According to AMR’s prediction, “Occupational Medicines Market by Application and Industry: Global Opportunity Analysis and Industry Forecast, 2018-2025”, the market was valued at $3,753 million in 2017, and is projected to reach $5,794 million by 2025, growing at a CAGR of 5.5% from 2018 to 2025. Europe is anticipated to be the highest revenue contributor throughout the forecast period.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
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Key Findings of the Study –
- North America occupied almost one-fourth share of the global occupational medicine market.
- The construction segment is anticipated to grow with the highest CAGR throughout the forecast period.
- Europe is anticipated to occupy almost two-fifths market share of the global occupational medicine market by 2025.
Europe is the largest contributor to the global occupational medicine market in 2017, due to the European legislation on occupational medicine and occupational health that places a strong emphasis on monitoring the health and safety of workers. work in the environment. However, the Asia-Pacific region is expected to grow at the highest CAGR of 7.4% from 2018 to 2025, driven by increasing disposable income, increasing research, development and innovation programs and occupational health awareness.
The global occupational medicine market is expected to grow significantly during the forecast period, driven by various factors, such as the increase in occupational health, the rapid growth of the geriatric workforce, and environmental regulations. Good accommodation for occupational medicine. However, increasing adoption of automation and artificial intelligence (AI) in emerging industries and small businesses along with changes in industry structure are key factors expected to restrain market growth.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/purchase-enquiry/4728
Europe was the leading revenue contributor to the global occupational medicines market, owing to European regulatory framework for occupational medicines and occupational health that insists greatly on monitoring health and safety of workers in the work environment. However, the Asia-Pacific region is expected to grow at the highest CAGR of 7.4%.
Key Market Players –
Major key players that operate in the industry are Amgen, Inc., AstraZeneca PLC, Bristol-Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, Johnson & Johnson, Nestlé S.A. (Galderma S.A.), Novartis AG, Pfizer, Inc., and Sanofi. The other players in the value chain (not included in the report) include Merck & Co., Inc., AbbVie, Inc., and GlaxoSmithKline plc.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.alliedmarketresearch.com/checkout-final/762337977c9b7a8f222b346ca70fdb97
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