Remote elder care monitoring and support
Providing remote monitoring and support services for elderly individuals who live alone or have limited caregiver support. This includes real-time health monitoring, medication reminders, and access to virtual companionship.Market size: According to a report by Grand View Research, the global telehealth market size was valued at $55.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 22.7% from 2021 to 2028.