Register

I agree with the Privacy Policy

Service and hardware revenues will contribute $1.8 billion to the U.S. eldercare industry by 2013

By Mindi Sue Sternblitz-Rubenstein, August 19, 2008

Digital health technologies designed to monitor and care for the elderly population will bring in U.S. revenues in excess of $1.8 billion by 2013.

Technological advances will drive this growth in service and hardware revenues, according to Parks Associates’ Taking Care of the Elderly through Digital Technologies. Connected medical, activity, and environmental sensors and fitness measurement devices will bring in more than twice the dollar amount of the low-tech personal emergency response system (PERS) sector in 2013. These new technologies will monitor seniors’ vital signs, track their locations and activities, and measure their fitness progress.

Taking Care of the Elderly through Digital Technologies is Parks Associates’ latest research report on the digital health industry. This report analyzes how technology can be used to monitor and manage the elderly population in their homes and in long-term care facilities. The report also examines applicable service sectors and potential payment models.

Harry Wang, Director of Health & Mobile Product Research, Parks Associates, is speaking in the session “Smart Home-Smart Patient: Telehealth and the New Digital Home” at the 2008 ATA Mid-Year Meeting, September 15, 2008, at 9:45 a.m.

More from Mindi Sue Sternblitz-Rubenstein

July 06, 2023

Vantiva IoT and the Multifamily Market - New Podcast

Exploring the Future of IoT: The Connected Consumer Podcast Episode In today's digitally connecte...

Apple Removes WikiLeaks Program From App Store

Apple Inc., a California-based consumer electronics giant said it had removed a program from its...

Sony Starts Music Service in U.K., Ireland

Sony Corp. opened an online streaming-music service in the U.K. and Ireland and said it will roll...

Smart Home: Products And Services

Consumer Electronics And Entertainment

Broadband And Mobility

Connected Health And Wellness

MDU / Multifamily

SMB

Event

Our Services

Analyst Insights

Media

About Parks Associates

Service and hardware revenues will contribute $1.8 billion to the U.S. eldercare industry by 2013

More from Mindi Sue Sternblitz-Rubenstein

Vantiva IoT and the Multifamily Market - New Podcast

Apple Removes WikiLeaks Program From App Store

Sony Starts Music Service in U.K., Ireland

Providing market intelligence for more than 35 years

Phone:

Email:

Mailing Address:

Expertise

Services

Events

Resources

About Us

Store