Press release
Geriatric Medicines Market Size 2022: Future Growth, Share, New Investments, In-Depth Survey, Industry Demand, Key Player and Forecast 2022-2027
The Geriatric Medicines Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Geriatric Medicines Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.Request for Free Sample Here:
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Market Overview
The primary factor attributing to the growth of the market is a steep rise in the elderly population across geographical locations, mainly in developed and emerging economies. Besides, the rising prevalence of chronic disorders, such as cancers, diabetes, and rheumatoid arthritis among the geriatrics attributes for the growth of the market. For instance, according to the United Nations data of World Population Prospects for the year 2019, the number of people over the age of 65 increase from 9% in 2019 to more than 16% of the total world’s population by 2050. The number of persons aged 80 years or over is also projected to triple, from 143 million in 2019 to 426 million in 2050. Thus, the rise in the volume of the patient pool results in a higher demand for the market fueling the global market growth over the forecast period.
The major players covered in the Geriatric Medicines Market:
Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, GlaxoSmithKline plc, AstraZeneca plc, Abbott Laboratories, Inc., Merck & Company Inc., Eli Lilly and Company, Novartis AG, Sanofi S.A., Pfizer, Inc.
Recent Devlopments
Abbott Laboratories’ largest acquisition to date was in 2016, when it acquired St. Jude Medical for $25.0B. It’s largest disclosed sale occurred in 2015, when it sold Abbott - Non-U.S. Developed Markets Specialty and Branded Generics to Viatris for $5.3B. Abbott Laboratories has acquired in 8 different US states, and 9 countries. The Company’s most targeted sectors include medical products (55%) and life science (34%).
Geriatric Medicines Breakdown Data by Type
Analgesics
Antihypertensive
Statins
Antidiabetics
Proton Pump Inhibitor
Anticoagulant
Antipsychotic
Antidepressant
Geriatric Medicines Breakdown Data by Application
Cardiovascular
Arthritis
Neurological
Cancer
Osteoporosis
Respiratory
Report link:
https://www.marketintelligencedata.com/reports/1074903/global-geriatric-medicines-market-development-strategy-pre-and-post-covid-19-by-corporate-strategy-analysis-landscape-type-application-and-leading-20-countries?mode=ich_nikki
North America Dominates the Market
North America is expected to dominate the overall geriatric medicines market throughout the forecast period. The dominance is due to the growing prevalence of various chronic diseases like obesity and diabetes, the presence of a vast population of baby boomers during the forecast period in the United States necessitated efficient treatment. For instance, according to the International Diabetes Federation in 2019, about 48 million adults in North America are living with diabetes, among which more than half of the patients are over the age of 65 and are expected to continue in the future resulting in higher demand for the specific treatment for geriatric population driving the market in the region.
Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the Geriatric Medicines Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
The report offers an in-depth assessment of the growth and other aspects of the Geriatric Medicines Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.
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Table of Contents:
Global Geriatric Medicines Market Research Report 2022
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 - Manufacturing Cost Analysis
Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 - Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global Geriatric Medicines Market Forecast
Customization:
The Global Geriatric Medicines Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
About Us:
Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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