China had the second highest GDP in the world worth about $12.4 trillion accounting for 15.14% in 75.21 trillion global GDP in 2016. China is the most populated country in the world with a population of 1.4 trillion that accounts for 19.2% of the global population. About 10% of China’s population were senior citizens (above 65 years old) and the average life expectancy rate was 76 years. China offers basic medical and health services such as county hospitals, community health organizations, township health centers and village clinics.
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 the major trend observed in the home healthcare and residential nursing care services market 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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