#caremerge

[themarketinsights]

Assisted Living Software Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

Latest released the research study on Global Assisted Living Software Market, offers a detailed overview of the factors influencing the global business scope. Assisted Living Software Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Assisted Living Software The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are American Healthtech (United States), Yardi Systems Inc. (United States), RealPage (United States), PointClickCare Corp. (Canada), MatrixCare, Inc. (United States), AL Advantage, LLC. (United States), Assisted Living Services Inc. (United States), CareMerge LLC (United States), Carevium, Inc. (United States), CareVoyant, Inc. (United States)

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Assisted Living Software Market Definition:

Due to increasing technological advancements over the past couple of decades as well as changing lifestyles has led to increasing demand for innovative and improved patient care services. In addition to this, growing adoption of analytical tools as well as prescription processing has upsurge the demand for assisted living software. This software operates on real-time solutions to monitor and manage patient conditions. It also automates the healthcare services and centers with less need for human interventions which will further upsurge the demand for assisted living software.

Market Trend:

Adoption of Quickly Accessible Assisted Living Software

Integration of Healthcare Software with Hospital ERP Systems

Market Drivers:

Upsurging Demand for Technologically Enhanced Quality Care

Assisted Living Software offers Better Comfort, Security, and Satisfaction

Market Opportunities:

Introduction to IoT Based Assisted Living Software across the Globe

Continues Technological advancements as well as Growing Adoption from Developing Countries

The Global Assisted Living Software Market segments and Market Data Break Down are illuminated below:

by Type (Cloud-based, On-premises), Application (Appointment Scheduling, Resource Allocation, Documentation of Services), Platform (PC/Mac, Mobile)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Assisted Living Software Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Assisted Living Software market

Chapter 2: Exclusive Summary – the basic information of the Assisted Living Software Market.

Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Assisted Living Software

Chapter 4: Presenting the Assisted Living Software Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Assisted Living Software market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Assisted Living Software Market is a valuable source of guidance for individuals and companies in decision framework.

Data Sources & Methodology The primary sources involves the industry experts from the Global Assisted Living Software Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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What benefits does AMA research study is going to provide?

Latest industry influencing trends and development scenario

Open up New Markets

To Seize powerful market opportunities

Key decision in planning and to further expand market share

Identify Key Business Segments, Market proposition & Gap Analysis

Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

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[pujarathod]

Assisted Living Software Market: Opportunities and Forecast Assessment, 2021– 2027

The Final Report will cover the analysis of the Impact of Covid-19 on this industry.

The global Assisted Living Software provides qualitative and quantitative information on growth rate, market segmentation, market size, future trends and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the Assisted Living Software market. This report analyzes and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.

According to this latest study, the growth in the Assisted Living Software market will change significantly from the previous year. Over the next five years, the Assisted Living Software market will register a CAGR in 8.90% terms of revenue, and the global market size will reach USD 215.3 Million by 2027.

Assisted Living Software- Size, Competitive Landscape and Segmentation Analysis:

Assisted Living Software Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focuses on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.

The key players covered in the Assisted Living Software market report are:

·         American Healthtech

·         Yardi Systems

·         RealPage

·         PointClickCare

·         MatrixCare

·         AL Advantage

·         Assisted Living Soft

·         Caremerge

·         Carevium

·         CareVoyant

·         Dude Solutions

·         ECP

·         Eldermark

·         iCareManager

By Type, Assisted Living Software has been segmented into:

·         Cloud-based

·         On-premises

By Application, Assisted Living Software has been segmented into:

·         Assisted Living Facilities (ALFs)

·         Residential Care Homes (RCFEs, CBRFs, AFHs, etc.)

·         Memory Care Communities

·         CCRCs (continuing care retirement communities)

Market Segment by Regions and Countries Level Analysis:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

·         Asia-Pacific (China, India, Japan, Southeast Asia etc.)

·         South America (Brazil, Argentina etc.)

·         Middle East & Africa (Saudi Arabia, South Africa etc.)

Covid-19 Impact and Recovery Analysis on Industry:

We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Assisted Living Software industry. The study categorises the Assisted Living Software industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.

[helloabhius]

Global Assisted Living Software Market to Register Robust Revenue Growth in Coming the Next Ten Years

Global Assisted Living Software Market Size study report with COVID-19 effect is considered to be an extremely knowledgeable and in-depth evaluation of the present industrial conditions along with the overall size of the Assisted Living Software industry, estimated from 2020 to 2026. The research report also provides a detailed overview of leading industry initiatives, potential market share of Assisted Living Software, and business-oriented planning, etc. The study discusses favourable factors related to current industrial conditions, levels of growth of the Assisted Living Software industry, demands, differentiable business-oriented approaches used by the manufacturers of the Assisted Living Software industry in brief about distinct tactics and futuristic prospects.

