What is Physical Examination Market?
Physical examination is a routine test in which a primary care provider (PCP) performs to check someone's overall health. A PCP may be a doctor, a nurse practitioner, or a physician assistant. The exam is also known as a wellness check. The standard physical exam typically includes Vital signs, blood pressure, breathing rate, pulse rate, temperature, height, and weight. Growing healthcare infrastructure in developing regions is driving the market growth while factor like lack of skilled clinical professionals is hampering the market growth rate.
The market study is being classified by Type (Routine Physical Examination, Comprehensive Physical Examination and Others), by Application (Enterprises and Individuals) and major geographies with country level break-up.
Kaiser Permanente (United States), Bupa (United Kingdom), Health 100 (China), IKang Group (China), Japanese Red Cross (Japan), Rich Healthcare (China), Mayo Clinic (United States), Nuffield Health (United Kingdom), Cleveland Clinic (United States) and Cooper Aerobics (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Samsung Total Healthcare Center, Milord Health Group, Seoul National University Hospital, PL Tokyo Health Care Center and Sun Medical Center.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States and Chinese Players will contribute to the maximum growth of Global Physical Examination market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Physical Examination market by Type, Application and Region.
On the basis of geography, the market of Physical Examination has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growth in the Healthcare Infrastructure in Developing Regions
- Growing Number of Various Diseases in People
Market Trend
- Technological Advancements in the Physical Examination
Restraints
- Risk of Infection and Other Possible Side Effects Associated with the Physical Examination
Opportunities
- Increasing Number of Diagnostic Centres
- Increasing Awareness about the Regular Health Checkup
Challenges
- Lack of Skilled Clinical Professionals
Key Target Audience
Providers of Diagnostic Centres, End-Users, Potential Investors, Regulatory Bodies, Market Research Firms and Others