The Philippines corporate wellness market size reached USD 1,413.00 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,407.58 Million by 2033, exhibiting a growth rate (CAGR) of 6.10% during 2025-2033. In the Philippines, organizations are increasingly realizing the heightened health awareness among workers. Moreover, the Philippines government is actively endorsing wellness programs through public health policies that invite corporate involvement. Additionally, increasing corporate expenses related to health problems is expanding the Philippines corporate wellness market share.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 1,413.00 Million |
Market Forecast in 2033 | USD 2,407.58 Million |
Market Growth Rate 2025-2033 | 6.10% |
Enhancing Health Consciousness Among Staffs
In the Philippines, organizations are increasingly realizing the heightened health awareness among workers. Workers are now focusing more on their well-being, and companies are introducing wellness programs to boost productivity and minimize absenteeism. Companies are integrating health-oriented programs like fitness schemes, stress management sessions, and mental health care systems. By addressing such demands, companies are promoting healthier workplaces. Workers are increasingly participating in preventive health interventions, leading businesses to create customized wellness plans. These programs are becoming increasingly common as employers realize the long-term gains from having a healthier labor force. Because workers are speaking louder about what they need for their health, businesses are reshaping their corporate wellness programs to keep pace with this phenomenon, propelling the market growth. mWell, the digital health division of Metro Pacific Health, a subsidiary of Metro Pacific Investments Corp., which is one of three main Philippine entities of Hong Kong’s First Pacific Co. Ltd., alongside Philex Mining Corp. and PLDT, Inc., unveiled Wellness@Work on May 23, 2025, a collection of adjustable programs designed to foster a healthier and more efficient workforce. The suite offers HR stakeholders a dashboard to oversee all elements of employee wellness in a single location.
Government Initiatives Promoting Wellness
The Philippine government is actively endorsing wellness programs through public health policies that invite corporate involvement, thereby contributing to the Philippines corporate wellness market growth. Public awareness initiatives on the value of employee health are being driven by government-led initiatives, with campaigns focusing on physical health, mental well-being, and work-life balance. More companies are finding alignment between their wellness programs and national health objectives as these efforts gain momentum, building a healthier workforce. Incentives are also being provided by the government to businesses that introduce wellness programs, and more businesses are being encouraged to invest in employee health. With a conducive regulatory framework, companies are embarking on corporate wellness solutions in greater numbers, driving the market. This is assisting in creating awareness at a national level about the role of a healthy workforce in stimulating the economy's productivity.
Increasing Corporate Expenses Related to Health Problems
Firms in the Philippines are facing substantial expenses related to health concerns like employee absenteeism, medical bills, and productivity decline. These increasing expenses are encouraging businesses to invest in corporate wellness initiatives as a preventive strategy to minimize long-term healthcare costs. Businesses are readily concentrating on lowering health issues by giving their employees access to health check-ups, wellness visits, and other preventive care. Through early intervention on health issues, companies are reducing the economic costs associated with chronic disease and workplace accidents. As a result, the reduction in insurance claims and health care expenses, coupled with an increase in employee morale and job satisfaction, is helping alter attitudes and spark change. With the increasing obviousness of the direct connection between health expenditures and corporate performance, companies are steadily embracing holistic wellness solutions, driving the corporate wellness market. In 2024, the Philippines government made PhilHealth mandatory for employees in order to make them access basic healthcare. The program helps cover surgeries, hospitalization, and doctor consultations.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on service, category, delivery, and organization size.
Service Insights:
The report has provided a detailed breakup and analysis of the market based on the service. This includes health risk assessment, fitness, smoking cessation, health screening, nutrition and weight management, stress management, and others.
Category Insights:
A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes fitness and nutrition consultants, psychological therapists, and organizations/employers.
Delivery Insights:
A detailed breakup and analysis of the market based on the delivery have also been provided in the report. This includes onsite and offsite.
Organization Size Insights:
A detailed breakup and analysis of the market based on the organization size have also been provided in the report. This includes small scale organizations, medium scale organizations, and large scale organizations.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Services Covered | Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition and Weight Management, Stress Management, Others |
Categories Covered | Fitness and Nutrition Consultants, Psychological Therapists, Organizations/Employers |
Deliveries Covered | Onsite, Offsite |
Organization Sizes Covered | Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations |
Regions Covered | Luzon, Visayas, Mindanao |
Customization Scope | 10% Free Customization |
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) |