Preventive Healthcare Technologies and Services Market Worth US$ 493.1 billion - UnivDatos Industry Analysis- by Size, Share, Growth, Trends, and Forecast 2021-2027
Research report presented by UnivDatos, Emphasis on
Type [Early Detection and Screening Technologies (Personalized Medicine, Other
Screening Technologies), Chronic Disease Management Technologies (Blood
Pressure Monitors, Asthma Monitors, Cardiovascular Monitors, Glucose Monitors),
Vaccines (Infectious Diseases, Allergy, Cancer, Other Vaccines), Advanced
Technologies to Reduce Errors (Electronic Prescribing, Clinical Decision
Support Systems, Smart Infusion Pumps, Computerized Provider Order Entry
Systems, Smart Packaging and Automated Prescription Formulation and Dispensing)
and Geographical analysis (key regions and countries).
As per the research report, Global Preventive Healthcare Technologies
and Services Market is expected to reach the
market valuation of US$ 493.1 billion by 2027 expanding at a reasonable CAGR of
10.47% during the forecast period (2021-2027) from US$ 214.1 billion in 2019. Digital
preventive healthcare is the application of digital health technology in the
reduction of illness incidence, eradication, avoidance, or mitigating the
harmful effects of the disease, and finally death prevention. Access to
healthcare is a crucial factor contributing to the growth of the preventive
healthcare market. Furthermore, the increasing number of patients with
cardiovascular, asthma, respiratory, and other infectious illnesses disorders,
as well as the ageing population, are some of the factors influencing the
demand growth for preventive healthcare technology and services.
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Patients
with chronic and life-related diseases have risen as a result of changes in
lifestyle brought about by a hectic and active schedule. Furthermore, one of
the leading causes of the prevalence of communicable and non-communicable
diseases is the change in dietary habits and increasing preference for
processed and packaged foods, particularly among millenniums, combined with the
offers of organic food by players around the world. As a result, there is a
growing need for preventive healthcare technology and facilities. According to
a report, the global market for ready meals is expected to grow by about 20.5
percent between 2017 and 22.
Furthermore,
as technology advances, the healthcare industry around the world is undergoing
a transition. The healthcare sector is benefiting from the introduction of
emerging technology such as AI, Big data, and machine learning, as well as
increased knowledge about prevention steps such as screening and tracking
systems, vaccinations, and smart devices to eliminate medical errors due to the
increasing geriatric population that are more vulnerable to chronic disease. According
to a United Nations survey, there were 703 million people aged 65 and over in
the world in 2019. In 2050, the number of elderly people is expected to rise to
1.5 billion.”
For a detailed analysis of the applications in the Preventive Healthcare Technologies and Services Market browse
through – https://univdatos.com/report/global-preventive-healthcare-technologies-and-services-market-current-analysis-and-forecast-2020-2027
Insights Presented in the Report
“Amongst type, Early Detection and Screening Technologies segment holds
the major share”
Early
Detection and Screening Technologies, Vaccines, Chronic Disease Management
Technologies, and Advanced Technologies to Reduce Errors are the different
types of technologies in the industry. Early Detection and Screening Technologies led the
industry in 2019 with a share of 43.84 percent, and this domination is
projected to continue over the forecast era, owing to rising customer demand
for preventive healthcare interventions as a result of increased concern about
preventive health and wellness.
“Amongst Early Detection and Screening Technologies Market type,
Personalized Medicine is expected to dominate the market during the analyzed
period”
The
market is divided into Personalized Medicine and Other Screening Technologies
based on the kind of Early Detection and Screening Technologies used. Personalized
Medicine took the majority of the preventive healthcare market share in 2019,
accounting for 56.25 percent of total sales. When the need for prescription
protection and effectiveness grows, so does the demand for personalised
medication. Furthermore, during the forecast period of 2021-2027, Other
Screening Technologies is projected to develop at a CAGR of more than 10%.
“North America represents one of the largest markets of Preventive
Healthcare Technologies and Services market”
A
systematic research was performed for various regions around the globe, including
North America (the United States, Canada, and the Rest of North America),
Europe (Germany, France, Italy, United Kingdom, Spain and Rest of Europe), Asia-Pacific
(China, Japan, India, and the Rest of APAC), and the Rest of the World, to gain
a greater understanding of the market dynamics of preventive healthcare.
Because of rising
healthcare IT spending in countries such as the United States and Canada, North
America led the industry in 2019, generating sales of US$ 92 billion. Furthermore,
the region's dominance is due to the participation of well-established players
as well as technologically advanced goods and services.
Customization Options:
The Preventive Healthcare Market can further
be customized as per the requirement or any other market segment. Besides this,
UMI understands that you may have your own business needs, hence feel free to
connect with us to get a report that completely suits your requirements.
Table of Contents
1 Market
Introduction
2 Research
Methodology or Assumption
3 Industry
Performance
4 Executive
Summary
5 Market
Overview
6 Legal &
Regulatory Framework
7 Demand and
Supply Side Analysis
8 Value Chain
Analysis
9 Market
Insights by Type
10 Market
Insights by Region
11 Competitive
Scenario
12 Top Company
Profiles - Alere, GlaxoSmithKline,
McKesson Corporation, Medtronic, Merck & Co., Myriad Genetics, Omron
Healthcare, Quest Diagnostics
Labels: Preventive Healthcare Market, Preventive Healthcare Market growth, Preventive Healthcare Market share, Preventive Healthcare Market size, Preventive Healthcare Market trends
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