Global Preventive Healthcare Technologies and Services Market to Register CAGR of 9.70% 2014-2020, Propelled by Rising Demand to Curb Costs

Albany, NY -- (SBWire) -- 12/18/2017 --Preventive healthcare is fast emerging as the most viable means to cut healthcare costs, making the market for preventive healthcare technologies and services a rapidly developing one. Transparency Market Research, in a report titled "Preventive Healthcare Technologies and Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020", states that the global preventive healthcare technologies and services market will expand at a 9.70% CAGR from 2014 to 2020, with its value rising from US$72.8 bn in 2013 to US$144.8 bn by 2020.

The global Preventive Healthcare Technologies and Services Market is segmented on the basis of product type,region.

The preventive healthcare technologies and services market is broadly segmented into prophylaxis, chronic disease management technologies, early detection and screening technologies, and advanced technologies to reduce errors. In 2013, early detection and screening technologies emerged as the leading segment, with personalized medicine as its most prominent sub-segment. However, registering a strong CAGR of 13.0% from 2014 to 2020, advanced technologies to minimize errors will become the fastest developing segment.

The global preventive healthcare technologies and services market is geographically divided into North America, Asia Pacific, Europe, and Rest of the World. North America is the largest as well as the fastest developing regional segment and is fueled by supportive reimbursement policies, growing awareness about preventive healthcare technologies, and the presence of several leading players. Being a global IT hub has also worked in favor of the North America preventive healthcare technologies and services market. The Asia Pacific and the Rest of the World regional markets, on the other hand, are anticipated to witness sluggish growth during the forecast period owing to the lack of supportive infrastructure that can help support preventive healthcare technologies and services.

The segment of advanced technologies to minimize errors includes companies such as ScriptPro LLc, Lifecom, Inc., and Omnicell, Inc. The segment of early detection and screening includes players such as Myriad Genetics, Inc., U-Systems, Inc., Dilon Technologies, Inc., and Novx Systems. The chronic disease management technologies segment has vendors such as Healthways, Inc., Medtronic, Inc., Alere Inc., and Omron Healthcare, Inc., while the segment of prophylaxis includes companies such as Merck & Co., Sanofi Pasteur MSD, and GlaxoSmithKline plc.

Summary of Table of Content
1. Introduction
2. Executive Summary
3. Global Preventive Healthcare Technologies and Services Market Overview
4. Preventive Healthcare Technologies and Services Market, by Technologies and Products
5. Preventive Healthcare Technologies and Services Market, by Geography
6. Recommendations
7. Company Profiles

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