The global health check-up market size is expected to reach USD 73.67 billion by 2030, expanding at a CAGR of 5.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributable to the increasing awareness about general health among people, rising investments from government & non-government bodies, and the adoption of technologically advanced testing products across various healthcare platforms. For instance, in March 2021, F. Hoffmann-La Roche Ltd launched a connected blood glucose monitoring system under the Accu-Chek Instant System brand name. The connected system enables integrated and personalized diabetes management, to establish active care and communication between patient and healthcare provider.
The increasing geriatric population across the economies is driving the demand for health check-ups, as elderly patients are more susceptible to chronic illnesses and require preventive healthcare. For instance, according to an article published by the WHO in October 2022, it is estimated that 1 in 6 people across the world will be aged above 60 by 2030. Hence, regulatory support to provide preventive care to the geriatric population will drive the health check-up industry. For example, the U.N. Decade of Healthy Ageing (2021-2030) aims to improve the elder population's lives by implementing four frameworks, such as delivering primary health services and dedicated care to the senior population.
The growing deficiency of vitamins in the population drives the market for testing and monitoring. For instance, according to the National Institute of Health Database research published in October 2021, in the U.S., approximately 42% of the population is vitamin deficient. In addition, Frontiers Media S.A. published an article on February 2023, estimating that the global prevalence of vitamin deficiency from 2000 to 2022 was 15.7%, while the prevalence is anticipated to increase due to a sedentary lifestyle and low sunlight exposure. However, global medical device companies have continued to launch products to detect vitamin D levels at home and seek connected healthcare aid, driving the global health check-up industry. For instance, in April 2022, MediSure Labs launched the first Health Canada-approved Vitamin D home testing kit in the Canadian region.
Moreover, key players operating in the global health check-up industry are focusing on strategic initiatives, such as product launches to increase their respective position in the marketplace. For instance, in January 2023, Burning Rock received breakthrough device designation from the U.S. FDA for its OverC Multi-Cancer detection blood test. The test helps in the early detection of esophageal, ovarian, pancreatic, liver, and lung cancer in adults aged 50-75 years. Furthermore, in February 2023, Dexcom, Inc. launched G7 continuous glucose monitoring system for beneficiaries with type 1 and type 2 diabetes, and the product will be covered by Medicare. Hence, the launch of next-generation testing products will allow the global health check-up industry to grow during the forecast period.
Request a free sample copy or view report summary: Health Check-up Market Report
The general health check-up segment held the largest revenue share in 2022 and is attributable to the high use of testing services to identify critical medical issues
The blood glucose test segment held the largest share in 2022, owing to the high prevalence of diabetes and rapid growth in the geriatric population
The cardiovascular diseases segment dominated the market in 2022 owing to the high prevalence of diseases coupled with high mortality rates and technological advancements in testing products
Hospital-based laboratories held the largest revenue share in 2022 owing to the increasing number of hospitals integrating laboratories and a large patient pool
Individuals segment of the market capture the largest revenue share in 2022 due to increasing awareness about preventive health check-ups along with the introduction of connected medical devices from market players
North America region led the market in 2022, which can be attributed to the high access to healthcare insurance along with an increase in the prevalence of non-communicable diseases
The key market players include Quest Diagnostics Incorporated; Laboratory Corporation of America Holdings; SYNLAB International GmbH; Eurofins Scientific; UNILABS; Sonic Healthcare Limited; Q2 Solutions; LalPathLabs.com; and ARUP Laboratories.
For the purpose of this report, Grand View Research has segmented the global health check-up market based on type, test type, application, service provider, end-use, and region:
Health Check-up Type Outlook (Revenue, USD Million, 2018 - 2030)
General Health Check-up
Preventive Health Check-up
Specialized Health Check-up
Routine and Wellness Health Check-up
Health Check-up Test Type Outlook (Revenue, USD Million, 2018 - 2030)
Blood Glucose Test
Kidney Function Test
Bone Profile Test
Liver Function Test
Lipid Profile Test
Hormones & Vitamins
Health Check-up Application Outlook (Revenue, USD Million, 2018 - 2030)
Health Check-up Service Provider Outlook (Revenue, USD Million, 2018 - 2030)
Health Check-up End-Use Outlook (Revenue, USD Million, 2018 - 2030)
Health Check-up Regional Outlook (Revenue, USD Million, 2018 - 2030)
Middle East and Africa
List of Key Players in the Health Check-up Market
Quest Diagnostics Incorporated
Laboratory Corporation of America Holdings
SYNLAB International GmbH
OPKO Health, Inc. (BioReference Health, LLC.)
Sonic Healthcare Limited
GET A FREE SAMPLE
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.
Contact us now to get our best pricing.
"The quality of research they have done for us has been excellent..."