Accessible Home Health Care: A Major Opportunity In 2015

December 11, 2014
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Home_Healthcare
As a new healthcare economy evolves in the United States, new opportunities are emerging in technology-driven sectors. Accessible home health care has become achievable for many Americans thanks to new advances in telemedicine, wearable medical devices, GPS and Wifi-enabled technologies.

Home_Healthcare
As a new healthcare economy evolves in the United States, new opportunities are emerging in technology-driven sectors. Accessible home health care has become achievable for many Americans thanks to new advances in telemedicine, wearable medical devices, GPS and Wifi-enabled technologies.

Global consultancy Pricewaterhouse Coopers (PwC) recently published their forecast of top health industry trends in 2015. The PwC report highlights wearable medical technologies and “DIY healthcare” as two top growth areas for next year.

Both of these trends are the result of new market forces created by the Affordable Care Act, combined with demographic changes resulting in an ever growing population of elderly people. And as we’ve discussed previously, today’s elderly are fiercely independent, with a strong desire to remain at home for as long as possible.

As with all major changes, there are going to be winners and losers. One thing is for sure. These are exciting times for healthcare technology companies and home healthcare providers, as we enter a period of enormous change for the U.S. healthcare system. PwC’s Health Research Institute which published their 2015 forecast, is an outstanding source of information and analysis for all things related to healthcare and life sciences. I encourage everybody with an interest in these issues to familiarize themselves with this excellent resource.