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mHealth Market on the Move: Home Monitoring for Elderly


mHealth Market on the Move Home Monitoring for ElderlyAccording to a new report from ABI Research, over the next five years a new generation of elderly home care services will drive wearable device shipments to more than 44 million by 2019 (that’s up from 6 million in 2013).

Shipments of wearable devices linked to elderly care systems will more than double in 2014 from the previous year.

Tech-savvy families are turning to home monitoring solutions to make sure that their aging family member’s safety and wellness are being monitored. Niche players including BeClose, GrandCare Systems, and others have emerged to capitalize on a combination of market demand and the potential to leverage connected devices and systems.

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