This Corporate Wellness Market report presents the main basic progress of the market, including dispatching new products / services, inquiries and improvements, associations, mergers and acquisitions, understanding of organized efforts and joint business, and regional development of essential companies in the market and worldwide markets. Providing key insights related to the industry, this Corporate Wellness Market report provides in-depth analysis of the latest trends, current and future business scenarios, Corporate Wellness Market size and share.
Employers providing such programs have noticed a significant rise in productivity. In addition, companies in U.K. initiated the Fit for Work service, which offers a tax benefit of USD 663.3 per year. Organizations are providing wearables, such as Fitbit, Apple watch, and Google watches, to employees to help them keep track of health parameters, such as heart rate and blood pressure. North America led the overall Corporate Wellness Market , in terms of revenue share, in 2018. According to a survey by Benefits Canada conducted on 1300 employers, North America had the highest number of corporate wellness programs. More than 80% of the employers in the region offer such services to their employees.
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The Global Corporate Wellness Market is expected to reach USD 84.67 billion by 2025, from USD 50.20 billion in 2017 growing at a CAGR of 6.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Some of the major players operating in the global corporate wellness market are Optum, Inc. (United Health Group), Sodexo, JLT Australia (RecovreGroup), Trotter Wellness, ProvantHealth (Hooper Holmes, Inc.), BupaWellness Pty Ltd (BupaGroup), FitLinxx, Corporate Wellness Solutions, SOL Wellness, ComPsych Corporation, ConneXions Asia, CC Group, Truworth Wellness, EXOS, Wellness Corporate Solutions, Central Corporate Wellness, TruworthWellness, CXA Group Pte.Limited, Marino Wellness , Wellness Corporate Solutions , Premise Health , TotalWellness and SOL are among the others.
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The report also discusses key drivers for market growth, opportunities, challenges and risks facing key manufacturers and markets as a whole. It also analyzes key emerging trends and their impact on current and future development.
Corporate Wellness Service Outlook
- Health Risk Assessment
- Smoking Cessation
- Health Screening
- Nutrition & Weight Management
- Stress Management
Corporate Wellness End Use Outlook
- Small-scale Organizations
- Medium-scale Organizations
- Large-scale Organizations
Corporate Wellness Category Outlook
- Fitness & Nutrition Consultants
- Psychological Therapists
Further key findings from the study suggest:
- Health risk assessment segment led the market in 2018. Stress management will be the fastest-growing segment from 2019 to 2026 due to rising preference for on-site yoga and meditation services
- Large-scale organization is likely to be the dominant end use segment in the corporate wellness market in 2018 as infrastructure in these companies makes conducting wellness services easier and convenient
- Wellness services providing organizations led the market in 2018 and fitness & nutrition consultants segment is anticipated to witness the fastest growth over the forecast period
Major Table of Contents: Corporate Wellness Market
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Corporate Wellness Market, By Application
6 Global Corporate Wellness Market, By Airspeed
7 Global Corporate Wellness Market, By Solution
8 Global Corporate Wellness Market, By Alignment
9 Global Corporate Wellness Market, By Geography
10 Key Developments
11 Company Profiling
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Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)