A section of observers believe that the Indian home healthcare sector is actually in its nascent stage. However, its growth trajectory is considered to be very strong. But what is consolidating the potential of home healthcare industry while making it a popular choice? explores Sandeep Datta of Elets News Network (ENN).
The very mention of ‘Home Healthcare’ suggests it is something related to medical care which can be provided at a patient’s home.
UNDERSTANDING HOME HEALTHCARE
To understand it a little properly one can visualise how care is provided by skilled medical professionals in terms of skilled nursing care, physical therapy, occupational therapy and speech therapy.
It can also include skilled, non-medical care, such as medical social services or assistance with daily living from a highly qualified home health aide.
Home healthcare is unique as a care setting not only because the care is provided in the home, but the care itself is usually less expensive, more convenient, and just as effective as care given in a hospital or skilled nursing facility.
Home healthcare encompasses many elements including diagnostics, hiring of therapeutic and monitoring devices, home medical consultation services, mobility devices, medical supplies and telemedicine.
In India, the adoption of home healthcare solutions remains at an initial stage. If we compare our country with nations like the US, where home healthcare comprises 8.3% of the $280 billion healthcare industry, India lags behind severely comprising merely 2% of the spend, a leading daily stated recently.
But the growth rate in India is much higher. This is driven by a few key factors.
WHAT’S MAKING HOME HEALTHCARE POPULAR?
This story is from the April 2019 / Volume 14 - Issue 4 edition of eHEALTH.
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This story is from the April 2019 / Volume 14 - Issue 4 edition of eHEALTH.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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