Press release
United States AI in Elderly Care Sector 2025 | Innovation, Market Growth & Competitive Landscape
AI in Elderly Care Market
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.
Key Development:
United States: Recent Industry Developments
✅ September 9, 2025: Teton.ai, a Danish startup specializing in AI-driven predictive care for the elderly, secured $20 million in funding. The company plans to expand its operations across the U.S., Europe, and Asia, aiming to revolutionize long-term care with its "digital twin" technology.
✅ August 2025: August Health raised $29 million in Series B funding to accelerate the development of its AI-enabled care platform for senior living communities. The platform focuses on enhancing operational efficiency and resident well-being.
✅ April 2025: ONSCREEN launched a pilot program in New York, providing seniors with AI-powered virtual companions via smart TVs. The initiative aims to reduce caregiver stress and combat loneliness among the elderly.
Japan: Recent Industry Developments
✅ June 2025: Fujitsu introduced an AI-based monitoring service for elderly care facilities, combining fall prediction, vital sign analysis, and sleep tracking. The system is being adopted in over 150 nursing homes across Japan.
✅ May 2025: A new AI-based elder care portal was launched in Japan, offering personalized recommendations for activities, diet plans, and medical appointments. The portal aims to reduce hospital visits by preemptively identifying health issues.
✅ February 2025: Waseda University in Tokyo unveiled AIREC, a 150kg AI-powered humanoid robot designed to assist with elderly care tasks. The prototype aims to address Japan's aging population and caregiver shortages.
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AI in Elderly Care refers to the use of artificial intelligence technologies to enhance the health, safety, and quality of life of senior citizens. Applications include remote health monitoring, fall detection, predictive analytics for disease management, robotic assistance, and personalized care planning. By enabling real-time support, early intervention, and improved resource management, AI in elderly care helps caregivers, healthcare providers, and families deliver more efficient, proactive, and compassionate care for the aging population.
Recent mergers and acquisitions:
✅ August 18, 2025: Residex AI, a provider of Electronic Health Records (EHR) and clinical electronic Medication Administration Records (eMAR) for senior living communities, acquired Seattle-based Kevala, an AI-powered workforce management platform. This acquisition aims to enhance staffing optimization and operational efficiency in senior care facilities.
✅ June 2025: Centered Care, an integrated healthcare platform for senior living, acquired Troupe Health, a clinical delivery company specializing in AI-enabled care coordination for senior living communities. This merger aims to streamline care delivery and improve operational efficiency in senior living settings.
✅ June 2025: European HealthTech M&A activity saw 107 deals in the first half of 2025, indicating a 5% increase over the previous year. This trend reflects a cautious yet discernible rebound in the market, with a strategic shift towards consolidation and investment in AI-driven elderly care solutions.
✅ May 2025: A leading European healthcare technology firm announced the acquisition of a prominent AI-based elderly care startup. The deal aims to enhance the integration of AI in aging and elderly care services, focusing on predictive analytics and personalized care solutions.
✅ April 2025: A major European digital health company acquired an AI-powered remote monitoring platform for elderly care. This acquisition is expected to expand the company's portfolio in the aging and elderly care market, leveraging AI to improve patient outcomes and operational efficiency.
✅ January 2025: Intuition Robotics introduced the ElliQ Caregiver Solution, featuring the AI-powered ElliQ companion robot and a new Caregiver app. While not an acquisition, this development signifies a strategic move to enhance caregiver support through AI-driven health monitoring and proactive updates, reducing the need for intrusive surveillance methods.
Key Players:
-> IBM Corporation, InteliCare, CarePredict, Intuition Robotics, Aiva Health, K4connect, UBTECH ROBOTICS CORP LTD, RapidInnovation, Koninklijke Philips N.V. and Siemens AG.
Growth Forecast Projected:
The Global AI in Elderly Care Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global AI in Elderly Care Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
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, Hospitals and Healthcare Institutions
Regional Analysis for AI in Elderly Care Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among AI in Elderly Care producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze AI in Elderly Care revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of AI in Elderly Care Market?
A: In 2024, AI in Elderly Care Market was valued at US$ 34.42 billion , reflecting its strong industry presence.
Q2: How large is AI in Elderly Care Market expected to be by 2032?
A: By 2032, industry forecasts suggest AI in Elderly Care Market will grow to around US$ 208.59 billion, demonstrating significant expansion.
Q3: What is the growth rate of AI in Elderly Care Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 25.26% during the forecast period from 2025 to 2032.
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