Global Geriatric Care Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Mobility Assistance Aids, Assistive Furniture, Bathroom Safety & Assistive Products, Communication Aids, and Vision & Reading Aids.By End User;
Hospitals, Elderly Nursing Homes, Homecare, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Geriatric Care Devices Market (USD Million), 2021 - 2031
In the year 2024, the Global Geriatric Care Devices Market was valued at USD 1,042,742.89 million. The size of this market is expected to increase to USD 1,656,969.03 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.
The global geriatric care devices market is experiencing robust growth, driven by the increasing aging population worldwide. As life expectancy rises and the number of elderly individuals increases, there is a growing demand for devices that help manage age-related health conditions, enhance mobility, and improve quality of life. Geriatric care devices include a wide range of products such as mobility aids (wheelchairs, walkers, scooters), hearing aids, personal emergency response systems (PERS), monitoring devices, and home healthcare devices. These products are designed to address the specific needs of elderly individuals who may struggle with chronic conditions like arthritis, dementia, or cardiovascular diseases, contributing to the market's expansion.
The market is also being driven by technological advancements in geriatric care devices, such as the integration of smart technology and IoT (Internet of Things) in monitoring devices. Wearable health trackers, connected home systems, and remote patient monitoring tools enable caregivers and healthcare providers to track the health status of elderly individuals in real-time, improving care management. Furthermore, innovations in non-invasive monitoring systems, including blood pressure monitors, glucose monitors, and fall detection systems, are enhancing the quality of care for seniors. These technological advancements not only make daily living easier for older adults but also help prevent complications associated with aging, which is increasing the demand for these devices.
North America dominates the geriatric care devices market due to the high elderly population and advanced healthcare infrastructure. Countries like the United States and Canada have seen a significant rise in the adoption of geriatric care devices, driven by rising awareness, improved healthcare policies, and a well-developed medical device industry. However, the Asia-Pacific region is expected to witness the highest growth rate due to rapid aging in countries like China, Japan, and India, along with increasing healthcare spending and improving access to medical technologies. Europe also holds a significant share of the market, supported by aging populations in countries like Germany, France, and the UK. In contrast, Latin America and the Middle East & Africa are growing markets as well, driven by increased investments in healthcare infrastructure and rising awareness of elderly care needs. As the elderly population continues to rise globally, the geriatric care devices market is poised for further expansion, with new product innovations and better accessibility driving the overall growth.
Global Geriatric Care Devices Market Recent Developments
-
In January 2023, Genesis Healthcare Inc. announced it will be adding 34 nursing homes in Pennsylvania. This expansion strategy may help the company to enhance their market presence and general increased business revenue.
-
In October 2019, Active Day a provider of adult day health centers in the United States, announced the acquisition of Person,Centered Services (PCS) with 15 locations across Ohio. This acquisition helped the company to expand its operations acquire enhanced customer base.
Segment Analysis
The Global Geriatric Care Devices Market has been segmented by Product, End User and Geography, by product, catering to the diverse needs of the elderly population. Key product segments include mobility assistance aids, assistive furniture, bathroom safety and assistive products, communication aids, and vision and reading aids. Mobility assistance aids such as wheelchairs, walkers, and scooters are in high demand, as they help seniors maintain independence and mobility despite physical limitations. Assistive furniture, including adjustable beds and recliners, improves comfort and accessibility, while bathroom safety products like grab bars and shower chairs reduce the risk of falls in a critical area of daily life. Communication aids, such as hearing devices, and vision aids, such as magnifiers, are essential for improving quality of life by enhancing social interaction and enabling seniors to engage in cognitive activities, further driving market growth.
End users of geriatric care devices include healthcare facilities, home care settings, and long-term care institutions. Healthcare facilities, such as hospitals and rehabilitation centers, are significant consumers of geriatric care devices due to their need for specialized equipment to assist elderly patients in recovery or daily activities. Home care settings are increasingly popular as more seniors prefer to age in place, driving demand for a range of devices that can support elderly individuals in living independently at home. Long-term care institutions, including nursing homes and assisted living facilities, are also major end users, as they require comprehensive care solutions for large numbers of elderly residents, further fueling the adoption of geriatric care devices.
