PUBLISHER: The Business Research Company | PRODUCT CODE: 1670786
PUBLISHER: The Business Research Company | PRODUCT CODE: 1670786
Occupational health is a discipline dedicated to promoting and preserving health, safety, and well-being in the workplace. It aims to prevent work-related injuries, illnesses, and accidents by identifying and managing hazards present in the work environment. By addressing the health needs of employees, occupational health improves productivity, reduces absenteeism, and enhances the overall quality of life for workers.
Key occupational health conditions encompass work-induced stress, asbestosis, noise-induced hearing loss, work-related backache, chemical and vibration-related disorders, among others. Work-induced stress denotes the physical, mental, and emotional strain arising from one's work or work environment. To address this, services such as stress assessment and stress management programs are employed for effective treatment. Notable stakeholders in the occupational health sector include employers and professionals across diverse end-user segments, including both public and private sectors. Downstream industries play a crucial role in providing essential services to meet the occupational health needs of these various stakeholders.
The occupational health market research report is one of a series of new reports from The Business Research Company that provides occupational health market statistics, including occupational health industry global market size, regional shares, competitors with an occupational health market share, detailed occupational health market segments, market trends and opportunities, and any further data you may need to thrive in the occupational health industry. This occupational health 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.
The occupational health market size has grown steadily in recent years. It will grow from $5.65 billion in 2024 to $5.83 billion in 2025 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to government regulations, worker advocacy movements, occupational health research, occupational disease awareness, and workplace injury reduction programs
The occupational health market size is expected to see steady growth in the next few years. It will grow to $6.89 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to remote work adaptation, mental health support, aging workforce considerations, ergonomics and workspace design, and artificial intelligence in health monitoring. Major trends in the forecast period include telehealth and virtual care, hybrid health programs, health risk assessments, health monitoring wearables, and flexible working arrangements.
The increasing prevalence of work-related diseases and disorders is anticipated to drive the growth of the occupational health market in the future. Work-related diseases are health conditions that are caused or worsened by factors in the workplace. Occupational health services address these issues by striving to enhance employees' health and well-being, focusing on the highest levels of mental, physical, and social well-being for individuals in all job roles. For example, in May 2024, a report from the American Psychiatric Association, a US-based professional organization for psychologists, noted that in 2024, 43% of adults reported feeling more anxious, up from 37% in 2023 and 32% in 2022, highlighting a steady rise in anxiety levels. Thus, the growing incidence of work-related diseases and disorders is propelling the occupational health market forward.
The growth of the occupational health market is driven by the expansion of healthcare infrastructure. Healthcare infrastructure, comprising physical and human resources, facilities, and institutions, supports the delivery of healthcare services in specific regions or communities. This expansion presents opportunities for integrating occupational health services into healthcare facilities, addressing the well-being of workers within the broader healthcare system. As of May 2023, the United States witnessed a 0.591% increase in the number of hospitals, reaching 6,129, compared to the previous year's count of 6,093, as reported by the American Health Care Association. This expansion in healthcare infrastructure underscores its role in driving the overall growth of the occupational health market.
The occupational health market is witnessing a significant trend towards technological innovations, with major companies actively introducing cutting-edge products to maintain their market position. A prime example of this trend is Telus Health, a Canada-based health technology solutions provider, which launched Total Mental Health in May 2023. This innovative solution empowers employees to monitor their mental health through assessments and counseling, offering benefits such as immediate support, comprehensive counseling services, personalized care journeys, and flexible payment options.
Companies in the occupational health market are increasingly focusing on the development of health management portals as part of their strategy to gain a competitive advantage. Health management portals are online platforms that provide individuals with access to and management of their health-related information and services. Illustrating this trend, Princeton University, a US-based research university, introduced a new occupational health management portal in September 2023. This portal enables employees to report workplace injuries, receive messages, complete questionnaires, access resources for disability, request accommodations and family medical leave, and receive notifications for upcoming appointments.
In January 2022, Marlowe plc, a UK-based company specializing in critical services and software, acquired Optima Health Group Limited for $152.12 million. This acquisition enables Marlowe to strengthen its Governance, Risk, and Compliance (GRC) division by incorporating Optima's technology-driven occupational health services. Optima Health Group Limited is a UK-based company focused on occupational health and well-being.
Major companies operating in the occupational health market include Microsoft Corporation, Cigna European (UK) Services Ltd., Johnson & Johnson, Novartis AG, Maximus Inc., Concentra Health Services Inc., Nova Medical Centers, Holzer Health System Inc., Habit Health, BHSF Occupational Health Ltd., Dialogue Technologies Inc., Grand Rounds, Examinetics Inc., Occucare International LLC, BaySport Inc., Colden Corporation, Everwell Occupational Health Ltd., Marathon Health, Alyfe Group, Optima Health Ltd., Premise Health Holding Corp., MBI Industrial Medicine Inc., Healthwork Ltd., Total Occupational Medicine, WellTrail Inc., Unity Wellness Group
North America was the largest region in the occupational health market in 2024. The regions covered in the occupational health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the occupational health market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The occupational health market includes revenues earned by entities by providing services such as injury care, occupational medicines, physical examinations, pre-placement screenings, workplace drug screenings, random drug and alcohol testing, telemedicine and immunization, and physical therapy. 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.
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.
Occupational Health Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on occupational health market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for occupational health ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The occupational health market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
6) By Repetitive Strain Injuries; Musculoskeletal Disorders; Occupational Respiratory Diseases