Healthy Aging Innovation Center

The Healthy Aging Innovation Center (HAIC) supplies providers of products and services with resources to get aging at home innovations to seniors.

Why the HAIC?

Access to care for seniors in the United States is in serious jeopardy.

  • 70 million U.S. seniors will soon only have 1.7 million licensed beds1
  • Only 13% of seniors can afford to stay in a facility2
  • Family caregiver availability is expected to drop by 43% by 20303
  • Only 14% of older adults can afford professional in-home care needed4
  • There is an expected 25% drop in healthcare worker per senior by 20205

Meanwhile, seniors want, and are able, to age at home.

  • 90% of seniors want to age at home6
  • 80% of older people want things to help them age at home7
  • 49% of seniors are willing to modify their homes to age there8
  • “Baby Boomers” needing care are tech-savvy to adopt innovations
  • The “Aging in Place” marketplace is growing 13% annually9

The HAIC fills a critical need by supplying providers of products and services with resources to get aging at home innovations to seniors.

  1. U.S. Census Bureau 2023/Statistica 2024
  2. Joint Center for Housing Studies 2024
  3. AARP Public Policy Institute 2013
  4. Joint Commission for Housing Studies 2024
  5. American Hospital Association 2025
  6. – 9. iP Capital Group

Inaugural Sponsor

Contact

Ross
Sanders

Director of Centers and Industry Partnerships

Lawrence Technological University
21000 West Ten Mile Road,
Southfield, MI 48075-1058