The State of Elderly Care Products and How AI Can Revolutionize Aging

Living away from your parents can be hard, harder when they're aging and you are unable to take care of them. Thanks to the never-ending changes this century has brought to us, getting old is not what it is used to be. Globally, the number of persons aged 60 or over is projected to double by 2050, from 1 billion in 2015 to 2.1 billion in 2050. By 2100 it is expected to increase to 3.1 billion, nearly 3 times its value in 2017. Seeing the growth prospects of an aging population worldwide, it is no surprise that the assisted living industry is attracting innovations at a rapid pace, making health monitoring for caregivers a snap.