Geographically, the geriatric care devices market is experiencing growth across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America remains the largest market due to its aging population, robust healthcare infrastructure, and high healthcare expenditure. Europe follows closely, driven by similar demographic trends and a growing focus on senior health. The Asia-Pacific region is expected to exhibit the highest growth rate, particularly in countries like Japan, China, and India, due to rapidly aging populations and improving healthcare systems. Latin America and the Middle East and Africa are emerging markets, where the demand for geriatric care devices is rising as elderly populations grow and healthcare access improves. The segmentation by geography highlights the varying dynamics across regions, with North America and Europe being more mature markets and Asia-Pacific showing the fastest growth potential.
Global Geriatric Care Devices Segment Analysis
In this report, the Global Geriatric Care Devices Market has been segmented by Product, End User and Geography.
Global Geriatric Care Devices Market, Segmentation by Product
The Global Geriatric Care Devices Market has been segmented by Product into Mobility Assistance Aids, Assistive Furniture, Bathroom Safety & Assistive Products, Communication Aids, and Vision and Reading Aids.
The global geriatric care devices market is essential in improving the quality of life for the elderly population, and its segmentation by product highlights the diverse range of solutions tailored to the specific needs of aging individuals. Mobility assistance aids represent a significant segment, including products such as wheelchairs, walkers, scooters, and canes. These devices help seniors maintain their independence and mobility, providing vital support for those with reduced physical capabilities due to conditions like arthritis, stroke, or general age-related decline. As the aging population grows, the demand for mobility aids continues to rise, driven by an increasing number of seniors seeking to maintain an active lifestyle.
Assistive furniture is another critical product category in the geriatric care devices market. This includes specialized chairs, beds, recliners, and adjustable tables designed to provide comfort and improve accessibility for elderly individuals. These furniture solutions are engineered to enhance safety, reduce strain, and prevent injuries by incorporating features such as adjustable heights, reclining functions, and support for better posture. Assistive furniture helps seniors with physical limitations engage more comfortably in daily activities like sitting, standing, and resting, playing a crucial role in their overall well-being.
Bathroom safety and assistive products, such as grab bars, shower chairs, and raised toilet seats, are designed to minimize the risk of falls and accidents in the bathroom, a common area of concern for seniors. These products provide stability and safety, enabling elderly individuals to carry out personal hygiene routines independently and securely. Communication aids, such as hearing devices and specialized phones, also contribute significantly to the geriatric care market by improving the ability of elderly individuals to interact with others, enhancing their social engagement. Vision and reading aids, including magnifiers, text-to-speech devices, and specialized glasses, assist seniors with visual impairments, enabling them to maintain their independence and engage in reading, a vital cognitive activity. Together, these product categories form a comprehensive ecosystem of solutions aimed at promoting senior health, independence, and comfort.
Global Geriatric Care Devices Market, Segmentation by End User
The Global Geriatric Care Devices Market has been segmented by End User into Hospitals, Elderly Nursing Homes, Homecare and Others.
The global geriatric care devices market is segmented by end user into hospitals, elderly nursing homes, homecare, and others, with hospitals being one of the largest segments. Hospitals are major centers for the treatment and management of geriatric patients, particularly those with chronic conditions like cardiovascular diseases, diabetes, and dementia. Advanced geriatric care devices such as monitoring systems, mobility aids, and rehabilitation equipment are widely used in hospitals to provide comprehensive care. The growing elderly population and the increasing prevalence of age-related diseases are driving demand for these devices in hospital settings, contributing significantly to the market.
The elderly nursing homes segment is another key contributor to the geriatric care devices market. As the elderly population continues to grow, many older adults require long-term care, which is often provided in nursing homes. These facilities rely on a variety of geriatric care devices to ensure the safety, comfort, and well-being of their residents. Devices such as mobility aids, fall detection systems, personal emergency response systems (PERS), and remote health monitoring devices are crucial in nursing homes, where elderly residents often require constant monitoring and assistance. The increasing number of elderly individuals opting for nursing homes due to limited family support is fueling market demand in this segment.
The homecare segment is experiencing rapid growth due to the rising trend of aging individuals preferring to stay in their homes rather than in institutionalized care. Homecare solutions, including telemedicine, remote patient monitoring devices, and assistive technologies like mobility aids, are gaining popularity as they allow elderly individuals to receive care and maintain independence in the comfort of their homes. This shift towards homecare is driven by factors such as the desire for personalized care, the affordability of home-based solutions, and the increasing availability of home healthcare services. As the demand for aging-in-place solutions rises, the homecare segment is expected to continue expanding. The "others" segment includes other end users such as outpatient clinics and rehabilitation centers, which also contribute to the market with the need for specialized geriatric care devices.
