Home Healthcare Products, Services 'Attractive Market' for Smart Home Industry, Says Parks
A Parks Associates report released Tuesday said 40 percent of U.S. broadband households showed interest in receiving medical alerts via smartphone or another connected device. The Supreme Court’s decision in King v. Burwell “has provided stability to the healthcare industry,…
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making it an attractive market for smart home player,” said Parks. Currently, about 10 percent of U.S. broadband households have a smart home product or service, and the industry is looking for new growth opportunities, said analyst Harry Wang. The smart home could enable new “value propositions” in home-based health and wellness and independent living solutions, he said. Parks will hold the Connected Health Summit: Engaging Consumers in San Diego Sept. 9-10.