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The global corporate wellness market size reached US$ 56.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 88.5 Billion by 2027, exhibiting a growth rate (CAGR) of 7.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Corporate wellness refers to the implementation of various program by organizations to promote the health and wellbeing of their employees. It involves health promotion strategies, policies and other benefits to improve health and maximize productive output. They are offered with weight management, fitness services, nutrition and dietary facilities, stress management activities, health screening and smoking cessation sessions. Large and medium-scale organizations are also allocating nap rooms, offering wearable health trackers, gym services yoga sessions and mindfulness workshops. These programs aid in improving employee retention, acquisition, organizational culture and worksite environment.
The global corporate wellness market is primarily being driven by the increasing prevalence of chronic lifestyle diseases caused by sedentary lifestyles, unhealthy dietary patterns, high-stress levels and overexposure to digital screens. Moreover, rising organizational awareness regarding employee health and wellbeing across the globe is providing a thrust to the market growth. They are adopting virtual methods to connect employees with psychologists and health coaches for the treatment of mental and stress-related problems triggered in professionals by isolation. Additionally, the implementation of favorable government policies and the launch of comprehensive insurance plans promoting the adoption of telemedicine to promote public health are contributing to the market growth. Other factors, including increasing health consciousness among the masses, along with significant improvements in the healthcare infrastructure, especially in the developing economies, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global corporate wellness market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on service, category, delivery and organization size.
Breakup by Service:
Breakup by Category:
Breakup by Delivery:
Breakup by Organization Size:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Central Corporate Wellness, ComPsych, EXOS, Marino Wellness, Privia Health, Provant Health Solutions, SOL Wellness, Truworth Health Technologies Pvt. Ltd., Virgin Pulse, Vitality, Wellness Corporate Solutions LLC and Wellsource Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Service, Category, Delivery, Organization Size, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Central Corporate Wellness, ComPsych, EXOS, Marino Wellness, Privia Health, Provant Health Solutions, SOL Wellness, Truworth Health Technologies Pvt. Ltd., Virgin Pulse, Vitality, Wellness Corporate Solutions LLC and Wellsource Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global corporate wellness market was valued at US$ 56.9 Billion in 2021.
We expect the global corporate wellness market to exhibit a CAGR of 7.9% during 2022-2027.
The increasing prevalence of various chronic lifestyle diseases, along with rising organizational awareness towards the employee health and wellbeing to maximize productive output, is primarily driving the global corporate wellness market.
The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of virtual methods to connect employees with psychologists and health coaches for the treatment of mental and stress-related problems triggered in professionals, during the lockdown scenario.
Based on the service, the global corporate wellness market has been segmented into health risk assessment, fitness, smoking cessation, health screening, nutrition and weight management, stress management, and others. Among these, health risk assessment currently holds the majority of the total market share.
Based on the category, the global corporate wellness market can be divided into fitness and nutrition consultants, psychological therapists, and organizations/employers. Currently, organizations/employers exhibit a clear dominance in the market.
Based on the delivery, the global corporate wellness market has been categorized into onsite and offsite, where onsite currently accounts for the majority of the global market share.
Based on the organization size, the global corporate wellness market can be segregated into small scale organizations, medium scale organizations, and large scale organizations. Currently, large scale organizations hold the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global corporate wellness market include Central Corporate Wellness, ComPsych, EXOS, Marino Wellness, Privia Health, Provant Health Solutions, SOL Wellness, Truworth Health Technologies Pvt. Ltd., Virgin Pulse, Vitality, Wellness Corporate Solutions LLC, and Wellsource Inc.
Home Healthcare Market by Product (Therapeutic Products, Testing, Screening, and Monitoring Products, Mobility Care Products), Service (Skilled Nursing, Rehabilitation Therapy, Hospice & Palliative Care, Unskilled Care, Respiratory Therapy, Infusion Therapy, Pregnancy Care), Indication (Cancer, Respiratory Diseases, Movement Disorders, Cardiovascular Diseases & Hypertension, Pregnancy, Wound Care, Diabetes, Hearing Disorders, and Others), and Region 2023-2028
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