Global Geriatric Care Devices Market, Segmentation by Geography
In this report, the Global Geriatric Care Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Geriatric Care Devices Market Share (%), by Geographical Region, 2024
The global geriatric care devices market is experiencing significant growth across various geographical regions, with North America holding the largest market share. This is primarily due to the high elderly population in the United States and Canada, coupled with well-established healthcare infrastructure and advanced technology adoption. The region’s aging population, along with increasing awareness about senior health and the growing prevalence of chronic diseases such as diabetes, cardiovascular conditions, and mobility impairments, contributes to the rising demand for geriatric care devices. Additionally, North America's robust reimbursement policies for medical devices and government initiatives aimed at improving elderly care further bolster the market's growth in this region.
Europe holds the second-largest share in the global geriatric care devices market, driven by a similar demographic trend of an aging population. The demand for senior care products is particularly strong in countries like Germany, France, and the United Kingdom, where healthcare systems are well-equipped to address the needs of the elderly. European governments and organizations are increasingly investing in healthcare innovations to improve the quality of life for seniors, which, in turn, fuels the demand for mobility aids, assistive furniture, and other geriatric care devices. The region is also witnessing a rise in public awareness and the growing prevalence of age-related conditions, further expanding the market.
The Asia-Pacific region is emerging as one of the fastest-growing markets for geriatric care devices. As countries like Japan, China, and India experience rapid population aging, there is a rising need for solutions to support elderly individuals in maintaining independence and quality of life. The demand for geriatric care devices in Asia-Pacific is driven by improving healthcare infrastructure, rising disposable incomes, and growing awareness about elderly care products. Japan, in particular, is leading the charge due to its advanced aging society and strong focus on developing assistive technologies for seniors. Additionally, with the increasing focus on affordable healthcare in countries like India, there is growing potential for the geriatric care market to expand across the region. Latin America and the Middle East and Africa are also witnessing steady growth, driven by demographic shifts and an increasing focus on elderly care, though these regions have a smaller market share compared to North America, Europe, and Asia-Pacific.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Geriatric Care Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing aging population worldwide
- Rising prevalence of age-related chronic conditions
- Technological advancements in geriatric care devices
- Growing demand for home healthcare solutions:
One of the key drivers of the global geriatric care devices market is the growing demand for home healthcare solutions. As the elderly population increases globally, many seniors are opting to receive care in the comfort of their own homes rather than in hospitals or nursing homes. This preference for aging in place is driven by several factors, including the desire for independence, emotional comfort, and the convenience of staying in a familiar environment. As a result, there is a rising need for a wide range of geriatric care devices that can support elderly individuals with chronic conditions, mobility limitations, and other age-related health issues, all while they continue to live at home.
The demand for home healthcare solutions is also fueled by advancements in medical technology that enable better monitoring and management of health conditions remotely. Wearable devices, such as fitness trackers and health monitoring systems, now provide real-time data on vital signs like blood pressure, heart rate, and glucose levels, allowing caregivers and healthcare providers to track an elderly person’s health remotely. This reduces the need for frequent hospital visits, making healthcare more convenient and cost-effective. Furthermore, telemedicine platforms have become more accessible, allowing elderly individuals to consult with doctors and receive medical advice without leaving their homes, further driving the adoption of home healthcare solutions.
In addition to technological advancements, cost-effectiveness plays a significant role in the increasing demand for home healthcare. Home-based care is often more affordable than institutionalized care, especially for seniors who do not require constant medical attention but still need assistance with daily activities. The ability to integrate geriatric care devices such as mobility aids, fall detection systems, and remote monitoring tools into home healthcare programs enhances the quality of life for elderly individuals while reducing the overall cost of care. As a result, both healthcare providers and patients are increasingly turning to home healthcare solutions, which further boosts the growth of the geriatric care devices market.
Restraints
- High cost of advanced geriatric care devices
- Limited awareness and accessibility in developing regions
- Regulatory challenges in new product approvals:
One of the significant restraints in the global geriatric care devices market is the regulatory challenges associated with the approval of new products. The development of geriatric care devices often involves stringent regulatory requirements set by health authorities such as the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA), and other national regulatory bodies. These regulations are put in place to ensure the safety, efficacy, and quality of medical devices, but the process can be time-consuming and costly. The lengthy approval process can delay the entry of new devices into the market, limiting the ability of companies to quickly capitalize on innovations and respond to the growing demand for geriatric care solutions.
