US Occupational Health Market to Grow at a CAGR of 3.9% to reach US$ 1,496.92 million from 2022 to 2028
Occupational health is an area of work in public health to promote and maintain physical, psychological, and social well- being of workers at the workplace. The aim of the occupational health is to prevent work related illness, stress, injuries to ensure safety at workplace. The knowledge and practice of occupational health involve several disciplines such as, ergonomics, psychology, hygiene, safety, and others. Certain work environment leads to an exposure with harmful chemicals leading to serious disorders like cancers, asthma etc. Occupational medicine helps to prevent such disorders. Occupational safety and health (OSH) deal with the safety, health, and welfare of people at occupation.
The
growth of the market is attributed to the high focus on employer-sponsored
medical health coverage and accelerating adoption of workplace wellness
programs are propelling the market growth. However, the health-associated risks
at the workplace hamper the market's growth.
Key
players operating in the market have undertaken various organic and inorganic growth
strategies. The US occupational health market majorly consists of players like
Premise Health,
Occucare International LLC, Examinetics Inc, Ascension Health Alliance,
Workwell Occupational Medicine LLC, Concentra Inc, Adventist Health System
Sunbelt Healthcare Corp, WorkCare Inc, e3 Diagnostics Inc, and Icahn School of
Medicine at Mount Sinai.
Several
in organic approaches, such as product launches, and expansion in the occupational
health, have resulted in the growth of the market. Likewise, inorganic
strategies such as mergers & acquisitions, and collaboration have helped
the company to strengthen its revenue, which allows the company to hold a
strong position in the market.
Read More:https://www.theinsightpartners.com/reports/us-occupational-health-market
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