Geriatric Medicines Market Size, Share, and Trends 2024 to 2034

The global geriatric medicines market size is calculated at USD 181.72 billion in 2025 and is forecasted to reach around USD 348.40 billion by 2034, accelerating at a CAGR of 7.50% from 2025 to 2034. The North America geriatric medicines market size surpassed USD 65.93 billion in 2024 and is expanding at a CAGR of 7.63% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1690
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Geriatric Medicines Market 

5.1. COVID-19 Landscape: Geriatric Medicines Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Geriatric Medicines Market, By Therapeutics

8.1. Geriatric Medicines Market, by Therapeutics Type

8.1.1. Analgesic

8.1.1.1. Market Revenue and Forecast

8.1.2. Antihypertensive

8.1.2.1. Market Revenue and Forecast

8.1.3. Statins

8.1.3.1. Market Revenue and Forecast

8.1.4. Antidiabetic

8.1.4.1. Market Revenue and Forecast

8.1.5. PPI

8.1.5.1. Market Revenue and Forecast

8.1.6. Anticoagulant

8.1.6.1. Market Revenue and Forecast

8.1.7. Antipsychotic

8.1.7.1. Market Revenue and Forecast

8.1.8. Others

8.1.8.1. Market Revenue and Forecast

Chapter 9. Global Geriatric Medicines Market, By Condition

9.1. Geriatric Medicines Market, by Condition

9.1.1. Cardiovascular

9.1.1.1. Market Revenue and Forecast

9.1.2. Arthritis

9.1.2.1. Market Revenue and Forecast

9.1.3. Neurological

9.1.3.1. Market Revenue and Forecast

9.1.4. Respiratory

9.1.4.1. Market Revenue and Forecast

9.1.5. Osteoporosis

9.1.5.1. Market Revenue and Forecast

9.1.6. Cancer

9.1.6.1. Market Revenue and Forecast

9.1.7. Others

9.1.7.1. Market Revenue and Forecast

Chapter 10. Global Geriatric Medicines Market, By Distribution Channels

10.1. Geriatric Medicines Market, by Distribution Channels Type

10.1.1. Hospital Pharmacies

10.1.1.1. Market Revenue and Forecast

10.1.2. Online Pharmacies

10.1.2.1. Market Revenue and Forecast

10.1.3. Retail Pharmacies

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Geriatric Medicines Market, By Route of Administration

11.1. Geriatric Medicines Market, by Route of Administration Type

11.1.1. Oral

11.1.1.1. Market Revenue and Forecast

11.1.2. Parenteral

11.1.2.1. Market Revenue and Forecast

11.1.3. Others

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Geriatric Medicines Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Therapeutics