Major Players Covered in this Report are:

Assisted Living Soft

CareVoyant

Eldermark

Dude Solutions

Carevium

RealPage

MatrixCare

Caremerge

iCareManager

PointClickCare

Medtelligent

AL Advantage

VITALS SOFTWARE

ECP

American Healthtech

Yardi Systems

Get PDF Sample Copy of the Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart) @ https://bit.ly/2E3VSg9

The Assisted Living Software Market study report analyses the industry's growth patterns through Past Research and forecasts potential prospects based on comprehensive analysis. The report provides extensive market share, growth, trends, and forecasts for the 2020–2026 period. The study offers key information on the Assisted Living Software market status, which is a valuable source of advice and guidance for companies and individuals involved in the industry.

The research report will concentrate on leading global players in the Assisted Living Software market report, which includes details such as company profiles, product picture and specification, creation of R&D, distribution & production capability, distribution networks, quality, cost, revenue and contact information. The study report discusses legal strategies, and product development between the industry dynamics that are leading and growing and coming.

Market Segmentation:

The report is divided into major categories comprising product, distribution channel, application, and end users. Every segment is further sub-segmented into several sub-segmented that are deeply analysed by experts to offer valuable information to the buyers and market players. Every segment is studied thoroughly in order to offer a better picture to the buyers and stakeholders to benefit from. Information like highest prevailing product, highly demanded product by the application segment and end users are rightly mentioned in the Assisted Living Software report.

Assisted Living Software Market Size by Types:

Cloud-based

On-premises

Assisted Living Software Market Size by Application:

SME

Individual Users

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Regional Insights:

The Assisted Living Software market is segmented as North America, South America, Europe, Asia Pacific, and Middle East and Africa. Researchers have thoroughly studied about the historical market. With extensive research, experts have offered details on the current and the forecast demand made by these regions. The Assisted Living Software report also includes highlights on the prevailing product demanded by end users and end customers for better understanding of product demand by producers.

This will help the producers and the marketing executives to plan their production quantity and plan effective marketing strategies to more buyers. Businesses can hence, increase their product portfolio and expand their global presence. Assisted Living Software market research report further offers information on the unexplored areas in these regions to help the producers to plan promotional strategies and create demand for their new and updated products. This will again help the manufacturers to increase their customers and emerge as leaders in the near future.

The report answers important questions that companies may have when operating in the global Assisted Living Software market. Some of the questions are given below:

What will be the size of the global Assisted Living Software market in 2026?

What is the current CAGR of the global Assisted Living Software market?

Which product is expected to show the highest market growth?

Which application is projected to gain a lion’s share of the global Assisted Living Software market?

Which region is foretold to create the greatest number of opportunities in the global Assisted Living Software market?

Will there be any changes in market competition during the forecast period?

Which are the top players currently operating in the global Assisted Living Software market?

If You Have Any Query, Ask Our Experts@ https://bit.ly/3atDxFk

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[womensadventuremagazine]

StartUp Health TV 2020: Fahad Aziz, Caremerge https://www.youtube.com/watch?v=jqsBfLQm97Q

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[wholecarenetwork]

Episode 14: One-on-One with Fahad Aziz

[ramshariraut]

German Assisted Living Software  Marktübersicht, Top-Hersteller der Branche, Größe, Wachstumsrate 2021 - 2028 | Statistische Marktforschung

<strong>Marktübersicht</strong> Der Bericht hebt die Markteintrittspolitik für verschiedene auf dem Markt tätige Schlüsselunternehmen hervor. Bei der Erstellung des Berichts wurden verschiedene grafische Präsentationstechniken wie Diagramme, Grafiken, Tabellen und Bilder verwendet. Der Assisted Living Software -Marktbericht unterstützt statistische Analysen in Bezug auf Schlüsselfaktoren, einschließlich der wichtigsten Treiber, Herausforderungen, Chancen und Einschränkungen, die voraussichtlich einen erheblichen Einfluss auf den Marktfortschritt haben werden. Darüber hinaus enthält der nächste Abschnitt des Berichts eine Markteinschätzung von oben nach unten zusammen mit Schlüsselmustern, Hauptakteuren, Herausforderungen, Anordnungsmustern, Eröffnungen, einem professionellen Überblick und einem zukünftigen Leitfaden. Die Marktstudie vermittelt außerdem wesentliche Rahmenbedingungen der Branche sowie wichtige Entwicklungsstrategien und -richtlinien. Auch Marktwachstumstrends und Marketingkanäle werden analysiert. Dann bietet es eine Untersuchung der vorgelagerten Rohstoffe, der nachgelagerten Nachfrage und der aktuellen Marktdynamik.

