Cancer Cachexia Market size is expected to cross USD 4.5 Billion by the end of 2036, growing at a CAGR of 4.5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of cancer cachexia was over USD 2.6 Billion. Over the course of the projection period, which runs from 2024 to 2036, the growing geriatric population is anticipated to support market expansion. The percentage of the population that is 60 years of age or older is rising. There were one billion individuals sixty years of age or older in the world in 2019. By 2030, there will be 1.4 billion, and by 2050, there will be 2.1 billion. Elderly people's weakened immune systems make them more prone to diseases, which is predicted to accelerate the market's growth pace.
In addition to these, the market for cancer cachexia will also grow as a result of increased awareness-raising campaigns by public and private institutions. The market for cancer cachexia will also grow as a result of developments in the treatment of cancer cachexia and sedentary lifestyles.
Author Credits: Radhika Gupta, Shivam Bhutani
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