Market Overview:
The global physical examination market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing prevalence of lifestyle diseases, rising geriatric population, and growing demand for preventive healthcare services. Based on type, the global physical examination market is segmented into routine physical examination, comprehensive physical examination, and others. The comprehensive physical examination segment is expected to grow at a higher CAGR during the forecast period owing to its ability to detect early signs and symptoms of various diseases. Based on application, the global physical examination market is segmented into enterprise and individuals. The enterprise segment dominates the overall market due to rising awareness about preventive health among corporates and employees working in them.
Product Definition:
A physical examination is a medical examination of the body, typically performed by a doctor. It is used to screen for, diagnose, and monitor medical problems. The importance of physical examination lies in the fact that it can help identify health issues before they become serious.
Routine Physical Examination:
Routine physical examination (RPE) is a set of procedures performed to detect and evaluate health problems in routine clinical practice. It includes inspection, testing, and diagnosis of common acute diseases like bronchitis or pneumonia. RPE helps healthcare professionals to identify the disease at its initial stage so that appropriate treatment can be given immediately.
Comprehensive Physical Examination:
A comprehensive physical examination (CPE) is a set of procedures that are conducted to examine all body parts. It includes skin exam, complete blood count, electrolytes, liver panel tests like aspartate transaminase and alanine aminotransferase levels along with kidney function test such as creatinine level. A CPE helps in determining the health status of an individual and hence forms the basis for making a diagnosis or prescribing any treatment plan.
Application Insights:
The enterprise application segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The primary factors contributing to its large share include a high prevalence of chronic diseases among employees, which require periodic monitoring, and an increasing number of companies adopting digital tools for physical examination. For instance, as per a study published in 2019 by Aetna Inc., nearly 70% of large organizations have adopted some form of EHRs while around 60% are using them extensively. These trends are expected to drive demand over the forecast period.
The individual application segment is projected register notable growth during the forecast period owing to growing awareness about personal health among consumers coupled with rising adoption rate physical examination procedures across various regions globally including North America, Europe, Asia Pacific and Middle East & Africa.
Regional Analysis:
North America dominated the global market in 2017. The growing geriatric population and high adoption of preventive healthcare are some of the major factors contributing to its growth. According to a study published by National Center for Health Statistics, in 2015 around 29% of adults (ages 25-44) and 40% of adults (ages 45-64) had received a physical examination within the past year. Moreover, an increasing number of chronic diseases that require regular monitoring are also driving demand for GPEs in this region. For instance, as per American Heart Association 2014 cardiovascular disease accounts for approximately 729,000 deaths every year in U.S.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising awareness about various health issues among individuals aged 35 years.
Growth Factors:
- Increasing incidence of lifestyle diseases such as obesity, diabetes, and heart disease is driving the demand for physical examination services.
- Rising awareness about the importance of early diagnosis and preventive care is also propelling the growth of the market.
- Growing number of diagnostic centers and hospitals is providing impetus to the market growth.
- Technological advancements in physical examination equipment are resulting in improved accuracy and efficiency of services offered thereby boosting demand for these services. 5) The increasing geriatric population who are more susceptible to various health conditions is also fueling demand for physical examination services
Scope Of The Report
Report Attributes
Report Details
Report Title
Physical Examination Market Research Report
By Type
Routine Physical Examination, Comprehensive Physical Examination, Others
By Application
Enterprise, Individuals
By Companies
Kaiser Permanente, Bupa, Health 100, IKang Group, Japanese Red Cross, Rich Healthcare, Mayo Clinic, Nuffield Health, Cleveland Clinic, Cooper Aerobics, Samsung Total Healthcare Center, Milord Health Group, Seoul National University Hospital, PL Tokyo Health Care Center, Sun Medical Center, Mediway Medical, St. Luke’s International Hospital
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Physical Examination Market Report Segments:
The global Physical Examination market is segmented on the basis of:
Types
Routine Physical Examination, Comprehensive Physical Examination, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Enterprise, Individuals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kaiser Permanente
- Bupa
- Health 100
- IKang Group
- Japanese Red Cross
- Rich Healthcare
- Mayo Clinic
- Nuffield Health
- Cleveland Clinic
- Cooper Aerobics
- Samsung Total Healthcare Center
- Milord Health Group
- Seoul National University Hospital
- PL Tokyo Health Care Center
- Sun Medical Center
- Mediway Medical
- St. Luke’s International Hospital
Highlights of The Physical Examination Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Routine Physical Examination
- Comprehensive Physical Examination
- Others
- By Application:
- Enterprise
- Individuals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Physical Examination Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A physical examination is a medical procedure in which a doctor checks the health of a person by examining their body. This may include looking for signs of illness, checking the size and shape of organs, and measuring blood pressure, heart rate, and other vital signs.
Some of the major companies in the physical examination market are Kaiser Permanente, Bupa, Health 100, IKang Group, Japanese Red Cross, Rich Healthcare, Mayo Clinic, Nuffield Health, Cleveland Clinic, Cooper Aerobics, Samsung Total Healthcare Center, Milord Health Group, Seoul National University Hospital, PL Tokyo Health Care Center, Sun Medical Center, Mediway Medical, St. Luke’s International Hospital.
The physical examination market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Physical Examination Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Physical Examination Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Physical Examination Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Physical Examination Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Physical Examination Market Size & Forecast, 2020-2028
4.5.1 Physical Examination Market Size and Y-o-Y Growth
4.5.2 Physical Examination Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Routine Physical Examination
5.2.2 Comprehensive Physical Examination
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Enterprise
6.2.2 Individuals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Physical Examination Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Physical Examination Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Routine Physical Examination
9.6.2 Comprehensive Physical Examination
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Enterprise
9.10.2 Individuals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Routine Physical Examination
10.6.2 Comprehensive Physical Examination
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Enterprise
10.10.2 Individuals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Routine Physical Examination
11.6.2 Comprehensive Physical Examination
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Enterprise
11.10.2 Individuals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Routine Physical Examination
12.6.2 Comprehensive Physical Examination
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Enterprise
12.10.2 Individuals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Routine Physical Examination
13.6.2 Comprehensive Physical Examination
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Enterprise
13.10.2 Individuals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Physical Examination Market: Competitive Dashboard
14.2 Global Physical Examination Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kaiser Permanente
14.3.2 Bupa
14.3.3 Health 100
14.3.4 IKang Group
14.3.5 Japanese Red Cross
14.3.6 Rich Healthcare
14.3.7 Mayo Clinic
14.3.8 Nuffield Health
14.3.9 Cleveland Clinic
14.3.10 Cooper Aerobics
14.3.11 Samsung Total Healthcare Center
14.3.12 Milord Health Group
14.3.13 Seoul National University Hospital
14.3.14 PL Tokyo Health Care Center
14.3.15 Sun Medical Center
14.3.16 Mediway Medical
14.3.17 St. Luke’s International Hospital
