Market Overview:
The global preventive healthcare technologies and services market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of chronic diseases, rising awareness about preventive healthcare, and technological advancements in the field of preventive healthcare. The global preventive healthcare technologies and services market can be segmented on the basis of type into early detection & screening, vaccines, chronic disease management, and advanced technologies to reduce errors. The early detection & screening segment is expected to account for the largest share of the global market in 2018 owing to increasing awareness about early diagnosis and treatment options for various diseases. The vaccines segment is projected to grow at a high CAGR during the forecast period due to rising demand for preventative vaccinations against various infectious diseases.
Product Definition:
Preventive healthcare technologies and services are those that are used to maintain and improve the health of individuals. They can include anything from screenings for disease to programs that promote healthy lifestyles. The importance of preventive healthcare is twofold. First, it helps keep people healthy and reduces the need for expensive treatment later on. Second, it can help reduce the overall cost of healthcare by preventing diseases from occurring in the first place.
Early Detection & Screening:
Early detection and screening is a growing market with high growth potential. The factors that propel the growth of this market include rising prevalence of cancer, increasing demand for early diagnosis & screening services by consumers as well as healthcare professionals, technological advancements in medical imaging and diagnostics such as MRI and CT scan which help detect diseases at an early stage.
Vaccines:
Vaccines are biological agents used to stimulate the body's immune system to act against a specific disease-causing agent. The diseases for which vaccines are designed include measles, mumps, rubella (German measles), chickenpox, polio, tetanus, and diphtheria among others.
Application Insights:
The others application segment accounted for the largest revenue share in 2016 and is anticipated to witness a significant growth rate over the forecast period. This can be attributed to an increase in demand for wellness checkups, physical activity management, smoking cessation programs and other health promotion initiatives. The preventive healthcare technologies are being used across various applications by different organizations at different levels with varied objectives.
Hospitals were estimated as the largest segment owing to their ability to offer advanced technology along with infrastructure that meets high standards of quality care delivery systems worldwide. Hospitals have been increasingly adopting these technologically advanced practices due to government regulations that mandate its use in hospitals or similar facilities (Korean Health Insurance Association). Advanced Technologies To Reduce Errors (ATRE) is one such example where computer assisted detection has helped reduce medical errors during testing procedures at hospitals or clinics (CDC).
Regional Analysis:
Europe dominated the global preventive healthcare technologies and services market in 2017. This can be attributed to the presence of a large number of players, high investment in R&D, and well-established reimbursement framework. The region is expected to maintain its position throughout the forecast period owing to continuous innovations coupled with technological advancements.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing demand for cost-effective & efficient healthcare solutions that reduce treatment time frames along with curbing medical errors & adverse events associated with treatments/procedures performed at hospitals as well as outpatient settings. Moreover, rising awareness regarding chronic diseases management programs among individuals will drive regional growth during the estimated time span from 2018 to 2030 (See Graph 1).
The Asia Pacific preventative healthcare technologies.
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. According to a study by the World Health Organization (WHO), non-communicable diseases such as heart disease, stroke, cancer, and diabetes account for more than 60% of all deaths worldwide. This presents a huge opportunity for preventive healthcare technologies and services market as they can help in early diagnosis and treatment of these conditions.
- Rising awareness about preventive healthcare: There has been a significant increase in awareness about preventive healthcare in recent years among both consumers and providers alike. This is mainly due to the growing number of studies that have highlighted the benefits of preventive care over reactive care. As a result, there has been an increase in demand for preventive health services such as screenings, check-ups, etc., which is benefiting the market growth significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Preventive Healthcare Technologies And Services Market Research Report
By Type
Early Detection & Screening, Vaccines, Chronic Disease Management, Advanced Technologies To Reduce Errors
By Application
Hospitals, Clinics, Others
By Companies
Myriad Genetics, Inc., Quest Diagnostics, Inc, Medtronic, Abbott, Merck & Co., Inc., GlaxoSmithKline plc, Omnicell, Inc., McKesson Corporation
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Preventive Healthcare Technologies And Services Market Report Segments:
The global Preventive Healthcare Technologies And Services market is segmented on the basis of:
Types
Early Detection & Screening, Vaccines, Chronic Disease Management, Advanced Technologies To Reduce Errors
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
Hospitals, Clinics, Others
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:
- Myriad Genetics, Inc.
