In recent years, China has issued a series of policies to encourage the development of intelligent elderly care devices such as elderly care robots, and the elderly care robot industry has developed rapidly in China. The Forward looking Industry Research Institute predicts that the market size of China's elderly care robots will be about 7.9 billion yuan in 2024, and will grow rapidly at a compound growth rate of about 15% in the next five years. It is expected that by 2029, the market size of China's elderly care robots will reach 15.9 billion yuan.
An Guangyong, an expert from the Credit Management Committee of the All Union Mergers and Acquisitions Association, stated that the research and development, manufacturing, and application of elderly care robots involve multiple industrial chain links, including sensor technology, artificial intelligence algorithms, remote communication technology, human-computer interaction design, etc. The introduction of the 'Standards' will undoubtedly bring new development opportunities to the relevant industry chain and form new economic growth points
The aforementioned person in charge of the State Administration for Market Regulation also believes that the release of this standard will guide elderly robot manufacturers to accurately focus on the physiological and psychological characteristics and needs of the elderly, design and develop elderly robot products, improve product quality, further enhance the ability of the elderly to integrate into society, and benefit the global silver haired population. The implementation of this standard will further lead the creation of a new track for the elderly care robot industry and help create a new curve for global economic growth, "said the person in charge.
