Written by Rohit » Updated on: April 22nd, 2025
India Electrical Wires and Cables Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 967.5 Million
Market Forecast in 2033: USD 1,738.7 Million
Market Growth Rate (2025-2033): 6.7%
The India elderly care products market size reached USD 967.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,738.7 Million by 2033, exhibiting a growth rate (CAGR) of 6.7% during 2025-2033. The market is driven by a rising aging population, increased healthcare awareness, numerous government initiatives, advancements in assistive technology, home healthcare demand, improved disposable income, insurance coverage, and the expansion of senior living facilities.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/india-elderly-care-products-market/requestsample
India Elderly Care Products Market Trends and Drivers:
Core Market Drivers and Consumer Trends
Rapid demographic shift due to a growing elderly population is a key market accelerator.
Rising disposable incomes and awareness of senior health and wellness are prompting demand for elderly care products.
Increased adoption of products like mobility aids, adjustable beds, and remote health monitoring devices for convenience and safety.
Government initiatives focused on geriatric care infrastructure are fueling market expansion.
E-commerce platforms are making elderly care products more accessible, especially in urban and rural areas.
Shift in societal attitudes towards in-home elderly care is boosting demand for affordable and user-friendly products.
Healthcare Integration and Technological Advancements
Prevalence of chronic illnesses (arthritis, diabetes, cardiovascular diseases) is increasing the need for assistive and therapeutic products.
Products such as orthopedic mattresses, BP monitors, and diabetic care kits are seeing high adoption.
Rise of nuclear families and dual-income households has increased the reliance on home-based care solutions.
Technological innovation with IoT-enabled devices and AI-driven health trackers is enabling personalized and preventive care.
Entry of global brands is improving product quality, fostering healthy competition, and offering better pricing options.
Lifestyle Evolution and Emerging Opportunities
Growing interest in holistic elderly care is driving demand for nutraceuticals, anti-aging skincare, and senior-friendly fitness gear.
Rising penetration of health insurance policies covering elderly care products is reducing financial constraints.
Collaborations between healthcare providers and manufacturers are enhancing product credibility and driving innovation.
Untapped markets in tier-2 and tier-3 cities represent lucrative growth opportunities for stakeholders.
Long-term focus is on compassionate, tech-driven solutions that promote independence, dignity, and quality of life for seniors.
India Elderly Care Products Market Industry Segmentation:
Product Insights:
Incontinence Product
Consumables
Assistive devices
Nutritional Supplements
Usage Insights:
Home Care
Chronic Illness Care
End User Insights:
Hospital
Nursing Care Facilities
Home Health Care
Regional Insights:
North India
South India
East India
West India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=30922&flag=C
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
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Email: [email protected]
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