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Occupational Health Market 2023 - Size, Lucrative Segments And Industry Forecast To 2032
Occupational Health Market
The Business Research Company's Occupational Health Global Market Report 2023 identifies rising cases of diseases and disorders associated as the major driver for the Occupational Health market's growth in the forecast period. Work-related diseases refer to health conditions caused by or exacerbated by factors present in the work environment. Occupational health services help tackle such situations as they work to improve employees' health by promoting and maintaining the highest degree of mental, physical, and social well-being for individuals in all occupations.
The global occupational health market is expected to grow from $5.16 billion in 2022 to $5.4 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global occupational health is expected to reach $6.18 billion in 2027 at a CAGR of 3.4%.
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Major competitors in the Occupational Health market are Microsoft Corporation, Cigna European (UK) Services Ltd., Johnson & Johnson, Novartis AG, Amgen Inc., Maximus Inc., Concentra Health Services Inc.
A key trend in the Occupational Health market includes technological innovations. Major companies in the occupational health market are introducing technologically innovative products to sustain their position in the market. For instance, in May 2023, Telus Health, a Canada-based health technology solutions provider, launched Total Mental Health, an innovative solution for employees to monitor their mental health through assessments and counseling. Its employee benefits include immediate support, complete counseling services, personalized care journeys, and payment flexibility.
Read More On The Global Occupational Health Market Report Here:
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The Occupational Health market is segmented -
• By Type: Work Induced Stress, Asbestosis, Hearing Loss Due to Noise, Work-Related Backache, Disorders Caused Due to Chemicals and Vibrations, Other Types
• By Downstream Industry: Employers, Professionals
• By End User: Public Sector, Private Sector
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Occupational Health market.
The Business Research Company's "Global Occupational Health Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Occupational Health Market Include:
1. Executive Summary
2. Occupational Health Market Characteristics
3. Occupational Health Market Trends And Strategies
4. Occupational Health Market - Macro Economic Scenario
5.Global Occupational Health Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
………………………………………………………………………….
32. Global Occupational Health Market Competitive Benchmarking
33. Global Occupational Health Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Occupational Health Market
35. Occupational Health Market Future Outlook and Potential Analysis
36. Appendix
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