The Occupational Medicines Global Market Report 2023, provides comprehensive information on the occupational medicines market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Occupational Medicines Global Market Report 2023, the global occupational medicines market is expected to grow from $4.52 billion in 2022 to $4.86 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The occupational medicines market is expected to reach $6.26 billion in 2027 at a CAGR of 6.5%.
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Product innovations are a key trend gaining popularity in the occupational medicine market. Major companies operating in the occupational medicine market are concentrating on creating innovative products and solutions to sustain their position in the market. For instance, in May 2023, TELUS Health, a Canada-based provider of health technology services, launched Total Mental Health, an innovative solution for employees to monitor their mental health through assessments and counseling. This solution, available to employees through their employer’s health plans, uses TELUS Health’s cutting-edge technology to provide a single app for mental health support across Canada’s network of counselors. It also includes various welfare components, such as legal assistance, dietary advice, child and elder care options, and financial counseling, that assist employees in resolving personal or professional challenges.
The occupational medicines market is segmented:
1) By Application: Chemical Poisoning, Psychological Disorder, Non-Induced Hearing Loss And Vibration, Skin Disorder, Chronic Respiratory Disease, Pneumoconiosis, Musculoskeletal Disorder, Cancer, Other Applications
2) By Industry: Agriculture And Forestry, Construction, Manufacturing, Petroleum And Mining, Transportation, Other Industries
3) By End-User: Employers, Professionals
North America was the largest region in the occupational medicines market in 2022.
The table of contents in TBRC’s occupational medicines market report includes:
- Executive Summary
- Occupational Medicines Market Characteristics
- Occupational Medicines Market Trends And Strategies
- Occupational Medicines Market – Macro Economic Scenario
- Global Occupational Medicines Market Size and Growth
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- Global Occupational Medicines Market Competitive Benchmarking
- Global Occupational Medicines Market Competitive Dashboard
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
Top Major Players
- Pfizer Inc.
- Johnson & Johnson
- Hoffmann-La Roche Ltd
- C-HCA Inc
- Merck & Co. Inc.
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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