India's Budget 2025-26 cOVEAGE
Presented by:
spot_img

The role of technology and AI in transforming the elder care sector in India and abroad

Date:

Trending

It is estimated that in 2050, there will be more people over 60 in the world than those below 15, in India, seniors will comprise of 20% of the population in 2050, from just about 10% today.

- Advertisement -

Understanding the enormity of the statement comes out better when I say that seniors in India in 2050 will be 80% of the population of USA then. But the point that should make an impact is that the number of younger people to care for the elderly in 2050 will be half of what it’s today.

While life expectancy marches on, we can expect that theover 80 population will quadruple by 2050. Many of us reading this article will live to well over 90, and living till 100 will become the norm for our kids. We live in amazing times!

- Advertisement -

To answer what we have at our disposal to make elderly care better in a world that has fewer care givers, we have to look back into our past, and see what has helped mankind claw out of their not so favourable situation. The answer is the proliferation of science with technology.

Kai-Fu Lee, an alumnus of Mckinsey and Google, and a bestselling author on Tech/AI, has said that one of the few jobs that will survive the onslaught of AI is elderly care. But technology and AI can help in levering up the capabilities of care givers, and make them more efficient. Let’s look at the ways that this will happen.

  • Tech and AI will increase efficiency of the eldercare caregiver workforce with the quadrupling of the over 80 populations, the healthcare system will be overwhelmed. There will be a huge increase in the geriatric group of diseases – diabetes, hypertension, cancer, and many more. Inspite of a dramatic growth, there still will not enough healthcare workers – WHO predicts a shortfall of 10 million healthcare workers by 2030. Technology and AI have to be used to remove routine tasks, and bring better and consistent decision making to the care givers. For example, in a London care facility, in-room sensors are used to feed a central platform, which has drastically reduced the number of attendants required at night.
  • Tech and AI will drive the transition from episodic to continuous healthcare we see people move towards wellness and chronic care management instead of episodic (and expensive) hospital admissions. Wearables, implants, and other health sensors will provide almost continuous diagnostics and monitoring. The huge volume of data will then need be assimilated and used for making micro decisions in lifestyle – such as medication changes, amount of exercise, and other benefits that would compound over time.
  • The quality and consistency of clinical decision will improve manifold the amount of data and decisions that the medical devices will throw up will be enormous, and in most cases the algorithm will be able to provide actionable. It’s only when the cost of making an error becomes high is when a medical practitioner intervenes. With AI, the nurse practitioner will be removed from undertaking routine tasks, and will be allowed to focus on his/her skills, which in turn will lead to a better quality of work and care.
  • Care givers can focus on care delivery, which is the part of eldercare where tech and AI will least impact Care delivery, which is actually the part where the care giver will be helping an elderly person to get up from bed, brush her teeth, comb her hair and then help with the toilet, is one part that tech will find difficult to touch. There could however be cultures in which care robots will have a huge role to play, especially in countries such as Japan, when the young to old ratio is skewed even now.
  • Communication will increase, and the family of the elderly person will be more in control Communication is key in elder care, where many stakeholders are involved. Family members including children & loved ones with their individual opinions and intentions, and the care provider team – nurses, attendants, doctors, physiotherapists, dementia experts and a myriad of practitioners. At the centre is the elderly person, with possibly an Alexa enabled device. Bringing all of these people together (which I call the ‘Circle of Care’) is absolutely essential, and this is made possible by mobile devices, IoT devices, and apps to help in communicating. When a person falls down today in Kolkata, there are smart SOS devices connected to our central platform which informs all the stakeholders on time.
  • Networked home connected to a medical hub the elderly will want to live in their homes, and not in care homes. However, with sensor-based ICU beds, connected ventilators and other devices, long term care will be available in people’s homes, but being monitored centrally by a clinical team.

Technology in Eldercare has become the norm now. A home care company, managing thousands of members in their homes cannot depend on paper-based files and excel. The proposition is based on CRM platforms, connected medical devices, sensors, wearables and data management – to ensure that the millions of elderly in India and around the globe lead a healthy and enriched life in their final years.

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

Prateep Sen
Prateep Sen
Prateep Sen is a Co-CEO of TriBeCa Care

More Latest Stories

More Articles

Budget 2025 Expectations: The Health Sector Seeks More Funds for Cancer Care, Mental Health, and Telemedicine

Ahead of the Union Budget 2025, stakeholders from the health, healthcare, pharmacy, and medical communities are emphasizing the need for targeted investments. Public health...

The Evolution of Gaming: Key Trends Shaping the Industry in 2025

The gaming industry in 2025 is a mosaic of innovation, creativity, and cultural impact. As it continues to expand, gaming is no longer just a form of entertainment but reflects the shift in society, technological advancement, and collective aspirations. Trends shaping the industry this...

Manual Trading vs AI Trading – What Fund Managers Should Know

Trading floors that once thrived on chaos and human interaction have given way to...

Budget 2025 Expectations: Delayed Payments and Skill Gaps Dominate MSME Sector’s Wishlist

As India’s Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025, expectations...

Finbok Reviews | How Finbok Attracts and Retains New Traders Around the Globe in 2025

In the competitive world of online trading, choosing the right platform is essential for...

