Corporate Wellness Market size was valued at US$ 56.54 Bn in 2021 and the total revenue is expected to grow at 7.1 % through 2022 to 2029, reaching nearly US$ 97.89 Bn.
Corporate Wellness Market Overview:
The report on the Corporate Wellness market is emphasised on the detailed analysis of the Corporate Wellness market. The report covers industry potential, latest trends, regulatory scenario and Sales growth forecasts at global, regional segment, & national market levels. Industry rivalry for predicted periods and individual firm valuations, are all included in Corporate Wellness market research.
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Market Scope:
The report includes information on value & volume-based information across various segments comprising product types and applications. The report contains a detailed estimation of the latest trends in continuation with multiple challenges. A detailed global Corporate Wellness market overview of market valuation, profits estimates, and market statistics is integral to the report. The global market report aims to help readers understand the competitive spectrum of the market. It incorporates key market sections, the extent of items offered in the years considered, and study goals. Moreover, it contacts the country study given in the report based on the type of product and applications.
Segmentation:
Based on category, the global corporate wellness market is segmented into fitness and nutrition coaches, organizations/employers, and psychotherapists. The organization/employer segment is expected to hold the largest market share at 50.3% in 2021 and maintain its leading position during the forecast period. Service providers provide both in-house and outsourced health care services to both large and small businesses. On-site fitness, including yoga and meditation, is growing in popularity. Therefore, the fitness and nutrition consultancy segment is anticipated to register a growth rate of xx% during the forecast period owing to the growing awareness of safe healthcare. Health Advisors offer several elements such as exercise, personality strength and nutrition related to behavioral health. Many programs offer different solutions according to individual health conditions, thereby driving growth in the segment.
Based on end users, the global corporate wellness market is segmented into small organizations, medium organizations, large organizations, and others. The large organizations segment held the largest market share at 52.8% in 2021. According to well-documented research, an integrated management program can give a 3.
1 Yield. Programs and services can be integrated into the formation of large companies. Small businesses can benefit from trade associations and service agreements.
North America will dominate the global corporate wellness market during the forecast period 2022-2029. North America has her largest market share in 2021 at 42%. Lifestyle changes associated with increased incidence of chronic diseases (cardiovascular disease, obesity, diabetes), rising healthcare costs, and increased acceptance of wellness activities in the United States and Canada due to the presence of wellness provider companies. According to the RAND Employer Survey, nearly 50% of US employers offer wellness programs to their employees. Larger employers offer more complex wellness initiatives.
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Key players:
• ComPsych
• Wellness Corporate Solutions
• Virgin Pulse
• Provant Health Solutions
• EXOS
• Marino Wellness
• Privia Health
• Vitality Group
• Wellsource, Inc.
• Central Corporate Wellness
• Truworth Wellness
• SOL Wellness
• Well Nation
• ADURO, INC.
• Beacon Health Options
• Fitbit, Inc.
• Aptora
• Alyfe Wellbeing Strategies
• Burner Fitness
• Sodexo Group
• MediKeeper
• Rival Health
The research report updates the user on the current market size of the Corporate Wellness market and their growth rates, based on records and financial information with a company profile of key players.
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Regional analysis:
The Corporate Wellness Industry Research examines the market's key geographies, as well as notable segments and sub-segments. This Corporate Wellness market study includes figures, geographies, and revenue, as well as an in-depth look at the business chain structure, opportunities, and industry news.
We use different methodologies such as PESTAL and PORTAL analyses to help you better understand the Corporate Wellness market in a certain region. Our study also includes key players of the market from various regions, as well as information on their business strategies and statistics
Key Questions answered in the Corporate Wellness Market Report are:
- Which product segment grabbed the largest share in the Corporate Wellness market?
- How is the competitive scenario of the Corporate Wellness market?
- Which are the key factors aiding the Corporate Wellness market growth?
- Which region holds the maximum share in the Corporate Wellness market?
- What will be the CAGR of the Corporate Wellness market during the forecast period?
- Which application segment emerged as the leading segment in the Corporate Wellness market?
- Which are the prominent players in the Corporate Wellness market?
- What key trends are likely to emerge in the Corporate Wellness market in the coming years?
- What is the expected global Corporate Wellness market size by 2027?
- Which company held the largest share in the Corporate Wellness market?
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