Press release
Soaring Demand for Preventive Measures in Healthcare: Global Market Expected to Reach $344.39 Billion by 2025
Preventive Healthcare Technologies And Services Market Size
What Is The Projected Market Size Of The Global Preventive Healthcare Technologies And Services Market And Its Growth Rate?
• The preventive healthcare technologies and services market size is expanding rapidly. It will soar from $296.48 billion in 2024 to $344.39 billion in 2025, growing at a CAGR of 16.2%.
• The growth in the coming years will largely be due to digital health platforms, incentive programs, and health promotion campaigns amongst other factors.
• Market size is set to reach $617.77 billion in 2029, marking a CAGR of 15.7%.
What Is Driving The Growth In The Preventive Healthcare Technologies And Services Market?
The aging population significantly contributes to the demand for preventive healthcare technologies and services. Elderly individuals are more prone to health issues thus early detection can help in decreasing the risk and severity of medical problems. The United Nations projects that the population aged above 65 years will reach approximately 1.5 billion by 2050. This rapidly growing older population is anticipated to directly impact the preventive healthcare technologies and services market.
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Who Are the Key Players Driving Preventive Healthcare Technologies And Services Market Growth?
The industry is dominated by key players such as:
• McKesson Corporation
• Walgreens Boots Alliance Inc.
• Pfizer Inc.
• Merck & Co Inc.
• GlaxoSmithKline plc
• Medtronic plc
• TELUS Health Inc.
• Quest Diagnostics Incorporated
• Cerner Corporation
• Teladoc Health Inc.
What Are The Key Trends In The Preventive Healthcare Technologies And Services Market?
Trends influencing the market growth 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
What Are The Segments Of The Global Preventive Healthcare Technologies And Services Market?
The preventive healthcare technologies and services market includes the following segments:
• By Type: Early Detection and Screening Technologies, Vaccines, Chronic Disease Management Technologies, Advanced Technologies to Reduce Errors
• By Application: Hospitals, Clinics
Which Region Leads The Preventive Healthcare Technologies And Services Market?
North America represented the largest region in the preventive healthcare technologies and services market in 2024. However, Europe is projected to be the fastest-growing region during the forecast period. The report also covers other regions including Asia-Pacific, South America, Middle East, and Africa.
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What Is Covered In The Preventive Healthcare Technologies And Services Global Market Report?
• Market Size Analysis: Analyze the Preventive Healthcare Technologies And Services Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Preventive Healthcare Technologies And Services Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Preventive Healthcare Technologies And Services Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Preventive Healthcare Technologies And Services Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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