Elderly Care Technology Market to Reach USD 93.4 Billion by 2035 as Wearable Devices Capture 42% Share, North America Accounts for 40%-45% of Global Demand, and Philips, Medtronic & GE Healthcare Accelerate AI-Driven Remote Elderly Care Solutions

AI Briefing

• – Elderly care technology market to reach USD 93.4 billion by 2035, driven by wearable devices and AI-driven solutions.
• – North America accounts for 40%-45% of global demand, with Philips, Medtronic & GE Healthcare leading the charge in AI-driven remote elderly care.
• – The market is valued at USD 42.8 billion in 2025 and is expected to grow at a CAGR of 10.4% from 2025 to 2035.