Geared to the Geezers: A Booming Market 1 in 5 AMERICANS will be 65 or older by 2030, up from 12 percent today.
Where can you find upside in the mature High-Tech business? Selling gadgets designed for seniors:
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Many companies tout their technology as a way for Grandma to keep living her life even as she becomes forgetful. E-pill, based outside Boston, sells electronic medication reminders disguised in wristwatches and pagers. Some of the most popular items are watches with six or 12 vibrating alarms and an alert button that will display the wearer’s name, medical information, and emergency contacts.
For customers who are less active, there’s the MD.2 dispenser, which works like a gumball machine. Pills roll out in cups at preprogrammed times, and if they aren’t taken within a certain period, the $900 machine will call the patient’s son, daughter, or other caregiver. E-pill founder and president Stefan Solvell says the small company began selling in 1999 and has been profitable since 2001.
e-pill is the leading provider of medication reminder / patient compliance devices
FREE Standard Shipping (US only). 30-Day Money Back Guarantee. e-pill has received the "Top Service" award by Yahoo! TOP RATED STORE by Yahoo!
e-pill, LLC is not a Medicare Provider and does not bill Medicare. If you are a Medicare recipient you assume complete financial responsibility for your purchases. e-pill® is a registered trademark.
e-pill Medication Reminders is Boston based medical device company. Since 1999 e-pill timers, watches, pill boxes and alarms have helped patients around the world remember to take medications on time (improve medication adherence / patient compliance).