Several countries across the world are either already facing or will face a demographic disaster in the near future. They will undergo severe socio-economic pressures due to a rapidly ageing population with not enough children being born to replace the workforce. This is particularly true in North America, Europe, Russia, South Korea & Japan. According to a government report compiled in Japan in 2012, 22% of the country is 65 or older and this is expected to rise to nearly 40% by 2060. In 2010, Japan had 30 million elderly individuals in old-age homes, but a serious dearth of caregivers to assist them. These countries are the mean reason that the eldercare-assistive robot market has come into existence. Over the past few years, eldercare-assistive robot R&D has become much cheaper, giving rise to helpers with more functionality & a cheaper price. It has also gained wider acceptance not only in Japan but also in the western nations.

1. Eldercare-Assistive Robots Market: Global Industry
Analysis and Opportunity Assessment 2016-2026
January 2017
©2015 Future Market Insights, All Rights Reserved
Report Id : REP-GB-2409
Status : Ongoing
Category : Electronics, Semiconductors, and ICT

2. About
Future Market Insights
©2015 Future Market Insights, All Rights Reserved
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities
Subscription Information
 Customized Research
 Syndicated Research
 Investment Research
 Social Media Research
Sector Coverage
 Automotive and Transportation
 Electronics, Semiconductor, and ICT
 Retail and Consumer Products
 Industrial Automation and Equipment
 Chemicals & Materials
 Food and Beverages
 Services and Utilities
 Energy, Mining, Oil, and Gas
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com
Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
2

3. Research Methodology (1/2)
Systematic Research Approach
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
A
C
B
Primary
Research
Company
Analysis
Desk
Research
 Identifying key opinion leaders
 Questionnaire design
 In-depth interviews
 Coverage across value chain
 Market participants
 Key strengths
 Product portfolio
 Mapping as per value chain
 Key focus segments
 Key industry experts
 Channel study
 Developments
 Market dynamics
 Products
 Conclusions
SOLUTION
Primary Research#
 Linkedin
 Zoominfo
 Salesforce
 Avention
 Factiva
 GBI
 Genios
 Meltwater
 Company websites
 Company annual
reports
 White papers
 Financial reports
©2015 Future Market Insights, All Rights Reserved
Secondary Research # Paid Publications#
Insights
Market profiling
Formulating discussion guide
Developing list of respondents
Data analysis
Data validation
Data collection
1
2
3
4
5
6
7
# includes sources of databases
3

4. Several countries across the world are either already facing or will face a demographic disaster in the near
future. They will undergo severe socio-economic pressures due to a rapidly ageing population with not
enough children being born to replace the workforce. This is particularly true in North America, Europe,
Russia, South Korea & Japan. According to a government report compiled in Japan in 2012, 22% of the
country is 65 or older and this is expected to rise to nearly 40% by 2060. In 2010, Japan had 30 million
elderly individuals in old-age homes, but a serious dearth of caregivers to assist them. These countries are
the mean reason that the eldercare-assistive robot market has come into existence. Over the past few years,
eldercare-assistive robot R&D has become much cheaper, giving rise to helpers with more functionality & a
cheaper price. It has also gained wider acceptance not only in Japan but also in the western nations.
Eldercare-Assistive Robots Market Drivers
The ageing population in developed countries is the main driver for the eldercare-assistive robot market.
According to U.N data, the global over-65 population will grow by 181% and they will account for nearly 16%
of the population by 2050. Caring for these individuals will be an enormous physical, mental & emotional
undertaking. There will be a tremendous shortage of qualified & willing medical personnel for this.
Eldercare-assistive robots have the potential to serve this demographic exceptionally well. They can use
camera sensors to supervise the senior citizen, ensure that they take their prescribed medication at the right
time & also prevent them from falling & injuring themselves. Another factor is the individualistic societies in
western countries, as opposed to collective Asian ones. People prefer to live on their own as much as
possible. Even in old age, they prefer the privacy, comfort & security of their own homes over that of an
institutional caregiver like an old-age home. To address these requirements, eldercare-assistive robots can
come in handy. Not only will they fulfil the role of medical practitioner, but they can also provide human-like
companionship to the patient.
Eldercare-Assistive Robots Market
©2015 Future Market Insights, All Rights Reserved 4

5. They will be able to enhance the health & psychological well-being of the elderly in several ways. By
reminding them off daily tasks & other important information, they could help dementia patients. With
informal chit-chat, they might keep a senior citizen’s mind sharp, reducing the probability of clinical
depression, or Alzheimer’s disease. Robots could also act as telepresence machines, bridging the gap
between doctors and their elderly patients. These individuals might not always be able to travel to the
hospital to seek treatment, & frequent nurse visits are also very costly. The doctor could check in with their
patients through the robot’s screen, even control the machine for simple tasks. These are some of the
factors helping the eldercare-assistive robot market.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2409
Eldercare-Assistive Robots Market Restraints
There are a few challenges faced by the eldercare-assistive robot market. These robots must be able to
manage & cope with more uncertain environments than industrial robots. This makes it a challenge to build
safe & certified ones. Another issue might be human opposition. Either the elderly individual, their family or
both might not be comfortable with the idea of a robot playing a caregiver role. Older people, in particular,
might be very resistant to adopting high-tech equipment like eldercare-assistive robots to simplify their lives.
Cost can also be a major restraint. While the price of these assistive robots has dropped over the last
decade, they still cost thousands of dollars each. People from lower income or middle-class families might
not see the benefit in adopting them as much. Even with many advances made in the eldercare-assistive
robot market, it is estimated that it will be several decades before full assistive robotic care is possible.
Eldercare-Assistive Robots Market
©2015 Future Market Insights, All Rights Reserved 5

6. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-2409
Eldercare-Assistive Robots Market Key Regions
The main eldercare assistive robot markets are those regions which have an ageing population, i.e. North
America (barring Mexico), the E.U, Japan, and China & South Korea. Japan is the largest eldercare-assistive
robot market since it has the most rapidly ageing population along with very low immigration & birth rates.
It also has several domestic players involved in making assistive robots. North America has also slowly but
surely begun to warm up to the eldercare-assistive robot market.
Eldercare-Assistive Robots Market Key Market Players
Some of the companies involved in the eldercare-assistive robot market are Paro Robots, Aldebaran, Togo
Seisakusyo Corporation, and Hasbro.
Browse Full Report@ http://www.futuremarketinsights.com/reports/eldercare-assistive-robots-Market
Eldercare-Assistive Robots Market
©2015 Future Market Insights, All Rights Reserved 6
Click here to
Order a free sample

7. ©2015 Future Market Insights, All Rights Reserved
Future Market Insights Global & Consulting Private Limited (FMI)
Thank You
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
sales@futuremarketinsights.com
For media queries, contact the press office at
press@futuremarketinsights.com
For other queries contact:
Hari. T (Sr. Manager - Global Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: hari.t@futuremarketinsights.com
7