AI in the Aging and Elderly Care Market- By Solution Type

AI in the Aging and Elderly Care Market- By Application
AI in the Aging and Elderly Care Market -By Functional Area
AI in the Aging and Elderly Care Market- By End-User
AI in the Aging and Elderly Care Market- By Device
AI in the Aging and Elderly Care Market- By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Artificial Intelligence in Aging and Elderly Care Market Snapshot
Chapter 4. Global Artificial Intelligence in Aging and Elderly Care Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Solution Type Estimates & Trend Analysis
5.1. By Solution Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Solution Type:
5.2.1. Companion & Conversational AI
5.2.2. Robotics & Physical Assistance
5.2.3. Remote Monitoring & Predictive Analytics
5.2.4. Smart Home / Ambient Sensing Systems
5.2.5. Voice-First Care & Virtual Assistants
5.2.6. Care Coordination & Facility Management Platforms
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
6.2.1. Fall Detection & Prevention
6.2.2. Medication Management & Adherence
6.2.3. Remote Health & Vital Monitoring
6.2.4. Social Engagement & Loneliness Mitigation
6.2.5. Cognitive Screening & Therapy
6.2.6. Staff Workflow & Operations Optimization
6.2.7. Emergency Response & Alerting
6.2.8. ADL (Activities of Daily Living) Support
Chapter 7. Market Segmentation 3: by End-User Estimates & Trend Analysis
7.1. by End-User & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by End-User:
7.2.1. Home Care (Aging-in-Place)
7.2.2. Assisted Living & Memory Care Facilities
7.2.3. Nursing Homes / Long-Term Care
7.2.4. Hospitals & Health Systems
7.2.5. Payers & Managed Care Organizations
Chapter 8. Market Segmentation 4: By Functional Area Estimates & Trend Analysis
8.1. By Functional Area & Market Share, 2024 & 2034
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by By Functional Area.
8.2.1. Independent Living & Remote Patient Monitoring (RPM)
8.2.2. Cognitive & Mental Health Support
8.2.3. Personalized Care Delivery & Clinical Support
8.2.4. Social & Logistics Assistance
Chapter 9. Market Segmentation 5: By Device Estimates & Trend Analysis
9.1. By Device & Market Share, 2024 & 2034
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Device:
9.2.1. Wearables
9.2.2. Vision-AI / Cameras
9.2.3. Non-Contact Sensors (RF, radar, acoustic, pressure)
9.2.4. Voice-First Devices / Smart Speakers
9.2.5. Mobile Apps & Tablets
9.2.6. Assistive Robots
9.2.7. Smart Home Gateways
Chapter 10. Artificial Intelligence in Aging and Elderly Care Market Segmentation 4: Regional Estimates & Trend Analysis
10.1. North America
10.1.1. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts By Solution Type, 2021-2034
10.1.2. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.1.3. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
10.1.4. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Functional Area, 2021-2034
10.1.5. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Device 2021-2034
10.1.6. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.2. Europe
10.2.1. Europe Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Solution Type, 2021-2034
10.2.2. Europe Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.2.3. Europe Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
10.2.4. Europe Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Functional Area, 2021-2034
10.2.5. Europe Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Device 2021-2034
10.2.6. Europe Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.3. Asia Pacific
10.3.1. Asia Pacific Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Solution Type, 2021-2034
10.3.2. Asia Pacific Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.3.3. Asia-Pacific Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
10.3.4. Asia Pacific Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Functional Area, 2021-2034
10.3.5. Asia Pacific Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Device 2021-2034
10.3.6. Asia Pacific Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.4. Latin America
10.4.1. Latin America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts By Solution Type, 2021-2034
10.4.2. Latin America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.4.3. Latin America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
10.4.4. Latin America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Functional Area, 2021-2034
10.4.5. Latin America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Device 2021-2034
10.4.6. Latin America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.5. Middle East & Africa
10.5.1. Middle East & Africa Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts By Solution Type, 2021-2034
10.5.2. Middle East & Africa Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.5.3. Middle East & Africa Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2021-2034
10.5.4. North America Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Functional Area, 2021-2034
10.5.5. Middle East & Africa Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by Device 2021-2034
10.5.6. Middle East & Africa Artificial Intelligence in Aging and Elderly Care Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 11. Competitive Landscape
11.1. Major Mergers and Acquisitions/Strategic Alliances
11.2. Company Profiles
11.2.1. IBM Corporation
11.2.2. Intel Corporation
11.2.3. Google LLC
11.2.4. Microsoft Corporation
11.2.5. Amazon Web Services, Inc.
11.2.6. NVIDIA Corporation
11.2.7. Siemens Healthineers AG
11.2.8. Oracle Corporation
11.2.9. General Electric Company
11.2.10. Medtronic PLC
11.2.11. Koninklijke Philips N.V.
11.2.12. Samsung Electronics Co., Ltd.
11.2.13. CarePredict, Inc.
11.2.14. Intuition Robotics
11.2.15. Vayyar (Vayyar Care)
11.2.16. Kami Vision (KamiCare)
11.2.17. Nobi
11.2.18. K4Connect, Inc.
11.2.19. Aiva Health
11.2.20. Best Buy Health
11.2.21. GrandPad
11.2.22. Other Prominent Players
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.