Health Check-up Market - By Type (General, Specialized, Preventive, Routine and Wellness), By Test Type, By Sample Type, By Panel Type, By Service Provider, By End-use, – Global Forecast, 2023-2032

Health Check-up Market - By Type (General, Specialized, Preventive, Routine and Wellness), By Test Type, By Sample Type, By Panel Type, By Service Provider, By End-use, – Global Forecast, 2023-2032

Health Check-up Market Size

Health Check-Up Market size was valued at around USD 49.2 billion in 2022 and is estimated to register at 6.9% CAGR between 2023 and 2032. Government initiatives and healthcare policies, corporate wellness programs, aging population, technological advancements and rising incidence of chronic diseases are some of the key factors propelling the market. The prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer is on the rise globally.
 

For instance, as per the World Cancer Research Fund International's statistics, there were approximately 18.1 million cancer cases globally in 2020. Regular health check-ups help in the early detection of these conditions, enabling timely management and reducing the overall burden of chronic diseases.
 

Additionally, governments in various countries are implementing health policies that encourage preventive healthcare. This includes subsidizing or providing incentives for regular health check-ups to reduce the economic burden associated with treating advanced-stage diseases. Further, many companies are investing in employee wellness programs that include regular health check-ups. These programs aim to enhance employee health, reduce absenteeism, and improve overall productivity.
 

A health check-up, also known as medical check-up or health examination, is a comprehensive medical assessment of an individual's overall health status. It is typically conducted by a healthcare professional, such as physician, nurse, or other qualified medical personnel. The purpose of a health check-up is to evaluate various aspects of a person's health, detect any potential health issues, and provide preventive care.

COVID-19 Impact

The COVID-19 pandemic has had a negative impact on the health check-up market globally. Lockdowns, restrictions on movement, and fears of virus exposure have led to a decline in routine health check-ups as individuals postponed non-urgent medical appointments. The focus on urgent and critical care during the pandemic has hindered the routine healthcare services, leading to a temporary setback to the market. However, as the situation improved and healthcare systems adapt to new norms, the market regained and recovered in the following years with renewed emphasis on preventive healthcare measures.
 

Health Check-up Market Trends

The increasing adoption of digital technology, telemedicine, and home-care services is significantly fuelling the growth of the healthcare industry. The increasing integration of digital technology and telemedicine into healthcare services not only enhances the efficiency of health check-ups but also promotes a shift toward a more patient-centric and preventive healthcare model.
 

• Digital technology enables the provision of healthcare services remotely. Telehealth platforms allow individuals to consult with healthcare professionals for routine health check-ups without the need for in-person visits.
   
• The proliferation of wearable medical devices and at-home health monitoring tools allows individuals to track various health parameters. These devices facilitate continuous monitoring of conditions such as blood pressure, glucose levels, and heart rate, contributing to proactive health management.
   

Health Check-up Market Analysis

The market by type is categorized into general health check-up, specialized health check-up, preventive health check-up, and routine and wellness health check-up. The general health check-up segment was valued at around USD 18.7 billion in 2022.
 

• Regular health check-ups enable the early detection of potential health problems, allowing for timely intervention and management. Early identification of issues can prevent the progression of diseases and improve treatment outcomes.
   
• Many health insurance policies encourage or require policyholders to undergo regular health check-ups. This is often done to assess and manage health risks, which can impact insurance coverage and premiums.
   
• As individuals age, the risk of developing certain health conditions increases. Regular health check-ups become more crucial for monitoring age-related health changes and addressing potential issues associated with aging.
   

Based on types, the health check-up market is segmented into complete blood count test, blood glucose test, kidney function test, bone profile test, electrolyte test, liver function test, lipid profile test, cardiac biomarkers, hormones & vitamins, tumor markers, and other types. The complete blood count test segment dominated the market and accounted for over 23% business share in 2022 and is anticipated to witness healthy growth.
 

• The CBC test provides a snapshot of the different types and quantities of blood cells, including red blood cells, white blood cells, and platelets. CBC tests include parameters like hemoglobin and hematocrit, which are crucial for assessing a person's nutritional status and the presence of conditions like iron deficiency anemia. This comprehensive overview helps healthcare professionals assess various aspects of a person's health.
   
• CBC tests can help identify infections or inflammatory conditions based on changes in white blood cell counts. This is especially important for assessing the body's response to infections and guiding appropriate treatment.
   
• Abnormalities in blood cell counts can indicate the presence of underlying health conditions, such as anemia, infections, leukemia, or clotting disorders. Early detection through CBC allows for timely intervention and management of these conditions.
   

The health check-up market by sample type is categorized into blood, urine, saliva, and other sample types. The blood segment was valued at USD 35.1 billion revenue in 2022.
 

• Blood contains a wealth of information about various aspects of health, including blood cell counts, biochemical markers, hormones, and metabolic byproducts. Blood tests can provide insights into the health of various organs and systems throughout the body.
   
• Blood tests can measure a wide range of analytes, including glucose, cholesterol, proteins, enzymes, electrolytes, and more. This versatility makes blood tests suitable for screening and diagnosing a diverse array of medical conditions.
   
