Regional Analysis
Global Occupational Health Market Regional Insights
- North America is expected to be the largest market for the global occupational health market during the forecast period, accounting for over 40% of the market share in 2023 The growth of the market in North America is attributed to the high incidence of chronic diseases, developed infrastructure, and stringent safety regulations. For instance, the number of people in the U.S. aged 50 years and older will increase by 61.11% from 137.2 million in 2020 to 221.1 million in 2050. Out of which, chronic disease is estimated to increase by 99.5% from 71.6 million in 2020 to 142.7 million by 2050.
- The Europe market is expected to be the second-largest market for the global occupational health market, accounting for over 25% of the market share in 2023. The growth is attributed to government mandates regarding workplace safety and the increasing embrace of corporate health responsibility by companies.
- The Asia Pacific market is expected to be the third- largest market for global occupational health market, with a CAGR of over 6% during the forecast period. The growth is attributed due to expanding manufacturing sector, rising incidence of accidents and influx of companies setting up Environment, Health & Safety (EH&S) policies in the region.
| Geographies covered: |
- North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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