Corporate Wellness Market Research Report Information by Service (Health Risk Assessment, Fitness, Smoking Cessation, Biometric Screening, Nutrition & Weight Management, Stress Management, Alcohol & Drug Abuse Services, and Others), by Category (Fitness & Nutrition Consultants, Psychological Therapists, and Organizations), by End User (Small-Scale Organizations, Medium-Scale Organizations, and Large-Scale Organizations), and Region (Americas, Europe, Asia-Pacific, and Middle East & Africa)—Forecast till 2030
The corporate wellness market was valued USD 57.3 billion in 2021 and is expected to reach USD 109.4 billion by 2030 at 8.37% CAGR during the forecast period of 2022 to 2030. The corporate wellness market refers to the industry that provides health and wellness programs to employees of companies and organizations. These programs are designed to promote healthy lifestyles and prevent chronic diseases, with the aim of reducing healthcare costs and improving employee productivity and well-being. The COVID-19 pandemic has had a significant impact on the corporate wellness market. With the shift to remote work and increased stress and anxiety levels, there has been a greater demand for mental health support and virtual wellness programs. Many companies have also increased their focus on employee well-being in response to the pandemic, with the goal of retaining and engaging their workforce during a challenging time.
Key Players
Some of the market key players are ComPsych Corporation (US), Wellness Corporate Solutions (US), Virgin Pulse (US), Privia Health (US), UnitedHealth Group (US), Quest Diagnostics (US), EXOS (US), Central Corporate Wellness (Singapore), Sodexo (France), and Vitality Group International, Inc. (US)
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Market Segmentation
The Global corporate wellness market has been segmented into Service, Category and End User
Based on Service: Health risk assessment, Fitness, Smoking cessation, Biometric screening, Nutrition & weight management, Stress management, Alcohol & drug abuse services and Other services
Based on Category: Fitness & nutrition consultants, Psychological therapists and Organizations
Based on End User: Small-scale organizations, Medium-scale organizations and Large-scale organizations
Regional Analysis
The market for corporate wellness programs is segmented by region, with North America, Europe, Asia-Pacific, and the rest of the world being the main markets. North America is the largest market, driven by the high adoption of corporate wellness programs in the United States. Europe is also a significant market, with a growing focus on employee wellness in countries like Germany and the United Kingdom. The Asia-Pacific region is expected to experience the highest growth in the coming years, as companies in countries like China and India increasingly invest in employee wellness programs.
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