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Gerontechnology Market Insights (2033): Global Growth, Smart Elder Care Tech, and Investment Opportunities
Gerontechnology Market Size
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Latest Mergers and Acquisitions
• Compal Healthcare merged with Smart Ageing Tech to build an AI‐enabled elder care and smart healthcare ecosystem
• MANTECH acquired AI and data science specialist Elder Research to bolster AI solutions that can support elder‐care related analytics and services.
Leading Key Players:
Invacare Corporation, Karman Healthcare Inc., Ottobock, Pride Mobility Products Corp., Medtronic, Sunrise Medical, Meyra GmbH, Koninklijke Philips N.V., Sensi.AI, Labrador Systems Inc.
Key Developments:
January 2026
• USA: Expansion of smart wearable devices for elderly care driven by AI and remote monitoring adoption.
• Japan: Government-backed initiatives promote robotics-assisted elderly care in nursing homes.
• Europe: Integration of telehealth platforms into geriatric care accelerates due to rising aging population.
December 2025
• USA: Increased adoption of AI-enabled fall detection systems in assisted living facilities.
• Japan: Launch of personalized cognitive support devices for dementia patients.
• Europe: Regulatory support for digital health apps boosts gerontechnology deployment.
November 2025
• USA: Pilot programs for remote medication management platforms gain traction.
• Japan: Robotics-assisted rehabilitation devices see increased hospital adoption.
• Europe: Investment in wearable health monitoring devices grows to enhance elderly independence.
Growth Forecast Projected:
The Global Gerontechnology Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. 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 Gerontechnology 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.
Latest Developments (2025-2026)
United States: Recent Industry Developments
✅ January 2026: Philips launched AI-powered remote monitoring solutions for elderly care, enhancing safety and independence at home.
✅ December 2025: GE Healthcare expanded wearable health monitoring devices for geriatric patients, integrating cloud-based analytics.
✅ November 2025: Startup collaborations focused on smart mobility devices, including autonomous walkers and fall detection sensors.
Japan: Recent Industry Developments
✅ January 2026: Panasonic introduced robotic assistive devices for home-based elderly care, optimized for mobility and daily activities.
✅ December 2025: Toyota advanced smart exoskeletons for senior mobility support in rehabilitation centers.
✅ November 2025: Local startups rolled out AI-driven medication management and reminder systems targeting aging populations.
Middle East: Recent Industry Developments
✅ January 2026: UAE healthcare providers deployed smart gerontechnology platforms for assisted living communities.
✅ December 2025: Saudi Arabia invested in IoT-enabled home care devices to support aging-in-place initiatives.
✅ November 2025: Dubai-based startups launched mobile applications for elderly health monitoring and telemedicine access.
Europe: Recent Industry Developments
✅ January 2026: Philips (Netherlands) and Bosch (Germany) introduced integrated smart home solutions for elderly care, combining sensors and AI.
✅ December 2025: France-based companies expanded telehealth platforms for seniors, supporting chronic disease management.
✅ November 2025: Germany implemented pilot proje
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Key Segmentations:
By Type: Health Monitoring Devices, Assistive Devices, Smart In-Home Technology-Based Products, Others
By Age Group: 60 - 70 Yrs, 71 - 80 Yrs, Above 80 Yrs
By End-User: Hospitals, Old Age Homes, Homecare, Others
Regional Analysis for 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)
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FAQ
Q1: What is the current size of the Gerontechnology Market?
A: The Gerontechnology Market was valued at US$ 69.56 Billion in 2024 and is forecasted to reach US$ 245.60 Billion by 2033
Q2: What is the growth rate of the Gerontechnology Market?
A: The Gerontechnology market is projected to grow at a (CAGR of 13.0%) between 2025 and 2033.
Related Reports
Elder Care Services Market
https://www.datamintelligence.com/download-sample/elder-care-services-market?kb
AI in Elderly Care Market
https://www.datamintelligence.com/download-sample/ai-in-elderly-care-market?kb
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