<strong> <a href=https://www.statistifymarketresearch.com/reports/assisted-living-software-market/sample-request-66500>Request For View Sample Assisted Living Software  Market Report </a></strong>

<strong>Methodik</strong> Der Bericht basiert auf zwei Forschungsansätzen – primär und sekundär. Zu den Hauptquellen gehören Pressemitteilungen, Jahresberichte, Regierungswebsites usw. verschiedener Unternehmen, die in dieser Branche tätig sind, sowie Ansichten verschiedener Analysten, Experten und Forscher. Sekundäre Quellen umfassen wirtschaftliche, politische, soziale und andere Szenarien des Marktbereichs. Verschiedene Quellen tragen zusammen zur Erstellung dieses entsprechenden Berichts bei, um das Marktwachstum zu verbessern. Die Berichtsforschung enthält verschiedene Ausblicke auf die verschiedenen Marktsegmente.

<strong>Berichtszusammenfassung</strong> Berichte sind für jede Art von Kommunikation auf Organisationsebene äußerst wichtig. Die in diesen Berichten zum Ausdruck gebrachten Erkenntnisse werden regelmäßig als Nährboden für Entscheidungen genutzt, die sowohl die kurz- als auch die langfristige Planung des Unternehmens betreffen. Obwohl die Anforderungen und der Inhalt eines Berichts für verschiedene Unternehmen unterschiedlich sein können, besteht der unkomplizierte Ansatz darin, Fakten und gesammelte Daten darzustellen, um dem Leser nützliche Informationen zur Verfügung zu stellen, um eine vernünftige Entscheidungsfindung zu fördern. Es soll umfassend über alle Hindernisse und Leistungen des Unternehmens Rechenschaft ablegen. Der von unserem Team erstellte Bericht hilft der Geschäftsführung der Organisation, Fortschritte und Wachstum zu verfolgen, Trends oder Unregelmäßigkeiten zu erkennen, die möglicherweise weiter untersucht werden müssen.

<strong>Marktsegmentierung</strong> Um einen strategischen Vorteil zu erzielen und eine bessere Geschäftsstrategie zu gestalten, ist es wichtig, die operative Hauptstrategie der Wettbewerber, den Markterfolg in der Vergangenheit sowie das Produkt- und Serviceportfolio zu berücksichtigen. Die Recherche wird mit der richtigen Marktsegmentierung viel einfacher und detaillierter. Die Studie bietet eine detaillierte Segmentierung des globalen Assisted Living Software -Marktes basierend auf Umsatz, Umsatz, Wachstumsrate und Marktanteil jedes Segments. Die primär analysierten Segmente sind Software, Endbenutzer und Land. Es ermöglicht den Stakeholdern, jeden Teilmarkt strategisch in Bezug auf den individuellen Wachstumstrend und den Marktbeitrag jedes Teilmarktes zu bestimmen und wettbewerbsfähige Erweiterungen, Allianzen, neue Produkteinführungen und Akquisitionen des Marktes zu schaffen. Die Datentabellen und die zugehörigen Grafiken im Bericht machen die Forschung leicht verständlich.

<strong>Globaler Assisted Living Software -Markt nach Produkttyp und nach Anwendungen:</strong>

By Application ( Appointment Scheduling,   Resource Allocation,   Documentation of Services)

By Type ( Cloud-based, On-premises,)

<strong>Top gelistete Unternehmen:</strong> American Healthtech,<br> Yardi Systems,<br> RealPage,<br> PointClickCare,<br> MatrixCare,<br> AL Advantage,<br> Assisted Living Soft,<br> Caremerge,<br> Carevium,<br> CareVoyant,<br> Dude Solutions,<br> ECP,<br> Eldermark,<br> iCareManager,<br> Medtelligent,<br> VITALS SOFTWARE,

<strong>Gründe, diesen Bericht zu kaufen:</strong> Es bietet eine deskriptive Analyse der Nachfrage-Lieferkette im Assisted Living Software  Markt. Der Bericht enthält eine statistische Analyse einiger bedeutender wirtschaftlicher Fakten. Verschiedene Daten im Bericht wurden in Form von Zahlen, Diagrammen, Grafiken und Bildern dargestellt, um den Markt klar zu beschreiben. Der Bericht enthält die Marktdefinition des Assisted Living Software -Marktes sowie die Analyse verschiedener Variablen, die den Markt beeinflussen, z. B. Treiber, Beschränkungen und Chancen.