• Additionally, there is a wide array of specialized blood tests designed to assess specific health conditions or risk factors. Examples include genetic testing, tumor markers, and specific antibody assays, providing targeted information for personalized medicine.
   

The health check-up market by panel type is bifurcated into single-test panels, and multi-test panels. The multi-test panels segment held leading business share and is expected to reach over USD 75.1 billion in 2022.
 

• Conducting multiple tests individually can be time-consuming and expensive. Multi-panel tests streamline the diagnostic process, reducing the need for multiple samples and separate tests. This efficiency can lead to cost savings for both healthcare providers and patients.
   
• Multi-panel tests offer a comprehensive view of an individual's health by simultaneously measuring multiple analytes in a single test. This allows for a more thorough assessment of various physiological systems, providing a holistic understanding of health status.
   
• Multi-panel tests are particularly valuable for screening purposes, allowing for the simultaneous assessment of markers related to conditions such as diabetes, cardiovascular disease, liver function, and kidney function. This makes them effective tools for health screening programs.
   

Based on service provider, the health check-up market is fragmented into hospital-based laboratories, standalone laboratories, central laboratories, ambulatory care centers, and other service providers. The hospital-based laboratories segment held the majority market share and accounted for over 54% business share in 2022.
 

• Hospital-based laboratories often offer a wide range of diagnostic services, including a variety of tests and screenings. This allows individuals to undergo comprehensive health check-ups that cover multiple aspects of their well-being in one location
   
• Moreover, hospital-based laboratories are often integrated with other clinical services within the hospital. This integration facilitates seamless communication between healthcare providers, ensuring that test results are effectively communicated to the relevant medical professionals for further evaluation and decision-making.
   
• Furthermore, hospitals are equipped to handle emergency situations and critical care needs. Having a health check-up in a hospital setting ensures prompt access to emergency services if unforeseen health issues are identified during the assessment.
   

North America health check-up market accounted for around USD 18 billion revenue size in 2022 and is predicted to witness substantial market growth over the analysis timeline. The growing demand for health check-ups in North America can be attributed to various factors that reflect a broader societal emphasis on preventive healthcare and an increased awareness regarding importance of routine health assessments.
 

• The aging population in North America has contributed to an increased demand for health check-ups. Older individuals often require more frequent health assessments to monitor and manage age-related health concerns.
   
• The widespread availability of health insurance coverage in the region encourages individuals to undergo regular health check-ups. Many insurance plans cover preventive services, making it more accessible for individuals to prioritize their health.
   
• Many companies in the region have implemented corporate wellness programs that include health check-ups as part of employee benefits. These programs aim to improve employee health, reduce absenteeism, and enhance overall productivity.
   

Furthermore, advances in medical technology and telehealth have made health check-ups more convenient and accessible. The combination of these factors has contributed to a growing demand for health check-ups in North America.
 

Health Check-up Market Share

The health check-up industry is competitive in nature, with various global companies competing to offer superior test kits and panels in this business space. Key players such as Quest Diagnostics Incorporated, Eurofins Scientific, Exact Sciences Corporation, and Quidel Corporation hold a considerable share in this market. These companies are focusing on improving their industry footprints through novel product launches, collaborations, and other business strategies.
 

Some of the eminent market participants operating in the health check-up industry include

• Quest Diagnostics Incorporated
• Eurofins Scientific
• GRAIL
• Exact Sciences Corporation
• Quidel Corporation
• UNILABS
• Natera, Inc.
• Innova Medical Group
• Sonic Healthcare Limited
• Cerba Healthcare
• Trinity Biotech
   

Health Check-up Industry News

• In November 2023, Universal DX announced a strategic partnership with Quest Diagnostics, a U.S. based supplier of diagnostic information services, to improve colorectal cancer screening in the U.S. Under the commercial agreement, Quest intends to perform and provide clinical laboratory services to providers and patients in the U.S. based on UDX's Signal-C, an advanced colorectal cancer screening blood test.
   
• In September 2023, GRAIL, LLC,  and Point32Health, announced the expansion of their pilot project to offer GRAIL's groundbreaking Galleri multi-cancer early detection screening test. This development may open new avenues for the company and enhance its industry presence.
   

Health check-up market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments

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By Type, 2018-2032 (USD Million)

• General health check-up
• Specialized health check-up
• Preventive health check-up
• Routine and wellness health check-up

By Test Type, 2018-2032 (USD Million)

• Complete blood count test
• Blood glucose test
• Kidney function test
• Bone profile test
• Electrolyte test
• Liver function test
• Lipid profile test
• Cardiac biomarkers
• Hormones & vitamins
• Tumor markers
• Other types

By Sample Type, 2018-2032 (USD Million)

• Blood
• Urine
• Saliva
• Other sample types

By Panel Type, 2018-2032 (USD Million)

• Single-test panels
• Multi-test panels

By Service Provider, 2018-2032 (USD Million)

• Hospital-based laboratories
• Standalone laboratories
• Central laboratories
• Ambulatory care centers
• Other service providers

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East & Africa