Can you improve arm strength?

I think once you’ve squeezed out all the accuracy and power gains from proper body mechanics, any further arm strength/speed improvement is unlikely at the next level. I was trying to find a reliable source for when a pitcher’s velocity peaks to use as a comparison, a few unreliable looking sources say that pitching speed starts dropping around age 26 by one MPH per year.
Unless you’re Justin Verlander, apparently.