Research Nester23 Mar, 2023Other
The market size was valued at USD 1,269 million in 2021. It is anticipated to progress at a CAGR of ~9% during the forecast period, i.e., 2021-2029 on account of the increasing elderly population and rising investment in the development of advanced technologies. According to the data published by United Nations, the number of people aged 60 or over is anticipated to more than double by 2050, by 962 million in 2017 to 2.1 billion in 2050 across the world.
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