Aging in Place Technology Watch Releases 2018 Update to Market Overview for Technology and Services -- What's New and Different in Trends and Offerings

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The marketplace for technology to assist aging adults in the Longevity Economy is expected to grow in the next few years as the oldest baby boomers age, according to the updated report by Aging in Place Technology Watch. The report identifies key trends and changes -- and identifies more than 25 new companies that can make a difference.

“The oldest baby boomer turned 72 in January and expects technology solutions to assist them as they age,” said Orlov. “With the cost of long-term care out of reach for many, older adults and those who care for them will seek for solutions that make lives easier and more fulfilling."

TECHNOLOGY FOR AGING BABY BOOMERS HIGH GROWTH INDUSTRY

Updated 2018 Research adds 2018 trends and more than 25 new companies

The marketplace for technology to assist aging adults is growing and incorporating the latest technology trends according to a new report by Aging in Place Technology Watch. The aging of the more than 75 million baby boomers plus their increased awareness of technology solutions will drive sales, according to Laurie M. Orlov, founder of the market research firm.

“The oldest baby boomer turned 72 in January and expects technology solutions to assist them as they age,” said Orlov. “With the cost of long-term care out of reach for many, older adults and those who care for them will seek for solutions that make lives easier and more fulfilling."

The industry projections are part of a new market overview report, 2018 Technology Market Overview from Aging in Place Technology Watch. The document highlights technologies for communication and engagement, safety and security, health and wellness, and learning and contribution, with an overlay for caregiving that touches all categories.

This is the leading market research report to take a comprehensive look at technology for older adults. Long-time Forrester and tech industry veteran Laurie M. Orlov launched the market research company in 2009 with a blog, product, and industry information which can be found at http://www.ageinplacetech.com.

Headquartered in Port St. Lucie, Florida, Aging in Place Technology Watch provides thought leadership, analysis and guidance about technologies and related services that enable boomers and seniors to remain longer in their home of choice.

Laurie M. Orlov, a tech industry veteran, writer, speaker and elder care advocate, is the founder of Aging in Place Technology Watch -- market research, trends, blogs and reports that provide thought leadership, analysis and guidance about technologies and services that enable boomers and seniors to remain longer in their home of choice. In her previous career, Laurie spent many years in the technology industry, including 9 years at analyst firm Forrester Research. Her segmentation of this emerging technology market and trends commentary have been presented in the Journal of Geriatric Care Management. Her perspectives have been quoted in Business Week, CNBC, Forbes, Kiplinger, NPR, the Wall Street Journal, and the New York Times, where she was profiled as well. She has a graduate certification in Geriatric Care Management from the University of Florida and a BA in Music from the University of Rochester. Laurie has provided testimony about technology at a Senate Aging Committee hearing, consulted frequently to AARP, and served on the Think Tank for The Philips Center for Health and Well-Being. She was one of the judges for the Silicon Valley Boomer Venture Summit in 2017 and a 2016 Stanford Longevity design challenge. Her latest reports were Tech-Enabled Home Care 2017 and the Future of Voice First Technology 2018.The site was selected as one of CDW's Top 50 Health IT Blogs in 2016 and in September, 2017, she was named one of the Top 50 Influencers in Aging by Next Avenue.

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Laurie Orlov
@AgingTech
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