Frost & Sullivan predicts the smart home as a billion dollar opportunity

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SINGAPORE, Sept. 14, 2018 /PRNewswire/ — The home will emerge as an increasingly valuable site for enhancing the healthcare experience as part of the progression of digital, remote, connected and virtual care. Health systems are evolving beyond care delivery of the diseased to encompass numerous health and wellness touchpoints, transforming it from disease management to health management.

This was one of the key issues discussed at the recent Frost & Sullivan GIL Executive Briefing on the topic “The 2025 Smart Home for Delivering Healthcare” at the Conrad Centennial, Singapore on 13 September 2018.

Reenita Das, Partner and Senior Vice-President, Transformational Health: “With the transition from volume- to outcomes-based care, there will be significant impact on patient engagement strategies in terms of adoption of wearables, apps and digital therapeutics with value and innovation remaining relevant,” she explained.

One of the most notable disruptions in healthcare services over the next five years will be the concept of Smart Homes, which involves a connected ecosystem of sensors and devices on and around the individual at home.

According to…

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