LONDON, March 16, 2017 /PRNewswire/ -- Australia had the twelfth highest GDP in the world about $1.35 trillion accounting for 1.8% in $73 trillion global GDP. Australia had a population of 24 million that accounts for 0.3% of the global population. About 15% of Australia's population were senior citizens (above 65 years old) and the average life expectancy was 82 years.
Home health care refers to a wide range of health care services that are provided to individuals at their residence for any illness or injury. Residential nursing care refers to the provision of long or short-term care for individuals who suffer from serious or persistent health issues or need recuperation services.
IoT Driving Home Healthcare Market was home healthcare and residential nursing care services market's top trend as of 2016. Many home health care companies are implementing IoT solutions to monitor and track health of chronically ill and geriatric patients. They are adopting these tools to deliver better quality service to patients. For instance, Qualcomm and Philips IoT application reduces readmission costs. This application connects medication dispensers, biosensors and self-care glucose meters enabling remote patient monitoring, chronic care management and connected medication management. .This technology enables home care service providers to track patient's health and those availing home care to manage their health from remote areas without a physical appointment with the doctor.
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