Rising Geriatric Population to Boost the Global Anti-aging Drugs Market | Technavio

LONDON–(BUSINESS WIRE)–#AntiagingDrugs–The global
anti-aging drugs market
is expected to grow at a CAGR of more
than 8% from 2017-2021, according to a new market research report by
Technavio.


Global anti-aging drugs market segmentation by route of
administration and geography

Technavio’s report on the global anti-aging drugs market analyses
the business dimensions and presents a comprehensive breakdown in terms
of market segmentation by route of administration which injectible,
oral, and topical. As projected in 2016, over 58% of the market share
originated from injectibles.

Based on geography, the global
anti-aging drugs market
has been segmented into the Americas,
EMEA, and APAC. As of 2016, 49% of the market share came from the
Americas.

“The Americas held the largest share of the global anti-aging drugs
market in 2016, primarily due to huge investment in the healthcare
sector in the US. Huge investment in the pharmaceutical industry, the
presence of pharmaceutical giants in the region, and the rising
geriatric population are some of the factors accounting for the
dominance of the US in the region as well as globally,”
says Sapna
Jha, a lead analyst at Technavio for infectious
and rare diseases
research.

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Anti-aging drugs market: competitive vendor landscape

The global anti-aging drugs market consists of a large number of
players dealing in various segments such as injectable drugs, HRT,
topical pharmaceutical agents, etc. The market is dominated by
pharmaceutical giants such as Allergan, Galderma, Sanofi, and Merz
Pharma. Several other market players are emerging in the market with
their novel therapies. The development of drugs for the treatment of
growing spasticity disorders such as wrinkles will increase the
competition among vendors.

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Other topics covered in the report:

Market drivers:

  • Rising geriatric population
  • Rising demand for non-invasive treatment solutions in cosmetology

Market challenges:

  • Stringent government regulations
  • High cost of products

Market trends:

  • Technological advancements
  • Advent of novel drugs

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anti-aging drugs market report
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