The AgeTech Market 2026

Or email info@silvereconomy.com for enquiries

Digital adoption has moved decisively into the mainstream among older adults. In the UK, smartphone use among over-65s rose from 3 percent in 2012 to 77 percent in 2024 (Source: Statista, 2025), helping create the conditions for sustained demand across devices, platforms and technology-enabled services built for later life.

Put these changes together (a larger, longer-lived older population, spending more than anyone else, and now widespread digital familiarity) and you get the conditions for AgeTech. The term covers technology designed to meet the needs of the world’s ageing population: financial technology, health tech, mobility, AI, smart home systems, robotics, communication tools.

A Major Growth Market

AgeTech is a global market worth $286.4 billion, spanning 13 market segments and forecast to grow at a real-term CAGR of 10.4 percent from 2026 to 2031. The report presents AgeTech as one of the fastest-growing parts of the wider Silver Economy Markets, where products and services relevant to people aged 60 and over account for $4.5 trillion of annual spending across 64 segments.

As populations age, digital adoption rises and public systems face mounting pressure, AgeTech is evolving from emerging category to strategic market. The report is designed to help readers understand where this growth is happening, what is driving it, and which segments deserve priority attention over the next five years.

Two Types of Technology

The report defines AgeTech as technology designed for adults aged 60 and over, and for the carers, providers and organisations supporting them across health, housing, finance, learning and everyday life. It is not framed as a single vertical market, but as a cross-market technology view within five Silver Economy Markets wherer technology is the core product or a meaningful component of delivery.

This report distinguishes Technology Products (seven segments, $140.9 billion), where the device, platform or system is what you buy, from Technology-Enhanced Services (six segments, $145.5 billion), where technology transforms how an existing service is delivered. Technology Products face faster obsolescence and need more capital; Technology-Enhanced Services have stickier customers but more entrenched non-tech competition. 

What’s inside

The report includes the following sections:

• Executive Summary: AgeTech size is $286.4 billion, forecast growth of 10.4 percent CAGR in real terms (2026-31).
• Understanding AgeTech: how demographics and technology create opportunity.
• AgeTech within the Silver Economy Markets.
• Segmentation across 13 AgeTech market segments.
• Regional perspectives across the US, EU+UK, and Asia-Pacific.
• Innovation and trends in AgeTech.
• Outlook and recommendations for investors, founders, executives and operators.
• Appendix, methodology, glossary and references.

Who This Report is For

The report is written for investors looking for a realistic map of the market, founders and executives deciding where to build and grow, and operators in health, care, housing and financial services choosing which technologies to adopt. It is intended to provide a clear view of where AgeTech fits within the wider Silver Economy Markets and what factors will influence the market over the next five years.

Or email us at info@silvereconomy.com for enquiries.