Press release
New Geriatric Care Medicines Making Life Better for Elderly – Key Driving Factor for Global Geriatric Medicines Market
Data from the healthcare industry states that the global geriatric medicines market is set for rapid expansion at a 7.30% CAGR from 2015 to 2023. These estimates have recently been published by Transparency Market Research (TMR), in a study.
Request a PDF Brochure with Report Analysis: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2445
TMR answers the following questions related to the global geriatric medicines market:
Q. What is spurring the demand for healthcare medicines among the elderly?
A. The number of people aged 60 years or more is expected to double between 2013 and 2050, says the United Nations in the 2013 edition of its report on world population aging. This has prompted geriatric care specialists to make an effort to introduce new medicines for the elderly by delving deep into the prevalent health issues of the elderly before offering any treatment.
The advancements in medical devices, the availability of skilled geriatric care professionals, and improved home healthcare services have also helped leading players to offer improved geriatric medicines and services. Doctors in geriatric care clinics are focusing on the preventive, clinical, social, and remedial aspects of various illnesses in older people. The advancements in the research and development activities for new drug discovery are also expected to boost the global geriatric medicines market in the near future.
For instance, geriatric care clinics in Singapore are pooling medicine supplies together to support the aging population in the country. Through a program called, ‘The Primary Care Network,’ doctors are operating various clinics to supply the required medicines to the elderly as per their medical condition. Due to this, more and more elderly people have easier access to geriatric medicines and healthcare services from professionals. Further, the increasing government support and funding is helping geriatric care specialists to introduce new medicines and treatments for the elderly.
Q. What medicines and services are being offered by geriatric care specialists across the globe?
A. Older people are more prone to diseases such as cancers, lung problems, diabetes, asthma, arthritis, Parkinson’s disease, stroke, osteoporosis, and dementia. The entry of new geriatric care specialists has widened the scope of geriatric care services in the recent past. Leading players such as Abbott Laboratories, Inc., Boehringer Ingelheim GmbH, Eli Lilly and Company, Merck & Company Inc., Pfizer, Inc., AstraZeneca plc, and Bristol-Myers Squibb Company are concentrating on introducing new geriatric medicines in the global market.
Q. What could drive the global geriatric medicines market in the near future?
A. The increasing aging population is the most important factor expected to drive the global geriatric medicines market in the years to come. As elderly people are more prone to chronic diseases, the rise in various chronic diseases is expected to benefit the global geriatric medicines market in the near future. The rising government funding and support for formulating and discovering new drugs is expected to result in the launch of new geriatric medicines in the coming few years.
Browse Research Report: http://www.transparencymarketresearch.com/geriatric-medicine-market.html
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact Us
Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release New Geriatric Care Medicines Making Life Better for Elderly – Key Driving Factor for Global Geriatric Medicines Market here
News-ID: 409282 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Care
Scalable Care Senior Care Marketing Experts
Quality marketing is crucial in the world of senior care, and that's where Scalable Care comes in. As an agency who have team members from within longterm care and assisted living marketing departments, they've been able to standout as an agency with experience and credible backgrounds. How? Using data-led tactics, they have boosted their clients' online visibility and grown engagement with their target audience.
They proudly say their style of marketing…
Care Right There Home Care Continues Prioritizing New Jersey Elderly Care
Care Right There Home Care, a top NJ senior care provider, offers personalized, compassionate care to enrich the lives of the elderly. With a focus on individual needs and meaningful relationships, they provide daily assistance and complex healthcare services to improve seniors' quality of life across New Jersey. Google it at https://carerightthere.com for more information.
New Jersey - Care Right There Home Care, a distinguished provider of senior care services, is…
Transforming Home Care with Care and Beyond Home Care
Montgomery Village, MD - Care and Beyond Home Care is revolutionizing the landscape of home healthcare services, setting a new standard of excellence that goes above and beyond the ordinary. With a steadfast commitment to providing professional and compassionate care, Care and Beyond Home Care has emerged as a beacon of support for families across Montgomery County, Prince Georges County, Howard County, and Frederick County.
In an era where personalized attention…
Ayurvedic Market by Product (Healthcare, Personal Care, Skin Care, Hair Care, Or …
According to a new report published by Allied Market Research, titled, "Ayurvedic Market: Global Opportunity Analysis and Industry Forecast, 2022-2029" Ayurveda is a system of medicine that has its origination roots in the Indian subcontinent. It uses natural healing practices to cure clinical conditions such as sinusitis, cough, depression, and insomnia. Ayurveda therapies have been integrated in general wellness and in some cases in medical use worldwide. In addition, ayurvedic…
Home Care Market Exceptional Business Performance | Polishes, Surface Care, Toil …
Report Ocean released a report that presents a detailed analysis of the Global Home Care Market, along with insights into key factors which drive the market.
The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market forecasts for Global Home…
Baby Care and Mother Care Market - Taking Care of a Newborn
Baby care and mother care products are meant for infants and mostly children under the age of four. These products are specifically formulated to be non-irritating and have mild use ingredients which are selected to make the products organic and natural. A number of key players now manufacture personal care products for mother and child that are designed specifically for use during pregnancy.
Obtain Report Details @ https://www.transparencymarketresearch.com/baby-care-and-mother-care-market.html
The global baby care…
