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AI in Elderly Care Market to Reach US$ 208.59 Billion by 2032 at 25.26% CAGR, Driven by Aging Population Growth and Demand for Remote Monitoring & Companion Robotics
AI in Elderly Care Market
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AI in Elderly Care Market Key Mergers and Acquisitions
✦ January 2026: Intuition Robotics acquired a companion AI startup specializing in emotional intelligence algorithms to enhance its ElliQ platform for social engagement and cognitive stimulation in home care settings.
✦ December 2025: CarePredict completed a strategic acquisition of a wearable sensor technology firm to strengthen its fall detection and remote health monitoring capabilities for assisted living and nursing homes.
✦ November 2025: Koninklijke Philips N.V. secured a licensing agreement with an AI health monitoring innovator to integrate advanced machine learning models into its elderly care remote monitoring and medication management solutions.
AI in Elderly Care Market Key Industry Developments
☑️ January 2026: IBM Corporation, InteliCare, and CarePredict launched updated AI platforms with improved fall prevention and medication adherence features, gaining adoption in nursing homes and home care across North America and Europe.
☑️ December 2025: Intuition Robotics and Aiva Health expanded their companion AI robots (ElliQ and Aiva) with new NLP-driven social engagement capabilities, targeting elderly isolation reduction in assisted living facilities.
☑️ November 2025: UBTECH ROBOTICS CORP LTD and Siemens AG introduced robotics-integrated cognitive stimulation tools for long-term care centers, focusing on brain training and daily activity support in Asia-Pacific markets.
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AI in Elderly Care Market Segmentation Analysis
By Technology: Machine Learning holds the largest share due to its foundational role in predictive analytics, pattern recognition for fall detection, and personalized care planning; Robotics grows fastest with companion and assistive robots for social engagement and mobility; Natural Language Processing (NLP) and Computer Vision expand rapidly for voice interaction and activity monitoring; Others include sensor fusion and edge AI for real-time processing.
By Application: Remote Health Monitoring dominates due to high demand for continuous vital tracking and chronic condition management in home care; Fall Detection and Prevention follows closely for safety-critical use in elderly populations; Social Engagement and Companion AI grows steadily to address loneliness; Cognitive Stimulation and Brain Training expand for dementia and mild cognitive impairment support; Medication Management gains traction for adherence and error reduction.
By End-User: Home Care Settings lead with the highest share driven by preference for aging in place and remote monitoring solutions; Assisted Living Facilities and Nursing Homes grow rapidly for integrated robotics and health tracking; Hospitals and Healthcare Institutions expand for acute and post-acute care applications; Others include community centers and rehabilitation facilities.
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AI in Elderly Care Market Competitive Landscape / Key Players
✦ IBM Corporation - In January 2026, launched AI-enhanced remote health monitoring platform with improved predictive fall detection and cognitive analytics, targeting home care and nursing homes in North America.
✦ InteliCare - Expanded AI-driven fall prevention and medication management tools in late 2025, with new integrations for assisted living facilities and home settings, focusing on real-time alerts and caregiver dashboards.
✦ CarePredict - Acquired a wearable sensor firm in December 2025 to bolster its AI wearables for activity tracking, fall detection, and health insights, enhancing offerings for elderly in home and long-term care.
✦ Intuition Robotics - Introduced updated ElliQ companion robot features in January 2026 with advanced NLP for emotional support and cognitive stimulation, expanding reach in home care and assisted living.
✦ Aiva Health - Rolled out enhanced Aiva AI assistant in December 2025 with improved voice interaction and medication reminders, targeting hospitals and home care for elderly engagement and safety.
AI in Elderly Care Market Regional Insights
North America commands the largest market share in the global AI in Elderly Care market, supported by high aging population, advanced healthcare infrastructure, strong adoption of remote monitoring and companion robotics, favorable reimbursement for telehealth and AI-enabled care, and presence of leading tech and healthcare innovators driving home care and assisted living solutions.
Asia-Pacific remains the fastest-growing region, fueled by rapid population aging in China, Japan, and India, increasing healthcare expenditure, rising demand for affordable AI monitoring and robotics, government initiatives for elder care technology, expanding home care and nursing facilities, and aggressive investments by global and local players.
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