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Occupational Medicine Market Projected to Witness a Double-Digit CAGR During 2017 – 2025

Occupational Medicine Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

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Occupational Medicine is a concept of providing medical assistance and other healthcare services to the workers or employees focused on prevention, assessment, treatment and resolution of health conditions caused by the workplace environment. Occupational medicine protects workers from diseases and injuries as the employers regularly provide services such as health check-up, diagnosis and monitoring etc. as per the regulatory policies. It reduces the burden of healthcare expenditure and increase productivity as the workers are provided proper training and assistance for both prevention and treatment of any disease or injury. The occupational medicine specialists are trained to evaluate the origin of injury and illness so that treatment could be earlier and better. These specialists also provide training and assistance through education programmes on workplace hazards and confirming workplace compliance with regulatory rules and safety norms.

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The key factor driving the growth of the global Occupational Medicine market is the rising awareness of working people about the impact of working environment and the disease and disorders associated with it along with mass awareness programs organized by either government or NGOs. Across the world, the governments are paying a significant attention towards the occupational health and have framed new policies or renewed the existing policies to raise the health level of all workers. However, instead of rising number employers providing these services, health insurance providers and expanded coverage of health services in the past decade the adoption rate is still sub-optimal for a number of different reasons, which is impeding the market growth. Some of employers do not follow the regulatory norms strictly and hence, they do not provide quality occupational medicine services to their employees, which impacts the market growth negatively.

Global Occupational Medicine market has been segmented on the basis of interventions, specialities, end user and region.

Based on interventions, the global Occupational Medicine market is segmented into:

  • Work Induced Stress
  • Asbestosis
  • Hearing loss due to noise
  • Work-related backache
  • Disorders caused due to chemicals and vibrations

Based on the specialities, the Occupational Medicine market is segmented into:

  • Aviation medicine
  • Disability evaluation medicine
  • Occupational dermatology
  • Radiation
  • Respiratory
  • Sports medicine
  • Travel medicine

Based on the end user, Occupational Medicine market is segmented into the following:

  • Employers
  • Professionals

Global Occupational Medicine market is highly fragmented due to presence of numerous players. The overall market is expected to grow in the future as governments have been focusing on reforming healthcare services. According to the statistics of the World Health Organization (WHO), approximately 100 million workers are deceased and 200,000 die annually in accidents while on work and 68-157 million new cases of occupational disease are ascribed to hazardous exposures or workloads. Occupational injuries and diseases can worse affect developing countries having 70% of the working population of the globe.

Geographically, Occupational Medicine market is segmented into regions viz. North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Developed countries such as North America and European countries have a well-established occupational medicine market due to the awareness of people. Rules and regulations in the developed regions imparting significant importance to the health of working population also promote the growth of the market. The market in Asian countries will witness rapid growth as the governments are paying attention to it and are focused on reforming overall healthcare services. African countries are lagging behind owing to poor healthcare infrastructure but it is expected to improve as the region is getting funding from all over the world for betterment of healthcare.

The key players in the global Occupational Medicine market include Occucare International, C-HCA, Inc, Concentra Operating Corporation, Proactive Occupational Medicine Inc., Workwell Occupational Medicine, Healthcare Success, LLC. Holzer Health System and U.S. HealthWorks Medical Group.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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