UAE Corporate Wellness Market

UAE Corporate Wellness Market Overview:

The UAE corporate wellness market is projected to exhibit a growth rate (CAGR) of 6.10% during 2024-2032. The increasing awareness of employee health, growing focus on enhancing employee productivity and retention, rising healthcare costs, government initiatives promoting workplace wellness, increasing adoption of comprehensive wellness programs by companies, and rising prevalence of lifestyle-related diseases are some of the major factors propelling the growth of the market.

UAE Corporate Wellness Market Trends:

Increasing Awareness of Employee Health

The growing recognition among employers of the importance of maintaining employee health and well-being is driving the demand for wellness programs. According to Clause 13 of Article 13 of Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations in the Private Sector (the UAE labour law), the employer is obliged to provide a safe and appropriate work environment to his employees. Both the employer and the employee must comply with all controls and procedures issued by the Ministry of Human Resources and Emiratisation (MoHRE) and other competent authorities of the country regarding occupational health and safety. For instance, in April 2024, the Cabinet of the United Arab Emirates (U.A.E.) recently announced that starting in 2025, all private-sector employers will be required to provide their foreign employees with health insurance coverage. Employers in the emirates of Abu Dhabi and Dubai are already required to provide health insurance coverage for their foreign employees (as well as for dependents in Abu Dhabi); the newly announced measure will extend the mandate to the remaining five emirates.

Rising Focus on Enhancing Productivity and Retention

Companies are increasingly focusing on enhancing employee productivity and retention rates by providing wellness programs that improve overall job satisfaction and reduce turnover. For instance, in October 2023, Abu Dhabi National Insurance Company (ADNIC), a leading regional insurance provider, launched a technical insurance development initiative for UAE national employees. The training programme signifies ADNIC's commitment to investing in the professional growth of UAE citizens. Similarly, in March 2024, addressing the pressing need for financial security among Indian blue-collar workers in the UAE, a revolutionary Life Protection Plan (LPP) was launched in the country, specifically designed for Indian expatriates, especially blue-collar workers.

UAE Corporate Wellness Market News:

• In May 2024, The National Health Insurance Company – Daman, part of PureHealth, announced the launch of its first non-health insurance product, The Daman Gratuity and Employee Benefits (GEB) Trust. Companies can now manage their end-of-service (EOS) liability for expatriate employees in the UAE and offer employees separate personal savings plans through the new service.
• In April 2024, Cigna Healthcare, the leading global health services company, announced that it organized a series of health checks and information sessions to support manual and low-paid workers in the UAE. The sessions supported hundreds of blue and pink collared workers in understanding their health insurance benefits, rights, and the importance of health check-ups and health and safety in the workplace.

UAE Corporate Wellness Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on service, category, delivery, and organization size.

Service Insights:

• Health Risk Assessment
• Fitness
• Smoking Cessation
• Health Screening
• Nutrition and Weight Management
• Stress Management
• Others
   

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:

• Fitness and Nutrition Consultants
• Psychological Therapists
• Organizations/Employers
   

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:

• Onsite
• Offsite
   

The report has provided a detailed breakup and analysis of the market based on the delivery. This includes onsite and offsite.

Organization Size Insights:

• Small Scale Organizations
• Medium Scale Organizations
• Large Scale Organizations
   

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:

• Dubai
• Abu Dhabi
• Sharjah
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Dubai, Abu Dhabi, Sharjah, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. 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.

UAE Corporate Wellness Market Report Coverage:

Key Questions Answered in This Report:

• How has the UAE corporate wellness market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the UAE corporate wellness market?
• What is the breakup of the UAE corporate wellness market on the basis of service?
• What is the breakup of the UAE corporate wellness market on the basis of category?
• What is the breakup of the UAE corporate wellness market on the basis of delivery?
• What is the breakup of the UAE corporate wellness market on the basis of organization size?
• What are the various stages in the value chain of the UAE corporate wellness market? 
• What are the key driving factors and challenges in the UAE corporate wellness?
• What is the structure of the UAE corporate wellness market and who are the key players?
• What is the degree of competition in the UAE corporate wellness market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UAE corporate wellness market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the UAE corporate wellness market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UAE corporate wellness industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.