Key Trends Driving the Geriatric Medicine Market Growth
As global demographics shift toward an aging population, the geriatric medicine market is rapidly evolving to meet the complex healthcare needs of elderly individuals. Valued at USD 169.9 billion in 2024, this market is projected to reach a remarkable USD 304.7 billion by 2032, expanding at a CAGR of 7.58% during the forecast period of 2025–2032. The Aging Population: A Global Healthcare Imperative One of the key forces driving the growth of the geriatric medicine market is the escalating global aging population. By 2030, it’s estimated that 1 in 6 people globally will be aged 60 or above. As people live longer, managing age-related chronic conditions becomes a critical public health priority. Gain Access to Market Trends: Request Your Sample Report! https://www.snsinsider.com/sample-request/6959 Key Market Drivers Rise in Chronic Diseases: Conditions such as cardiovascular diseases , arthritis , diabetes , cancer , and neurological disorders are prevalent amon...