The global market for Gerontology was valued at US$1.5 Billion in 2024 and is projected to reach US$2.3 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Biological research in gerontology focuses on uncovering the cellular and molecular processes underlying aging, such as senescence, telomere shortening, and mitochondrial dysfunction. These insights are driving the development of anti-aging therapies and age-specific medical treatments. On the social front, gerontologists are addressing issues related to elder care, social isolation, and intergenerational dynamics. As this field continues to expand, gerontology is becoming a critical component of healthcare and policy-making aimed at creating age-inclusive societies.
Pharmaceutical companies are investing heavily in geriatric-focused drug development, targeting conditions that disproportionately affect the elderly. Additionally, rehabilitative and assistive technologies, such as mobility aids, smart home systems, and AI-powered caregiving robots, are transforming elder care by enhancing independence and safety. The integration of these technologies into gerontological practices is redefining the standard of care for older adults, making healthcare more accessible and effective.
In contrast, low- and middle-income countries are grappling with the dual challenges of rapid population aging and limited healthcare resources. Gerontologists in these regions are working to address disparities in access to care, promote community-based interventions, and advocate for policies that support elder well-being. Across the globe, the growing recognition of the economic and social contributions of older adults is fostering a more inclusive approach to aging, highlighting the need for sustainable gerontological solutions.
Technological advancements, such as AI-driven diagnostics, wearable health devices, and robotic caregivers, are enhancing the quality and efficiency of geriatric care, driving adoption across the market. Additionally, public awareness campaigns and education initiatives are promoting proactive health management among aging populations, further supporting market growth. As societies worldwide recognize the importance of gerontology in addressing the challenges of aging, the market is poised for sustained expansion, shaping a more inclusive and supportive environment for older adults.
Global Gerontology Market - Key Trends & Drivers Summarized
How Is Gerontology Shaping the Future of Aging Research?
Gerontology is rapidly evolving as a multidisciplinary field focused on understanding the biological, psychological, and social aspects of aging. With the global population aging at an unprecedented rate, the need for advanced gerontological research and solutions has never been greater. Researchers in this field are exploring the mechanisms of aging to identify interventions that can promote healthy aging and improve quality of life for older adults. This has led to significant advancements in areas such as age-related diseases, cognitive decline, and longevity science.Biological research in gerontology focuses on uncovering the cellular and molecular processes underlying aging, such as senescence, telomere shortening, and mitochondrial dysfunction. These insights are driving the development of anti-aging therapies and age-specific medical treatments. On the social front, gerontologists are addressing issues related to elder care, social isolation, and intergenerational dynamics. As this field continues to expand, gerontology is becoming a critical component of healthcare and policy-making aimed at creating age-inclusive societies.
Why Are Healthcare Innovations Driving Growth in Gerontology?
The increasing prevalence of age-related diseases, such as Alzheimer's, osteoporosis, and cardiovascular conditions, has spurred innovation in healthcare solutions tailored to older populations. Gerontology plays a pivotal role in guiding the development of these innovations by integrating scientific insights with practical healthcare applications. For instance, advancements in telemedicine and wearable health technologies are enabling real-time monitoring of older adults, improving early diagnosis and personalized care.Pharmaceutical companies are investing heavily in geriatric-focused drug development, targeting conditions that disproportionately affect the elderly. Additionally, rehabilitative and assistive technologies, such as mobility aids, smart home systems, and AI-powered caregiving robots, are transforming elder care by enhancing independence and safety. The integration of these technologies into gerontological practices is redefining the standard of care for older adults, making healthcare more accessible and effective.
How Are Socioeconomic Factors Impacting Gerontology?
Socioeconomic factors are significantly influencing the trajectory of gerontology, shaping both the demand for and access to gerontological services. In high-income countries, aging populations are driving investments in senior living facilities, geriatric healthcare, and retirement planning services. Governments and private organizations are prioritizing the development of age-friendly infrastructure and policies to accommodate the needs of older citizens.In contrast, low- and middle-income countries are grappling with the dual challenges of rapid population aging and limited healthcare resources. Gerontologists in these regions are working to address disparities in access to care, promote community-based interventions, and advocate for policies that support elder well-being. Across the globe, the growing recognition of the economic and social contributions of older adults is fostering a more inclusive approach to aging, highlighting the need for sustainable gerontological solutions.
What Factors Are Driving the Growth of the Gerontology Market?
The growth in the Gerontology market is driven by several factors, including the rising global aging population, increasing prevalence of age-related diseases, and advancements in healthcare technologies. The demand for geriatric care services and age-specific medical treatments has surged as life expectancy continues to rise. Governments and healthcare providers are investing in elder care infrastructure, including specialized hospitals, nursing homes, and assisted living facilities, to cater to the needs of older adults.Technological advancements, such as AI-driven diagnostics, wearable health devices, and robotic caregivers, are enhancing the quality and efficiency of geriatric care, driving adoption across the market. Additionally, public awareness campaigns and education initiatives are promoting proactive health management among aging populations, further supporting market growth. As societies worldwide recognize the importance of gerontology in addressing the challenges of aging, the market is poised for sustained expansion, shaping a more inclusive and supportive environment for older adults.
Scope of the Study
The report analyzes the Gerontology market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Type (Social Gerontology, Environmental Gerontology, Biogerontology); Application (Fitness & Wellness Services Application, Non-Profit Organizations Application, Business Communities Application, Hospitality Application, Travel Application, Healthcare Application).Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Social Gerontology segment, which is expected to reach US$1.0 Billion by 2030 with a CAGR of a 6.6%. The Environmental Gerontology segment is also set to grow at 8.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $398.8 Million in 2024, and China, forecasted to grow at an impressive 6.8% CAGR to reach $365.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as British Geriatrics Society, Centre of Ageing Better, HelpAge India Non Profit Organisation in India, Keele University, National Ageing Research Institute Limited. (NARI) and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Gerontology Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gerontology Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Gerontology Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 42 companies featured in this Gerontology market report include:
- British Geriatrics Society
- Centre of Ageing Better
- HelpAge India Non Profit Organisation in India
- Keele University
- National Ageing Research Institute Limited. (NARI)
- Simon Fraser University
- Stockholm County Elderly Center Foundation
- Tampere University of Applied Sciences
- University of Jyväskylä
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- British Geriatrics Society
- Centre of Ageing Better
- HelpAge India Non Profit Organisation in India
- Keele University
- National Ageing Research Institute Limited. (NARI)
- Simon Fraser University
- Stockholm County Elderly Center Foundation
- Tampere University of Applied Sciences
- University of Jyväskylä
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 148 |
Published | January 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 1.5 Billion |
Forecasted Market Value ( USD | $ 2.3 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |