Growing alongside the trending IoT is the potential for services to be applied in homes, according to the Vision 2025- in the Smart published by Research and Markets recently.

In fact, several health services may be integrated with existing smart home infrastructure to enable telehealth, remote patient monitoring, medication reminders and health query answering.

The true potential lies in the unique health needs of each residing in a home – from infants or the elderly – and serving those unique needs simultaneously, says the report.

In the future, the true smart home (which will evolve from the current “connected home”), and the further evolved “intelligent homes” will be able to do this with ease, and monitor the entire health and wellness of all residents enabling a proactive approach to care. For now, the homes can serve the needs of aging-in-place, chronic disease management and post-acute care.

Naturally, the current ecosystem is somewhat fragmented, operating in silos. However, a platform integration of multiple health-related services with other non-health, consumer related services will be the next step for most vendors serving this space; for example, motion sensors can automatically turn up the lights for senior grandmother in an aging-in-place scenario.

According to the report, opportunities lie in the integration of big data, AI, aging-in-place, disease management and wellness to optimize a single consumer health platform

Smart homes are no longer an emerging concept. Consumers are not only warming up to the idea but also buying home automation products.

Smart speakers seem to be the favorite, with sales jumping from a meager 6 million units in 2016 to a whopping 33.2 million units in 2017. The developing ecosystem of home automation products that each of these current smart speakers provides is encouraging the sale of related lighting, energy and home security products.

Technology to Prevent Falls

According to the World Health Organization, falling is the second leading cause of accidental injuries and deaths worldwide for the elderly population.

Philip Regenie, CEO of artificial intelligence (AI) healthcare company, Zanthion Inc., says new AI technology should be implemented to identify risks, predict situations and prevent the rise in deadly and expensive outcomes with elderly falls.

The rising number of deaths from falls can be addressed by screening for fall risk and intervening to address modifiable risk factors such as polypharmacy or gait, strength, and balance issues.

The number of Americans requiring nursing home care expected to increase proportionately—from 1.3 million in 2010 to 2.3 million in 2030, according to Markets Insider.

Assisted living homes have appeal to a greater number of those who want the structure and community and don’t require extensive caregiving.

But more and more, seniors are showing a preference for aging in place, living at home and maintaining their social connections while living in familiar surroundings. Modifications can create smart homes for elderly adults, allowing them to live healthy, active lives by availing themselves of the latest commercially-available innovations.

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