Figure 2 Snapshot of the silver economy Moreover, the recent COVID-19 pandemic has highlighted the significance of the healthcare sector and has provided policymakers with the required context to explore the growth potential of the Indian healthcare market. [...] The following are the major growth areas within the health technology segment: a W earables: The use of wearable devices for the elderly is expected to continue to grow, driven by the increasing demand for remote monitoring and the need for more personalized healthcare solutions. [...] 142 Efforts by the Indian Government The Indian Government has been very active in addressing the demographic shift driven by the ageing of the population by implementing various initiatives, policies, programs, and action plans for the welfare of the elderly population. [...] The brief of the policy response in senior-care in India with the rising number of elderly has been shown in Figure 4: Figure 4 Journey of senior care policy in India Senior Care Reforms in India 21 The Ministry of Social Justice and Empowerment (MoSJE) is the nodal ministry responsible for the welfare of senior people in India. [...] In a study, at the 10th percen- Inequality tile, 55.68% of the gender health status gap was due to discrimination, and the contribution of discrimination to the total gap increased among older adults in the higher percentiles.28 o Other socio-economic inequalities : - The elderly people are also subject to similar discrimination that the broader society faces and their age further compounds the ne.
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- 140
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- India
