"COVID-19" articles

Parks Associates’ seventh annual   Connected Health Summit: Consumer Engagement & Innovation  will take place virtually on September 1-3, 2020.  Th is executive conference focuses on the impact of connected devices and IoT healthcare solutions on consumers at home. Rob Schneider , Senior Vice President, Commercial Operations at OMRON Healthcare, Inc.  and a member of the event's advisory board, shares his insights on the effects of COVID-19 on...

The outbreak of COVID-19 has had a significant impact on the fitness and wellness market – due to social distancing and shelter in place orders, and with many gyms closed, a large percentage of consumers have been looking for alternative workout solutions. Our latest research shows that between Q1 2019 and Q1 2020, intention to purchase a smart watch rose from 13% of US BB Hhs to 20% of US BB Hhs. Over the past several years we’ve seen new innovations in technology that have...

On August 5th, telehealth pioneer Teladoc announced that it would be acquiring/merging with leader in diabetes management Livongo in a stock swap arrangement valued at $18.5B. This deal highlights how the telehealth - and overall medical landscape - has changed in 2020 as a result of COVID-19. Teladoc and Livongo Key Facts (source: Teladoc) Parks Associates has followed the connected health market for over a decade, watching its slow growth and acceptance in the...

Parks Associates launched the  CONNECTIONS™ Community  in 2020 as an online conference and networking experience focused on the connected home and IoT industries.  The CONNECTIONS™ Community  will host multiple special networking events over the next three months, leading up to the main virtual conference on November 10-12, which will bring together industry leaders to network and discuss the growing smart home market. Ahead of the event, Mitch Klein,...

The streaming video product market is changing as a whole, with streaming video subscription services contributing significantly to the rising number of users. The COVID-19 crisis is also having an impact on the growth of the streaming video product market, and many sheltering in place households are turning to technology as their primary form of entertainment and productivity. Consumer demand for streaming video products is at an all-time high, and the streaming video market has seen...

Gene Wang, CEO and Co-founder of People Power Company and a member of the advisory board for the upcoming Connected Health Summit, shared his thoughts with Parks Associates on Covid-19's impact on the connected health markets and the healthcare economy ahead of the conference. The Connected Health Summit is a three-day executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home and will take place virtually on September 1-3,...

The COVID-19 crisis is having a significant impact on video consumption with a large percentage of new subscribers adding video services. OTT services with significant gains in subscribers include Apple TV+ and Disney+, which is unsurprising given their recent launches into the market. OTT service providers are tapping into the captive at-home video consumer base brought on by shelter-in-place orders and work-at-home mandates. The combination of free content, promotional...

Parks Associates’ Connected Health Summit: Independent Living and Wellness is a three-day executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home. Ahead of the event, Rob Schneider, Vice President of Sales and Marketing at OMRON and a member of the event's advisory board, shared his thoughts on what healthcare looks like in a crisis with the Parks team: 1. Telehealth and telemedicine solutions have been thrust to the...