AI in Elderly Care Market to hit US$ 208.59 billion by 2032 | IBM Corporation, InteliCare, CarePredict, Intuition Robotics, Aiva Health, K4connect

"Global AI in Elderly Care Market reached US$ 34.42 billion in 2024 and is expected to reach US$ 208.59 billion by 2032, growing with a CAGR of 25.26% during the forecast period 2025-2032." As per DataM intelligence research report

Download your exclusive sample report today: (corporate email gets priority access): https://www.datamintelligence.com/download-sample/ai-in-elderly-care-market?sp

United States: Recent Industry Developments

✅ In May 2025, New York-based CarePredict expanded its AI-powered wearable system that tracks seniors' movements, eating habits, and sleep patterns to detect early signs of health decline.The rollout targets senior living communities across Florida and Texas.This expansion aims to reduce hospitalizations by enabling predictive interventions.

✅ In April 2025, Google Health partnered with several U.S. healthcare providers to integrate AI-assisted fall detection into home monitoring systems for elderly patients. The system combines computer vision with wearable sensors for real-time alerts. Early pilots showed a 38% faster response time to critical incidents.

✅ In March 2025, Intuition Robotics secured $50 million to scale its AI-powered companion robot "ElliQ" for elderly care in the U.S. market. The device offers conversation, reminders, and health monitoring to combat loneliness and support independent living. ElliQ adoption in Medicaid programs has been a major growth driver.

Japan: Recent Industry Developments

✅ In June 2025, Fujitsu launched an AI-based monitoring service for elderly care facilities, combining fall prediction, vital sign analysis, and sleep tracking. The system uses edge AI to process data locally, ensuring privacy compliance.It's being adopted in more than 150 nursing homes across Japan.

✅ In May 2025, SoftBank Robotics upgraded its humanoid robot Pepper with advanced natural language AI to provide emotional support and social engagement in elderly care homes. Pepper can now remember personal preferences and conduct wellness checks.This update aims to address social isolation in Japan's rapidly aging population.

✅ In April 2025, Panasonic introduced AI-driven mobility support systems for seniors, featuring autonomous walking aids that adjust speed and navigation based on real-time user stability.The technology is being piloted in Osaka and Yokohama. It's part of Japan's strategy to enable seniors to live independently for longer.

AI in Elderly Care Market: Drivers

The AI in elderly care market is driven by the rapidly growing aging population worldwide, which is increasing the demand for assisted living solutions and healthcare monitoring. AI-powered systems, including remote monitoring devices, smart sensors, and wearable health trackers, enable real-time health management and emergency response for seniors. Rising prevalence of chronic diseases and cognitive disorders, such as dementia and Alzheimer's, is prompting adoption of AI solutions for personalized care and early intervention. Technological advancements in robotics, virtual assistants, and telehealth platforms are enhancing elderly independence, safety, and quality of life. Governments and healthcare providers are promoting AI-enabled elderly care to reduce hospitalizations, optimize resource allocation, and manage healthcare costs effectively.

Market growth is also supported by increased integration of AI with IoT and cloud computing, providing data-driven insights for preventive care and daily activity monitoring. Assisted living facilities and homecare providers are investing in AI platforms to improve operational efficiency and caregiver support. Rising consumer awareness of smart healthcare solutions and demand for at-home care are encouraging adoption of AI tools. Strategic collaborations between tech firms, healthcare providers, and insurance companies are accelerating innovation and deployment. Continuous R&D in machine learning, predictive analytics, and human-robot interaction is expanding AI applications in elderly care, driving market growth.

Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/ai-in-elderly-care-market?sp

Segment Covered in the AI in Elderly Care Market:

➥ By Technology: Machine Learning, Natural Language Processing (NLP), Robotics, Computer Vision, Others
➥ By Application: Fall Detection and Prevention, Medication Management, Remote Health Monitoring, Social Engagement and Companion AI, Cognitive Stimulation and Brain Training
➥ By End-User: Home Care Settings, Assisted Living Facilities, Nursing Homes and Long-Term Care Centers,

Strategic Players Driving the AI in Elderly Care Market Forward:

IBM Corporation, InteliCare, CarePredict, Intuition Robotics, Aiva Health, K4connect, UBTECH ROBOTICS CORP LTD, RapidInnovation, Koninklijke Philips N.V. and Siemens AG.

About DataM Intelligence report:

The AI in Elderly Care Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

Why Purchase the Report?:

➠ Technology & Innovation: Tracks clinical trials and upcoming pharmaceutical advancements to stay ahead in product development.
➠ Market Positioning & Competitive Strategy: Analyzes product performance, market share, and competitor tactics for strategic decision-making.
➠ Real-World Evidence & Physician Insights: Incorporates patient data and physician behavior to align products with actual healthcare needs.
➠ Pricing & Market Access: Reviews reimbursement trends and access models to optimize product pricing and launch strategies.
➠ Regulatory & Industry Shifts: Covers policy changes, health system dynamics, and technology trends impacting market opportunities.
➠ Regional Growth & Expansion: Identifies high-growth markets and investment opportunities for geographic expansion.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=ai-in-elderly-care-market

Request for 2 Days FREE Trial Access:
https://www.datamintelligence.com/reports-subscription?sp

✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.