The United Nations estimates the number of people over the age of 65 will triple to more than 1.5 billion by the year 2050. Many of the elderly will want to live in their own homes as they get older, so new technologies will be needed to manage their care. Israel-based Intuition Robotics has designed the Elli-Q to help do just that. In an interview with Bloomberg North’s Anthony Lacavera, Dor Skuler, CEO of Intuition Robotics, speaks to the future market growth for Elli-Q and how it will evolve.

Watch the video on Bloomberg here.