The latest market report published by Credence Research, Inc. is “North America On-Site Preventive Care Market: Growth, Future Prospects, and Competitive Analysis, 2018 – 2030”. The North America On-Site Preventive Care Market generated revenue of around USD 23.2 billion in 2022 and is projected to grow a CAGR of over 7% during the forecast period from 2023 to 2030 to reach around USD 37.25 billion in 2030.
On-site preventive care is a service that offers treatment options to employees and representatives of a specific organization. Companies are using on-site preventive care to get better control over the current expenditures of their healthcare services. Employee health and illness prevention expertise are increasingly essential in the workplace. These services help employees reduce their risk of future illness by addressing present issues and screening for health disorders such as hypertension, anxiety, etc. Rising chronic illness prevalence, disease incidences, and increased public awareness of health issues are driving the growth of the North American on-site preventive care market. Workplace wellness programs have become one of North America’s most popular healthcare offerings. Employers who deploy on-site preventative care services report enhanced performance, ranging from higher improved productivity to cost savings and increased productivity. Such advantages of on-site preventative care contribute to market expansion. The elderly population at work, defined as individuals 65 and older, may drive significant expansion in North America’s on-site preventative care industry in the coming years. However, key challenges to market growth include restrictive reimbursement regulations, limited funding, and a need for more public awareness about the importance of preventive healthcare.
The North American on-site preventive care market is bifurcated into Service Type, Indication, and Management Model. The market is categorized into acute care, chronic disease management , wellness & coaching, nutrition management, diagnostic & screening, and others based on service type. Based on indication, the market is segmented into arthritis, blood pressure, diabetes, and others. Based on the management model, the market is divided into a hybrid management model, an in-house management model, and an outsourced management model.
North America On-Site Preventive Care Market major players analysis is an essential tool for businesses operating in the healthcare sector. The report provides comprehensive insights into the key players operating in the on-site preventive care market, including their financial performance, product portfolio, and business strategies. It covers both established players and new entrants to the market, enabling stakeholders to gain a thorough understanding of competition and opportunities within this dynamic industry.
The growth is due to several factors, including:
- Increasing healthcare costs: Healthcare costs in the United States have been rising steadily over the past few years, and many companies are turning to on-site preventive care programs as a way to help control these costs. By offering preventive care services on-site, companies can help their employees stay healthy and avoid more expensive medical treatments down the line.
- Growing awareness of the benefits of preventive care: There is a growing awareness among the general public about the benefits of preventive care. As people become more informed about the importance of maintaining good health through regular check-ups, screenings, and other preventive measures, the demand for on-site preventive care services is likely to increase.
- Advancements in technology: Advances in technology have made it easier and more cost-effective to provide on-site preventive care services. For example, mobile health clinics equipped with the latest diagnostic equipment can now be brought to worksites, making it easier for employees to access preventive care services.
- Government support: The US government has been actively promoting preventive care programs as a way to improve public health and reduce healthcare costs. This support has led to increased funding for on-site preventive care programs and other initiatives designed to improve access to preventive care services.
Why to Buy This Report-
- The report offers a quantitative and qualitative analysis of the North American on-site preventive care market by segments, drivers, current trends, restraints, challenges, opportunities, and market dynamics with the historical period from 2018–2021, base year–2022, and forecast period 2023–2030.
- The report provides insights into the competitive landscape, including how key players in the market are regionally and at the country levels.
- The report contains an extensive analysis of the North American on-site preventive care market segmentation by service type, indication, and management model, which can assist stakeholders in better understanding market dynamics and identifying potential growth opportunities.
- The report offers business insights into technological advancements, research and development activities, and product innovations in the North American on-site preventive care market.
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