Global Geriatric Care Devices Market Set for Robust Growth to $26.83 Billion by 2033

Global Geriatric Care Devices Market to Witness Strong Growth Through 2033

The global geriatric care devices market, valued at USD 14.80 billion in 2025, is projected to reach USD 26.83 billion by 2033, expanding at a steady CAGR of 7.74% during 2026–2033. The growth is largely fueled by an increasing elderly population, rising prevalence of chronic conditions, and heightened demand for mobility and monitoring solutions that enhance senior citizens’ quality of life. As healthcare systems and homecare providers increasingly prioritize geriatric well-being, the market is witnessing significant investments in mobility aids, monitoring devices, and homecare furniture.

Mobility aids emerged as the largest segment in 2025, contributing 32% to the market, reflecting surging demand for walkers, wheelchairs, and scooters that facilitate safe mobility and fall prevention among seniors. The global sales of mobility aids exceeded 6.8 million units in 2025, illustrating widespread adoption and the critical need for supportive devices in elderly care. Following closely, monitoring devices accounted for significant deployment, with over 4.1 million devices in use by 2025, underscoring the increasing focus on remote elderly health management and chronic disease monitoring.

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Homecare adoption continues to grow, with 28% of devices deployed for in-home care in 2025, reflecting the trend of aging in place. Assisted living facilities accounted for 3.5 million installations, emphasizing the importance of fall prevention and chronic condition management devices in institutional care. Online channels are gaining traction, contributing 18% of total distribution, driven by convenience and rising digital adoption among caregivers and families.

The U.S. market remains a key driver of global growth, valued at USD 3.82 billion in 2025 and forecasted to reach USD 6.75 billion by 2033, growing at a CAGR of 7.42%. The country’s growth is primarily attributed to increasing adoption of monitoring devices and mobility aids, coupled with investments in IoT-connected solutions in hospitals, clinics, and homecare settings.

Key Drivers and Restraints

Market expansion is strongly supported by the rising elderly demographic worldwide and growing awareness of geriatric care needs. Increased prevalence of chronic diseases such as arthritis, cardiovascular ailments, and neurological disorders also drives device adoption. Furthermore, the integration of advanced technologies, including IoT-enabled monitoring systems and smart mobility devices, enhances care quality and operational efficiency. However, high costs of advanced geriatric care devices, regulatory challenges, and limited reimbursement in certain regions may restrain rapid adoption, particularly in developing markets.

Opportunities and Challenges

The growing trend of home-based elderly care presents opportunities for smart, connected, and easy-to-use devices. Emerging markets such as Asia-Pacific are witnessing increasing geriatric populations, creating demand for affordable and scalable solutions. Companies can leverage online sales channels to expand reach and enhance market penetration. Challenges include ensuring device affordability, interoperability of monitoring systems, and creating awareness among caregivers about advanced care solutions.

Market Segmentation Analysis

By product type, mobility aids held the largest share of 32.45% in 2025, while monitoring devices are anticipated to grow at the fastest CAGR of 9.12%, reflecting the rising focus on telehealth and remote patient management. Homecare furniture and assistive devices remain crucial for enabling independence and safety among the elderly, particularly in residential and assisted living environments.

By application, fall prevention and mobility management dominated with a 34.20% market share in 2025, driven by the high incidence of falls among seniors. Elderly monitoring is projected to witness the fastest growth at 9.05% CAGR as families and institutions increasingly rely on continuous monitoring technologies. Chronic disease management and personal care applications are also expected to see steady growth, supported by the increasing demand for comprehensive geriatric care solutions.

By end user, hospitals and clinics captured the largest share of 37.50% in 2025 due to early adoption of advanced geriatric devices and institutional care programs. Homecare settings, however, are projected to grow at the fastest CAGR of 8.90%, driven by aging-in-place trends and the demand for convenient, home-based monitoring solutions. Assisted living facilities are also expanding device adoption, emphasizing safety and quality of care for seniors.

By distribution channel, direct sales accounted for 42.30% of the market in 2025, highlighting strong partnerships with healthcare providers and institutions. Online platforms, growing at 9.25% CAGR, are rapidly becoming preferred channels due to ease of purchase, product variety, and delivery convenience. Retail pharmacies and other channels complement the distribution ecosystem, ensuring accessibility to a wider demographic.

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Regional Outlook

North America remains the dominant regional market, supported by well-established healthcare infrastructure, high awareness of geriatric care, and favorable reimbursement policies. Europe follows closely with strong adoption in Germany, the UK, France, and Italy. Asia-Pacific is emerging as a high-growth region, fueled by rising geriatric populations in China, India, Japan, and South Korea, and increasing government initiatives to support elderly care. The Middle East & Africa and Latin America markets are gradually expanding as awareness, healthcare access, and disposable income improve.

Competitive Landscape

Key players in the global geriatric care devices market include Cardinal Health, Invacare Corporation, Medline Industries, Kimberly-Clark Corporation, Unicharm Corporation, Sunrise Medical LLC, Mobility Aids Sales & Services, Medical Depot Inc., Sonova Holding AG, Starkey Hearing Technologies, Pride Mobility Products, Aloe Care Health, SafelyYou, Intuition Robotics, Nobi, Integrity Tracking, Oisín Biotechnologies, and Rejuvenate Bio. These companies focus on strategic partnerships, product innovation, and expanding distribution channels to strengthen market presence.

Future Outlook

The global geriatric care devices market is expected to maintain robust growth through 2033. Technological advancements, including IoT-enabled monitoring systems, AI-driven predictive health analytics, and smart mobility solutions, are likely to enhance patient outcomes and operational efficiency in both institutional and homecare settings. Rising investments in elderly care, combined with policy support and growing public awareness, will continue to propel market growth.

Conclusion

The geriatric care devices market is evolving to meet the complex needs of an aging global population. With mobility aids, monitoring devices, and homecare solutions driving growth, stakeholders have significant opportunities to innovate and expand. As homecare adoption and online sales rise, the market is set to witness sustained growth, making it a critical segment of the broader healthcare industry.

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