Europe Occupational Health Market Size, Trends, Opportunities, Growth Analysis 2030

The Europe Occupational Health Market was valued at US$ 1,761.81 million in 2022 and is expected to reach US$ 2,284.05 million by 2030; it is estimated to grow at a CAGR of 3.3% from 2022 to 2030.

Employer-Sponsored Medical Coverage Drives Europe's Occupational Health Market

Employer-sponsored health insurance (ESHI) is a cornerstone of Europe's healthcare system, covering nearly 200 million individuals and driving innovation in workplace health. However, rising premiums pose affordability challenges, particularly for family businesses. Supportive policy provisions, which limit employee premium increases and control overall healthcare costs, are crucial for maintaining affordable job-based insurance. These policies also protect insurers from excessive costs and curb price gouging by dominant healthcare providers. By controlling ESHI costs, governments aim to increase wages, boost job growth, lower premiums and cost-sharing for families, and reduce the burden on taxpayers, thereby expanding access to affordable healthcare and fueling the growth of the Europe occupational health market.

Europe Occupational Health Market Segments Covered

Europe Occupational Health Market By Offering

• Product
• Solution
• Service

Europe Occupational Health Market By Category

• Safety
• Chemicals
• Biological
• Physical & Environmental
• Ergonomics
• Vaccination & immunizations

Europe Occupational Health Market By Employee Type

• Remote
• Hybrid
• Physical Presence

Europe Occupational Health Market By Site Location

• On-Site
• Off-Site
• Shared-Site

Europe Occupational Health Market By Type

• Physical Wellbeing and Social & Mental Wellbeing

Europe Occupational Health Market Regions and Countries Covered

Europe

• UK
• Germany
• France
• Russia
• Italy
• Rest of Europe

Europe Occupational Health Market leaders and key company profiles

• Axa SA
• Cope Occupational Health Services Ltd
• Cority Software Inc
• Medigold Health Consultancy
• UL Solutions Inc

Europe Occupational Health Market Overview

The Europe occupational health market, encompassing Germany, the UK, France, Italy, Spain, and the rest of Europe, is driven by the high prevalence of work-related diseases. In Germany, occupational disorder cases surged to 123,228 in 2021, a threefold increase from 2020, while workplace accidents rose by 5.8% to 804,774. In the UK, approximately 1.7 million people suffered from work-related illnesses between 2020 and 2021, with stress, depression, anxiety, and musculoskeletal disorders being prevalent. This increasing burden of occupational diseases and disorders across Europe is driving demand for occupational health software and services.

Government agencies and organizations like the International Labour Organization (ILO) are actively working to improve employee health and safety. Germany, for example, has a comprehensive national occupational safety and health (OSH) management system aligned with ILO conventions, having ratified 83 ILO conventions.  

In the UK, the Health and Safety Executive (HSE) promotes, regulates, and enforces workplace health and safety, while collaborating with organizations like Professional Organisations in Occupational Safety and Health (POOSH) Scotland. 

Italy's Ministry of Labour and Health, in partnership with Regional Coordination Committees and social partners, oversees workplace safety and health, providing legislative advice, oversight, and health promotion. The national information system for workplace prevention guides and evaluates prevention efforts. Inail, Italy's Focal Point, coordinates the European Agency for Safety and Health at Work's national network. These combined efforts across Europe are expected to improve employee healthcare and drive growth in the occupational health market from 2022 to 2030.

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights