This document focuses on the overseas intelligent aging-friendly market, providing an in-depth analysis of the current market situation, innovative product directions, and case studies of Chinese companies going global. It aims to offer comprehensive market insights and strategic references for relevant enterprises. The specific content is as follows:
1. Current Situation of the Overseas Intelligent Aging-Friendly Market
- Market Size and Growth Trend: In 2023, the market size of artificial intelligence in the aging and elderly care sector reached USD 39.3 billion, and is expected to reach USD 180.8 billion by 2031, with a compound annual growth rate of 21.2% from 2024 to 2031.
- Opportunities in Home-Based Elderly Care: Nearly 90% of elderly people prefer home-based care. Smart elderly care technologies can address safety risks, and development in Europe and North America is mature.
- Regional Market Characteristics
- North American Market: AI care accounts for a large share of revenue, with widespread application of telemedicine and big data. Artificial intelligence and robotics technologies are popular, and service robots can provide various home services.
- European Market: Germany promotes digital health technologies and smart home systems, launching innovative care projects; Sweden advances digital intelligence pilot projects for community elderly care, formulating national AI strategies and e-health plans.
2. Innovative Product Directions for Overseas Intelligent Aging-Friendly Market in 2024
- Home Safety and Security
- Fall Detection and Prevention: Wearable sensors or pendants can detect falls and send alerts, some with GPS tracking. Home safety systems include various sensors, and smart lighting and voice assistants can enhance safety.
- Medication Management: Electronic pill dispensers with alarms and reminders can notify caregivers in case of deviations, but cannot replace professional checks.
- Hygiene and Health
- Monitoring Devices: Wearable smart devices track health parameters and provide real-time data to help with early detection of issues.
- Personal Care and Hygiene: Devices such as smart bathing machines and care robots enhance independence and convenience in personal care.
- Cognitive Stimulation: Digital brain training apps, music therapy devices, and virtual reality experiences can stimulate cognition and maintain mental acuity.
- Social Participation and Connection
- Elderly-Friendly Smartphones and Tablets: Equipped with assistive features, large screens, and simplified interfaces for easy use by seniors.
- Virtual Reality and Gaming: VR provides new avenues for social entertainment for seniors with limited mobility, and games promote social interaction and cognitive challenges.
3. Case Studies and Strategies of Chinese Companies Going Global
- As Technology: Focused on intelligent care for disabled elderly, products include intelligent care robots for toileting, etc. The company determines its overseas strategy through product iteration and market research, adopts a To B first then To C model, relies on overseas distributors to solve after-sales service issues, and overseas revenue accounted for 40% in 2023.
- Midesite: Centered on home rehabilitation medical devices, launched Mateside and VOCIC brands. High unit price products focus on brand marketing, while low unit price products expand the market through cost-effectiveness. By improving products and services, the company accumulates brand reputation, and some products are popular overseas.
