The
global Preventive Healthcare Technologies And Services Market size
is expected to reach USD 432.4 billion by 2024, according to a new report by
Grand View Research, Inc. Key factors driving the market expansion include the
growing awareness about preventive measures, which enhance the quality of life,
lifespan, and minimize the possible healthcare spending.
The
growth of this market is attributed to the adoption of advanced technology and
development of preventive measures, including vaccines, screening &
monitoring devices, and smart devices to reduce medical errors. Growth of the
market is also fueled by the factors such as reducing birth rate that is
resulting in increase of geriatric population, which is more prone to the
chronic diseases.
With
the introduction of Human Development Index (HDI) ratings since 2010, all
countries are engaged in the overall development of their country and citizens.
Life expectancy has a significant impact on HDI calculations. Governments of
the countries have been focusing on improving life expectancy of the people by
implementing various programs, including free or affordable vaccination,
smoking cessation, and affordable insurance schemes. These programs cause a
direct positive impact on the preventable technologies and services space.
A
large share of preventive healthcare includes early detection and screening
technology. This segment pertains to personalized diagnostic techniques, which
has captured the largest share owing to accuracy and availability of the
innovative techniques for diagnosis.
Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/preventive-healthcare-technologies-and-services-market
http://www.grandviewresearch.com/industry-analysis/preventive-healthcare-technologies-and-services-market
Further Key Findings from the Study Suggest:
- According to
data published by the WHO, the percentage of the total vaccinations in the
U.S. has been growing. The vaccinations included those funded by the
government as well as the private purchases.
- In 2015, the
early detection and screening technologies’ segment captured the largest
share. The advantages associated with personalized medicine technologies,
such as high accuracy and detection of the possible disease or disorder at
an early stage, are mainly attributed to the largest share of the segment.
- With the
introduction of advanced technology and growing demand for accurate
screening methods, the growth of the early detection and screening is
expected to be the fastest during the forecast period.
- North
American region dominated this space by capturing over the 48.0% of the
global market in 2015. This region is anticipated to dominate the
preventive healthcare technologies and services market throughout the
forecast period. Some of the factors having a significant impact on the
regional market growth are government initiatives, high per capita income,
and the presence of a large number of major players in the region.
- Growing
economies and government initiatives are expected to drive the growth of
the Asia Pacific region. The segment is expected to witness a lucrative
CAGR over 15% during the forecast period.
- Some major
players in the consolidated market are McKesson Corporation; Scripto LLC;
Omnicell, Inc.; Healthways, Inc.; Alere; Medtronic; GlaxoSmithKline plc;
Pfizer, Inc.; and Merck & Co, Inc.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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