Hearing loss, cardio vascular diseases, cognitive impairments, balance disorders and mental health conditions are amongst the ten most prevalent health challenges, which people over 65 -a constantly increasing age subgroup of EU citizen – experience.
– The management of the above conditions by healthcare systems is characterized by high and rising costs as well as gaps in quality, safety, equity, and access
– The annual cost of managing Hearing Loss in the European Union is €213bn
– The total economic cost of dementia worldwide increased from US$279 bn in 2000 to $948 bn in 2016, with an annual growth rate of 15.94%
– The total cost of cognitive disorders in Europe in was 240bn
– Estimated cost of falls in Europe is 25bn Euro annually and fall-related expenditures exceeding 45 billion euros by the year 2050 euros by the year 2050
Digital tools hold promise for many health benefits that can enhance the independent living and well-being of the elderly. Yet, their use is often perceived to have technological and privacy risks.