New Parks Associates research connects smart home trends with advances in healthcare
LAS VEGAS – January 3, 2022 – In conjunction with the CONNECTIONS™ Summit at CES 2022, EarlySense® today announced its research sponsorship with market research firm Parks Associates and the corresponding development of a comprehensive new whitepaper titled, Health at Home: New Era of Healthcare.
Released this week at its flagship CONNECTIONS Summit conference, the new whitepaper examines the state of the virtual care market, with particular emphasis on the factors driving the shift from facility-centric care to healthcare at home. The analysis delves into the technology solutions needed to facilitate longer-term remote care, particularly with respect to provider ability to continually assess patient deterioration or significant changes in overall health.
“The pandemic has forever changed the trajectory of health and wellness. The industry is undergoing a shift as consumers, especially seniors, have become accustomed to using new technologies for healthcare services and communication,” said Jennifer Kent, VP, Research, Parks Associates. “Out of necessity, the market for remote health technology products and services accelerated 5-10 years beyond where we expected it to be pre-pandemic.”
According to the new whitepaper, there are a confluence of factors driving the expansion of healthcare into the home – each of which is explored and supported by recent Parks Associates research and surveys:
- Reimbursement changes
- Regulatory changes
- New funding
- Staffing shortages
- Device innovation
- Consumer demand
“We’re proud to support the research and analysis done by Parks Associates around the myriad factors converging in the marketplace with respect to the advancement of in-home virtual care solutions,” said Terry Duesterhoeft, Chief Product and Commercial Officer, EarlySense. “This body of research uses data and hard evidence to defend the work being done across the industry to deliver on a future that enables healthcare providers to proactively understand and manage care for their patients.”