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Geriatric Medicines Market

Geriatric Medicines Sector Analysis, Projection in the coming years

  • February 2016
  • 86 pages
  • ID: 3999550
In this report:
In 2010 approximately ##-##% of the prescriptions were provided to people aged ## and above and one in three patients took at least ## drugs or more on a daily basis in United States.
According to the Eurostat the number of people aged ## tears and above is likely to be ## million by 2050 globally which is approximately ##%-##% increase in specific population group as compared to 2008 geriatric population.


Table of Contents

This study on the geriatrics medicines market studies the current and future prospects of the overall market. Geriatrics is a branch of medicines concerned with clinical, remedial, preventive, and social aspects of illness usually among people over 65 years of age. In response to the needs and demands of an aging population, demand for geriatric medicines has grown quickly in last few decades. The elderly patients across the world face an array of ill health conditions which include co-morbid complexities including falls, cerebral ageing, and syncope among others. According to the Eurostat the number of people aged 65 tears and above is likely to be 141 million by 2050 globally which is approximately 17%-30% increase in particular population group as compared to 2008 geriatric population. An article published by the Indian Express in June 2014 stated that people aged 60 years and above are likely to reach 323 million mark by 2050. In 2010 approximately 45 - 50.0 percent of the prescriptions were provided to people aged 60 and above and one in three patients took at least 5 drugs or more on a daily basis in United States. In last few decades, geriatric medicines have experienced substantial growth due to which it has now become a main part of the American medicines. National Institute on Aging aims to improve health and well-being of older Americans through research and identification of additional clinical interventions. In general geriatric medicines market can be split in three important sub classes' namely therapeutic category, condition, and territory.

This analysis offers detailed analysis of the overall geriatric medicines market. The stakeholders for this market report contain firms engaged in the industry research and development, manufacturing and commercialization of geriatric medicines, providers, and new sector entrants planning to invest in this sector. For providing a snapshot of this market to the stakeholders, executive summary section is included in this business report, which summarizes the market value, forecasts, and competition for distinct geriatric medicines in the main five regions.

This research study examines the industry for geriatric medicine market in terms of income. For the industry research, 2014 has been considered as the base year, while all forecasts have been provided from 2015 to 2023. The overall geriatric medicine market has been mostly divided based on condition (Cardiovascular, Arthritis, Neurological, Cancer, Osteoporosis, Respiratory and Others), therapeutic category (Analgesic, Antihypertensive, Statins, Antidiabetic, Proton Pump Inhibitor, Anticoagulant, Antipsychotic, antidepressant and others), and area (North America continent, Europe (EU), Asia Pacific (APAC), Latin America area, and Middle East (ME) & African continent).

The market overview section of this report examines market dynamics including drivers, market restraints, and alternatives that impact the geriatric medicines market in the current and future scenario. Moreover, the Analysis of market appeal and pipeline analysis has been included in market overview section in order to explain the intensity of competition in the sector. Challenging scenario among the key market players is analyzed through a heat map of main market players in the ambitious landscape section of the report. All these aspects will help the key market players to decide about the business strategies and plans to be incurred in future for strengthening their position in the overall market.

Main drivers that will positively uplift and boost the industry demand and increase for geriatric medicines market contain growing trend with respect to electric record among physicians which reduces the patient discomfort and helps practitioners having continuous patient monitoring. Apart from this innovations associated to multiple chronic disease treatment, rising collaboration of lay organization and NGOs with professional group will drive the geriatric medicines market in coming years. Some of the main restraints to this market contain lack of patient participation in clinical trials leading to development of vaccines or drugs that are not completely studied and safe.

This industry report also comprises recommendations section that will assist additional companies in establishing their presence and industry actors in expanding their market share in the geriatric medicines market. The market research closes with the company profile section which comprises company overview, financial review, product portfolio, strategic management, and recent evolutions for market actors. Some of the main players in geriatric medicines market contain Abbott Laboratories, Incorporated, AstraZeneca plc, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Eli Lilly and Organization, GlaxoSmithKline Plc., Merck & Company Inc., Novartis AG, Pfizer, Incorporated, Sanofi S.A

The overall geriatric medicines segment is split as follows:

Overall Geriatric Medicines Market, by Therapeutic Category

Overall Geriatric Medicines Market, by Condition

Overall Geriatric Medicines Market, by Geography

North America (NA)


Canada (CA)

Europe (EU)

Germany (DE)

France (FR)

Rest of europe (EU)


China (CN)

Japan (JP)

Rest of Asia Pacific (APAC)

Latin America

Brazil (BR)

Rest of LATAM

Middle East and Africa

South africa (SA)

Rest of middle east and African regions (MEA)

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