12.1.2. Market Revenue and Forecast, by Condition

12.1.3. Market Revenue and Forecast, by Distribution Channels Type

12.1.4. Market Revenue and Forecast, by Route of Administration Type

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Therapeutics

12.1.5.2. Market Revenue and Forecast, by Condition

12.1.5.3. Market Revenue and Forecast, by Distribution Channels Type

12.1.5.4. Market Revenue and Forecast, by Route of Administration Type

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Therapeutics

12.1.6.2. Market Revenue and Forecast, by Condition

12.1.6.3. Market Revenue and Forecast, by Distribution Channels Type

12.1.6.4. Market Revenue and Forecast, by Route of Administration Type

12.2. Europe

12.2.1. Market Revenue and Forecast, by Therapeutics

12.2.2. Market Revenue and Forecast, by Condition

12.2.3. Market Revenue and Forecast, by Distribution Channels Type

12.2.4. Market Revenue and Forecast, by Route of Administration Type

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Therapeutics

12.2.5.2. Market Revenue and Forecast, by Condition

12.2.5.3. Market Revenue and Forecast, by Distribution Channels Type

12.2.5.4. Market Revenue and Forecast, by Route of Administration Type

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Therapeutics

12.2.6.2. Market Revenue and Forecast, by Condition

12.2.6.3. Market Revenue and Forecast, by Distribution Channels Type

12.2.6.4. Market Revenue and Forecast, by Route of Administration Type

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Therapeutics

12.2.7.2. Market Revenue and Forecast, by Condition

12.2.7.3. Market Revenue and Forecast, by Distribution Channels Type

12.2.7.4. Market Revenue and Forecast, by Route of Administration Type

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Therapeutics

12.2.8.2. Market Revenue and Forecast, by Condition

12.2.8.3. Market Revenue and Forecast, by Distribution Channels Type

12.2.8.4. Market Revenue and Forecast, by Route of Administration Type

12.3. APAC

12.3.1. Market Revenue and Forecast, by Therapeutics

12.3.2. Market Revenue and Forecast, by Condition

12.3.3. Market Revenue and Forecast, by Distribution Channels Type

12.3.4. Market Revenue and Forecast, by Route of Administration Type

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Therapeutics

12.3.5.2. Market Revenue and Forecast, by Condition

12.3.5.3. Market Revenue and Forecast, by Distribution Channels Type

12.3.5.4. Market Revenue and Forecast, by Route of Administration Type

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Therapeutics

12.3.6.2. Market Revenue and Forecast, by Condition

12.3.6.3. Market Revenue and Forecast, by Distribution Channels Type

12.3.6.4. Market Revenue and Forecast, by Route of Administration Type

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Therapeutics

12.3.7.2. Market Revenue and Forecast, by Condition

12.3.7.3. Market Revenue and Forecast, by Distribution Channels Type

12.3.7.4. Market Revenue and Forecast, by Route of Administration Type

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Therapeutics

12.3.8.2. Market Revenue and Forecast, by Condition

12.3.8.3. Market Revenue and Forecast, by Distribution Channels Type

12.3.8.4. Market Revenue and Forecast, by Route of Administration Type

12.4. MEA

12.4.1. Market Revenue and Forecast, by Therapeutics

12.4.2. Market Revenue and Forecast, by Condition

12.4.3. Market Revenue and Forecast, by Distribution Channels Type

12.4.4. Market Revenue and Forecast, by Route of Administration Type

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Therapeutics

12.4.5.2. Market Revenue and Forecast, by Condition

12.4.5.3. Market Revenue and Forecast, by Distribution Channels Type

12.4.5.4. Market Revenue and Forecast, by Route of Administration Type

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Therapeutics

12.4.6.2. Market Revenue and Forecast, by Condition

12.4.6.3. Market Revenue and Forecast, by Distribution Channels Type

12.4.6.4. Market Revenue and Forecast, by Route of Administration Type

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Therapeutics

12.4.7.2. Market Revenue and Forecast, by Condition

12.4.7.3. Market Revenue and Forecast, by Distribution Channels Type

12.4.7.4. Market Revenue and Forecast, by Route of Administration Type

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Therapeutics

12.4.8.2. Market Revenue and Forecast, by Condition

12.4.8.3. Market Revenue and Forecast, by Distribution Channels Type

12.4.8.4. Market Revenue and Forecast, by Route of Administration Type

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Therapeutics

12.5.2. Market Revenue and Forecast, by Condition

12.5.3. Market Revenue and Forecast, by Distribution Channels Type

12.5.4. Market Revenue and Forecast, by Route of Administration Type

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Therapeutics

12.5.5.2. Market Revenue and Forecast, by Condition

12.5.5.3. Market Revenue and Forecast, by Distribution Channels Type

12.5.5.4. Market Revenue and Forecast, by Route of Administration Type

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Therapeutics

12.5.6.2. Market Revenue and Forecast, by Condition

12.5.6.3. Market Revenue and Forecast, by Distribution Channels Type

12.5.6.4. Market Revenue and Forecast, by Route of Administration Type

Chapter 13. Company Profiles

13.1. GlaxoSmithKline PLC

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Novartis AG

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Pfizer Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Sanofi S.A.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Bristol-Myers Squibb Company

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Boehringer Ingelheim GmbH

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Merck & Company Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Abbott Laboratories Inc.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Eli Lilly & Company

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. AstraZeneca PLC

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The geriatric medicines market size was reached at USD 169.04 billion in 2024 and is anticipated to rake around USD 348.40 billion by 2034.

The geriatric medicines market is expected to grow at a CAGR of 7.50% over the forecast period 2025 to 2034.

The major players operating in the geriatric medicines market are GlaxoSmithKline PLC, Novartis AG, Pfizer Inc., Sanofi S.A., Bristol-Myers Squibb Company, Boehringer Ingelheim GmbH, Merck & Company Inc., Abbott Laboratories Inc., Eli Lilly & Company, and AstraZeneca PLC.

One of the key factors driving the growth of global geriatric medicines market is the growing population of geriatrics all around the world. Another factor propelling the expansion of global geriatric medicines market is growing prevalence of stroke among geriatric population.

North America region will lead the global geriatric medicines market over the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client