<strong> <a href=https://www.statistifymarketresearch.com/checkout/?currency=USD&type=single_user_license&report_id=66500>Do Inquiry Before Purchasing Assisted Living Software  Market  Report</a></strong>

<strong>Die Forschung liefert Antworten auf die folgenden zentralen Fragen</strong> Was sind die größten Bedrohungen und Herausforderungen, die das Wachstum des Assisted Living Software -Marktes voraussichtlich behindern werden? Auf welche großen Chancen können sich die Marktführer verlassen, um Erfolg und Profitabilität zu erzielen? Wie wird die Fortschrittsrate des Assisted Living Software -Marktes für den Vermutungszeitraum 2021–2028 sein? Was sind die wichtigsten Faktoren für den Assisted Living Software -Markt in verschiedenen Regionen? Wer sind die größten Anbieter, die die Assisted Living Software -Branche dominieren, und welche Erfolgsstrategien verfolgen sie?

<strong>Regionale Analyse</strong> Statistify Market Research bietet Syndizierungsberichte von Marktforschern aus der ganzen Welt. Ready-to-buy Syndication Marktforschungsstudien helfen Ihnen, die relevantesten Business Intelligence zu finden. Unser Research Analyst bietet Geschäftseinblicke und Marktforschungsberichte für große und kleine Unternehmen. Das Unternehmen hilft seinen Kunden, Geschäftsrichtlinien zu entwickeln und in diesem Marktbereich zu wachsen. Statistify Market Research interessiert sich nicht nur für Branchenberichte zu den Themen Halbleiter und Elektronik, Maschinenbau, Informations- und Kommunikationstechnologie, Automobil und Automobil, Chemie und Material, Verpackung, Lebensmittel und Getränke etc., sondern auch Ihre Unternehmensdaten, Länderprofile, Trends , Informationen und Analysen zu Ihrem Interessensbereich.

<strong>Anpassung des Berichts:</strong> Den maßgeschneiderten Bericht erhalten Sie von unserer Beratungsfirma zu einem günstigen Preis. Wir liefern aktualisierte Informationen entsprechend den Anforderungen der Kunden in der Marktwelt.

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<strong> <a href=https://www.statistifymarketresearch.com/assisted-living-software-market>Full Report Summary of Assisted Living Software  Market </a></strong>

<strong>Über Statistify Market Research</strong> Statistify Market Research zielt darauf ab, perfekte Informationen bereitzustellen, die den tatsächlichen Stand der Handlungen unter Nutzung primärer sowie sekundärer Informationsquellen abbilden. Statistify Market Research arbeitet sehr unvoreingenommen und strukturiert und arbeitet nach einem geordneten Prozess und verfügt über qualitativ recherchierte Informationen zu den Verfahren. Die in jeder Phase befolgten Verfahren sind systematisch, gut dokumentiert und so weit wie möglich im Voraus geplant. Statistify Market Research verwendet die empirische Methode bei der Erhebung von Daten und wird untersucht, um das bisherige Konzept der Theorie zu überprüfen.

<strong>Company Name - Statistify Market Research</strong> Office Address - 156, Sector 9 Vasundhra Aptts Rohini, New Delhi 110085 IN Telephone Numbers - (+44) 162-237-1047 (+44) 162-237-1047 Email ID - <a href="mailto:sales@statistifymarketresearch.com"><strong>sales@statistifymarketresearch.com</strong></a> Contact Us – <a href="https://www.statistifymarketresearch.com/contact-us/"><strong>https://www.statistifymarketresearch.com/contact-us/</strong></a>

[womensadventuremagazine]

Health Moonshot Showcase 2019: Nancy Koenig, Caremerge https://www.youtube.com/watch?v=3m5GM3gEg5I

[livingwellworld]

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[priya1sharma]

Assisted Living Software Market Growth Analysis, Opportunities And Forecast Report till 2025

Assisted Living Software Market Growth Analysis, Opportunities And Forecast Report till 2025

This report studies the global Assisted Living Software market, analyzes and researches the Assisted Living Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • American Healthtech • Yardi Systems • RealPage • PointClickCare • MatrixCare • AL Advantage • Assisted Living Soft • Caremerge

