According to FutureWise analysis, the market for Occupational Health is expected to grow with a CAGR of 4.8% over the forecast period 2024-2032, and reach a market value of US$ 149.6 billion by 2031.
Occupational health refers to the branch of public health that focuses on the well-being and safety of individuals in their workplaces. It involves the identification and control of risks to workers' health, as well as the promotion of a safe and healthy work environment. The goal of occupational health is to create a work environment that encourages the physical, mental, and social well-being of workers while also ensuring that work-related risks are minimized to the greatest extent possible. This not only benefits the employees but also contributes to the productivity and success of businesses and organizations. The critical aspects of occupational health include workplace hazard identification and management, workplace health promotion, health surveillance, safety management, etc.
The choice of delivery model depends on various factors, including the nature of the workforce, their geographic location, the type of services required, and available resources. Different delivery models for occupational health services have their own advantages and are suitable for different situations. For instance, onsite healthcare centers are facilities located within or near the workplace premises. Convenient for employees, reduces time off work, promotes preventive care, and immediate access to healthcare. Requires physical space and resources, staffing, and compliance with regulatory requirements. Moreover, offsite healthcare centers are facilities located off the company premises but may be dedicated to serving specific organizations or companies. It may offer specialized care, potentially more space/resources than onsite centers, and allows for a broader range of services.
FutureWise Market Research has published a report that provides an insightful analysis occupational health market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts occupational health market estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.