Global Geriatric Medicines Market Report 2020: Growth, Trends and Forecast to 2025 - ResearchAndMarkets.com
Akari Therapeutics Plc - American Depositary Shares (AKTX)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)--The "Geriatric Medicines Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.The geriatric medicines market studied was anticipated to grow with a CAGR of nearly 6.5% during the forecast period.The major factor attributing to the growth of the market is a steep rise in the elderly population across the geographical locations, mainly in developed and emerging economies.Also, rising prevalence of chronic disorders such as cancers, diabetes, and rheumatoid arthritis among the geriatrics attributes for the growth of the market. For instance, according to the United Nations data of World Population Prospects for the year 2019, number of people over the age 65 increases from 9% in 2019 to more than 16% of the total world's population by 2050. Also, the number of persons aged 80 years or over is projected to triple, from 143 million in 2019 to 426 million in 2050.Thus, the rise in the volume of patient poo
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