Aging in place and market size exaggeration
Look closer at that Semicoaging in place $30 billion by 2017. In an article in the Dallas Morning News just a few days ago, the previously noted Semico $30 Billion projection of tech for 'aging in place' by 2017 was quoted again. Nice number, but what's it for? Taking a closer read, the cited report asserts that “almost 70 percent of the over 120 million unit shipments will come from wellness peripherals like glucose meters, blood pressure monitors and smart scales.” Really? Hang in with me a second. That's 84 million of these 'wellness peripherals' that the population which is 'aging in place' will be buying within 3 years, generating that $30 billion.