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Geriatric Medicines Market

Geriatric Medicines Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032
Frequently asked questions about this report

The geriatric medicines market size is expected to reach US$ 1,660 billion by 2032.

The geriatric medicines market is expected grow at a CAGR of 6.9% from 2023 to 2032.

The geriatric medicines market size was estimated to be US$ 850 billion in 2022.

The susceptibility to diseases increases due to reduced immune response. Specialized medicines are prescribed to deal with the abnormalities and disorders for the elderly population. This has fueled the demand for geriatric medicine during last decade and is anticipated to bolster the growth of the global geriatric medicine market during the forecast period.

The major active players are Abbott Laboratories, AstraZeneca, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Eli Lilly and Company, GlaxoSmithKline plc, Merck & Co., Inc., Novartis AG, Pfizer, Inc., and Sanofi S.A.

North America contributed the largest share to the global geriatric medicines market.

Based on medicine type, the Geriatric Medicines market is segmented into analgesic, antihypertensive, statins, antidiabetic, proton pump inhibitors (PPI), anticoagulant, antipsychotic, and others.