The Artificial Intelligence (AI) In Aging And Elderly Care Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Artificial Intelligence (AI) In Aging And Elderly Care Market?
The market size of artificial intelligence (AI) in aging and elderly care has seen significant expansion in recent years. It is projected to increase from $35.22 billion in 2024 to $43.76 billion in 2025, with a compound annual growth rate (CAGR) of 24.25%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Artificial Intelligence (AI) In Aging And Elderly Care Industry?
The Artificial Intelligence (AI) In Aging And Elderly Care Global Market is anticipated to have significant growth, reaching $122.88 billion in 2029. The market is projected to expand at a Compound Annual Growth Rate (CA
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What are the Key Growth Drivers Fueling the Artificial Intelligence (AI) In Aging And Elderly Care Market?
The key drivers in the artificial intelligence (ai) in aging and elderly care market are:
•Increased integration of smart home systems for elderly care
•Greater adoption of robotic caregivers
•Rising demand for personalized healthcare solutions
•Expansion of telehealth and remote monitoring applications
Global Market Segmentation: Identifying Major Artificial Intelligence (AI) In Aging And Elderly Care Industry Segments
The artificial intelligence (AI) in aging and elderly care market covered in this report is segmented –
1) By Type: Natural Language Processing (NLP) Systems, Robotics And Robotic Assistance, Smart Home Devices And IoT Solutions, Machine Learning And Predictive Analytics, Virtual Health Assistants
2) By Technology: Wearable Devices, Smart Home Systems, Mobile Apps, Cloud Computing, Internet Of Things (IoT)
3) By Applications: Fall Detection And Prevention, Medication Management, Remote Health Monitoring, Social Engagement And Companion AI, Cognitive Stimulation And Brain Training
4) By End User: Home Care Settings, Assisted Living Facilities, Nursing Homes And Long-Term Care Centers, Hospitals And Healthcare Institutions
Subsegments:
1) By Natural Language Processing (NLP) Systems: Voice-Activated Assistants, AI-Powered Speech Recognition Systems, NLP for Cognitive Health Monitoring
2) By Robotics And Robotic Assistance: Elderly Care Robots, Robotic Mobility Assistance Devices, Robotic Companions For Seniors
3) By Smart Home Devices And IoT Solutions: Smart Sensors (Fall Detection, Monitoring), AI-Enabled Smart Home Automation Systems, Wearable IoT Devices For Health Monitoring
4) By Machine Learning And Predictive Analytics: AI-Based Health Risk Prediction Models, Machine Learning For Personalized Care Plans, Predictive Analytics For Medication Management
5) By Virtual Health Assistants: AI-Powered Virtual Care Assistants, Telemedicine Virtual Assistants, Virtual Health Coaching And Support Systems
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What are the emerging Trends Shaping the Future of the Artificial Intelligence (AI) In Aging And Elderly Care Market?
The key trends in the artificial intelligence (ai) in aging and elderly care market are:
•Advancements in AI-powered assistive technologies are emerging as a trend in the elderly care market.
•The integration of smart homes with artificial intelligence is shaping the future of the sector.
•The market is seeing trends in advancements in both robotics and in cloud computing.
•The development of advanced AI algorithms for predictive health analytics is another emerging trend.
Who Are the Top Competitors & Leading Players in the Artificial Intelligence (AI) In Aging And Elderly Care Market?
Major players in the artificial intelligence (ai) in aging and elderly care market are:
• Amazon.com Inc.
• Google LLC
• Samsung Electronics Co. Ltd.
• Microsoft Corporation
• Intel Corporation
• General Electric Company
• International Business Machines Corporation
• Oracle Corporation
• Medtronic plc
• NVIDIA Corporation
• Siemens Healthineers AG
• Koninklijke Philips N.V.
• AARP Services Inc.
• Suki AI Inc.
• AiCure LLC
• Sensi.AI
• Orbita Inc.
• Sensely Inc.
• CarePredict Inc.
• Cognivue Corporation
• Reemo Health Inc.
• Canary Health Technologies Inc.
• Somatix Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the artificial intelligence (AI) in aging and elderly care market in 2024