[instapicsil1]

If you missed @howardtullman’s last appearance on @tastytrade for 2017 we’ll help get you up to speed. Not only did he surprise Kristi Ross with an exclusive @ellensartips puppet but there were quite a few surprises in store for him as well. . See what @georamalive, AE Marketing’s Brian Walker, @ashvinlad, @itsclaudiasworld, @lwithane, Asif Khan of Caremerge, @heatherholmes1, @mmeltz29, @julierothnovack, @aronsondavid and Adam Wisniewski of @ex3labs had to say about Howard and what his time at 1871 has meant to them. Link in bio. http://ift.tt/2BVkQIb

[instatrack]

If you missed @howardtullman’s last appearance on @tastytrade for 2017 we’ll help get you up to speed. Not only did he surprise Kristi Ross with an exclusive @ellensartips puppet but there were quite a few surprises in store for him as well. . See what @georamalive, AE Marketing’s Brian Walker, @ashvinlad, @itsclaudiasworld, @lwithane, Asif Khan of Caremerge, @heatherholmes1, @mmeltz29, @julierothnovack, @aronsondavid and Adam Wisniewski of @ex3labs had to say about Howard and what his time at 1871 has meant to them. Link in bio. http://ift.tt/2BVkQIb

[nyitsomces]

@somcesnyc Students from the 1st Graduate Entrepreneurship Program travel to San Jose for the Open Silicon Valley Conference. Students met with Venture Capitalists D. Naveed Sherwani of PeerNova and Dr. Salman Azhar of Duke University, visited the prestigious Plug and Play Tech Center and were led in their venture assessments from Fahad Aziz, founder of CareMerge which recently raised $20 million in Series B funding.

[organisemybiz]

