Older Adults Need Digital Health and Well-being Wearables -- the 2014 Technology Market Overview for Aging in Place is Now Online

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Digital health, caregiving tools, portals and wearables are good news for seniors, caregivers and their families. Aging in Place Technology Watch, led by founder and industry veteran Laurie M. Orlov, delivers its 2014 update to its landmark research, the Market Overview of Technology for Aging in Place.

Baby boomers have changed every other market they touch – and they are propelling the market of technology for boomers and seniors, families and professional caregivers. In 2014, this opportunity is remarkable for the steady stream of tablet and phone offerings and new vendors, according to the newly-updated report by Aging in Place Technology Watch. The growth of mobile interfaces, websites coupled with ever more devices, smart phone and tablet apps amid the recent explosion of digital health investment -- according to Laurie M. Orlov, founder of the market research firm.

"We now are living in what AARP tags as the longevity economy – and with our longer lives, we need technologies that can help us live our lives to the fullest. Now that more than 56% of adults and 20% of seniors (Pew) have smart phones and/or tablets – investors and developers are stepping up. Product and service vendors know that professionals, adult children and tech-aware older adults will seek and find solutions,” said Orlov. “And the growth of tablet, wearable and smartphone technologies is fueling innovation from both new and existing organizations.”

The vendor and trend insights are part of the updated market overview report, 2014 Technology Market Overview from Aging in Place Technology Watch. The document updates trends and technologies to enable aging in place, including categories for communication and engagement, safety and security, health and wellness, and learning and contribution – connected by caregivers.

Long-time tech industry veteran Laurie M. Orlov is the leading analyst describing trends and technologies in the boomer and senior markets. The market overview is one of her industry reports that also include “From Fear to Function: Next Generation Response Systems 2013.”

“Laurie Orlov is one of the gifts to the industry of Boomers, Seniors and Caregivers. Her incisive mind and thorough analysis of the market have helped many entrepreneurs, venture capitalists and corporations.” Mary Furlong, CEO, Mary Furlong & Associates

“Laurie Orlov runs a fantastic consultancy about the big trend among seniors/boomers -- “aging in place.” – Lee Rainie, Director of Pew Research’s Internet Project

Headquartered in Port St. Lucie, Florida, Aging in Place Technology Watch provides thought leadership, analysis and guidance about technologies and related services that enable older adults to remain longer in their home of choice. In addition to her technology background and years as an industry analyst, founder Laurie M. Orlov is a certified geriatric care manager and a long-time member of the Philips Think Tank on Health & Well-Being.

Orlov spent more than 30 years in the technology industry, including 24 years in IT and nine years as a leading industry analyst at Forrester Research. She is a recognized expert and has consulted to organizations like Microsoft and Philips, and her insights have been referenced in publications like Kiplinger, the Wall Street Journal and the New York Times. She has been a frequent keynote speaker at national and international events.

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