As of 2018, the global number of people over the age of 64 officially eclipsed the number under the age of 5, according to a report from Our World In Data. This is the first time in history—or at least, for as long as we’ve been keeping track—that this happened.
Every time an advance in medicine prolongs our life expectancies, the size and value of the elderly care market increases. That makes more room for companies that service seniors directly and those that focus on their caregivers. From the loneliness of isolation, to physical limitations, to transportation needs, the problems seniors face are currently being worked on by hundreds of innovative startups.