The growth of the medical science has been an integral part of human evolution. The amount of progress mankind has made, was possible also because of the health care sector. Availability of effective drugs and treatments has helped people survive from the most dreadful ailments. The treatment of certain diseases which seemed impossible few years back is now easily possible courtesy of developed drugs and therapies result of the massive technological advancements. Another factor that contributes to the tremendous growth of the healthcare sector is the immense progress made by pharma sector. The anti-aging longevity market is also reaping benefits owing to the changing global economic landscape. This market is witnessing tremendous growth courtesy of surge in the number of aging population and also diseases associated with it. The current way of living, especially in metro cities is the reason why many people particularly youngsters are suffering from chronic diseases.
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The arrival of the dreadful COVID-19 pandemic proved game changer for the anti-aging longevity market. Unlike other markets, this market made rapid growth in the times of global adversity. In order to treat the highly infectious SARS-CoV-2 virus, medical experts across the globe sought new ways of treatment that were effective and had no side effects.
Many factors are driving the growth of the anti-aging longevity market. One of them is rise in prevalence of chronic diseases. Also growing demand for personalized, precise, preventive and participatory aging treatments also contribute to the growth of this market.
Meanwhile lack of skilled professionals and loss of tissue-repair capacity are likely to hinder the growth of this market. Though rising awareness about anti-aging longevity therapies is creating more people turn towards this field. On the other hand, the rise in the adoption of new sensory healing technology in hospitals and clinics will drive rampant growth of the anti-aging longevity market.
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Key Takeaways – Global Anti-Aging Longevity Market:
- In order to bring down the amount of costs related to treatment of chronic diseases, the world is rapidly adopting anti-aging longevity therapies and this would help the market grow over the longer run.
- The gene therapy segment has been generating maximum amount of revenue for the anti-aging longevity market as it is the most effective way of treating any disease from its root.
- The number of people suffering from dreadful disease like cancer is growing and the anti-aging longevity therapies are proving to be a boon for them.
- The region of Asia Pacific is forecasted to witness growth at the fastest rate for the Anti-Aging Longevity Market. Countries like China, India and Japan are seeing tremendous growth in the healthcare sector.
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A few of the key players operating in the global anti-aging longevity market are listed below:
- AgeX Therapeutics, Inc.
- Bristol-Myers Squibb Company
- Calico Life Sciences LLC
- Life Biosciences, Inc.
- Merck & Co., Inc.
- Oisin Biotechnologies
- Pfizer Inc.
- T.A. Sciences, Inc.
- Unity Biotechnology
- Other Market Participants
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Global Anti-Aging Longevity Market
By Clinical Phases
- Research & Pre-Clinical
- Phase I
- Phase II
- Phase III
By Therapy
- Senolytic Drug Therapy
- Gene Therapy
- Immunotherapy
- Stem Cell Therapy
- Others
By Indication
- Neurogenerative Diseases
- Ophthalmic Conditions
- Metabolic Diseases
- Oncology
- Tissue Homeostasis and Repair
- Cardio-vascular diseases
- Others
By End User
- Hospital and Clinics
- Academics and Research Institutions
- Others
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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