An Effectiveness and Cost-Estimation Model for Deploying Assistive Technology Solutions in Elderly Care
Abstract Background Deployment of modern assistive technologies is one of the major trends contained in the strategies of developed countries. However, the use of technology in households is not yet a common practice. The aim of this paper is present a model for assessment of selected smart device solutions in elderly care and the evaluation of overall care costs. The model provides the optimal set of devices for different target groups in terms of financial savings. Methods The model uses demographic projections taken from Eurostat for EU countries and the disability incidence from the annual report of the Ministry of Labour and Social Affairs of the Czech Republic as an input. The model was implemented in the software Stella Professional dedicated to system dynamics modelling including a web interface and is accessible online. Results In relation to the combination of five assistive devices for the elderly, the optimal solution, the cost savings are 37.8% or182 billion CZK), cumulatively in the simulated time period 2021-2060. Out of the five available assistive devices, up to three - UpWalker, Jaco robotic arm and Poseidon - were employed by the model for different target groups. Conclusion According to the performed analysis the assistive technologies proved a significant potential to maintain the quality of life of elderly and lessen the burden on public budgets. With respect to the ongoing demographic transition, the need to employ smart device solutions should further increase and their price could decline with increasing scale of production and overall advancement in technology.