The AgeingFit conference programme discussed all the aspects of the healthy ageing sector. It was organised in three tracks: “From needs to ideas”, “From ideas to innovation” and “From innovation to market”.
Tailored to fit our multi-faceted audience, the AgeingFit 2018 conference programme featured topics related to retirement homes internal innovation processes, collaborative and open innovation, prevention, and gave a focus on market access, financing and regulations.
As longevity rises, a growing population is likely to experience a decline in capability and independence, with increased demands for health and social care services. The consequences of ageing demographic trends in Europe appear to create societal as well as financial challenges and raises several issues. How to manage the necessary formal and informal care, services and health care costs to assist older and dependent people? Which part to be played by public health payers and private insurers? Through feedback and discussions from different countries, this plenary session will review the ongoing experimentations and systems developed in Europe to manage the implications of the old-age dependency ratio.
Alongside IP strategies, having a clear regulatory strategy is crucial to avoid failure to approval. Clearly defining the final product regulatory framework and target markets is not to be overlooked. Therefore, it is key to integrate these parameters from the development phase. What are the pitfalls to be anticipated at the early stage of R&D?
The EU has been working on establishing a strong framework for the definition and development of the Silver Economy in Europe. Several EU-funded initiatives have been launched to stimulate the market and support innovation projects. How to boost the implementation of these EU-funded projects? How to ensure they are integrated into commercially viable product, start-ups or services? Our panel of experts will discuss the do’s & don’ts for innovative solutions to further progress from niche products, to overcome market uncertainties and to establish strong business models.
The growing awareness on the needs and opportunities brought by an extended lifespan raises the challenge of financing the deployment and development of innovative solutions. While the main investment sources in innovation for healthy ageing depend on the public sector, how can governments stimulate private players to finance innovative projects? What investments are being made today in Europe and what types of investors are involved? Which funding instruments to create new synergies between public and private investors and leverage the funds’ destination and impact?
ICTs provide a major opportunity for patient care improvement by facilitating the exchange of information among healthcare professionals. However, the systems used within the healthcare organizations have often been developed independently with heterogeneous tools and processes, putting the brakes on a seamless exchange of patients' information. Which models to improve older patient information exchange between the home, the practitioner, the hospital and the nursing home? Which recent innovations and standards are developed in different countries of Europe to achieve interoperability? What ground for collaborative actions from the key players in the patient journey?
The EU has launched a series of measures and funding programs to stimulate the Silver economy and help the European industry to be at the cutting edge of the sector. How many innovative projects have been financed? Which impact had these funding programs had on their development and international scaling? The session includes feedback from companies and projects which benefited from such funding.
Senior care sector is a fast-growing and innovative market offering value creation and investment opportunities. Are we witnessing the emergence of dedicated funds? Are some VCs affirming their focus on the senior care market and why are they making this choice? Which role do insurers play in financing innovative businesses? What can we learn from different national models at European level?
Frailty is mostly associated with an increased vulnerability of older adults such as a decrease in physical activity, low energy, unintentional weight loss and loss of grip strength. However, frailty is not an inevitable consequence of ageing and can be prevented and managed to foster a longer and healthier life. Which role are digital solutions playing in the early identification and assessment of frailty core features? How can they enable preventive measures to be applied in time? Which opportunities for improved and personalised geriatric interventions?
Relying on information technologies, digital health has the potential to deliver engaging, personalised, and improved care solutions, and can support an increasing number of caregivers. What are the consequences for the players involved? To what extent are digital solutions adding value to care delivery? How are caregivers and older adults adopting the technology? Is the generated data bringing new levels of accountability for caregivers and clinicians?
An increasing diversity of wearables can be adapted for the older population and can be helpful in the early detection, monitoring and management of medical conditions. However, less is known about the effective use of wearables among elderly populations. This roundtable discussion aims to provide an overview of available technologies and solutions: What are their current use and actions? What are their current results and potential benefits both for patients and organisations? Which applications for the collected data?
Telecoaching uses audio, visual and interactive communications to support healthcare through dedicated programs, encouraging the prevention and management of chronic diseases, inactivity and loneliness for elderly people. Who is using telecoaching and why? Which experimentations and innovative solutions can be found on the market? Which roles are there for the patient and the clinicians?
Based on short pitches and entrepreneurs’ roundtable discussion, this session will feature several case studies of scale up strategies for companies developing connected devices targeting dependency. How did they build their company? How long did it take them to develop the product and market it? How did they find investment and which challenges did they encounter? Which partners did they collaborate with? Which methods did they use in scaling up their business and which are the key strategies to sell abroad?
The Internet of Things is expected to enable a more personalised, preventive and collaborative form of care as it allows health and activity data collection through wearables, sensors devices, remote monitoring systems and health apps. What are these data used for and by whom? How can they benefit the health of older adults? What about data security and protection?
A majority of older adults at risk of malnutrition are living at home dealing with the challenges of accessing and preparing healthy and adapted food. There is therefore a need to provide the correct mix of services to allow older adults to maintain their independence and health from home delivered meal program infrastructure, delivery mechanisms. Is the current offer broad enough to meet the needs of older adults at home? What are the innovative services in Europe to learn from?
Personalised nutrition relies on individual differences in response to various nutrients depending on the age, lifestyle activities, genotype and epigenome. This precision-based approach is expected to reduce disease risk, especially for people with long-term conditions, and could be a sustainable way to improve the quality of ageing life by giving fine-tuned dietary recommendations. How to integrate existing health conditions, personal monitoring and tailored coaching to leverage the outcomes of healthy nutrition patterns?
A growing number of researches have shown that a lower intake of some nutrients and proteins is associated with higher risk of cognitive decline or dementia, stressing out the importance of both healthy dietary patterns and the benefits of an adapted nutrition. How are we acting on this scientific information to promote healthy brain ageing? How to identify population groups which do not have an adequate nutrition for cognitive decline prevention? Which specific products and nutrition programs to accompany older adults at risk?
Diet and exercise are often to be considered together in the overall wellbeing of an individual, especially for the older adult. Despite usual beliefs, physiological decline is not only caused by the ageing process and is closely linked to reduced physical activity and inadequate sustenance. Which services are available on the market to answer both the needs of diet balance and physical activity for the elderly?
Nutrition is a key area where innovative products are needed to bring concrete benefits to older people and boost healthy ageing of the population. The evolution of the elderly nutritional needs, of their sensory food perception and appetite, offers an increased market potential for food manufacturers. How are they seizing these opportunities? Which innovative products are they bringing to the market? How should they market these products?