healthCMI

Smart healthcare products are technology-based products, which offers benefit of advancements in IT hardware and software for better healthcare delivery. They are emerging set of products with positive prospects in near future due to increasing amalgation of information technology in health offerings services. They could save on ever-growing health care cost by imparting operational efficiency and could bring better clinical outcome with monitoring tools such as smart pill etc. Market Dynamics Increasing number of people above age 60 worldwide leads to higher requirement of healthcare needs with more emphasis on long term care and chronic disease care, which is one the major drivers for growth of the market. Developed economies such as U.S. and Europe are witnessing high number of population ageing 65 and above. According to the U.S. Census Bureau’s report of 2017, around 47.8 million people were aged 65 and older in the U.S. in 2015 accounting for 14.9% of the...

Smart healthcare products are technology-based products, which offers benefit of advancements in IT hardware and software for better healthcare delivery. They are emerging set of products with positive prospects in near future due to increasing amalgation of information technology in health offerings services. They could save on ever-growing health care cost by imparting operational efficiency and could bring better clinical outcome with monitoring tools such as smart pill etc. Market Dynamics Increasing number of people above age 60 worldwide leads to higher requirement of healthcare needs with more emphasis on long term care and chronic disease care, which is one the major drivers for growth of the market. Developed economies such as U.S. and Europe are witnessing high number of population ageing 65 and above. According to the U.S. Census Bureau’s report of 2017, around 47.8 million people were aged 65 and older in the U.S. in 2015 accounting for 14.9% of the...