Press Release

AI, Aging Population Fuel USD 3.29 Trillion Boom in Elderly Care Market

Pune, November 24, 2025 – According to a recent report by Global Data Route Analytics, the global elderly care market, valued at approximately USD 1.93 trillion in 2024, is projected to grow at a robust CAGR of 6.7%, reaching USD 3.29 trillion by 2032. This remarkable expansion is fueled by the aging global population, a rising burden of chronic illnesses, and a growing demand for long-term care services across developed and developing nations.

Technological Advancements Redefining Elderly Care Delivery

The integration of AI-powered health monitoring, remote patient management, and personalized homecare systems is reshaping elderly care globally. These tech-driven innovations are enabling real-time health tracking, proactive intervention, and cost-effective care delivery—enhancing both patient outcomes and operational efficiency across care facilities.

For a free sample of the report, please contact us here: https://globaldatarouteanalytics.com/report/126/global-elderly-care-market/download

Diverse Service & Product Segments Boost Market Resilience

The report segments the market by Service Type (Homecare, Institutional Care, Adult Day Care, Hospice, Skilled Nursing, and Respite Care), Product Type (Pharmaceuticals, Assistive Devices, Mobility Aids, Monitoring Devices, Nutrition, and Incontinence Products), and Applications such as chronic illness, dementia, cardiovascular, cancer, diabetes, mental health, and post-op care.

Major End Users include elderly individuals (self-care), home care agencies, hospitals & clinics, long-term care centers, retirement communities, and government-supported programs.

Global and Regional Outlook

While Asia-Pacific and North America are leading in technology adoption and infrastructure investment, Europe continues to expand its insurance coverage and senior housing capacity. Meanwhile, countries across Latin America and the Middle East & Africa are increasing public-private collaboration in elderly care services.

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Leading Companies Transforming the Elderly Care Landscape

The report profiles 20 key players shaping the global elderly care ecosystem, including:

  • Brookdale Senior Living Inc.
  • Genesis HealthCare
  • Extendicare Inc.
  • Home Instead, Inc.
  • Bupa Group
  • Sunrise Senior Living, LLC
  • Abbott Laboratories
  • Koninklijke Philips N.V.
  • Essity AB
  • Medtronic plc
  • Orpea Group, among others

These companies are actively investing in smart devices, skilled nursing expansion, and hybrid care models to meet the growing demands of aging populations.

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About Global Data Route Analytics

Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.

Media Contact:
Srushti Tungar
Global Data Route Analytics

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