AI in elderly care market seen reaching $158.5 billion by 2030

The market for artificial intelligence in aging and elderly care is forecast to surge from $67.56 billion in 2026 to $158.49 billion by 2030, driven by an aging population, chronic disease management and wider use of remote care tools. North America leads today, while Asia-Pacific is expected to grow fastest.

Why it matters: - Artificial intelligence is moving deeper into elderly care as health systems look for ways to monitor older adults, support independence and manage rising care needs. - The market’s projected growth signals more spending on digital health, remote monitoring and assisted-living technologies. - The shift matters as populations age and chronic disease rates rise, increasing pressure on care providers and families.

What happened: - The Business Research Company released its Artificial Intelligence (AI) Market Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on Nov. 2, 2026. - The report says the AI in aging and elderly care market will grow from $54.36 billion in 2025 to $67.56 billion in 2026. - The report forecasts the market will reach $158.49 billion by 2030. - The report projects a 23.8% compound annual growth rate from 2026 to 2030. - North America was the largest market in 2025. - Asia-Pacific is expected to be the fastest-growing region over the next several years.

The details: - The report links growth to an aging global population, more chronic diseases, the spread of remote healthcare services and wider use of digital health tools. - Rising demand for assisted living solutions is also supporting the market. - Future growth is expected to come from investment in AI-enabled healthcare platforms, personalized elderly care, smart home healthcare technologies, preventive care and robotics in eldercare. - Key trends include AI-powered health monitoring, wearable devices for seniors, predictive analytics for health risks, robotic assistance and more remote care delivery models. - AI in aging and elderly care includes machine learning, predictive analytics, robotics and smart devices aimed at improving quality of life and health outcomes for older adults. - The technology supports continuous health monitoring through wearables and remote patient management systems. - The report says AI can enable timely intervention by analyzing real-time data. - A January 2024 report by the Population Reference Bureau said Americans aged 65 and older are expected to rise from 58 million in 2022 to 82 million by 2050. - That would lift the share of the U.S. population age 65 and older from 17% to 23%. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 report adds market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis, and updated graphics and tables. - The report offers a free sample here. - The full report is available here.

Between the lines: - The forecast suggests AI is shifting from a support tool to a core part of elderly care delivery. - The regional split points to mature adoption in North America and faster expansion where aging populations and healthcare modernization are accelerating demand. - The emphasis on wearables, predictive analytics and remote care suggests providers want earlier intervention and lower-cost oversight.

What's next: - The market is likely to keep expanding as providers adopt more automated monitoring and care-management tools. - Investors and healthcare vendors may focus on products that combine remote monitoring, personalized care and robotics. - The report’s long-range forecast through 2030 suggests continued demand for eldercare technology across developed and emerging markets.

The bottom line: - AI in aging and elderly care is moving into a high-growth phase, with demand fueled by demographics, chronic disease burden and the push for more personalized, remote care.