The global demand for Corporate Wellness Market is presumed to reach the market size of nearly USD 88.03 MN by 2028 from USD 61 MN in 2021 with a CAGR of 5.38% under the study period 2022 - 2028.
Corporate wellness refers to corporations implementing various programmes to promote the health and wellbeing of their workforce. It entails health promotion techniques, legislation, and other advantages to improve health and increase productivity. Weight management, exercise services, nutrition and dietary facilities, stress management activities, health screening, and smoking cessation programmes are all available to the employees. Large and medium-sized businesses also provide nap rooms, wearable health monitors, gym services, yoga sessions, and mindfulness classes. Corporate wellness programmes help to improve employee retention, recruitment, corporate culture, and the worksite environment.
The rising prevalence of chronic lifestyle diseases caused by sedentary lifestyles, harmful dietary patterns, excessive stress levels, and overexposure to digital displays is driving the global corporate wellness industry. Furthermore, rising organisational awareness about employee health and wellbeing worldwide propels market growth. The unexpected outbreak of the coronavirus illness (COVID-19) is giving wellness service providers even more business potential. They are using virtual ways to connect employees with psychologists and health coaches to treat mental and stress-related issues caused by isolation among professionals. Additionally, the execution of favourable government regulations and the creation of comprehensive insurance plans promoting the usage of telemedicine to benefit public health are contributing to the market growth. Other factors, such as raising public awareness of health issues and significant improvements in healthcare infrastructure, particularly in developing economies, are expected to propel the market forward.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of corporate wellness. The growth and trends of corporate wellness industry provide a holistic approach to this study.
This section of the corporate wellness market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Health Risk Assessment
- Health Screening
- Smoking Cessation
- Stress Management
- Nutrition & Weight Management
By Delivery Model
- Psychological Therapists
- Fitness & Nutrition Consultants
- Large Scale Organizations
- Medium Scale Organizations
- Small Scale Organizations
This section covers the regional outlook, which accentuates current and future demand for the Corporate Wellness market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Corporate Wellness Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the corporate wellness market include ComPsych, Wellness Corporate Solutions, Virgin Pulse, Provant Health Solutions, EXOS, Marino Wellness, Privia Health, Vitality Group, Wellsource, Inc., Central Corporate Wellness, Truworth Wellness, and SOL Wellness, Well Nation, ADURO, INC., Beacon Health Options, Fitbit, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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