ActiveCare Announces New Independent Market Report by Leading Research Agency
SALT LAKE CITY, May 23, 2011 /PRNewswire/ — ActiveCare, Inc. (ACAR.OB) a leader in senior care technology, today announced the release of “Aging in Place: The Current and Future opportunities of the Electronics Based Home Healthcare Market,” a newly completed market report, published by Incucomm Inc., an independent research firm. ActiveCare’s technologies and services assist seniors no matter where they may be, allowing seniors to live an independent yet safe lifestyle with their medical and everyday needs being met 24/7.
“As the graying of America continues and healthcare costs continue to sour, seniors are demanding a change; they want to age in place,” said John Volpi, CTO of Incucomm. Addressing the needs of the 36 million seniors and the 78 million baby boomers, the report predicts the emergence of a new industry that thru monitoring technology enables seniors to continue to live in their own home allowing them to age in place. Estimating a market size of over 17 million seniors creating a $15 billion per year market, this industry can save society nearly $500 billion in savings each year.
“ActiveCare is poised to take this market by storm. Our products and services allow members to age with dignity, while providing the peace of mind to loved ones and caregivers,” said Jim Dalton, Chairman and CEO of ActiveCare.
With over a decade of pioneering and innovation, ActiveCare’s management has brought to market over 8 monitoring products, including 6 GPS products. Focused on its members, ActiveCare has created a one of a kind CareCenter. “It’s like having a personal assistant or a hotel concierge at the press of a button,” continued Dalton. The CareCenter focuses on assisting members with their needs whether assisting during an emergency or arranging for meal delivery or transportation, the CareCenter enriches the lives of its members.
“We are witnessing a paradigm shift in how we care for the elderly, ultimately redefining what it means to age,” continued Dalton. The market report is available online by going to www.activecare.com.
ActiveCare, Inc., (www.activecare.com) is the service leader in care for the elderly, disabled or chronically ill providing deserved freedom while allowing members to remain living independently longer. The ActiveCare solution incorporates sensor technologies that allows a member to be constantly monitored in their own home and on the go. Inside the member’s home, ActiveCare installs sensors that allows ActiveCare’s 24/7 CareCenter(TM) to monitor their movements and health conditions. When the CareCenter(TM) detects any type of anomaly it can immediately contact the member through a body worn watch device, the ActiveWatch(TM) or through the ActivePortal(TM), a video portal located in the senior’s home. This video portal allows live video interaction between the member and the CareSpecialist(TM) – providing a personal and bonding experience. The CareCenter(TM) can remotely monitor the member’s eating habits with sensors on the stove, refrigerator and cabinets. The CareSpecialist(TM) can also monitor the medications the senior is taking and insure that they are taking the right medications at the right time – all through ActiveCare’s sensor technologies. In addition, the CareCenter can track vital signs such as heart rate, blood pressure, weight and glucose levels. It can also monitor how long the member has been in bed or in a chair and can assist in turning on and off lights and locking or unlocking doors.
When the members are on the go away from their home, they can be tracked through ActiveCare’s GPS technology. Through the ActiveWatch(TM) or ActiveOne+(TM) PAL members can instantly contact a CareSpecialist(TM) with the press of a button or automatically when a fall occurs.
Headquartered in Salt Lake City, Utah, ActiveCare is committed to providing consistent excellence in quality and safety as well as friendly care for members and caregivers, alike. To learn more about ActiveCare, Inc. visit www.activecare.com or contact investor/media relations at 877-219-6050.
Incucomm and Incucomm Consulting are based on a seasoned team of strategy, business, and technology professionals. Founded in March 2000, the company is based in Dallas Texas, and is privately held.
Incucomm operates an incubator for technology firms, and holds an equity position in a number of young firms. Incucomm Consulting provides services to more mature companies, ranging from large publicly traded corporations, to venture backed firms, and venture investors. Incucomm is on the web at http://www.incucomm.com
SOURCE ActiveCare, Inc.