The preventive healthcare technologies and services market is projected to surge ahead at an astronomical CAGR of 13% from 2021 to 2028. In 2020, revenue from preventive healthcare technologies and services was US$ 217.1 Mn, which is anticipated to reach US$ 557.5 Mn by the end of 2028.
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Key Segments Covered in Preventive Healthcare Technologies and Services Industry Research
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Preventive Healthcare Technologies and Services Market by Early Detection & Screening Technologies:
- Personalized Medicines
- Automated Screening
- Other Advanced Screening Tests
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Preventive Healthcare Technologies and Services Market by Prophylaxis Technologies:
- Flu Vaccines
- Meningococcal Vaccines
- Combined Tetanus-Diphtheria-Pertussis Vaccines
- Human Papillomavirus Vaccines
- Other New Vaccines
-
Preventive Healthcare Technologies and Services Market by Advanced Technologies to Reduce Errors:
- Electronic Prescribing
- Computerized Provider Order Entry Systems
- Clinical Decision Support Systems
- Automated Prescription, Formulation, and Dispensing
- Smart Infusion Pumps
- Smart Packaging
-
Preventive Healthcare Technologies and Services Market by Chronic Disease Management Technologies:
- Blood Pressure Monitors
- Glucose Monitors
- Cardiac Monitors
- Asthma Monitors
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Preventive Healthcare Technologies and Services Market by Region:
- North America Preventive Healthcare Technologies and Services Market
- Latin America Preventive Healthcare Technologies and Services Market
- Europe Preventive Healthcare Technologies and Services Market
- East Asia Preventive Healthcare Technologies and Services Market
- South Asia & Oceania Preventive Healthcare Technologies and Services Market
- MEA Preventive Healthcare Technologies and Services Market
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Competitive Landscape
Key preventive healthcare technology and service providers are focusing on increasing awareness regarding preventive medicine and are launching new initiatives to boost the same.
- In April 2022, the AIG Hospital based in Hyderabad, India, announced the launch of new wellness centers that are solely aimed at revolutionizing preventive healthcare in India by increasing awareness about personalized and preventive medicines.
Market Performance During COVID-19
In 2020, the world was plagued with coronavirus infections which led to a global pandemic. The COVID-19 pandemic resulted in lockdowns across multiple nations that were put in place to curb the spread of coronavirus infections along with social distancing norms. Healthcare institutions across the world adopted digital healthcare technologies to improve functionality and lessen the increasing burden of coronavirus patients in these facilities.
The pandemic boosted demand for preventive healthcare technologies and services and the market is expected to see a bright growth outlook in the post-pandemic era. Increasing awareness of preventive healthcare and its importance will be major factors driving growth in the post-pandemic era through 2028.
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“Rising Use of Vaccines Driving Demand for Prophylaxis Technologies”
Prophylactic measures have gained massive popularity in recent years and this trend is expected to be prominent over the forecast period as well. These measures enable the formulation of vaccines that facilitate the development of antibodies that help combat diseases.
Increased use of vaccines for diseases such as Ebola, Hepatitis C, COVID, and AIDS is also expected to bolster the growth of the prophylaxis technologies segment over the forecast period.
For More Insight- https://www.factmr.com/article/124/latest-trends-in-the-healthcare-industry-how-has-it-transformed-businesses
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