Demand for Home healthcare services is growing exponentially due to rising elderly population.

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New Delhi, November 11, 2018: Data from the National Health Profile 2017 show that there is just one government hospital bed for every 2,046 people. One research shows that India shares more than 20 per cent of the global disease burden, it accounts for only eight per cent of doctors and six per cent of hospital beds. Private hospitals work on the ALOS (average length of stay) model—the increased availability of hospital beds translates to more surgeries and hence higher revenue. Hospitals prefer to discharge patients who are stable and use the infrastructure for surgeries and other medical procedures for critical patients.  

The rising number of senior citizens—about 150 million—is fuelling the healthcare industry. In a country with an increased movement of people globally to work, elderly parents or family members with chronic diseases are often left behind, and alone. And approximately 29.7 % of the elderly population suffer from depre­ssion and this is mainly because of loneliness.  Experts say the demand for home healthcare services is growing exponentially due to several reasons, including high hospitalisation costs, rising elderly population, need for personalized medical attentio, dismantling of the traditional joint family, lack of quality healthcare service network and increase of non-communicable diseases that require care, but not necessarily hospitalization.
 

Rising chronic diseases are also forcing people to look at home healthcare so that they don’t need to go through frequent hospitalisation. Nurses, doctors and attendants serve the pati­ents’ needs in their own homes, covering even complex services like setting up a temporary ICU. Home healthcare services are also more affordable than hospital stays, operating at appro­ximately 30 percent to 40 percent lower cost than hospital stays.

 
Mr. Rajiv Mathur, Founder, Critical Care Unified (CCU) – a Home healthcare service provider in Delhi/NCR and Mumbai,  would like to share his insights on the following talkpoints:
  • Home healthcare services offer many advantages especially in a big metro cities. 
  • Elder population more adopting these services due to high hospitilsation cost
  • Home healthcare industry in India is estimated to grow from Rs 7,800 crore in 2018 to Rs 91,000 crore by 2025.
  • How Ayushman Bharat scheme will help the home healthcare industry
Corporate Comm India(CCI NewsWire)