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.
Our reports have been used by over 10K customers, including:
Care and concern: Revenue has increased despite challenges from structural reforms and COVID-19 Abstract Aged Care Residential Services in Australia Industry establishments operate long-term aged-care accommodation facilities, including government-approved residential aged-care centres and retirement...
Aiding care: Emergency funding to counteract the effects of COVID-19 is expected to support industry revenue Abstract Domiciliary Care in the UK Companies operating in the Domiciliary Care industry provide intensive, at-home nursing care to patients. Residential nursing care activities are excluded...
Squeaky clean: rising industrial production activity will boost industry revenue growth Abstract Ultrasonic Cleaning Equipment Manufacturing Ultrasonic Cleaning Equipment Manufacturing industry revenue is highly susceptible to shifts in consumer demand, demand for healthcare services and industrial...
Life support: Private equity companies are expected to continue acquiring industry operators Abstract Ambulance Services in the US The Ambulance Services industry exhibited growth over the five years to 2019, driven by demographic shifts. Over the five years to 2024, industry revenue is forecast to...
Shiny teeth: The expansion of Medicaid will likely enable more low-income adults access to dental care Abstract Dentists in the US Over the five years to 2019, the Dentists industry has benefited from advances in dental technology and improved access to care for older adults and low-income individuals....
Remedy for everything: The rapid advent of high-cost equipment is expected to boost industry revenue growth Abstract Medical Equipment Rental Over the past five years, the Medical Equipment Rental industry has exhibited growth due to the rapid advent of high-cost equipment. As many healthcare providers...
Doctor’s orders: Positive demographic changes and rising total health expenditure will likely boost industry demand Abstract Specialist Doctors in the US Over the five years to 2019, revenue for the Specialist Doctors industry has grown. Overall, specialty practices benefited from rising total health...
Step by step: An aging US population and a rising prevalence of diabetes are expected to boost industry demand Abstract Podiatrists in the US Over the five years to 2019, the Podiatrists industry has stepped in the right direction. Revenue growth has been supported by the aging US population and the...
Health is wealth: Demographic trends are expected to ultimately drive demand for primary care doctors Abstract Primary Care Doctors in Canada The Primary Care Doctors industry in Canada, which includes general practitioners who provide a comprehensive first point of contact and continued care, has exhibited...
Taken care of: A growing and aging population will lead to steady sector revenue growth Abstract Healthcare and Social Assistance in the US The Healthcare and Social Assistance sector has steadily grown over the past five years. The majority of services offered by subsectors in the industry, which includes...
Healthcare
Health Services
Health Insurance
United States
Health Expenditure
Employment Income
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.