Occupational Medicines Market to hit USD USD 22.5 billion by 2031, at a CAGR 3.8% | Says Transparency Market Research Inc.
07.08.2025 - 18:08:26
Companies are increasingly implementing wellness programs to enhance employee well-being and productivity. These programs aim to meet employees' healthcare needs on a proactive and reactive basis through occupational medicine. Employees and employers benefit from occupational medicine by reducing absences, improving productivity, and reducing long-term healthcare costs through early detection and prevention.
Download Sample of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=53220
A regular occupational health assessment may be required or encouraged by insurance companies. Investment in occupational medicine services may help employers reduce insurance costs and claims risk. Demand for occupational medicine services can increase as companies, employees, and the public become more aware of occupational health's importance.
Occupational medicine has been highlighted as important during global health crises due to events such as the COVID-19 pandemic. As a result, occupational health has gained a greater awareness of its role in preparing and responding to pandemics. Mental health is becoming increasingly important in the workplace. Employees who suffer from stress, anxiety, and burnout are increasingly utilizing mental health services offered by occupational medicine practitioners.
Occupational health is increasingly using data analytics. Identifying trends, assessing risks, and developing strategies for improving employee safety and health have become common methods of improving employee safety and health.
Occupational Medicines Market Report Scope:
Report Coverage
Details
Forecast Period
2023-2031
Base Year
2017-2021
Size in 2022
US$ 15.7 Bn
Forecast (Value) in 2031
US$ 22.5 Bn
Growth Rate (CAGR)
3.8 %
No. of Pages
210 Pages
Segments covered
Type, Delivery Model, Industry, Application
Key Findings of Market Report
Global Occupational Medicines Market: Growth Drivers
The health and safety of employees is becoming increasingly important to companies. A workplace health assessment plays an important role in determining the suitability of employees for a specific job and identifying any potential health hazards.
Governments and regulatory bodies continually update and enforce occupational health and safety regulations. Implementing occupational health programs is often required to meet these regulations, which drives demand for occupational medicine services.
In recent years, work-related illnesses and conditions like musculoskeletal disorders, respiratory disorders, and stress-related disorders have become increasingly common. As a result, occupational medicine should emphasize prevention methods and early intervention.
Workers are increasingly moving across borders due to globalization. Medical fitness for international assignments and compliance with various health standards are made possible by occupational health services.
Health monitoring tools and telemedicine are among the advances in medical technology that have enhanced the abilities of occupational health professionals. Data management, surveillance, and health assessments can be simplified with these technologies.
Request for customization of this research report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=53220
Global Occupational Medicines Market: Regional Landscape
The occupational medicines market in North America is expected to hold a substantial share during the forecast period. A rising number of research and development activities and increased investment will drive demand in the coming years. A more extensive awareness campaign is being conducted by government agencies and launching new products to increase occupational medicine demand in the market.
A 2010 survey by the United States Bureau of Labor Statistics found that 296,530 sprains, tears, and strains at work resulted in 1,380 cases. Injuries arising from workplaces are expected to drive growth in the studied market during the forecast period.
Global Occupational Medicines Market: Key Players
Globally, there are many players operating in a fragmented market. Collaboration with established players in the occupational medicine market is becoming increasingly important to companies.
Concentra, Inc.WorkCare, Inc.Occucare InternationalWorkwell Occupational Medicine, LLC.HealthWorks Medical, LLCWebPTNova Medical CenterMED-1 Occupational Health ServicesKey Developments
In November 2023, the Occupational Health Clinic Network of the New York State Department of Health Awarded Mount Sinai Selikoff Centers for Occupational Health two new five-year contracts worth more than $12 million. New York City will receive 1,341,000 annually, and the Mid-Hudson Valley will receive $1,085,000 annually for injured and sick workers.In November 2023, Cority launched its Enhanced Occupational Medicine Solution, a leading global enterprise EHS software provider for hospitals, healthcare systems, and organizations that provide healthcare services to employers within their communities. With this digital solution, occupational medicine clinics can deliver high-quality services, optimize clinical workflows, increase patient satisfaction, and increase revenue.Global Occupational Medicines Market: Segmentation
By TypeVaccinationUrgent CareTravel MedicineTrainingTelemedicineOthersBy Delivery ModelOnsite Healthcare CentersOffsite Healthcare CentersMobile Healthcare CentersTelehealthField/Home VisitsMedical CampsBy IndustryAgriculture & ForestryConstruction & Real EstateManufacturingPetroleum & MiningTransportationOtherBy ApplicationOccupational CancerChemical PoisoningChronic Respiratory DiseasesMusculoskeletal DisordersNon-induced Hearing Loss & VibrationPsychological DisordersSkin DisordersOthersBy RegionNorth AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaBuy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=53220<ype=S
More Trending Report by Transparency Market Research:
Gout Therapeutics Market : Gout therapeutics market is anticipated to reach more than US$ 4.9 Bn by the end of 2031 and to grow at a CAGR of 8.4% from 2022 to 2031
Epilepsy Therapeutics Market : Epilepsy therapeutics market is anticipated to reach more than US$ 14.9 Bn by the end of 2031 and to grow at a CAGR of 3.5% from 2022 to 2031
Dental Anesthetics Market: Dental anesthetics market is expected to exceed US$ 904.1 Mn by the end of 2031, growing at a CAGR of 2.6% from 2022 to 2031.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/occupational-medicines-market-to-hit-usd-usd-22-5-billion-by-2031--at-a-cagr-3-8--says-transparency-market-research-inc-301987355.html
