Report : Middle East & Africa Occupational Health Market Forecast to 2030 - Regional Analysis - by Offering (Product, Solution, and Service), Category (Safety, Chemicals, Biological, Physical & Environmental, Ergonomics, Vaccination & immunizations, and Others), Employee Type (Remote, Hybrid, and Physical Presence), Site Location (On-Site, Off-Site, and Shared-Site), Type (Physical Wellbeing and Social & Mental Wellbeing), and Industry [Automobile, Chemical, Engineering, Government (including Federal), Manufacturing, Mining, Oil & Gas, Pharmaceutical, Ports, and Others]
At 2.8% CAGR, the Middle East & Africa Occupational Health Market is speculated to be worth US$ 113.52 million by 2030, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa occupational health market was valued at US$ 90.85 million in 2022 and is expected to reach US$ 113.52 million by 2030, registering a CAGR of 2.8% from 2022 to 2030. Stringent regulatory compliance and accelerating adoption of workplace wellness program are the critical factors attributed to the Middle East & Africa occupational health market expansion.
Regulatory compliance in the Middle East stands as a prominent driver propelling the growth of the occupational health market. Across the region, governments have been enacting regulations pertaining to workplace health & safety. These regulations set explicit standards for the well-being of workers, the safety of workplaces, and the implementation of health practices. The consequence of non-compliance is multifaceted, including financial penalties, legal entanglements, and damage to the organization’s reputation. Regulatory bodies in the Middle East have intensified their efforts to enforce these laws, emphasizing the imperative of adherence. This increased vigilance has spurred businesses to make substantial investments in occupational health services and solutions. Moreover, the priority placed on worker welfare by Middle Eastern governments underscores the significance of occupational health and safety in maintaining a robust and productive labor force. Also, some countries in the region align with global standards set by organizations such as the International Labour Organization (ILO), further driving businesses to adopt best practices in occupational health.
On the contrary, health associated risks at the workplace hamper the Middle East & Africa occupational health market.
Based on offerings, the Middle East & Africa occupational health market is segmented into products, solutions, and services. The services segment held 81.9% share of Middle East & Africa occupational health market in 2022, amassing US$ 74.44 million. It is projected to garner US$ 94.15 million by 2030 to expand at 3.0% CAGR during 2022–2030.
Based on category, the Middle East & Africa occupational health market is segmented into safety, chemicals, biological, physical & environment, ergonomic, vaccination & immunizations, and others. The physical & environment segment held 31.6% share of Middle East & Africa occupational health market in 2022, amassing US$ 28.69 million. It is projected to garner US$ 34.20 million by 2030 to expand at 2.2% CAGR during 2022–2030.
Based on employee type, the Middle East & Africa occupational health market is segmented into remote, hybrid, and physical presence. The remote segment held 48.3% share of Middle East & Africa occupational health market in 2022, amassing US$ 43.84 million. It is projected to garner US$ 55.87 million by 2030 to expand at 3.1% CAGR during 2022–2030.
Based on site location, the Middle East & Africa occupational health market is segmented into on-site, off-site, and shared-site. The off-site segment held 51.2% share of Middle East & Africa occupational health market in 2022, amassing US$ 46.49 million. It is projected to garner US$ 60.38 million by 2030 to expand at 3.3% CAGR during 2022–2030.
Based on type, the Middle East & Africa occupational health market is segmented into physical wellbeing and social & mental wellbeing. The physical wellbeing segment held 69.4% share of Middle East & Africa occupational health market in 2022, amassing US$ 63.04 million. It is projected to garner US$ 76.48 million by 2030 to expand at 2.4% CAGR during 2022–2030.
Based on industries, the Middle East & Africa occupational health market is segmented into automobile, chemical, engineering, government (including federal), manufacturing, mining, oil & gas, pharmaceutical, ports, others. The government segment held 39.5% share of Middle East & Africa occupational health market in 2022, amassing US$ 35.89 million. It is projected to garner US$ 44.51 million by 2030 to expand at 2.7% CAGR during 2022–2030.
Based on country, the Middle East & Africa occupational health market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that South Arabia captured 34.0% share of Middle East & Africa occupational health market in 2022. It was assessed at US$ 30.84 million in 2022 and is likely to hit US$ 37.63 million by 2030, exhibiting a CAGR of 2.5% during 2022–2030.
Key players operating in the Middle East & Africa occupational health market are Alleanza Healthcare, Axa SA, Bureau Veritas, and UL Solutions Inc, among others.
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