South America 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)
The SAM occupational health market is expected to grow from US$ 272.67 million in 2021 to US$ 322.44 million by 2028; it is estimated to register a CAGR of 2.4% from 2021 to 2028.
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 ~$190 billion in health care costs each year. The healthcare cost mentioned above represents 5-8% of national health care spending, derived primarily from high demands at work ($48 billion), lack of insurance ($40 billion), and work-family conflict ($24 billion). To reduce the incidence of health-related issues, many companies are adopting wellness programs for their employees to be productive. The adoption of mental health and wellness programs increased after the emergence of the COVID-19 pandemic. Thus, companies are adopting wellness programs to compensate for the sizable emotional, psychological, and physical strain of the COVID-19 pandemic. Hence, the pandemic has led to lucrative opportunities for the key players operating in the occupational health market to provide mental health and wellness programs, which is expected to fuel the market growth in the coming years across the region.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM occupational health market at a notable CAGR during the forecast period.
SAM Occupational Health Market Revenue and Forecast to 2028 (US$ Million)
SAM Occupational Health Market Segmentation
The SAM occupational health market is bifurcated into type and country. Based on type, the market is segmented into work-induced stress, asbestosis, hearing loss due to noise, disorders caused due to chemicals and vibrations, and others. In 2021, the hearing loss due to noise segment dominated the market, and the work-induced stress segment is expected to register the highest CAGR during the forecast period. Based on country, the SAM occupational health market is segmented into Brazil, Argentina, and the Rest of SAM.
Amgen Inc.; Johnson and Johnson Services, Inc; Novartis AG; and Occucare International are among the leading companies operating in the SAM occupational health market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Occupational Health Market – By Type
1.3.2 SAM Occupational Health Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Occupational Health Market– Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
4.3 Experts Opinion
5. Occupational Health Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of Diseases and Disorders Associated with Occupational Health
5.1.2 Favorable Regulatory Environment Toward Occupational Health
5.2 Market Restraints
5.2.1 Lack of Skilled Professionals and Inaccessibility of Trade Secret
5.3 Market Opportunities
5.3.1 Rising Adoption of Mental Health and Wellness Programs
5.4 Future Trends
5.4.1 Anticipation of Potential Safety Hazards by Producing Predictive Analytics
5.5 Impact Analysis
6. Occupational Health Market– SAM Analysis
6.1 SAM Occupational Health Market Revenue Forecast and Analysis
7. SAM Occupational Health Market Analysis – By Type
7.1 Overview
7.2 SAM Occupational Health Market, By Type, 2021 & 2028 (%)
7.3 Work-Induced Stress
7.3.1 Overview
7.3.2 Work-Induced Stress: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Asbestosis
7.4.1 Overview
7.4.2 Asbestosis: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Hearing Loss Due to Noise
7.5.1 Overview
7.5.2 Hearing Loss Due to Noise: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
7.6 Disorders Caused Due to Chemicals and Vibrations
7.6.1 Overview
7.6.2 Disorders Caused Due to Chemicals and Vibrations: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
8. SAM Occupational Health Market – Country Analysis
8.1.1 Overview
8.1.2 South America: Occupational Health Market Share by Country – 2021 & 2028, (%)
8.1.2.1 Brazil: Occupational Health Market- Revenue and Forecasts To 2028 (USD Million)
8.1.2.1.1 Brazil: Occupational Health Market- Revenue and Forecasts To 2028 (USD Million)
8.1.2.1.2 Brazil Occupational Health Market, By Type – Revenue and Forecast to 2028 (USD Million)
8.1.2.2 Argentina: Occupational Health Market- Revenue and Forecasts To 2028 (USD Million)
8.1.2.2.1 Argentina: Occupational Health Market- Revenue and Forecasts To 2028 (USD Million)
8.1.2.2.2 Argentina Occupational Health Market, By Type – Revenue and Forecast to 2028 (USD Million)
8.1.2.3 Rest of South and Central America: Occupational Health Market - Revenue and Forecast to 2028 (USD Million)
8.1.2.3.1 Rest of South America: Occupational Health Market - Revenue and Forecast to 2028 (USD Million)
8.1.2.3.2 Rest of South America Occupational Health Market, By Type – Revenue and Forecast to 2028 (USD Million)
9. Industry Landscape
9.1 Overview
9.2 Organic Developments
9.2.1 Overview
10. Company Profiles
10.1 Occucare International
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Amgen Inc.
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Novartis AG
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Johnson and Johnson Services, Inc.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Occupational Health Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Occupational Health Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 3. Argentina Occupational Health Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Rest of South America Occupational Health Market, By Type – Revenue and Forecast to 2028 (USD Million)
Table 5. Organic Developments
Table 6. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Occupational Health Market Segmentation
Figure 2. SAM Occupational Health Market, By Country
Figure 3. SAM Occupational Health Market Overview
Figure 4. SAM Occupational Health Market, By Type
Figure 5. SAM Occupational Health Market, By Country
Figure 6. SAM: PEST Analysis
Figure 7. Experts Opinion
Figure 8. SAM Occupational Health Market: Impact Analysis of Drivers and Restraints
Figure 9. SAM Occupational Health Market– Revenue Forecast and Analysis
Figure 10. SAM Occupational Health Market, by Type, 2021 & 2028 (%)
Figure 11. SAM Work-Induced Stress: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. SAM Asbestosis: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. SAM Hearing Loss Due to Noise: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. SAM Disorders Caused Due to Chemicals and Vibrations: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. SAM Others: Occupational Health Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. South America: Occupational Health Market, By Key Country – Revenue (2021) (USD Million)
Figure 17. South America: Occupational Health Market Share by Country – 2021 & 2028, (%)
Figure 18. Brazil: Occupational Health Market- Revenue and Forecasts To 2028 (USD Million)
Figure 19. Argentina: Occupational Health Market- Revenue and Forecasts To 2028 (USD Million)
Figure 20. Rest of South America: Occupational Health Market - Revenue and Forecast to 2028 (USD Million)
- Amgen Inc.
- Johnson and Johnson Services, Inc
- Novartis AG
- Occucare International
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM occupational health market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM occupational health market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the occupational health market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution