Age-Tech is a quickly growing digital vertical that is gaining attention from entrepreneurs and investors, particularly as the longevity market as a whole takes off.
Highlights
• “Age-Tech” is emerging as the preferred way to describe the intersection of Longevity and Technology.
• Age-tech is at the point now where Fin-tech was in 2007.
• There are 4 categories of digital-enablement in Age-Tech: 1) services purchased by older people; 2) services purchased on behalf of older people; 3) services traded between older and younger people; 4) services delivered to future older people.
• Why is Age-Tech emerging now, why not 5 years ago or 5 years from now? Several factors including the release of significant reports,
a growing awareness of the sheer magnitude of the “gray dollar” and governments around the world focusing more on this sector.
• Where are the Age-Tech hubs emerging globally? Japan, The Netherlands, Scandinavia, and the UK. Nationally…the race is on!
Learn about what Colorado is doing in the Age-Tech space - and more broadly in the Longevity Market - by checking out our special issue of Longvity Colorado's newsletter, Why Colorado’s 50+ Market Is Ripe For Disruption
