Press release
Global Preventive Healthcare Technologies And Services Market Overview Covering Forecast Market Size And Growth Rate 2033 | McKesson Corporation, Walgreens Boots Alliance Inc., Pfizer Inc., Merck & Co Inc., GlaxoSmithKline plc, Medtronic plc
"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Preventive Healthcare Technologies And Services Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The preventive healthcare technologies and services market size has grown rapidly in recent years. It will grow from $259.84 billion in 2023 to $303.83 billion in 2024 at a compound annual growth rate (CAGR) of 16.9%. The growth in the historic period can be attributed to increasing health awareness, rising chronic disease burden, government initiatives and healthcare policies, shift towards value-based care, consumer empowerment and health literacy.
The preventive healthcare technologies and services market size is expected to see rapid growth in the next few years. It will grow to $541.36 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to digital health platforms and apps, incentive programs and health promotion campaigns, global health security concerns, rise in aging population, increased collaboration and data sharing. Major trends in the forecast period include population health management solutions, AI and machine learning applications, digital therapeutics and health apps, blockchain for health data security, collaboration with pharma and tech companies.
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Market Segmentation:
The preventive healthcare technologies and services market covered in this report is segmented -
1) By Type: Early Detection and Screening Technologies, Vaccines, Chronic Disease Management Technologies, Advanced Technologies to Reduce Errors
2) By Application: Hospitals, Clinics
Major Driver - Rising Aging Population Fuels Surge In Demand For Preventive Healthcare Technologies
An increase in the older population pool is increasing demand for the preventive healthcare technologies and services market. Medical problems are known to increase with age, due to this preventing or identifying problems at an early stage can decrease the risk and intensity of the issue. According to the United Nations survey, an intergovernmental organization, people aged above 65 years or above is projected to reach around 1.5 billion in 2050. This increase in the aged people population can also directly impact the preventive healthcare technologies market.
Competitive Landscape:
Major companies operating in the preventive healthcare technologies and services market report are McKesson Corporation, Walgreens Boots Alliance Inc., Pfizer Inc., Merck & Co Inc., GlaxoSmithKline plc, Medtronic plc, TELUS Health Inc., Quest Diagnostics Incorporated, Cerner Corporation, Modivcare Inc., Teladoc Health Inc., Alere Inc., Omnicell Inc., CitiusTech Inc., Change Healthcare Inc., Tivity Health Inc., Allscripts Healthcare Solutions Inc., Included Health Inc., Myriad Genetics Inc., Medely Inc., Strata Decision Technology Inc., Vocera Communications Inc., Healthways Inc., Viatronix Inc., Dilon Technologies Inc., Novx Systems Inc., U-Systems Inc., Scripto LLC, Omron Healthcare Inc., GRAIL Inc., Maven Clinic Inc., Novartis AG, Pearl Health Inc., Sanofi S.A.
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Top Trend - Revolutionizing Medication Management With Advancements In Fully Automated Compounding Robots
Major companies operating in the preventive healthcare technologies and services market are developing new products such as fully automated compounding robot to gain a competitive edge in the market. A fully automated compounding robot is a sophisticated robotic system designed for the precise and automated preparation of medications in a healthcare setting. For instance, in March 2022, Omnicell Inc. a US-based company which provides medication management and supply chain solutions for healthcare organizations launched innovative IVX Station robotic compounding technology. This is intended to improve supply chain management, patient safety, accuracy, and compliance. The IVX Station is a totally redesigned, fully automated IV compounding robot that solves throughput and reliability-related challenges for the industry. The IVX Station is as small as a 4-foot hood in terms of footprint. Its solid-core construction removes the need for frequent recalibration, which is the main source of downtime. The IV compounding robot service lowers costs while improving patient safety and accuracy using barcoding, image recognition, and auto-labeling.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Preventive Healthcare Technologies And Services Market Characteristics
3. Preventive Healthcare Technologies And Services Market Trends And Strategies
4. Preventive Healthcare Technologies And Services Market - Macro Economic Scenario
5. Preventive Healthcare Technologies And Services Market Size And Growth
…..
27. Preventive Healthcare Technologies And Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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