Global Care Companion Robot for Older Adults Market Growth 2025-2031

The global Care Companion Robot for Older Adults market size is predicted to grow from US$ 119 million in 2025 to US$ 263 million in 2031; it is expected to grow at a CAGR of 14.1% from 2025 to 2031.

A Care Companion Robot for Older Adults is an AI-powered robotic system designed to provide emotional support, assistance, and safety monitoring for elderly individuals. These robots help enhance independent living, reduce loneliness, and support caregivers by offering reminders, health monitoring, communication, and interactive engagement.

United States market for Care Companion Robot for Older Adults is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Care Companion Robot for Older Adults is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Care Companion Robot for Older Adults is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Care Companion Robot for Older Adults players cover Intuition Robotics, Luvozo, Zorarobotics, AvatarMind iPAL, Sony, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Care Companion Robot for Older Adults Industry Forecast” looks at past sales and reviews total world Care Companion Robot for Older Adults sales in 2024, providing a comprehensive analysis by region and market sector of projected Care Companion Robot for Older Adults sales for 2025 through 2031. With Care Companion Robot for Older Adults sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Care Companion Robot for Older Adults industry.

This Insight Report provides a comprehensive analysis of the global Care Companion Robot for Older Adults landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Care Companion Robot for Older Adults portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Care Companion Robot for Older Adults market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Care Companion Robot for Older Adults and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Care Companion Robot for Older Adults.

This report presents a comprehensive overview, market shares, and growth opportunities of Care Companion Robot for Older Adults market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Removable Type
Immovable Type

Segmentation by Application:
Home Use
Nursing Home
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Intuition Robotics
Luvozo
Zorarobotics
AvatarMind iPAL
Sony
Fraunhofer IPA
Blue Frog Robotics
Matilda
Aldebaran
UBTECH
Shenzhen Kangyiheng Technology
Shenzhen as a Technology
Hunan Chaoneng Robot Technology
Freiwei Intelligent Robot Technology
Jiangsu Aiyu Wencheng Elderly Care Robot
Tami Smart Technology
Shanghai PT Info

Key Questions Addressed in this Report

What is the 10-year outlook for the global Care Companion Robot for Older Adults market?

What factors are driving Care Companion Robot for Older Adults market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Care Companion Robot for Older Adults market opportunities vary by end market size?

How does Care Companion Robot for Older Adults break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.