Global Elder Care Assistive Robots Market Size & Outlook
Global elder care assistive robots market, 2018-2030 (US$M)
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Global elder care assistive robots market highlights
- The global elder care assistive robots market generated a revenue of USD 2,533.2 million in 2023 and is expected to reach USD 6,691.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.9% by 2030.
- In terms of segment, physically assistive robots accounted for a revenue of USD 1,389.8 million in 2023.
- Physically Assistive Robots is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,533.2 million |
| Market revenue in 2030 | USD 6,691.7 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Physically assistive robots |
| Fastest growing segment | Physically Assistive Robots |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Physically Assistive Robots, Socially Assistive Robots |
Other key industry trends
- In terms of revenue, the North America accounted for 40.0% of the global elder care assistive robots market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 8.3 million by 2030.
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Elder Care Assistive Robots Market Scope
Elder Care Assistive Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global elder care assistive robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to elder care assistive robots market will help companies and investors design strategic landscapes.
Physically assistive robots was the largest segment with a revenue share of 54.86% in 2023. Horizon Databook has segmented the Global elder care assistive robots market based on physically assistive robots, socially assistive robots covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Elder Care Assistive Robots Type Outlook (Revenue, USD Million, 2018-2030)
- Physically Assistive Robots
- Socially Assistive Robots
- Global Elder Care Assistive Robots Functionality Outlook (Revenue, USD Million, 2018-2030)
- Monitoring and Surveillance
- Mobility Assistance
- Social Interaction
- Household Tasks
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Horizon Databook provides a detailed overview of global-level data and insights on the Global elder care assistive robots market , including forecasts for subscribers. This global databook contains high-level insights into Global elder care assistive robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global elder care assistive robots market size, by regions, 2018-2030 (US$M)
Top 10 countries: Elder care assistive robots market size, 2023 (US$M)
Global elder care assistive robots market share, by type, 2023 & 2030 (%, US$M)
Elder care assistive robots market: Opportunity assessment by country
Global elder care assistive robots market, by region, 2023 (US$M)
Related regional statistics
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