Additionally, varying regulatory standards across regions pose challenges for manufacturers of geriatric care devices. While regulatory frameworks in developed markets like North America and Europe are relatively well-established, many emerging markets still have inconsistent or evolving regulatory policies. This disparity creates hurdles for companies looking to introduce new products globally. Manufacturers may need to navigate complex, region-specific requirements for testing, certification, and labeling, which can lead to delays in product launches and increase the overall cost of bringing new devices to market. These challenges can hinder the global expansion of innovative geriatric care technologies, especially for smaller or mid-sized companies with limited resources.
Furthermore, the increased scrutiny of medical devices due to concerns over patient safety and device performance is another contributing factor to regulatory challenges. As geriatric care devices often target elderly individuals with unique health concerns, regulatory agencies are especially cautious when evaluating their safety and efficacy. This heightened scrutiny leads to more rigorous clinical trials and extensive documentation requirements, further extending the time required for product approval. These challenges can delay the availability of new, potentially life-improving devices for elderly populations, limiting their access to cutting-edge care technologies and affecting the market growth of innovative solutions for geriatric care.
Opportunities
- Expansion of healthcare infrastructure in emerging markets
- Integration of IoT and smart technologies in geriatric care
- Increasing focus on preventive healthcare and early diagnosis
- Growing market for wearable health monitoring devices:
One of the key opportunities in the global geriatric care devices market is the rapidly growing market for wearable health monitoring devices. As technology advances, wearable devices are becoming increasingly sophisticated, allowing elderly individuals to track various aspects of their health in real-time. These devices, which include smartwatches, fitness trackers, and medical-grade wearables, can monitor vital signs such as heart rate, blood pressure, blood oxygen levels, and sleep patterns. By providing continuous health monitoring, wearables offer a convenient way for elderly individuals to manage chronic conditions like hypertension, diabetes, and cardiovascular diseases, leading to better health outcomes and improved quality of life.
Wearable health devices are also highly beneficial for remote patient monitoring, a growing trend in healthcare. For elderly patients living at home, these devices can transmit real-time health data to caregivers, healthcare providers, or family members, allowing for timely interventions if necessary. This not only helps in managing chronic conditions but also prevents potential health crises, such as falls or sudden drops in vital signs, by providing immediate alerts to healthcare professionals. The integration of wearable devices with telemedicine platforms further enhances the effectiveness of remote monitoring, making healthcare more accessible and personalized for seniors, especially in regions where traditional healthcare services may be limited.
The expanding adoption of wearable health monitoring devices is driven by several factors, including the increasing awareness of preventive healthcare, the desire for aging individuals to maintain independence, and advancements in technology that make these devices more affordable and user-friendly. As the global population continues to age, the demand for innovative solutions that enable seniors to monitor their health autonomously is expected to rise. Moreover, the growing focus on aging in place, where elderly individuals prefer to live in their homes rather than nursing facilities, further drives the need for wearable health devices that offer both convenience and peace of mind. This presents a significant opportunity for companies in the geriatric care devices market to innovate and expand their product offerings in the wearable health segment, meeting the needs of the elderly population while contributing to market growth.
Competitive Landscape Analysis
Key players in Global Geriatric Care Devices Market include,
- Cardinal Health
- Invacare
- Kimberly-Clark
- SCA
- Unicharm
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Geriatric Care Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing aging population worldwide
- Rising prevalence of age-related chronic conditions
- Technological advancements in geriatric care devices
- Growing demand for home healthcare solutions
- Restraints
- High cost of advanced geriatric care devices
- Limited awareness and accessibility in developing regions
- Regulatory challenges in new product approvals
- Opportunities
- Expansion of healthcare infrastructure in emerging markets
- Integration of IoT and smart technologies in geriatric care
- Increasing focus on preventive healthcare and early diagnosis
- Growing market for wearable health monitoring devices
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Geriatric Care Devices Market, By Product, 2021 - 2031 (USD Million)
- Mobility Assistance Aids
- Assistive Furniture
- Bathroom Safety & Assistive Products
- Communication Aids
- Vision & Reading Aids
- Global Geriatric Care Devices Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Elderly Nursing Homes
- Homecare
- Others
- Global Geriatric Care Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Geriatric Care Devices Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Cardinal Health
- Invacare
- Kimberly-Clark
- SCA
- Unicharm
- Company Profiles
- Analyst Views
- Future Outlook of the Market