GLOBAL PREVENTIVE HEALTHCARE TECHNOLOGIES AND SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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The prevalence of chronic diseases has been rising at an alarming rate across the world. Chronic diseases such as cancer, diabetes, and heart disease are among the leading causes of mortality and morbidity globally. It is estimated that over 20 million new cancer cases were diagnosed and 10 million cancer deaths occurred in 2020 worldwide. Similarly, the number of people suffering from diabetes has risen from 108 million in 1980 to 422 million in 2014. Major risk factors driving the rise in chronic diseases include rapidly aging population, increasing prevalence of obesity and sedentary lifestyles, growing consumption of tobacco and alcohol. Developed countries as well as developing nations are experiencing higher incidence of non-communicable chronic conditions. This rising disease burden puts tremendous pressure on national healthcare systems and budgets. Preventive care helps reduce the occurrence of diseases and manages existing conditions in early stages before it progresses into more complex stages. Preventive healthcare technologies enable the early detection of risk factors, promotes healthy behaviors, and facilitates treatment adherence. For instance, mobile health apps can track vital signs, diet, physical activity, and notify high-risk individuals. Genetic testing aids in identifying inherited predispositions. Wearable devices such as smart watches monitor heart rate and arrhythmias that can detect potential cardiovascular problems. Thus, the growing prevalence of chronic diseases worldwide is a major driver for the demand of preventive healthcare technologies as it provides means for screening, diagnosis, and management of at-risk population.

• Healthlane
• Abbott 
• GSK plc
• Myriad Genetics
• Omron Healthcare Inc.
• Quest Diagnostics
• Pfizer, Inc.
• Merck & Co., Inc.
• Omnicell 
• Novx Systems, Corp.
• U-Systems, Ltd.
• Viatronix, Inc.
• Scripto LLC 
• Lifecom, Inc.
• Dilon Medical Technologies, Inc.
• McKesson Corporation