Key Trend Shaping the Preventive Healthcare Technologies and Services Market in 2025: Advancing Medication Management with Fully Automated Compounding Robots

The preventive healthcare technologies and services report describes and explains the preventive healthcare technologies and services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global preventive healthcare technologies and services market reached a value of nearly $296.47 billion in 2024, having grown at a compound annual growth rate (CAGR) of 10.12% since 2019. The market is expected to grow from $296.47 billion in 2024 to $617.76 billion in 2029 at a rate of 15.82%. The market is then expected to grow at a CAGR of 14.16% from 2029 and reach $1,197.61 billion in 2034.

What strategies are being adopted by key players in the preventive healthcare technologies and services market?

The key players in the market are adopting extensive strategies in the preventive healthcare technologies and services market such as:
• Expand globally with competitive pricing and strategic product launches.
• Drive innovation through acquisitions and advanced medical technology.
• Form partnerships to enhance blood collection and diagnostics.

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To take advantage of opportunities, The Business Research Company suggests that preventive healthcare technologies and services companies enhance offerings:
• AI-driven early disease detection.
• Growth of telemedicine and mHealth.
• Surge in wearable health monitors.
• Digital twin tech for personalized care.
• Rise in gut microbiome testing.
• Workplace health programs with biometrics.

What Is Preventive Healthcare Technologies And Services: Market Overview?
Preventive healthcare technologies and services encompass a range of medical practices and innovations aimed at averting the onset of diseases, detecting health conditions at an early stage and promoting overall well-being. This proactive approach to health emphasizes routine screenings, immunizations, counseling and the adoption of healthy lifestyle choices to reduce the risk of developing chronic illnesses and other health complications.
Advancements in technology have significantly enhanced the effectiveness of preventive healthcare. Innovations such as alternative medical testing options, remote patient monitoring and artificial intelligence (AI) have transformed the delivery of preventive care. For instance, AI-driven tools can analyze vast amounts of data to predict disease outbreaks or identify individuals at high risk for certain conditions, enabling timely interventions. Remote patient monitoring devices allow continuous tracking of vital signs, facilitating early detection of anomalies and reducing the need for frequent in-person visits.

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Who Are The Major Companies Operating In The Global Preventive Healthcare Technologies And Services Market?

The top ten competitors in the market made up to 4.23% of the total market in 2023. GlaxoSmithKline (GSK) was the largest competitor with a 0.99% share of the market, followed by:
• Abbott Laboratories.
• Medtronic plc.
• Becton Dickinson (BD).
• Merck & Co. Inc.
• Koninklijke Philips N.V.
• McKesson Corporation.
• Omnicell Inc.
• Sanofi SA.
• Omron Healthcare Inc.

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