Care for the Aged - Long Term Problem or Long Term Opportunity.

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The impact of a growing number of elderly people requiring long term care.
Initiatives to reduce bed blocking using remote care and monitoring.
The challenges and risks faced by investors and IT vendors.
The impact of government intervention in the long term care sector.

IT vendors faced with slowing, or flat, corporate and consumer markets could derive valuable revenue growth by building ehealth solutions which provide care for the elderly in their own homes as opposed to hospital. As well, demographic trends indicate that the elderly represent a customer base that will still be expanding in 2050.

Over the next two decades the number of people aged 65 and over is set to rise by 40%. This could see the annual budget for long-term care grow from £11 billion to £15.4 billion. The government recently allocated £100 million to be spent on schemes to ease bed blocking in NHS trust hospitals. Bed blocking or 'delayed discharge' is caused by a growing number of elderly people who need long term care after operations.

This report warns investors and IT companies that some parts of the ehealth market could soften. The pensions crisis, and any future fall in house prices, could reduce the disposable income of tomorrow's senior citizens. At the moment the elderly themselves pay £4 out of every £11 spent on long term care. This figure could fall, hitting suppliers who are targeting the private market for home health monitoring products. As well the government may introduce fines for local authorities whose elderly citizens are causing bed blocking. This may reduce cooperation between local authorities and NHS trusts that are already jointly working on ehealth projects.

Who should purchase this report:-

Pension and insurance companies.
Healthcare providers.
Mobile network operators.
Care home operators.
Government health departments.
eHealth equipment vendors.
Investors in the healthcare sector.
Other organisations active in ehealth provision.

Wireless Healthcare reports, written for organisations who wish to exploit the growing market for networked ehealth, include:-

Market analysis.
Profiles of existing or potential vendors.
Healthcare providers' experiences.
Descriptions of relevant technology.

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See also Wearable Computers In Healthcare