PUBLISHER: TechSci Research | PRODUCT CODE: 1069641
PUBLISHER: TechSci Research | PRODUCT CODE: 1069641
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The global senolytic drugs market is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the rising demands for anti-aging therapeutics and pharmaceuticals. Advances in pharmaceutical drugs and the increasing need for healthy lifespan are accelerating the growth of the global senolytic drugs market. Senescence is a condition or process where cell ages and permanently stop dividing but does not die. In some time, these cells can start accumulating and form a tumor or the development of cancer. The biological process can also result in weaker eyesight, skin wrinkling, lesser hearing capacity, etc. Senolytic drugs are designed to target the senescent cells and destroy them with their effects. Increasing demand for anti-aging drugs and pharmaceutical products to increase the lifespan of human beings are expected to drive the growth of the senolytic drugs market. According to the U.N. Economic and Social Affairs statistics, the number of people aged 65 years and above is expected to grow by 120% and reach around 1.5 billion by 2050. Thus, the increasing geriatric population across the globe is anticipated to propel the growth of the global senolytic drugs market. Moreover, the rising incidences of age-related disorders like cataracts, glaucoma, neurodegenerative diseases, cardiovascular diseases, pulmonary infections, etc., and sedentary lifestyle among the global population are driving the growth of the global senolytic drugs market. The emergence of advanced technologies, from gene therapy to stem cells, and ongoing research activities for innovation in pharmaceutical drugs are anticipated to fuel the growth of the global senolytic drugs market. Accelerating demand for improving and optimizing personalized and preventive care is further driving the growth of the global senolytic drugs market.
The global senolytic drugs market segmentation is based on type, application, distribution channel, regional distribution, and competitive landscape. Based on application, the global senolytic drugs market is divided into longevity, senescence inhibition, cardiovascular diseases, neural degenerative diseases, and others. The longevity segment is expected to dominate the market in the coming years because of the rapidly increasing geriatric population and rising demand for pharmaceutical products aiding the healthy lifespan of humans.
Major players operating in the global senolytic drugs market are AgeX Therapeutics, Inc., Cleara Biotech, Eternans Ltd., FoxBio Inc., Numeric Biotech, T.A. Sciences, Inc., Recursion Pharmaceuticals, Inc, etc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
Report Scope:
In this report, global senolytic drugs market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
FOXO4-related peptides
bcl-2 Family Inhibitors
Src Tyrosine Kinase Inhibitors
Navitoclax
Dasatinib & Quercetin
Others
Longevity
Senescence Inhibition
Cardiovascular Diseases
Neural Degenerative Diseases
Others
Retail Pharmacies
Hospital Pharmacies
Online Pharmacies
North America
Europe
Asia-Pacific
Middle East & Africa
South America
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was not able to include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global senolytic drugs market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global senolytic drugs market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information