Healthcare Services

The Preventive Healthcare Technologies And Services Market Share, Market Size, And Growth Rate 2022

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The preventive healthcare technologies and services market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 14%, as per The Business Research Company’s market report!

 

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The Preventive Healthcare Technologies And Services Market Size In 2022 And Forecast

The global preventive healthcare technologies and services market is expected to grow from $192.59 billion in 2021 to $219.76 billion in 2022 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The preventive healthcare technologies and services market is expected to grow to $381.92 billion in 2026 at a CAGR of 14.8%.

 

The preventive healthcare technologies and services market consists of sales of preventive healthcare technologies and services by entities (organizations, sole traders, and partnerships) that are used to take measures and identify future illnesses and treatment by the healthcare providers.

 

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An Increase In The Older Population Pool Is Driving The Growth Of The Preventive Healthcare Technologies And Services Market

According to the United Nations survey, an intergovernmental organization, there were around 703 million persons aged 65 years or over in the world in 2019, and it 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 And The Regional Analysis Of The Preventive Healthcare Technologies And Services Market

Major players in the preventive healthcare technologies and services market are Omnicell Inc., Merck & Co. Inc., McKesson Corporation, GlaxoSmithKline plc., Medtronic, Quest Diagnostics Inc., Alere, Myriad Genetics Inc., Omron Healthcare, Pfizer Inc., Sanofi, Healthway, Inc, Tivity Health, Dilon Technologies Inc., Novx Systems, Scripto LLC, Viatronix Inc., U-Systems Inc.

 

Additionally, as per TBRC’s research – North America was the largest region in the preventive healthcare technologies and services market in 2021 holding the largest market share and Europe is expected to be the fastest-growing region in the forecast period.

 

The Preventive Healthcare Technologies And Services Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the preventive healthcare technologies and services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the preventive healthcare technologies and services market.

 

Use Of Artificial Intelligence – A Key Trend In The Preventive Healthcare Technologies And Services Market

The use of artificial intelligence (AI) as a preventive healthcare technique is a rising trend in the preventive healthcare technologies and services market. Many medical conditions such as identifying type 1 diabetes, indications of Alzheimer’s, and predicting breast cancer, cardiovascular diseases can be identified using the advanced AI technologies.

 

Preventive Healthcare Technologies And Services Market Segmentation By The Business Research Company

1) By Type: Early Detection and Screening Technologies, Vaccines, Chronic Disease Management Technologies, Advanced Technologies to Reduce Errors

2) By Application: Hospitals, Clinics

 

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