The Fact.MR new report on the market survey of Geriatric Medicines gives estimations of the Size of Geriatric Medicines Market and the overall Geriatric Medicines Market share of key regional segments During Forecast Period.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Geriatric Medicines, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
The latest market research report analyzes Geriatric Medicines Market demand by Different segments. Providing business leaders with insights On Geriatric Medicines And how they can increase their market share.
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Key Segments Covered
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Therapeutic Category
- Analgesic Geriatric Medicines
- Anti-Hypertensive Geriatric Medicines
- Statin Geriatric Medicines
- Anti-Diabetic Geriatric Medicines
- Proton Pump Inhibitor Geriatric Medicines
- Anticoagulant Geriatric Medicines
- Anti-Psychotic Geriatric Medicines
- Anti-Depressant Geriatric Medicines
-
Condition
- Geriatric Medicines for Cardiovascular Ailments
- Geriatric Medicines for Arthritis
- Geriatric Medicines for Diabetes
- Geriatric Medicines for Neurological Disorders
- Geriatric Medicines for Cancer
- Geriatric Medicines for Osteoporosis
- Geriatric Medicines for Respiratory Disorders
- Geriatric Medicines for Other Conditions
-
Distribution Channel
- Geriatric Medicines Sales via Hospital Pharmacies
- Geriatric Medicines Sales via Retail Pharmacies
- Geriatric Medicines Sales via Online Pharmacies
We leverage space-age industrial and digitalization tools to provide avant-garde actionable Geriatric Medicines Market insights to our clients.
SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.
The Market insights of Geriatric Medicines will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Geriatric Medicines Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Geriatric Medicines market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Geriatric Medicines market .
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Key Takeaways of Global Geriatric Medicines Market Study:
- By therapeutics, analgesic drugs are projected to dominate the global geriatric medicines market, growing at a CAGR of 6.0% and capturing greater than two-fifth market share. Usage of painkillers such as Ibuprofen and Diclofenac to address chronic conditions such as arthritis are anticipated to drive the segment’s growth.
- The antihypertensive segment is anticipated to catch up, registering a CAGR of 6.5%. Increased prevalence of hypertension owing to changing lifestyles is a key growth determinant for this segment.
- By condition, the cardiovascular segment shall retain market hegemony over the forecast period. Projections indicate a market share exceeding two-fifths of the global geriatric medicines market. Increasing incidences of cardiac arrests and strokes among the geriatric population is anticipated to boost market prospects.
- By distribution channel, hospitals are anticipated to account for the maximum market share, capturing more than half of the global geriatric medicines market. Expanding base of hospitals and surge in the number of hospital visits for treatment of various chronic diseases are poised to steer growth.
- North America shall retain market leadership throughout the forecast period. The region is anticipated to expand at a CAGR of 5.9%, capturing nearly 2/5th of the global geriatric medicines market. Rising cases of diseases such as obesity, presence of key market players, emerging clinical studies and research projects are anticipated to boost the region’s growth.
Crucial insights in Geriatric Medicines market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Geriatric Medicines market.
- Basic overview of the Geriatric Medicines, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Geriatric Medicines across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
The Demand of Geriatric Medicines Market study includes the current market scenario on the global platform and also Sales of Geriatric Medicines Market development during the forecast period.
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Competitive Landscape
Prominent geriatric medicines manufacturers are emphasizing on a wide array of expansion strategies, comprising of acquisitions, new product launches and collaborations. Some prominent developments in the geriatric medicines industry as follows:
- In August 2021, Pfizer announced that it will acquire Trillium Therapeutics, a clinical stage immune oncology company. The acquisition will work towards improvising the treatments of cancer. According to Pfizer, the deal is likely to be worth US$ 2.26 billion.
- In October 2021, Merck & Co. Inc. published preliminary results of the clinical trials for its Molnupiravir anti-COVID-19 drug. As per the findings, patients administered with this anti-viral halved chances of hospitalization amongst patients exhibiting mild or moderate symptoms. Those administered with this drug showed 100% recovery
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List of the Leading Companies Profiled in the Geriatric Medicines Market are:
To provide decision-makers with credible insights on their competitive landscape, the Geriatric Medicines Market industry research report includes detailed competitive landscape analysis.
The competitive landscape analysis for Geriatric Medicines Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Geriatric Medicines manufacturers is provided so business leaders can understand the market scenario.
An assessment on the winning strategies of key Geriatric Medicines Market manufacturers is provided, with recommendation on what works well in Geriatric Medicines Market landscape.
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