The United States on-site preventive care market is projected to grow at a 2.3% CAGR from 2024-2034, driven by clinic integration, acute care availability, and supportive regulations like the Affordable Care Act.
NEWARK, DE / ACCESSWIRE / July 22, 2024 / The global on-site preventive care market is estimated to be worth USD 26.21 billion in 2024 and is projected to be valued at USD 43.52 billion in 2034. From 2024 to 2034, the market is forecasted to rise at a 5.2% CAGR.
With increasing emphasis on employee wellness, employers are increasingly investing in the health and well-being of their workforce, driving the growth of the on-site preventive care market during the forecast period.
The on-site preventive care programs provide a proactive means of boosting productivity, lowering absenteeism, and increasing employee health. On-site preventive care helps in the early detection and treatment of health issues and can lower the need for costly medical procedures and hospital stays.
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Increasing emphasis on preventive healthcare as a means of improving health outcomes and reducing healthcare costs in the long term. Programs for on-site preventive care encourage early identification, risk assessment, and lifestyle adjustments in order to avert the development of chronic illnesses and preserve general health and wellbeing.
Technology advancements like wearables, telemedicine, and health monitoring apps are improving the provision of preventive care on-site. These tools increase the efficacy and efficiency of preventative care programs and also make remote consultations, real-time health tracking, and individualized interventions possible.
Key Takeaways from the Market Report:
From 2019 to 2023, the on-site preventive care market expanded at a CAGR of 5.9%.
Based on the service type, theacute care segment is expected to account for a market share of 45.6% in 2024.
The on-site preventive care demand in Germany is predicted to grow at a CAGR of 3.1% through 2034.
In the United States, the on-site preventive care industry is estimated to register a CAGR of 2.3% from 2024 to 2034.
The United Kingdom is projected to expand by a CAGR of 4.2% between 2024 and 2034.
The on-site preventive care market in Spain is anticipated to record a CAGR of 4.1% during 2034.
"Theincreasing emphasis on chronic disease management and growing advances in technology driving the onsite prevention care market,"opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).
On-site Preventive Care Market - Country-wise Insights
What Makes the U.S. the Largest Market for On-site preventive care?
The on-site preventive care market in the United States is expected to expand with a CAGR of 2.3% from 2024 to 2034, and is projected to continue experiencing high growth throughout the forecast period. The growth of this market is driven by the robust integration of on-site clinics in several established corporate programs, as well as the abundant presence of acute care clinics in the country.
Why Spain is considered a Lucrative Segment for On-site preventive care Market in Western Europe?
The on-site preventive care market in the United Kingdom is expected to expand with a CAGR of 4.1% from 2024 to 2034. The growth is associated with the significant coverage under the French health care system towards country's residents, as well as non-national citizens working under employee welfare programs.
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Competitive Landscape:
The market is highly competitive due to the presence of several leading companies. It is characterized by intense competition, rapid technological advancements, and a high degree of research and development activities aimed at developing innovative on site preventive care offering.
Healthcare Solutions Centers, LLC focusing on delivering innovative healthcare solutions tailored to the needs of employers and employees. It offers a wide range of on-site preventive care services.
Healthcare Solutions Centers, LLC, helps organizations optimize their healthcare benefits and improve employee health outcomes, from wellness coaching and disease management to vaccination programs and health screenings.
Key Companies Profiled:
Premise Health
National Association of Worksite Health Centers
OnSite Care Inc.
PrevMed
RepuCare
Healthcare Solutions Centers LLC
Cornerstone Health Care
Marino Wellness
Wellness Corporate Solutions
Kinema Fitness
TotalWellness Health
Key Market Segments Covered in On-site Preventive Care Market Research:
By Service Type:
Acute Care
Chronic Disease Management
Wellness and Coaching
Nutrition Management
Diagnostic and Screening
Others
By Management Model:
In-house Management Model
Hybrid Management Model
Outsourced Management Model
By Region:
North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa
Authored By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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