Longevity and Anti-senescence Therapies Market Report 2024: Industry Innovations and Growth Potential

"The Business Research Company recently released a comprehensive report on the Global Longevity And Anti-senescence Therapy Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The longevity and anti-senescence therapy market size has grown strongly in recent years. It will grow from $26.45 billion in 2023 to $28.13 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increasing life expectancy, rising awareness of preventive healthcare, breakthroughs in gene therapy, growth in regenerative medicine, and aging global populations.

The longevity and anti-senescence therapy market size is expected to see strong growth in the next few years. It will grow to $36.11 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to growing demand for personalized medicine, increasing investment in AI-powered health diagnostics, rising consumer interest in wellness and anti-aging products, the convergence of nanotechnology with regenerative therapies, and expanding applications of stem cell treatments. Major trends in the forecast period include the integration of gene editing and stem cell therapies, the expansion of wearable health tech for personalized care, the popularity of nutraceuticals for cellular health, advancements in nanomedicine for targeted anti-aging therapies, and the convergence of biotechnology with regenerative medicine.

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Market Drivers and Trends:

The increasing prevalence of cardiovascular diseases is expected to propel the growth of the longevity and anti-senescence therapy market going forward. Cardiovascular diseases are rising due to increasing rates of risk factors such as obesity, diabetes, sedentary lifestyles, and poor diet, combined with an aging population and chronic inflammation. Longevity and anti-senescence therapies aim to mitigate cardiovascular disease by targeting aging-related cellular damage and improving overall heart health. For instance, in August 2022, according to a report published by the American College of Cardiology, a US-based non-profit medical association, in the United States, it is projected that from 2025 to 2060, all four major cardiovascular risk factors will increase, with diabetes showing the largest rise at 39.3%, reaching 55 million individuals. This will be followed by significant increases in dyslipidemia (27.6% to 126 million), hypertension (25.1% to 162 million), and obesity (18.3% to 126 million). Therefore, the increasing prevalence of cardiovascular diseases is driving the growth of the longevity and anti-senescence therapy market.

Major companies operating in the longevity and antisenescence therapy markets are adopting strategic partnerships to advance anti-senescence products. Strategic partnerships are collaborative agreements between organizations that leverage each other's strengths and resources to achieve mutually beneficial goals and enhance competitive advantage. For instance, in July 2024, MDB Capital Holdings LLC, a US-based investment holding company, partnered with Mayo Clinic, a US-based nonprofit surgical and medical clinic, to enhance its anti-senescence platform. This partnership aims to develop therapies targeting cellular senescence, which is associated with aging and various diseases. The collaboration will leverage Mayo Clinic's expertise in clinical research and MDB Capital's innovative approach to drug development, focusing on improving patient outcomes in age-related conditions. This initiative highlights the growing interest in addressing the biological mechanisms of aging through advanced therapeutic strategies.

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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

AbbVie Inc., BioAge Labs, Unity Biotechnology, Insilico Medicine, Human Longevity Inc., Calico Life Sciences LLC, Recursion Pharmaceuticals, AgeX Therapeutics Inc., Alkahest Inc., CohBar Inc., Stealth Bio Therapeutics, Altos Labs, Navitor Pharmaceuticals Inc., Sierra Sciences LLC, T.A. Sciences Inc., Juvenescence AI Limited, MDB Capital Holdings LLC, Senex Biotechnology, Spotlight Bioscience, Prana Biotechnology Ltd.

Longevity And Anti-senescence Therapy Market 2024 Key Insights:

• The longevity and anti-senescence therapy market size is expected to see strong growth in the next few years. It will grow to $36.11 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.
• Rising Cardiovascular Disease Prevalence Drives Growth In Longevity And Anti-Senescence Therapy Market
• Strategic Partnerships Propel Advancements In Longevity And Anti-Senescence Therapy Market
• North America was the largest region in the longevity and anti-senescence therapy market in 2023

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