CarePredict Helps You Take Better Care of Older Parents
Grace Mahas — November 16, 2021 — Lifestyle
References: medisuivie
CarePredict is a new AI-powered wearable technology aimed at seniors. Available in Canada, the device aims to help children and grandchildren take better care of their parents and grandparents. The smart wearable rests on seniors' writs and gathers information about the behavior and the vital signs of its wearer.
CarePredict leverages an advanced algorithm that analyzes this data to identify the senior's behavior patterns. If a potential health decline is suspected, the device sends an alert to the family or caregivers. The wearable focuses on preventative health care -- allowing loved ones to intervene proactively and preventively.
“We are excited about bringing our proven technology to Canada and especially thrilled to be partnering with Medisuivie, a company that shares in our commitment to help seniors age independently and safely for longer,” said Satish Movva, CEO and Founder, CarePredict. “With the rapidly aging population in Canada, we believe there is a strong need for an innovative solution like ours that augments caregivers and provides them actionable insights that allows them to intervene before there is an actual issue.”
CarePredict leverages an advanced algorithm that analyzes this data to identify the senior's behavior patterns. If a potential health decline is suspected, the device sends an alert to the family or caregivers. The wearable focuses on preventative health care -- allowing loved ones to intervene proactively and preventively.
“We are excited about bringing our proven technology to Canada and especially thrilled to be partnering with Medisuivie, a company that shares in our commitment to help seniors age independently and safely for longer,” said Satish Movva, CEO and Founder, CarePredict. “With the rapidly aging population in Canada, we believe there is a strong need for an innovative solution like ours that augments caregivers and provides them actionable insights that allows them to intervene before there is an actual issue.”
Trend Themes
1. Senior-focused Wearable Health Devices - Increasing use of AI-powered wearable technology aimed at seniors to assist caregivers in providing proactive and preventative care.
2. Preventative Health Care - Increased focus on preventative health care through the use of wearable technology that gathers data and identifies behavior patterns to alert caregivers of potential health decline.
3. AI-powered Health Monitoring Devices - Growing demand for AI-powered devices that monitor vital signs and behavior patterns, allowing caregivers to provide proactive and preventative healthcare for seniors.
Industry Implications
1. Healthcare - Opportunities to invest in and develop wearable technology that uses AI to provide senior-focused care and preventative healthcare.
2. Technology - Growth in the use of AI-powered wearable technology, creating opportunities for investors and developers to create health and wellness solutions for seniors.
3. Aging-in-place - Growing interest in aging-in-place solutions for seniors, leading to increased investment in and development of technologies that promote independence and safety for seniors.
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