Home Healthcare Summit & Awards 2018

The home healthcare in India is going through transformation and catching attention of entrepreneurs and investors. The industry is becoming an organized, technology-led with standards and protocols. The current home healthcare market in India is US $3.2 Million and this is expected to grow are CAGR of 18% to reach US$6.2 Billion by 2020. The industry is driven by an aging population, the increasing prevalence of chronic diseases and the need for better quality post-operative and primary care. India has the second largest geriatric population in the world. According to a United Nations Population Fund report, the number of people age 60 and over in India will increase from 100 million in 2011 to 300 million by 2050; this means one in five Indians will be above the age of 60. Of the 300 million over-60s, 200 million are likely to be suffering from chronic ailments.

With life expectancy increasing significantly in India, “home health care is becoming mandatory. Patients who are suffering from chronic illness like heart failure, respiratory failure and Alzheimer’s do not really need hospitalization. With advanced medical gadgets, most of the patient monitoring, which [was earlier] possible only in hospitals, can now be offered with remarkable ease at home