Report : Asia-Pacific Occupational Health Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Work Induced Stress, Asbestosis, Hearing Loss Due to Noise, Disorders Caused Due to Chemicals and Vibrations, and Others) 

At 3.9% CAGR, the APAC Occupational Health Market is speculated to be worth US$ 1,257.83 million by 2028, says Business Market Insights              

According to Business Market Insights’ research, the APAC occupational health market was valued at US$ 963.56 million in 2021 and is expected to reach US$ 1,257.83 million by 2028, registering an annual growth rate of 3.9%  from 2021 to 2028.  Rising adoption of mental health & wellness programs and anticipation of potential safety hazards by producing predictive analytics the critical factors attributed to the market expansion.                

According to World Health Organization (WHO), various factors in the working environment affect mental health. As per the Centre for Workplace Mental Health data, excessive workplace stress causes a staggering 120,000 deaths and results in nearly $190 billion in health care costs each year. The healthcare cost mentioned above represents 5% to 8% of national health care spending, derived primarily from high demands at work ($48 billion), lack of insurance ($40 billion), and work-family conflict ($24 billion). To reduce the incidence of health-related issues, many companies are adopting wellness programs for their employees to be productive. The adoptions of mental health and wellness programs increased after the COVID-19 pandemic hit. Thus, companies are adopting wellness programs to compensate for the sizable emotional, psychological, and physical strain of the COVID-19 pandemic. Hence, the pandemic would offer lucrative opportunities for the key players operating in the occupational health market to provide mental health and wellness programs, which is expected to fuel the market growth in the coming years across the region.

On the contrary, lack of skilled professionals and inaccessibility of trade secret hurdles the growth of APAC occupational health market.   

Based on type, the APAC occupational health market is segmented into work-induced stress, asbestosis, hearing loss due to noise, disorders caused due to chemicals and vibrations, and others. The hearing loss due to noise segment held 28.7% market share in 2021, amassing US$ 277.00 million. It is projected to garner US$  367.28 million by 2028 to expand at 4.1% CAGR during 2021–2028.  

Based on country, the APAC occupational health market is segmented into the China, Japan, India, Australia, South Korea, and Rest of APAC. Our regional analysis states that the China captured 27.4% market share in 2021. It was assessed at US$  263.80 million in 2021 and is likely to hit US$ 354.26 million by 2028, exhibiting a CAGR of 4.3% during the forecast period.    


Key players dominating the APAC occupational health market are Amgen Inc.; Johnson and Johnson Services, Inc; Novartis AG; and Occucare International among others.  


  • In Apr 2021, Novartis implemented Choice with Responsibility program that allows employees choice and say on their work logistics based on their employing country. In terms of mental health, additional resources were provided, alongside in-country remote work support. Under the program, Novartis made the commitment to stay close to the ground to ensure that the program’s measures are effective in present as well as in the future. The drive will help the company to develop a well-founded future workplace model for the company.


  • In Oct 2020, Johnson & Johnson in honor of World Mental Health Day shared five examples of how company’s employees were breaking down the barriers to good mental health for communities and health workers. It included: Emotional support to frontline health workers, Cultural awareness training, Virtual well-being curriculum, Resiliency for Change workshop and Looking After Yourself & Your Team—Psychological First Aid.

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