New York, NY, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Corporate Wellness Market By Service (Nutrition and Weight Management, Fitness Services, Health Risk Assessment, Stress Management, Smoking Cessation, Health Screening, Alcohol and Drug Abuse Services, Health Education Services, Biometric Screening, and Others), By Category (Fitness & Nutrition Consultants, Psychological Therapists, and Organizations/Employers), By Delivery Model (Onsite and Offsite), By End-Use Industry (Private Sector, Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations, Public Sector and NGO): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” in its research database
“According to the latest research study, the demand of global Corporate Wellness Market size & share expected to reach to USD 100 Billion by 2026 from USD 61.3 Billion in 2020, at a compound annual growth rate (CAGR) of 8.5% during the forecast period 2021 to 2026”
Global Corporate Wellness Market: Overview
Corporate wellness refers to the use of a variety of programs by companies in order to improve their employees' health and well-being. It entails health promotion initiatives, policies, and other advantages aimed at improving health and increasing productivity. Weight loss, nutrition, and dietary services, fitness, health screenings, stress management activities, and smoking cessation sessions are all available. Large and medium-sized businesses are also providing nap rooms, as well as wearable health trackers, gym memberships, yoga sessions, and mindfulness classes. These programs can help with employee retention, organizational culture, and the work environment. For instance, the World Health Organization (WHO) estimates that over 1.1 billion individuals smoked tobacco in 2015. Tobacco kills more than 7 million people per year throughout the world. Low- and middle-income countries account for about 80% of the world's 1.1 billion smokers.
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- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 205+ Pages Research Report (Inclusion of Updated Research)
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- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- ComPsych
- Wellness Corporate Solutions
- ADURO
- Inc
- Virgin Pulse
- EXOS
- Marino Wellness
- Provant Health Solutions
- Vitality Group
- Wellsource Inc.
- Central Corporate Wellness
- Privia Health
- Truworth Wellness
- SOL Wellness
- Well Nation
- Beacon Health Options
- Fitbit
- Sodexo Group
- Bupa Wellness Pty Ltd
- Quest Diagnostics and Healthifyme
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Key questions answered in this report:
- What is the projected market size & growth rate of the Corporate Wellness Market?
- What are the key driving factors for the growth of the Corporate Wellness Market?
- What are the top companies operative in Corporate Wellness Market?
- What segments are covered in Corporate Wellness Market?
- How can I get free sample report/company profiles of the Corporate Wellness Market?
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COVID-19 Impact Analysis on Corporate Wellness Market
The COVID-19 pandemic has had a negative influence on employees' mental health. It ushered in the work-from-home phase, which produced a lot of stress among employees due to a sense of isolation. Furthermore, the pandemic wreaked havoc on the economy, causing a financial crisis for many people, negatively impacting their mental health. To counteract the problem, wellness service providers are employing virtual methods to provide services such as consultations with psychologists and health coaches.
Market Dynamics
- Rising Corporate Wellness Programs
Organizations are actively using corporate wellness programs to promote employee performance and wellbeing, eliminate risk, and minimize healthcare expenses. Companies are aware of the significance of maintaining a mental and physically fit workforce. As a result, firms are spending more on employee wellness programs, solutions, and services. According to the 2019, United Healthcare Wellness Checkup Survey, US firms are anticipated to invest an average of more than USD 3.6 million on their separate wellness programs. This significant investment has had a demonstrable positive impact on staff health and happiness. These variables point to a rising trend of corporate wellness program adoption over the projection period.
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Global Healthcare Assistive Robot Market: Report Scope
| Report Attribute | Details |
| Market Size 2020 Value | USD 61.3 Billion |
| Market Forecast for 2026 | USD 100 Billion |
| Expected CAGR Growth | CAGR 8.5% from 2021-2026 |
| Base Year | 2020 |
| Forecast Year | 2021-2026 |
| Top Market Players | ComPsych, Wellness Corporate Solutions, ADURO, Inc, Virgin Pulse, EXOS, Marino Wellness, Provant Health Solutions, and Others |
| Segments Covered | Service, Category, Delivery Model, End-Use Industry, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
Global Corporate Wellness Market: Segmentation
The global corporate wellness market is segmenting into service, category, delivery model, and end-use industry. The service segment is further categorized into nutrition and weight management, fitness services, health risk assessment, stress management, smoking cessation, health screening, alcohol and drug abuse services, health education services, biometric screening, and others. The category segment is classified into fitness & nutrition consultants, psychological therapists, and organizations/employers. Based on the delivery model, the market is classified into onsite and offsite. On the basis of the end-use industry, the market is further bifurcated into the private sector, small scale organizations, medium scale organizations, large scale organizations, public sector, and NGO.
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Global Corporate Wellness Market: Regional Analysis
- North America Dominated The Corporate Wellness Market
The United States accounted for the highest market share in the North American region since stress is a major health problem affecting the US population. Gap Healthcare Group Inc., a Canadian firm, provides a 1-hour Corporate Wellness Workshop that includes a lecture on specific lifestyle issues such as smoking cessation or stress management. It aims at encouraging a healthy lifestyle to employees via the use of universal learning concepts, case studies, and methodologies to give practical health knowledge, tools, and resources. Employee wellness initiatives are becoming an increasingly essential tool for attracting top talent and improving the standard of living for their staff. Thereby, certain developments in improving the health promotion of employees are expanding the market growth in recent years.
Browse the full report “Corporate Wellness Market By Service (Nutrition and Weight Management, Fitness Services, Health Risk Assessment, Stress Management, Smoking Cessation, Health Screening, Alcohol and Drug Abuse Services, Health Education Services, Biometric Screening, and Others), By Category (Fitness & Nutrition Consultants, Psychological Therapists, and Organizations/Employers), By Delivery Model (Onsite and Offsite), By End-Use Industry (Private Sector, Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations, Public Sector and NGO): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026.” at https://www.fnfresearch.com/corporate-wellness-market
The global corporate wellness market is segmented as follows:
By Service:
- Nutrition and Weight Management
- Fitness Services
- Health Risk Assessment
- Stress Management
- Smoking Cessation
- Health Screening
- Alcohol and Drug Abuse Services
- Health Education Services
- Biometric Screening and Others
By Category:
- Fitness & Nutrition Consultants
- Psychological Therapists
- Organizations/Employers
By Delivery Model:
- Onsite
- Offsite
By End-Use Industry:
- Private Sector
- Small Scale Organizations
- Medium Scale Organizations
- Large Scale Organizations
- Public Sector
- NGO
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