TMA Mid-Year Meeting Examines Monitoring Beyond Usual Use Cases

A portion of Parks Associates’ survey work includes testing the appeal of various approaches of using smart products to help the 65-plus set live independently. These range from traditional PERS devices like a panic button, added capabilities such as fault detection, location-based detection along with vital signs, or a home sensor-based system with passive monitoring with no devices that need to be worn.

Interest is rising for these products, with high appeal for caregivers to consider these as a tool to help the elderly adults remain safe.

“These types of solutions incorporate a lot of the smart home device play that we see growing. And when we look at independent living services, we certainly see that caregivers show interest in these types of solutions and willingness to pay monthly fees attached to them,” Parks said.