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Health Check-up Market Size

Report ID: GMI7467
Published Date: Nov 2023
Report Format: PDF

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Health Check-up Market Size

Health Check-Up Market size was valued at around USD 49.2 billion in 2022 and is estimated to register at 6.9% CAGR between 2023 and 2032. Government initiatives and healthcare policies, corporate wellness programs, aging population, technological advancements and rising incidence of chronic diseases are some of the key factors propelling the market. The prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer is on the rise globally.

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For instance, as per the World Cancer Research Fund International's statistics, there were approximately 18.1 million cancer cases globally in 2020. Regular health check-ups help in the early detection of these conditions, enabling timely management and reducing the overall burden of chronic diseases.

Health Check-up Market Report Attributes
Report Attribute	Details
Base Year:	2022
Health Check-up Market Size in 2022:	USD 49.2 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	6.9%
2032 Value Projection:	USD 97.2 Billion
Historical Data for:	2018 to 2022
No. of Pages:	170
Tables, Charts & Figures:	351
Segments covered:	Type, Test Type, Sample Type, Panel Type, Service Provider, and Region
Growth Drivers:	Rising investments from government bodies to establish population medical screening initiatives Increasing prevalence of chronic diseases Rise in geriatric population Increasing adoption of digital technology/telemedicine & home-care services
Pitfalls & Challenges:	High cost associated with screening Lack of awareness and proper infrastructure in under-developed regions

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Additionally, governments in various countries are implementing health policies that encourage preventive healthcare. This includes subsidizing or providing incentives for regular health check-ups to reduce the economic burden associated with treating advanced-stage diseases. Further, many companies are investing in employee wellness programs that include regular health check-ups. These programs aim to enhance employee health, reduce absenteeism, and improve overall productivity.

A health check-up, also known as medical check-up or health examination, is a comprehensive medical assessment of an individual's overall health status. It is typically conducted by a healthcare professional, such as physician, nurse, or other qualified medical personnel. The purpose of a health check-up is to evaluate various aspects of a person's health, detect any potential health issues, and provide preventive care.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Health check-up industry size reached USD 49.2 billion in revenue in 2022 and is set to be worth USD 97.2 billion by 2032 owing to the ongoing government initiatives and healthcare policies coupled with rising incidence of chronic diseases.

General health check-up industry generated USD 18.7 billion in revenue in 2022 and is anticipated to witness high demand through 2032 driven by the expanding geriatric population base and the rising risks of developing certain health conditions.

North America health check-up market size reached USD 18 billion in revenue in 2022 and is set to expand at a robust growth rate through 2032 owing to the increasing aging population along with the widespread availability of health insurance coverage in the region.

Some of the top health check-up companies are Quest Diagnostics Incorporated, Eurofins Scientific, GRAIL, Exact Sciences Corporation, Quidel Corporation, UNILABS, Innova Medical Group, Sonic Healthcare Limited, Cerba Healthcare, and Trinity Biotech, among others.