PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1399656
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1399656
The global health check-up market is anticipated to grow at a rate of 6.9% during 2023-2032, driven by a surge in health awareness, increasing adoption of preventive healthcare measures, and the rising trend of personalized wellness initiatives.
As per McKinsey, the global wellness market surpasses $1.5 trillion, exhibiting a consistent annual growth rate ranging from 5% to 10%. Individuals today are placing greater emphasis on maintaining a proactive approach to their well-being, realizing the importance of early detection and preventive measures. This cultural shift is driving the demand for comprehensive health check-ups that go beyond addressing existing ailments, focusing on overall health and wellness and thus reviving industry expansion.
The global health check-up market is classified based on type, test type, sample type, panel type, service provider, end-use, and region.
The routine & wellness health check-up segment is set to witness decent growth during the study period. The check-up offers comprehensive assessment of an individual's overall health, including vital signs, blood pressure, cholesterol levels, and organ function tests. It provides a baseline for monitoring health and identifying potential issues in their early stages. As individuals recognize the importance of regular monitoring to maintain optimal health, there will be rise in demand for routine & wellness check-ups.
The blood glucose test type segment is poised to register steady growth through 2032 due to the growing concerns related to diabetes and metabolic disorders. Regular monitoring of blood glucose levels is vital for efficient management of health-concerns like diabetes. Moreover, rising awareness about the link between lifestyle and diabetes is encouraging individuals to maintain a healthy lifestyle, keeping a check on blood glucose test.
Asia Pacific health check-up industry is set for decent growth during 2023-2032 driven by vast and diverse population, coupled with rising disposable incomes, and increasing health awareness. Countries like China, India, and Japan are witnessing a surge in demand for routine and specialized health check-ups, reflecting a proactive approach to healthcare. Moreover, rapid economic growth and lifestyle changes are further inducing industry growth.