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Home Care and Hospital-at-Home – Disruptive Technologies and Growth Opportunities_lp

Which growth opportunities are driving the adoption of home care digitalization and hospital-at-home care?

Home care, boosted by digital technologies, offers convenience, affordability, and improved patient outcomes. Key advancements include virtual visits, remote patient monitoring (RPM), and smart medication systems. Future growth opportunities involve integrating artificial intelligence (AI), pursuing mergers and acquisitions, and developing self-charging devices to streamline care and improve mobility for users.

The hospital-at-home (HaH) care model provides hospital-level care to acute patients in their homes, catering to conditions like asthma, pneumonia, and heart failure. Future growth prospects involve integrating AI into HaH platforms, focusing on high-acuity and chronic care at home, and enhancing logistics support. These advancements are poised to lower costs, decrease readmissions, mitigate infection risks, and enhance operational efficiency and patient recovery, presenting a compelling alternative for healthcare providers.

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What are some of the strategic imperatives influencing the growth of home care digitalization in the US and Europe and global hospital-at-home care?
  • Harnessing digital health tools to connect patients with their care teams and family members, addressing internal challenges and augmenting workforce capabilities in home care facilities.

  • Implementing unbiased, efficient technologies for remote monitoring while safeguarding privacy and personalized care.
  • Prioritizing adoption of HaH model to tackle workforce and capacity issues, shifting care from hospitals to homes to virtually expand capacity.

  • Transitioning non-critical acute care to homes leveraging advanced technologies to enhance treatment for acute conditions, ultimately improving patient outcomes and experiences.

Discover the growth opportunities in the US and European Home Care Digitalization Industry, and the Global Hospital-at-Home Platforms and Services Industry by accessing Frost & Sullivan's latest analysis on the subjects. Download now for comprehensive perspectives!

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