The well being teaching market is predicted to develop by no less than $1.7 billion, or at a 5.four p.c annual tempo, by 2022, in accordance to new research data published by Marketdata LLC, Tampa, Florida.
Moreover, markets for weight-loss packages, bodily remedy clinics, sleep support and meditation are anticipated to see main development because of rising demand.
“Area of interest healthcare markets are multi-billion-dollar sectors with good development histories and future potential as America ages,” Marketdata Analysis Director John LaRosa mentioned in a media launch. “Most sectors proceed to develop and are recession-resistant. A few of these markets are ripe for consolidation and roll-ups as they’re fragmented and comprised of many small operators.”
Marketdata estimates that the well being teaching providers market, at present valued at $6.14 billion, is poised to develop to $7.85 billion by 2022. There are roughly 121,000 well being coaches training in the US at present, and insurers will proceed to rent coaches to help with disease-prevention packages with a deal with weight administration and diabetes, Marketdata mentioned.
The load-loss program market, at present valued at $three.74 billion, can also be anticipated to develop at a 6 p.c annual price to $four.eight billion by 2023. Excessive-obesity ranges guarantee continued demand significantly for procedures akin to bariatric surgical procedures.
The $34.5 billion bodily remedy market is one other high-demand space that’s anticipated to develop to $45.7 billion by 2023. This market has grown steadily since 2007 due to its cost-effective strategy to preventative care and surgical procedure restoration.
Moreover, Marketdata famous that the meditation market will develop from its $959 million valuation in 2015 to $2.08 billion by 2022. The sleep aids and sleep labs market is equally located and positioned to develop from $four.three billion in 2017 to $5.43 billion in 2023.
This knowledge was revealed throughout eight separate Marketdata studies that may be bought here.