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How Technology is Enabling Home Healthcare? |Nilesh Jain|Co – Founder & MD, CliniVantage|

 

Nilesh Jain, Co – Founder & MD, CliniVantage on what really Home Healthcare means, what are the challenges, issues and the merits of the home healthcare in India? Home Healthcare means long term management of chronic infections. It’s all about bringing the comfort into the home and managing the long term care by improving the convenience factor for patients. Patients suffering from respiratory problems, kidney issues, strokes, and hypertension should be more careful regarding their health. With the help of RPM (Remote Patient Monitoring) Technology now hospitals are turning to improved outcomes and reduced costs. This type of patient care extends the reach of physicians, enables a constant relationship between patients and caregivers and offers providers a continuous stream of real-time health data. This means doing the last mile care through automation by the provider and bringing the entire ecosystem together. The global home healthcare market is envisaged to be worth US$303.6 bn by the end of 2020 with a CAGR of 8.1%. The forecast period is set to 2014 to 2020 and is forecasted to be increasing from US$176.1 bn as per the 2013 records. The global home healthcare market is classified on the basis of device type, and services. Based on the classification by device type, the market is categorized into Medical Supplies, Home Mobility Assist Devices, Therapeutics Home Healthcare Devices, and Diagnostics and Monitoring Home Devices.

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