Frost and Sullivan predicts the IoMT market growth to reach $72.02 billion by 2021. Will this rise in IoMT drive efficiency and convenience for the end-customer?
Consider an elderly person, 65 years old with limited mobility, mostly alone at home as the family is away at work. And one fine day, the elderly person falls in the middle of his daily routine.
What ensues is pure panic!!
While the above situation is a cause of alarm for both the patient and caregiver, it could lead to life-threatening situations. There might also be a need for emergency care. The advances in healthcare technology and the Internet of Medical Things (IoMT) provides both daily active monitoring of the elderly and emergency responses when required.
As per a survey by AARP, a research firm, 90% of seniors want to stay in their own homes as they age. With the availability of increased connectivity and remote monitoring facility via numerous apps, health care for the elderly is becoming more accessible and cost effective.
The Changing Medical Ecosystem
Eliminating silos, doctors and caregivers can now collaborate in a patient’s healthcare journey. IoMT is enabling better connectivity and significantly enhancing communication, making each individual’s healthcare journey more targeted and personalized.
With non-intrusive monitoring solutions providing real-time detection and assistance, modern-day healthcare is continuously being redefined. From general reminders for medication to tracking and monitoring your loved ones - all are being made possible with technologies like GPS, wearables, Virtual Personal Assistants (VPA), data analytics, Artificial Intelligence and more.
While robust sensors and wearables are enabling collection of data to better monitor daily healthcare activity, big data and artificial Intelligence are helping in interpreting actionable insights.
For example: Access to answers for simple questions like “did mom wake up” or “If the main door of the house opened at odd hours” could be instrumental in ensuring that the caregiver is able to focus better on their work at hand.
Thus, be it a case of smart implants like glucose sensors within the body, VPAs serving as constant companions to people through the day or disability assistance tools like the hearing aids and other apps, better healthcare outcomes at affordable costs had never seemed better.
HARMAN as an Enabler for Non-Intrusive Elderly Care Solutions
HARMAN has constantly been a leader in providing healthcare IoT services. With our digitally-enabled, consumer-centered healthcare solutions, we are constantly working towards enabling the revolutionization of elderly healthcare. From product engineering for portable diagnostic devices to enabling smart home solutions with easy access to personal emergency response systems and remote-monitoring - HARMAN is constantly collaborating with various healthcare stakeholders (providers, payers, pharmaceuticals) to ensure better personalized care for individuals.
To know more about how we at HARMAN are enabling quality care to the elderly with our solution, download the case study here.