According to the World Health Organization (WHO) estimates that there were 524 million seniors worldwide in 2010 and that number will rise to 1.5 billion by 2050. The increasing need for individualised healthcare and sophisticated smart home healthcare has led to a rise in mHealth technologies and internet of things-based monitoring systems, which further enhance patient and healthcare provider communication. Other significant factors influencing the industry's expansion include an increasing senior population, a rise in the use of cloud computing in healthcare, and rising disposable income.
