Startup Ideas AI

Many elderly individuals often feel lonely and isolated, and could benefit from regular companionship and assistance with daily activities. A startup could create a platform that connects elderly individuals with volunteer companions who can spend time with them, engage in activities, and provide support. This would help alleviate loneliness and improve the well-being of the elderly. Market size: The global long-term care market is expected to reach $1.7 trillion by 2025, with a CAGR of 7.5%. Tags: elderly care, companionship, volunteer, well-being, assistance. Country: United States, China, Japan, Germany, United Kingdom. Category: Senior care.