Budget 2025 Expectations: GST Overhaul Tops Budget 2025 Wishlist for Business and Global Competitiveness

As India prepares for the Union Budget 2025, business leaders are sharing their hopes...

Union Budget 2025 Expectations: India Inc. Expects Tax Reforms, Startup Incentives, and Support for MSMEs

As the Union Budget 2025 approaches, Business leaders from across industries are urging Finance...

Top Cybersecurity Practices for Small Businesses: Why a VPN is a Must-Have

In today's hyperconnected world, small businesses face a growing number of cybersecurity threats that...

Union Budget 2025 Expectations: Investors and Startups Call for Tax Relief, EV Incentives & Support for Creator Economy

As Finance Minister Nirmala Sitharaman prepares to unveil Budget 2025, there is a strong consensus among investors and the startup community on the need...

Budget 2025 Expectations: Taabi Mobility CEO Pali Tripathi says, Logistics Sector Looks for Tech and Sustainability Focus in India’s Budget 2025

With Union Budget 2025 approaching, the logistics industry highlights the need for government action...

HCLTech Partners with Carrix to Modernize Global Port Operations Using AIoT

HCLTech, a leading global technology company, today announced an agreement with Carrix, the world’s...

What is RTP and How Does It Affect Slots Winnings?

If you’ve ever played a slot game, you’ve likely come across the term "RTP."...

The Sustainable Tech That Will Simplify Life as a Homeowner

Owning a home is the ultimate dream…until it’s 7 a.m., your driveway is buried...

Powering the Future: How Digitisation is Transforming Power Transmission & Distribution

As India, the third-largest producer, and consumer of electricity worldwide with over 442 gigawatts (GW) of installed capacity, invests heavily in ramping up power...

Equal, OneMoney Appoints Former Supreme Court Judge Justice B.N. Srikrishna as Chairman

Equal, one of India’s leading secure data sharing platforms, and its strategic investee OneMoney have appointed Justice B.N. Srikrishna, former Supreme Court Judge as Chairman of their newly formed Advisory Board. This Board will guide both companies in advancing secure, consent-driven data sharing, ensuring compliance...

ECO Hotels & Resorts Ltd Opens 60 Room Property In Bengaluru

ECO Hotels & Resorts Limited, a stock exchange-listed mid-segment hotel chain has today said...

Vehant Technologies Secures $9 Mn from True North via NCD

Vehant Technologies, a provider of AI-driven security and surveillance solutions, has raised $9 million...

Muxcap: Making Bold Moves in Innovation

Muxcap is on a mission to transform the online trading experience by combining cutting-edge...

HR Tech Impact on Employee Learning and Development

In today’s fast-paced world of work, learning and development (L&D) are no longer just...

Vinsys IT Expands In Saudi Arabia, Opens New Office in Dammam

Vinsys IT Services India Ltd. (NSE - SME: VINSYS), a global IT and software...

Proxgy Snaps $3 Mn from Indian Cricketer Ajinkya Rahane and others

Proxgy, a Gurugram-based technology company specializing in virtual assistance and concierge services, has announced...

GAMES: Lucky Green Casino Experience

If you’re in search of an exhilarating gaming platform that balances high-stakes thrills with...

Securing the Future of AI: Nuvepro CEO Giridhar LV on Generative AI & a Human-First Approach

During a conversation with TechGraph, Nuvepro Co-founder and CEO Giridhar LV discussed the company's...

Driving ROI Through AI: CEO Dipal Dutta on RedoQ’s Hybrid Approach to Automation

Speaking to TechGraph, Dipal Dutta, CEO and Founder of RedoQ, explained how the company...

What is RTP and How Does It Affect Slots Winnings?

If you’ve ever played a slot game, you’ve likely come across the term "RTP."...

Botanic Healthcare draws $30 Mn in fresh round funding

Telangana-based nutraceutical company, Botanic Healthcare today announced that it has raised ₹250 crore (approximately...

Delhi High Court Shields Upstox Trademark Rights, Targets Telegram Violators

Delhi High Court has granted an interim injunction in favor of RKSV Securities India...

Strengthening the First Line of Defense with People, Processes, and Technology

Globally and across industries, the risk landscape is growing more volatile and complex, with...

N Space Tech Launches Maiden Payload SwetchaSAT-V0 on ISRO’s POEM-4

N Space Tech, an India-based defense and aerospace startup, has successfully launched its first...

The Sustainable Tech That Will Simplify Life as a Homeowner

Owning a home is the ultimate dream…until it’s 7 a.m., your driveway is buried...

Securing the Future of AI: Nuvepro CEO Giridhar LV on Generative AI & a Human-First Approach

During a conversation with TechGraph, Nuvepro Co-founder and CEO Giridhar LV discussed the company's...

Reshaping India’s Farming Future: Balwaan Krishi’s Rohit Bajaj On Driving Agricultural Change

Speaking to TechGraph, Rohit Bajaj, Co-Founder of Balwaan Krishi, discusses the company’s commitment to...

Driving ROI Through AI: CEO Dipal Dutta on RedoQ’s Hybrid Approach to Automation

Speaking to TechGraph, Dipal Dutta, CEO and Founder of RedoQ, explained how the company...