China Elder Care Assistive Robots Market Size & Outlook
The elder care assistive robots market in China is expected to reach a projected revenue of US$ 798.9 million by 2033. A compound annual growth rate of 15.3% is expected of China elder care assistive robots market from 2025 to 2033.
Revenue, 2024 (US$M)
$219.7
Forecast, 2033 (US$M)
$798.9
CAGR, 2025 - 2033
15.3%
Report Coverage
China
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China elder care assistive robots market highlights
- The China elder care assistive robots market generated a revenue of USD 219.7 million in 2024 and is expected to reach USD 798.9 million by 2033.
- The China market is expected to grow at a CAGR of 15.3% from 2025 to 2033.
- In terms of segment, socially assistive robots was the largest revenue generating type in 2024.
- Socially Assistive Robots is the most lucrative type segment registering the fastest growth during the forecast period.
Elder care assistive robots market data book summary
| Market revenue in 2024 | USD 219.7 million |
| Market revenue in 2033 | USD 798.9 million |
| Growth rate | 15.3% (CAGR from 2025 to 2033) |
| Largest segment | Socially assistive robots |
| Fastest growing segment | Socially Assistive Robots |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Socially Assistive Robots, Physically Assistive Robots |
| Key market players worldwide | GB Group PLC, SoftBank Group Corp, Blue Frog Robotics, Panasonic Holdings Corp, PARO Robots, Intuition Robotics, Toyota Motor Corp, SoftBank Robotics Holdings, KOMPAÏ robotics, Yujin Robot |
Other key industry trends
- In terms of revenue, China accounted for 7.5% of the global elder care assistive robots market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, Japan elder care assistive robots market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 805.3 million by 2033.
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Elder Care Assistive Robots Market Scope
Elder care assistive robots market segmentation & scope
Elder Care Assistive Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yujin Robot | View profile | 101-250 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://en.yujinrobot.com |
| KOMPAÏ robotics | View profile | 11-50 | https://kompairobotics.com | |
| SoftBank Robotics Holdings | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | https://www.softbankrobotics.com |
| Intuition Robotics | View profile | 101-250 | Ramat Gan, Tel Aviv, Israel, Asia | http://www.intuitionrobotics.com |
| PARO Robots | View profile | 1-10 | Schaumburg, Illinois, United States, North America | http://parorobots.com/ |
| Blue Frog Robotics | View profile | 11-50 | Paris, Ile-de-France, France, Europe | https://www.buddytherobot.com |
| SoftBank Group Corp | View profile | 86023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | https://www.group.softbank |
| GB Group PLC | View profile | 1250 | The Foundation, Herons Way, Chester Business Park, Chester, United Kingdom, CH4 9GB | https://www.gbgplc.com |
| Toyota Motor Corp | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
China elder care assistive robots market size, by type, 2018-2030 (US$M)
China Elder Care Assistive Robots Market Outlook Share, 2024 & 2033 (US$M)
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