David Glickman Crunch Network Contributor David Glickman is an entrepreneur-in-residence and digital health advisor for Nokia Growth Partners (NGP) and founder of Lively (now part of GreatCall Inc.). How to join the network The current market for older adult care is massive — and growing at an unprecedented rate. According to an AARP report, the 106 million Americans over 50 represent a transformative force that will generate more than $13.5 trillion in annual economic activity by 2032, accounting for more than half of the U.S. GDP. In addition, Deloitte forecasts they will amass $26 trillion in financial assets by 2029. The older adult care challenge will continue to expand as nearly 10,000 baby boomers reach retirement age each day; in fact, research has shown that baby boomers will account for a 73 percent increase in the 65+ population. And, more than 30 million boomers will be managing more than one chronic health condition by 2030, according to the American Hospital Association. So how will current and future generations take care of the massive surge of parents, grandparents and great-grandparents who live longer and want to stay in their own homes? While the need for ongoing older adult care advances is clear, we’re still not sure what to call it (e.g. elder care, senior care, older adult care — what’s the right phrase to use?). In addition, many entrepreneurs aren’t sure how to make the most of it. Thankfully, older adults are embracing a variety of health-centric technology initiatives — from telemedicine and remote diagnostics to remote/automated monitoring and home-installed sensors, and I’m seeing the pace of this adoption increasing at a nice clip. We’ve got a ways to go, but the trajectory is in the right direction. Yet, Accenture predicts that half of digital health startups will fail within the first two years. So how can entrepreneurs not only survive, but also thrive? As an entrepreneur who experienced these challenges firsthand, I’m often asked what we learned or what we could have done better with the gift of hindsight. Thus, here are my six top things for an entrepreneur to consider to create a successful business when building an older adult care product, service or experience. Choose your words wisely Labels and word choice matter more for this growing market than other endeavors — people want and deserve labels that preserve their dignity and let them age with grace. As an entrepreneur and investor, I struggled with this daily — and still do. How do you describe and address your elders properly while still being respectful? Do they prefer “elder,” “older adult,” “senior,” “senior citizen”? Our team at Lively decided “older adult” was the best descriptor for our target audience, but you need to pick which one will resonate with your audience, then commit to it. Solve specific problems If you try to be all things to all older adults, you will fail. The older adult community consists of so many micro groups — from youthful 60-year-olds to frail 90-year-olds, sedentary to active, employed to retired, and so on (and frankly, “youthful” and “frail” are not usually age specific, so I caution against segmenting strictly by age — you need multiple filters). Successful companies focus on one, maybe two, archetypes and provide effective solutions for those individuals. They often serve an extremely specific older adult demographic. Pick an archetype and use your chosen audience as the filter for all other initiatives. As difficult as it is for me to admit (given their fear-based selling and circa 1970 creative and product design), traditional personal emergency pendant companies like Life Alert understand this maniacal focus on targeting, and they do it well. Dig into distribution Investors and industry leaders offer startups so many tools for success — funding, product feedback, pilots to get in the door, etc. — but none compare to distribution. Entrepreneurs trying to build an older adult care business need to understand that it is a fragmented market with a complicated sales process, where the buyer is usually more than one person. You not only have to sell to the older adult, but also to the caregiver (often an adult child). Successful older adult care businesses will be built on a foundation that addresses an incredibly specific audience. In addition, successful older adult care solutions must fit into the existing workflow or you risk stalling adoption. Distribution is what it is all about in the older adult care business. Without it, you will never reach the scale you need to thrive. The teams at ClearCare and Caremerge are good examples of companies that focused successfully on distribution. Both worked to understand what it would take to win in their market (home care agencies and senior living communities, respectively) by understanding how to make their product a “must have” rather than a “nice to have.” Once the solution became a “must” to decision makers, they had the will to mandate the solution through their organization. Prioritize design It doesn’t matter if you are 10 or 90, everyone appreciates great design. Ignoring design simply because you are targeting an older audience is an enormous, and costly, mistake. Design for older adult care solutions goes well beyond simple look and feel; great design encompasses the entire customer experience. Design can bring your brand to life by making your product/solution so easy to use (and sell) that it becomes a “must have” for your target audience. However, it is something that is extremely difficult (some may even argue currently impossible) to achieve at scale. The evolution of Personal Emergency Response (PER) buttons that don’t go around the person’s neck are a prime example: People crave it, yet no vendor has become the solution. I blame design. Our inspiration at Lively was the story of OXO and its focus on older adults leading to ultimate success. Make the user the ultimate guide Yes, the older adult should still be your primary focus. I have talked to so many startup founders in the space that lead with the benefits their solution or product provides for the caregiver, family, senior living center, hospital, insurer, etc. … basically every stakeholder other than the older adult themselves. We made that mistake when we launched Lively, but quickly realized that the older adult should take priority. Design with your defined older adult archetype in mind, first and foremost, from the start, so they “want” it. You need to offer a direct benefit to make a personal, emotional, visceral connection that moves your audience to embrace the technology and make it stick. The 2016 Survey Report from Aging 2.0 is a helpful primer for any entrepreneur trying to break into the older adult care space. Prototype everything It may seem like an obvious point, but when many entrepreneurs (me included) think about prototyping, they focus solely on design and user experience. This is indeed crucial but, looking back, prototyping must also include the distribution strategy to succeed in the older adult care market. While in-home research, testing and listening is valuable as you design the experience, you must also spend time thinking about potential distribution strategies and partners. Bring in potential partners early in the process and get answers to important questions like: Will this fit into the current workflow? How does it fit into the current payment model? What does the partner’s sales cycle look like? What is the real benefit to the user and caregiver? What is the trigger point? How can you reach the user at the exact trigger point? and more. The IoT opportunity As the Internet of Things (IoT) evolution takes hold in mainstream consumer culture and smart devices and smart homes become the norm, the opportunity for entrepreneurs to solve older adult care challenges with technology advances will continue to grow. The established tech giants will be moving into the space soon, so now is the time for entrepreneurs to stake their own claim. Timing is everything. Industry pundits predict that 50 billion devices and one trillion sensors will come online in the years ahead — from cars and computing devices to appliances and biometric sensors. The opportunities at the intersection of IoT and care are real and achievable. What would have seemed like something out of a Sci-Fi movie 10 years ago now seems like a viable next step as smart home advances and sensors continue to permeate the market. Yet, it is still quite early, and I know firsthand there are many challenges when applying IoT to older adult care solutions. Michael Rogers may have said it best in a previous AARP report: “Boomer ideals were forged in an era when human rights and individual freedoms were central concerns … Boomers want technology to fit the lives they have made and the values they hold dear.” Successful older adult care businesses will be built on a foundation that addresses an incredibly specific audience, understands the importance of distribution, makes design and user experience a priority and solves the prototyping puzzle. Entrepreneurs who can create that foundation will be able to reap the rewards of this exploding, yet challenging, market opportunity. Featured Image: Michael H/Getty Images

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When you consider that many seniors were around for the invention of the television in 1927, it is no wonder that they may be resistant to new technology and especially social media. For many seniors, computers are intimidating, but it is critical for family members and the healthcare community...