Elderly Care Market Size in India | Trends and Forecast 2025

Q: What is the market outlook for elderly care services in India?

The market is witnessing robust expansion, fueled by an aging population and a growing need for personalized elderly care services.

Q: What are some major hurdles faced by the elderly care ecosystem?

Lack of skilled geriatric caregivers and affordability concerns for low-income elderly are key challenges.

Q: What is the expected growth rate of the India Elderly Care Market?

India Elderly Care Market is projected to grow at a CAGR of 13.9% during the forecast period.

Q: How is the government supporting the elderly care sector?

Through schemes like NPHCE, insurance subsidies, and funding for senior living infrastructure, the government is playing an enabling role.

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Code: MTA4271

Publication Date: Jun 2025

What is the India Elderly Care Market Size & Growth Rate?

According to 6Wresearch internal database and industry insights, India Elderly Care Market is projected to expand at a CAGR of 13.9% during the forecast period.

This surge is driven by the countryâ€™s aging population, rising prevalence of chronic conditions, and growing awareness around geriatric wellness services and assisted living models.

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Key Growth Drivers of the India Elderly Care Market

Rising number of geriatric populations with healthcare needs.
Increased demand for in-home caregiving services due to nuclear family systems.
Government initiatives such as the National Programme for Health Care of the Elderly (NPHCE).
Growth of private geriatric wellness startups and elder-focused insurance offerings.
Telemedicine and wearable health tech adoption among senior citizens.
Expansion of retirement communities and senior living projects in Tier I and II cities.

India Elderly Care Market Trends

India Elderly Care Market is undergoing transformation, with a shift from traditional homecare to institutional and hybrid care models. Digital health platforms offering remote consultations, medicine delivery, and emergency alerts are on the rise. Furthermore, the integration of AI for predictive health monitoring and smart home technologies for elder safety is reshaping the service landscape. Multispecialty care models and community-driven elderly engagement programs are also gaining traction.