now over 65; this is expected to rise to 13.9 million (20.2%) out of 69 million by 2025.
  • 11% of people 75+ in broadband households have traditional PERS solutions that depend on users to wear them and initiate alarms.
  • Seniors 50+ see traditional PERS as their primary solution for their telecare.
     

Parks Associates will host the Connected Health Summit: Independent Living and Wellness on August 27-29, 2019, in San Diego, California, featuring keynotes from CirrusMD, GreatCall, Livongo Health, Philips, and UnitedHealthcare.

To download this whitepaper, visit https://www.parksassociates.com/whitepapers/eu-telecare-wp. To schedule an interview with an analyst or to request specific research data, please contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

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

http://www.parksassociates.com

Next: 38% of consumers planning to acquire data security services prefer receiving services bundled with broadband at no additional charge
Previous: Nearly 50% of consumers find the ability for their smart access control devices to allow Amazon package deliveries to be valuable

Comments

    Be the first to leave a comment.

Post a Comment

Have a comment? Login or create an account to start a discussion.

© 1998-2019 Parks Associates. All Rights Reserved.