global health check up market
Healthcare

Why Regular Health Check-Ups Market Are the Smartest Investment in Your Long-Term Wellness

According to a research report published by Spherical Insights & Consulting, the Global Health Check-Up Market Size is Expected to Grow from USD 49.72 Million in 2023 to USD 91.8 Billion by 2033, at a CAGR of 6.32% during the forecast period 2023-2033.

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A health check-up is an all-rounded assessment of the overall health status of an individual. This is usually done by a health professional. It consists of a series of medical tests, physical examinations, and consultations aimed at determining the current health conditions, and early signs of diseases or abnormalities, monitoring existing health conditions, and providing advice on how to maintain or improve health. Furthermore, the market for health checkups is growing due in large part to the higher prevalence of chronic diseases such as diabetes, heart disease, cancer, and others. Early diagnosis and regular assessments can lead to better management of these chronic diseases and enhanced health outcomes. People are increasingly realizing the importance of routine health check-ups and early diagnosis with preventive healthcare becoming more prominent. Government funding as well as initiatives that encourage regular medical checkups and provide affordable screening services contribute to the market’s growth. However, the high costs of advanced diagnostics, unequal access in developing regions, lack of awareness, limited insurance coverage, and logistical challenges in rural areas.

Browse 200 market data Tables and 120 Figures spread through 190 Pages and in-depth TOC on the Global Health Check-Up Market Size, Share, and COVID-19 Impact Analysis, By Type (General, Preventive, and Specialized), By Test Type (Complete Blood Count Test, Blood Glucose Test, Kidney Function Test, Bone Profile Test, and Liver Function Test), By End-User (Hospital-Based laboratories, Standalone Laboratories, Central Laboratories, Ambulatory Care Centers, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The general segment is expected to hold the greatest share of the global health check-up market during the forecast period.

Based on the type, the global health check-up is categorized into general, preventive, and specialized. Among these, the general segment is expected to hold the greatest share of the global health check-up market during the forecast period. This is attributed to the general health investigation, which provides a thorough assessment of the individual’s health, supports in identifying risk factors, and treats the illness early. Additionally, as they assist in lowering future disease burdens, healthcare professionals generally recommend general health examinations.

The complete blood count test segment is expected to hold the greatest share of the global health check-up market during the forecast period.

Based on the test type, the global health check-up market is categorized into a complete blood count test, blood glucose test, kidney function test, bone profile test, and liver function test. Among these, the complete blood count test segment is expected to hold the greatest share of the global health check-up market during the forecast period. This is attributed to the CBC test, which gives a measurement of blood cells, such as red blood cells, white blood cells, and platelets, and involves parameters such as hemoglobin and hematocrit, which are important for analyzing the person’s nutritional status and the presence of conditions such as iron deficiency anemia crucial for analyzing the body’s response to infection and monitoring suitable treatment.

The hospital-based laboratories segment is expected to hold the greatest share of the global health check-up market during the forecast period.

Based on the end-user, the global health check-up market is categorized into hospital-based laboratories, standalone laboratories, central laboratories, ambulatory care centers, and others. Among these, the hospital-based laboratories segment is expected to hold the greatest share of the global health check-up market during the forecast period. This is attributed to the hospital-based laboratories which offer a wide range of diagnostic tests and screenings as a result of excellent communication among healthcare professionals, hospital-based laboratories are frequently integrated with other clinical services within the hospitals.

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North America is expected to hold the greatest share of the global health check-up market over the projected timeframe.

North America is expected to hold the greatest share of the global health check-up market over the projected timeframe. A growing awareness of the value of routine health assessments and a variety of other factors that have broader societal significance for preventive healthcare are responsible for the rising demand for health checkups in North America. In North America, the aging population has led to an increase in the need for health examinations. Elderly people frequently require more frequent health examinations to track and treat age-related health problems. A large number of people in the area have health insurance, which encourages them to get regular checkups. Prevention services are covered by several health insurance plans, which help people manage their health.

Asia Pacific is expected to grow at a rapid rate in the global health check-up over the projected timeframe. The market is growing as a result of increased government efforts to enhance healthcare services in response to the rise in both communicable and non-communicable disease cases. The nation has also launched a population-based screening program for non-communicable diseases, such as diabetes, common cancer, and hypertension. It is anticipated that the growing medical screening programs implemented by governments throughout the region’s economies will offer lucrative expansion prospects to the companies involved in the health examination sector. These factors are driving the Asia Pacific health check-up market’s growth over the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global health check-up market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the global health check-up market are Natera, Inc., GRAIL, Quest Diagnostics Incorporated, UNILABS, Cerba Healthcare, Trinity Biotech, Eurofins Scientific, Quidel Corporation, Sonic Healthcare Limited, Exact Sciences Corporation, Innova Medical Group, Q2 Solutions, OPKO Health, Inc., Laboratory Corporation of America Holdings, LalPathLabs.com, and others.

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

Key Market Development

  • In November 2023, Universal DX announced a partnership to enhance colorectal cancer screening in the United States with Quest Diagnostics, a U.S.-based provider of diagnostic information services. As stipulated in the business contract, Quest plans to conduct and offer clinical laboratory services to patients and providers in the United States based on UDX’s Signal-C, a cutting-edge blood test for colorectal cancer screening.
  • In September 2023, GRAIL, LLC, and Point32Health began expanding their pilot project to include GRAIL’s ground-breaking Galleri multi-cancer early detection screening test. This development might open new methods for the company and improve its presence.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global health check-up market based on the below-mentioned segments:

Global Health Check-Up Market, By Type

  • General
  • Preventive
  • Specialized

Global Health Check-Up Market, By Test Type

  • Complete Blood Count Test
  • Blood Glucose Test
  • Kidney Function Test
  • Bone Profile Test
  • Liver Function Test

Global Health Check-Up Market, By End-User

  • Hospital-Based laboratories
  • Standalone Laboratories
  • Central Laboratories
  • Ambulatory Care Centers
  • Others

Global Health Check-Up Market, Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

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