Dublin, Jan. 22, 2024 (GLOBE NEWSWIRE) -- The "Middle East & Africa Occupational Health Market Forecast to 2030 - Regional Analysis - by Offering, Category, Employee Type, Site Location, Type, and Industry" report has been added to ResearchAndMarkets.com's offering.
According to this new research publication, the Middle East & Africa occupational health market is witnessing substantial growth, with projections estimating an increase from US$ 90.85 million in 2022 to US$ 113.52 million by 2030. This market's compound annual growth rate (CAGR) is anticipated to hit 2.8% from 2022 to 2030. The research highlights emerging trends and the impact of robotics and automation on enhancing occupational health in the region.
The inclusion of robotics in shared working environments has pioneered a new era in workplace health and safety. From exoskeletons to collaborative robots, these technological advancements are mitigating risks such as exposure to hazardous conditions and substances, thereby enhancing worker health protections, boosting production efficiency, and improving product quality. The deployment of robotics for handling dangerous materials not only elevates the safety standards but also introduces a new dynamic in the occupational health sector within the region.
The research provides an in-depth analysis of the various factors influencing the occupational health market across different segments, including offerings, category, employee type, site location, type, and industry.
- The services segment dominated the market in terms of offerings, due to the diverse nature of occupational health needs.
- In the category segment, physical & environmental factors took the lead, emphasizing the critical need for safe and healthful working conditions.
- Considering employee types, the remote workforce emerged as the predominant segment, reflective of the evolving work culture post-pandemic.
- As for site location, off-site service delivery held the largest market share, highlighting the trend towards outsourcing occupational health services.
- In terms of type, the focus on physical wellbeing surpassed other aspects, underscoring the base foundation of occupational health initiatives.
- The government sector stood out in the industry segment for its sizable share, driven by an increased emphasis on regulatory compliance and employee welfare.
An in-depth country-wise analysis within the Middle East & Africa region is provided, with Saudi Arabia leading the market, followed closely by the UAE and South Africa. These insights reflect the diverse and nuanced approaches adopted by individual countries towards enhancing occupational health services.
The research publication also delves into the challenges and opportunities in the sector, such as the heightened levels of work-related stress and the introduction of new government policies to bolster worker health.
Strategic recommendations are made for stakeholders across the value chain to leverage the market trends for long-term planning and growth. These insights allow healthcare providers, policymakers, and corporations to make informed decisions that align with evolving market dynamics and the heightened focus on occupational health and wellbeing.
The findings aim to assist businesses in reassessing their strategies and expanding their operations in high-growth markets within the Middle Eastern and African regions.
Key Attributes:
Report Attribute | Details |
No. of Pages | 193 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $90.85 Million |
Forecasted Market Value (USD) by 2030 | $113.52 Million |
Compound Annual Growth Rate | 2.8% |
Regions Covered | Africa, Middle East |
Company Coverage
- Alleanza Healthcare
- Axa SA
- Bureau Veritas
- UL Solutions Inc
For more information about this report visit https://www.researchandmarkets.com/r/rekn60
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