3 care market insights from Develco Products’ CEO
What is the state of the care market in Europe? Hear our CEO Karsten Ries answer this question:
High market activity in parts of Europe
"We are currently seeing very high activity and demand for intelligent care solutions in European countries such as the UK, Benelux, and Nordics.
Looking at Europe as a whole, the market is fragmented, and many countries are not very far in their development when it comes to care technology - even though they are facing the same demographic challenges and are struggling with a lack of care professionals.
In the future, we are sure that many more countries will adopt digital solutions which will open huge business opportunities for providers of intelligent care solutions.”
Increased focus on home care
“With the adoption of IoT in care, we are seeing a shift from providers mainly focusing on care homes to home care.
Technology-enabled care solutions that enable elderly and vulnerable people to live at home safely and independently reduce the pressure on care professionals and free up space in care homes for those who need it the most.
At the same time, relatives and friends can check on their loved ones remotely and have peace of mind knowing they are doing well.”
Develco Products’ platform fits market requirements
“We have spent many years developing and certifying our product platform and are glad to see how well it fits the market’s demands and requirements.
The platform includes many relevant products and services for the care market and also enables integration of relevant 3rd party medical devices.”
Do you want to learn more about our care platform? Find more information here