- Quest Diagnostics, Inc
- Medtronic
- Abbott
- Merck & Co., Inc.
- GlaxoSmithKline plc
- Omnicell, Inc.
- McKesson Corporation
Highlights of The Preventive Healthcare Technologies And Services 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:
- Early Detection & Screening
- Vaccines
- Chronic Disease Management
- Advanced Technologies To Reduce Errors
- By Application:
- Hospitals
- Clinics
- Others
- 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 Preventive Healthcare Technologies And Services 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.
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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?
Preventive healthcare technologies and services are those that help to prevent or delay the onset of diseases. They may include screenings for cancer, cholesterol tests, and blood pressure checks; vaccinations; and treatments for infections such as pneumonia.
Some of the key players operating in the preventive healthcare technologies and services market are Myriad Genetics, Inc., Quest Diagnostics, Inc, Medtronic, Abbott, Merck & Co., Inc., GlaxoSmithKline plc, Omnicell, Inc., McKesson Corporation.
The preventive healthcare technologies and services market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Preventive Healthcare Technologies And Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Preventive Healthcare Technologies And Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Preventive Healthcare Technologies And Services Market - Supply Chain
4.5. Global Preventive Healthcare Technologies And Services Market Forecast
4.5.1. Preventive Healthcare Technologies And Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Preventive Healthcare Technologies And Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Preventive Healthcare Technologies And Services Market Absolute $ Opportunity
5. Global Preventive Healthcare Technologies And Services Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Type
5.3.1. Early Detection & Screening
5.3.2. Vaccines
5.3.3. Chronic Disease Management
5.3.4. Advanced Technologies To Reduce Errors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Preventive Healthcare Technologies And Services Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Preventive Healthcare Technologies And Services Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Preventive Healthcare Technologies And Services Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Preventive Healthcare Technologies And Services Demand Share Forecast, 2019-2026
9. North America Preventive Healthcare Technologies And Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Type
9.7.1. Early Detection & Screening
9.7.2. Vaccines
9.7.3. Chronic Disease Management
9.7.4. Advanced Technologies To Reduce Errors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Preventive Healthcare Technologies And Services Demand Share Forecast, 2019-2026
10. Latin America Preventive Healthcare Technologies And Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Type
10.7.1. Early Detection & Screening
10.7.2. Vaccines
10.7.3. Chronic Disease Management
10.7.4. Advanced Technologies To Reduce Errors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Preventive Healthcare Technologies And Services Demand Share Forecast, 2019-2026
11. Europe Preventive Healthcare Technologies And Services Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Type
11.7.1. Early Detection & Screening
11.7.2. Vaccines
11.7.3. Chronic Disease Management
11.7.4. Advanced Technologies To Reduce Errors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Preventive Healthcare Technologies And Services Demand Share, 2019-2026
12. Asia Pacific Preventive Healthcare Technologies And Services Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Type
12.7.1. Early Detection & Screening
12.7.2. Vaccines
12.7.3. Chronic Disease Management
12.7.4. Advanced Technologies To Reduce Errors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Preventive Healthcare Technologies And Services Demand Share, 2019-2026
13. Middle East & Africa Preventive Healthcare Technologies And Services Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Preventive Healthcare Technologies And Services Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Preventive Healthcare Technologies And Services Market Size and Volume Forecast by Type
13.7.1. Early Detection & Screening
13.7.2. Vaccines
13.7.3. Chronic Disease Management
13.7.4. Advanced Technologies To Reduce Errors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Preventive Healthcare Technologies And Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Preventive Healthcare Technologies And Services Market: Market Share Analysis
14.2. Preventive Healthcare Technologies And Services Distributors and Customers
14.3. Preventive Healthcare Technologies And Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Myriad Genetics, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Quest Diagnostics, Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Abbott
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Merck & Co., Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GlaxoSmithKline plc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Omnicell, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. McKesson Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook