How Japan’s aging society paves the way for the era of digital health care paid JapanGov
As we teeter on the brink of a super-aging society in most developed economies, arguably the biggest risk many nations face is an increase in healthcare costs and a dearth of nursing staff. Being at the forefront of such demographic change, Japan, however, regards this not as an onus but as a bonus for growth.
Still, YaDoc is not entirely the product of a doctor with a few spare hours on his hands. The system was developed by Japanese startup Integrity Healthcare Co., which is part of a larger elderly care services group. Dr. Muto is a director of both firms.In some ways, Dr. Muto and the startup could be described as lucky, because they operate in Japan.
The target is to provide more “personalized healthcare services” by transferring medical records from paper to digital, and feeding this data into AI analytics tools for better and more cost-efficient care, according to the Growth Strategy 2018, Japan’s New Economic Policy Package. Japan is also putting more effort into robotics, sensors and high-end ICT services to create patient monitoring systems that minimize human and financial burdens.
Digital services will also open up new areas of medicine, such as genome-level diagnosis, which is simply not possible without big data and high-end computational power, Prof. Kumar said. In fact, the doctor-cum-entrepreneur has already embarked on such a partnership, setting up a medical company in Singapore with Li Liang Ng, a former banker with two decades of experience in financing. Also, the two set up Tetsuyu Healthcare in 2015 to find “urgent solutions” to Asia’s rapidly aging population through ICT, robotics, and quality home care.
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