
Global occupational health market to hit $8.45b by 2032
The growing workforce across construction, manufacturing, and healthcare is driving demand.
The global occupational health market is expected to reach $8.45b by 2032 at a compound annual growth rate of 6.5%, according to Credence Research Inc.
The sector’s expansion is attributed to the increasing awareness amongst employers and governments about workplace safety, mental well-being, and chronic disease prevention.
“Rising regulatory compliance standards and corporate responsibility initiatives are compelling organisations to invest in structured occupational health programmes,” the report said.
Moreover, the growing workforce across industries like construction, manufacturing, mining, and healthcare is driving demand for comprehensive occupational health services, such as routine screenings, ergonomic assessments, and injury prevention programmes.
“The integration of digital health technologies, telemedicine, and data analytics is transforming how occupational health services are delivered, making them more proactive, scalable, and accessible,” it added.