How Smart Home Healthcare Services Change Healthcare System Globally?

Healthcare provided in a context-aware house that can make intelligent decisions immediately and act on its behalf is referred to as "smart home healthcare." Products for smart homes that monitor your health present new potential for the healthcare industry. An ecosystem of gadgets and sensors known as "smart home healthcare" enables real-time monitoring of residents' health.

The mass public can now more easily and affordably embrace these technical tools thanks to the rapid growth of global Internet infrastructure. The global smart home healthcare market is on the track to hitting a $97,148 million value by 2030.

In the not-too-distant future, people will be able to live in houses that most likely already have a built-in healthcare system. The foundation of highly developed healthcare systems worldwide is likely to be smart home healthcare systems. Smart home healthcare systems are anticipated to save lives and money, boost productivity, and improve the ability of the healthcare system in the future.

Future of Smart Home Healthcare System

The development of cutting-edge and innovative goods has greatly increased the appeal of IoT devices in the home healthcare industry. For instance, LifeFone Inc.'s LifeFone fall detection pendant. case the individual falls send a warning to the emergency response center. Other Internet of Things (IoT) gadgets are widely accessible and offer smart home healthcare services. Consumers throughout the world have responded well to these products.

Moreover, the number of persons 65 and older is anticipated to rise from 703 million in 2019 to 1.5 billion by 2050, as per the World Population Ageing 2019 study. As a result, there is a rising need for smart home technology that can help senior citizens live safely and independently at home. Because of this, there is a rising need for fall prevention and detection tools that enable users to call for help right away.

Another important factor influencing the need for smart home healthcare systems is the rising desire for mHealth services. Delivering healthcare services using mobile technology, such as smartphones, tablets, laptops, and personal digital assistants (PDAs), is known as "mHealth".

For example, most recently released smartphones contain health parameter sensors, like Lava Pulse and Honor Play 4 Pro. This makes it possible to monitor one's health at home using wireless and mobile technologies.

Another significant element driving the need for smart home healthcare services is the rising prevalence of chronic illnesses. The leading causes of mortality and disability worldwide are chronic illnesses including diabetes, cancer, and heart ailments.

For instance, the Interaction Design Foundation (IDF) Diabetes Atlas estimates that 463 million persons in the 20- to 79-year-old age range had diabetes in 2019. By 2030 and 2045, this figure is projected to rise to 578 million and 700 million, respectively.

To measure the blood sugar levels, heart rate, and blood pressure for early illness identification and lower healthcare expenses, smart healthcare equipment including electrocardiogram (ECG) devices, glucometers, and smartwatches are used.

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Why Is Internet of Things Key Enabler of Smart Home Healthcare Solutions?

 Gone are the days when people had to visit the doctor every time they wanted a consult or get themselves tested for routine stuff, such as heart rate, blood glucose, and blood pressure. With connected devices and the internet of things (IoT), such things can be done at home. Connected devices, such as smartwatches and multiparameter monitors, track several aspects of health and fitness and automatically transmit the data to the doctor via the internet. This way, people don’t even have to visit the doctor to get their lab results analyzed.

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Smart home healthcare solutions are especially useful for older people (65 years and above), 1.5 billion of whom would inhabit the earth by 2030, compared to 703 million in 2019, as per the United Nations. Not only do the elderly suffer from more diseases than younger people, but they are also physically weak, which is why it is not possible for them to make repeated doctor visits. In addition, having their health and fitness parameters monitored and delivered to the doctor right from their home also helps them in saving on healthcare expenditure. 

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Fall detection and prevention, health status monitoring, safety and security monitoring, nutrition/diet monitoring, memory aids, and several other smart home healthcare solutions are available presently. Among these, health status monitoring solutions are the most popular, as these are easy to deploy and give a basic idea of a person’s health. With the increasing consciousness about personal wellbeing, people are increasingly tracking their heart rate, number of steps walked and calories burned, and sleep quality.

Presently, the largest contribution to the smart home healthcare market is made by North America, which boasts a higher per capita income, thereby leading to high sales of such expensive solutions. Moreover, a number of companies offer such solutions in the region, and several new smart home healthcare products are being launched, driven by R&D. Along with North America, the adoption of the concept will increase quickly in Asia-Pacific (APAC), because numerous major consumer electronics companies offer these. In addition, the smartphone penetration, health consciousness, and disposable income are increasing here.

Hence, as more people become aware about the innovative applications of connected devices and smartphones for personal wellbeing, the demand for smart home healthcare solutions will burgeon.

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