How technology is transforming home healthcare - Information Age

Low income, rural, elderly, or ailing patients might not have the means to travel to receive care, and consequently opt for healthcare services at home. Home healthcare is a rapidly expanding market: according to M&M, it is expected to reach $349.8 billion by 2020 globally from $227.5 billion in 2015, at a CAGR of 9.0% during the forecast period. The industry is transforming, and home healthcare companies must adapt to an increasingly digitalised world to remain competitive. In the UK specifically, healthcare organisations, including those within the publicly funded national health system (NHS), are fully aware of the challenges they face: an ageing population will require increased care (often at home due to mobility issues), but budgets are already under intense pressure. Transformation is the only option, and technology is its key driver.