The eldercare assistive robotics market has seen rapid growth so far, but is expected to grow at a high CAGR of 11.7% through 2031.
Elderly care assistive robots are versatile, performing medical tasks,
providing emotional and physical support to the elderly, and keeping track of daily schedules.
Key Players in the Elderly Care Assistive Robotics Market
The growth of the elderly care assistive robotics market is expected to be particularly beneficial for people with dementia,
and assistive robots are expected to hold a large market share of the overall robotics market.
Some of the key players in the elderly care assistive robotics market include SoftBank Robotics,
Honda Motor Corporation, Toyota Motor Corporation, and others.
Elderly care assistant robots to help the elderly care worker shortage
The aging population in developed countries will be the main consumers,
and they will need a large number of qualified healthcare workers to take care of them.
However, the supply of healthcare workers is not keeping up with the demand,
which is where assistive robots for elderly care will help.
