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Oct 8, 2020 9:00 AM ET

Global Workplace Stress Management Market Set for Rapid Growth, to reach Value USD 12.51 billion by 2025


iCrowd Newswire - Oct 8, 2020

Zion Market Research has published a new report titled “Workplace Stress Management Market by Service (Meditation & Yoga, Stress Assessment, Progress Tracking Metrics, Resilience Training, and Others), Delivery Mode (Personal Fitness Advisors, Meditation Specialists, Individual Counselors, and Others), and Activity (Outdoor and Indoor): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025” According to the report, global demand for Workplace Stress Management market was valued at approximately USD 6.93 billion in 2018, and is expected to generate revenue of around USD 12.51 billion by end of 2025, growing at a CAGR of around 8.9% between 2019 and 2025.

Stress is a foremost health concern of contemporary times which affects a lot of people all over the world. Extreme stress at workplace has a major impact on performance, productivity, and emotional as well as physical wellbeing of the staff. There are several types of stress which individuals undergo. Workplace stress is considered as one of the highly common kinds of stress. Anxiety, depression, chronic headache, fatigue, and apathy are common symptoms of extreme workplace stress. Stress management at workplace has developed into an important feature of healthcare.

Factors such as increasing awareness concerning stress management, growing competition at offices, global financial slowdown, constant downsizings, and efforts taken by businesses to create consciousness regarding office stress managing will act as main driving factors in the development of global workplace stress management market. Growing focus on safety and health laws and increasing attractiveness regarding yoga and some more health associated activities will act as an opportunity for the market players in the workplace stress management market. Nonetheless, deficiency of awareness in emerging regions and dearth of trained therapists will restrict the growth of global workplace stress management market.

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The global workplace stress management market has been split into delivery mode, service, and activity. The delivery mode segment has been divided into personal fitness advisors, meditation specialists, individual counselors, and others. The personal fitness advisors segment accounted for the highest market share in 2018 due to growing number of fitness center chains.

Based on service, workplace stress management market has been segmented into meditation & yoga, stress assessment, progress tracking metrics, resilience training, and others. The stress assessment segment accounted for the highest market share in 2018 due to growing popularity of stress assessment techniques. The activity segment has been divided into outdoor and indoor.

North America will be the leading region during the forecast period. U.S. accounted for the highest share in the North America region due to presence of employee welfare programs, growing popularity of yoga, and high number of working individuals. Europe is expected to be the second major market. The key reasons are presence of skilled counselors and high healthcare expenditure. Asia Pacific will grow at the topmost CAGR due to high working population, growing trends of fitness, and increasing demand for stress management programs. The Latin America region will grow at a significant rate during the assessment period. The Middle East & Africa region is expected to exhibit definite progression in the anticipated time-frame.

The report also includes detailed profiles of key players such as ActiveHealth Management, Fitbit, Marino Wellness, ComPsych, Wellness Corporate Solutions (WCS), Truworth Wellness, Central Corporate Wellness, CuraLinc Healthcare, and Wellsource, Inc. among others.

This report segments the Global Workplace Stress Management Market as follows:

Global Workplace Stress Management Market: By Service

Global Workplace Stress Management Market: By Delivery Mode

Global Workplace Stress Management Market: By Activity

Global Workplace Stress Management Market: By Region

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Keywords:    Workplace Stress Management Market

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