Global Robots for Seniors Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Robots for Seniors Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Robots for the elderly are a branch of smart elderly care that can help the elderly solve various life needs, such as care, rehabilitation, and companionship. According to different needs, they are divided into rehabilitation robots, nursing robots and companion robots. Nursing robots integrate safety care, active reminders, danger warnings, daily patrols, social companionship, health management and other applications, with the goal of helping the elderly with their daily lives. Rehabilitation robots are mainly used for daily living and health care and rehabilitation of the elderly. Companion robots are mainly the wisdom crystallization of the deep integration of artificial intelligence and elderly care services. They can be software applications such as intelligent voice assistants, or hardware devices responsible for care services. They can provide life companionship, mobility assistance, basic diagnosis and treatment, mental health care, etc. Comfort and other diversified elderly care services.

Market Overview:

The latest research study on the global Robots for Seniors market finds that the global Robots for Seniors market reached a value of USD 384.13 million in 2023. It’s expected that the market will achieve USD 1020.31 million by 2029, exhibiting a CAGR of 17.68% during the forecast period.

There are technical bottlenecks

From the production, R&D and design of robots for the elderly to positioning and map construction, speech recognition technology, human-computer interaction technology, sensors, vision technology and image processing, the industry's technical barriers are high. At present, there are still technical bottlenecks in robotic products for the elderly in terms of environmental modeling, autonomous control, human-computer interaction, and safety, and there are still many technical problems that need to be overcome. For example, in the field of environmental modeling,

As an indispensable part of the robot system, environment perception technology is closely related to the map construction, motion control and other functions of intelligent robots. Once a robot loses its perception ability, it will not be able to help people complete specific tasks. Therefore, it is the basis and prerequisite for the integrated development of the robot's perception + operation control + interaction technology system. Due to technical limitations, most robots currently on the market lack complex service functions and weak logic in perception technology. The industry needs to strengthen application research on integrated perception technology. In terms of motion control, robots for the elderly need to complete various tasks according to human instructions, and may have to shuttle between homes, public places, etc. This requires the robot to maintain sufficient flexibility. In the process of performing tasks, the robot needs Correctly judge obstacles and quickly avoid them, but the technology in this area still needs to be improved at this stage. In the field of human-computer interaction, robots for the elderly cannot yet reach the level of communication like humans and can only respond to some fixed words. The response to fixed words also depends on the environment. In relatively quiet situations, the success rate of speech recognition is higher. The technical bottleneck of robots for the elderly is one of the challenges and constraints facing the development of the industry.

Region Overview:

The North American elderly robot market share in 2022 will be 30.06%.

Company Overview:

Panasonic is one of the major players operating in the Robots for Seniors market, holding a share of 20.77% in 2023.

Segmentation Overview:

In terms of product type, the nursing robot segment held the largest market share in 2022.

Application Overview:

From the perspective of application, the nursing home market segment will account for the largest share from 2018 to 2022.

Key Companies in the global Robots for Seniors market covered in Chapter 3:

Aldebaran
Nanjing Avatar Robot Technology Co., Ltd.
OhmniLabs
Fourier intelligence
Zorarobotics
Beijing Kangli Youlan Robot Technology Co., Ltd.
Blue Frog Robotics
Shenyang Xinsong Robot Automation Co., Ltd.
temi
CT Asia Robotics
Panasonic
Intuition Robotics
UBTECH
NEC

In Chapter 4 and Chapter 14.2, on the basis of types, the Robots for Seniors market from 2019 to 2030 is primarily split into:

Rehabilitation robot
Nursing robot
companion robot

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Robots for Seniors market from 2019 to 2030 covers:

nursing home
family
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)