for the elderly is mounting throughout the industrialized world. As we are granted longer lives, most of us will endure more disability later in life, making life at home a little more challenging and a little more risky to frailer bodies.

An estimated $3 billion could be saved annually by postponing entry into nursing homes by just one month. Nursing homes have some two million residents across the United States alone, and are all growing.

For this small measure of peace of mind, society pays nearly a trillion dollars per year. Generally, extended independent living at home would be preferable, but few can afford full-time home-care and often institutions become the "best" choice. At $30,000 to $60,000 a year, nursing homes would be far less attractive than staying at one's own home...

For less than half this cost, with a dedicated, helpful, assisting eye we can provide around-the-clock personalized support and physical assistance at home.

By leveraging the current state-of-the-art robotic, sensing and network technologies, as well as developing the necessary software, we can defray Elderly Caring Costs with this preferable, "24/7" one-on-one solution.

RoboNexus' Growing Personal and Service Robotics Markets Report
Next in tour