NOVX Systems

Mar 3, 2023

Market Report 2023" - https://www.reportlinker.com/p06290010/?utm_source=GNW , Omron Healthcare, Pfizer Inc., Sanofi, Healthway, Inc., Tivity Health, Dilon Technologies Inc., Novx Systems, Scripto LLC, Viatronix Inc., U-Systems Inc. The global preventive healthcare technologies and services market grew from $220.95 billion in 2022 to $251.83 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The preventive healthcare technologies and services market is expected to grow to $441.5 billion in 2027 at a CAGR of 15.1%. The preventive healthcare technologies market includes revenues earned by entities remote patient monitoring, 5G-enabled devices, and wearable sensors.The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. Preventive healthcare technologies include screenings, check-ups, and patient counselling to identify and prevent health problems.Preventive healthcare technology devices are more commonly used to measure daily lives health patterns like blood oxygen saturation, heart rate, blood pressure, and sleep patterns. The preventive healthcare technologies and services are used to take measures and identify future illnesses and treatment by the healthcare providers. North America was the largest region in the preventive healthcare technologies and services market in 2022.Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the preventive healthcare technologies and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The main types of preventive healthcare technologies and services market are early detection and screening technologies, vaccines, chronic disease management technologies, advanced technologies to reduce errors.Early detection and screening technologies are used to identify future health conditions of patients. The early detection and screening technologies include x-ray, CT, ultrasound, magnetic resonance imaging (MRI). The applications of preventive healthcare technologies and services are in hospitals and clinics. An increase in the older population pool is increasing demand for the preventive healthcare technologies and services market.Medical problems are known to increase with age, due to this preventing or identifying problems at an early stage can decrease the risk and intensity of the issue. According to the United Nations survey, an intergovernmental organization, there were around 727 million persons that were aged above 65 years or above in 2020 and it is projected to reach around 1.5 billion in 2050. This increase in the aged people population can also directly impact the preventive healthcare technologies market. The use of artificial intelligence (AI) as a preventive healthcare technique is a rising trend in the preventive healthcare technologies and services market.Many medical conditions such as identifying type 1 diabetes, indications of Alzheimer’s, and predicting breast cancer, cardiovascular diseases can be identified using the advanced AI technologies. Some orthopedic spine surgery experts from Boston-based Massachusetts General Hospital suggest that machine learning and AI can also predict personalized and accurate assumptions of where fractures will happen on a patient based on the history of the patient and the historic database available. Similarly, in November 2020, Medtronic, American-Irish registered medical device company acquired France based company, Medicrea that provides AI-driven surgical planning and predictive modelling tools which helps to improve the quality of spine management. In November 2021, Hellman & Friedman and Bain Capital, a private equity firm, acquired Athenahealth, Inc for $17 billion.This acquisition will help Athenahealth become the largest and most innovative provider of cloud-based electronic medical records and physician practice solutions in the USA. Athenahealth, Inc is a cloud computing vendor that enhances the clinical quality, operational efficiency, and delivery of preventive care to many patients in the US. The countries covered in the preventive healthcare technologies and services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The preventive healthcare technologies and service market research report is one of a series of new reports that provides preventive healthcare technologies and service market statistics, including preventive healthcare technologies and service industry global market size, regional shares, competitors with a preventive healthcare technologies and service market share, detailed preventive healthcare technologies and service market segments, market trends and opportunities, and any further data you may need to thrive in thepreventive healthcare technologies and service industry. This preventive healthcare technologies and service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.