Preventive Healthcare: Market with Coronavirus Impact | Industry Business Outlook, Revenue, Trends and Forecasts 2025 | 3M India Amway India Enterprises Fitness First India HealthifyMe Wellness Practo Technologies Serum Institute of India Pvt Ltd

Preventive healthcare refers to the branch of medicine that helps in the early detection of diseases, thus allowing patients, access to prompt treatment. There are five stages of preventive healthcare – primal prevention, primordial prevention, primary prevention, secondary prevention and tertiary prevention.

Market insights:
In 2019, preventive healthcare accounted for ~11% of India’s overall healthcare expenditure. The preventive healthcare market in India was valued at INR 3.71 Tn in 2019 and is expected to reach INR 14.58 by 2025, expanding at a compound annual growth rate (CAGR) of ~27.30% during the 2020-2025 period.
The rise in prevalence of chronic and non-communicable ailments like hypertension, diabetes, arthritis, cancer and cardiovascular diseases, as well as the easy availability of advanced medical devices and services are driving the market to prosper. Moreover, the cost-effective nature of preventive healthcare has made it more adaptable for Indians. However, lack of awareness regarding preventive healthcare facilities among people and inadequate insurance coverage for preventive treatments are impeding market growth.

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This Free report sample includes:
A brief introduction to the Preventive Healthcare Market research report.
Graphical introduction of the regional analysis.
Top players in the Preventive Healthcare Market with their revenue analysis.
Selected illustrations of Preventive Healthcare Market insights and trends.
Example pages from the Preventive Healthcare Market report.

The Major Players in the Preventive Healthcare Market.

3M India Limited
Amway India Enterprises Private Limited
Fitness First India Private Limited
HealthifyMe Wellness Private Limited
Practo Technologies Private Limited
Serum Institute of India Private Limited
Svasth Life Private Limited
GOQii Technologies Private Limited
OMRON Healthcare India Private Limited
Xiaomi Technology India Private Limited

Segment Insights:
The preventive healthcare market in India is segmented into healthy consumption, fitness and wellness, infection prevention care, health monitoring, and wellbeing assurance segments. As of 2019, the preventive healthcare market was dominated by the healthy consumption segment, which accounted for ~26.55% of the total market revenue. The healthy consumption segment consists of nutraceuticals, healthy foods, organic skincare and other skincare products.
The wellbeing assurance market is anticipated to be the fastest growing, expanding at a CAGR of ~31.91% during the forecast period. The growth can be attributed to the increasing popularity of telehealth and telemedicine services, owing to the social distancing and self-isolation norms imposed to curb the spread of COVID-19. By 2025, fitness and wellness, infection prevention care, and health monitoring segments are expected to hold ~9.30%, ~16.15% and ~22.80% shares, respectively, in terms of market revenue.

COVID-19 impact analysis:
The outbreak of the novel Coronavirus, followed by a long-term global lockdown has had a severe impact on the overall preventive healthcare market in India. Market segments including health monitoring devices, healthy consumption products, digital healthcare services, telehealth services and telemedicine solutions are likely to benefit amid the crisis. The surge in demand for immunity-boosting consumption products and infection-prevention products, growing anxiety regarding hospital and outpatient visits, and initiatives undertaken by the Indian government to encourage preventive healthcare are likely to accelerate market growth. The fitness and wellness segment has witnessed a significant setback due to the risk of virus transmission from social gatherings, and the imposition of social distancing norms.

Some of the key factors contributing to the Preventive Healthcare market growth include:

Growing per capita disposable income
Favorable for youth Demographics
Technology advancement

In terms of COVID 19 impact, the Preventive Healthcare market report also includes following data points:

Impact on Preventive Healthcare market Size
End User Trend, Preferences and Budget Impact of Preventive Healthcare market
Regulatory Framework/Government Policies
Key Players Strategy to Tackle Negative Impact of Preventive Healthcare market
New Opportunity Window of Preventive Healthcare market

Key Question Answered in Preventive Healthcare Market Report.

What are the strengths and weaknesses of the Preventive Healthcare Market?
What are the different marketing and distribution channels?
What is the current CAGR of the Preventive Healthcare Market?
What are the Preventive Healthcare market opportunities in front of the market?
What are the highest competitors in Preventive Healthcare market?
What are the key outcomes of SWOT and Porter’s five techniques?
What is the Preventive Healthcare market size and growth rate in the forecast period?

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Major Points from Table of Contents:
There are 13 Chapters to thoroughly display the Preventive Healthcare market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications, and regions.
Chapter 1: Preventive Healthcare Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
Chapter 2: Preventive Healthcare Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels, and Major Downstream Buyers.
Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Preventive Healthcare.
Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Preventive Healthcare.
Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Preventive Healthcare by Regions.
Chapter 6: Preventive Healthcare Production, Consumption, Export, and Import by Regions.
Chapter 7: Preventive Healthcare Market Status and SWOT Analysis by Regions.
Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Preventive Healthcare.
Chapter 9: Preventive Healthcare Market Analysis and Forecast by Type and Application.
Chapter 10: Preventive Healthcare Market Analysis and Forecast by Regions.
Chapter 11: Preventive Healthcare Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.
Chapter 12: Preventive Healthcare Market Conclusion of the Whole Report.
Chapter 13: Appendix Such as Methodology and Data Resources of Preventive Healthcare Market Research.
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Note - In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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