The research includes a forecast and analysis of the worldwide and regional corporate wellness markets. The report contains historical data for 2017 and 2018, as well as a revenue prediction from 2020 to 2028. (USD Million). The analysis examines the corporate wellness market’s drivers and restraints, as well as the impact they have on demand throughout the projection period. In addition, the report offers an analysis of worldwide opportunities in the corporate wellness sector.
Many firms and enterprises in a variety of sector verticals have begun to create health programmes for their employees, which will increase market demand. Workplace wellness programmes assist businesses in increasing productivity while decreasing overall operating costs. Rising employee health and wellness awareness is likely to fuel the corporate wellness market.
We have included a competition landscape and an analysis of Porter’s Five Forces model for the market to provide users with a thorough insight of the corporate wellness market. The research includes a market attractiveness analysis, in which all segments are benchmarked based on market size, growth rate, and overall attractiveness.
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Employees’ mental health has been badly damaged by the COVID-19 pandemic. Following its inception, it resulted in the work-from-home transition, which caused a great deal of stress among employees due to a sense of isolation. Furthermore, the pandemic hurt the economy, causing a financial crisis for many people, which negatively impacted their mental health. To address the issue, wellness service providers are turning to virtual ways of delivery, such as sessions with psychologists and health coaches.
Corporate wellness programmes are a collection of policies, programmes, and perks that target a variety of risk factors and conditions, influencing both employees and the firm as a whole. According to the National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), in the United States, corporate wellness and health programmes, as well as disease prevention plans, have the potential to influence more than 150 million employees while significantly lowering healthcare costs.
The study includes company market share data to provide a more comprehensive picture of the market’s top competitors. Furthermore, the report covers key strategic market developments such as acquisitions and mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major market participants on a global and regional basis. Furthermore, the study examines pricing trend analysis and the product portfolios of various companies based on area.
By segmenting the market by service, end-user, and area, the study delivers a decisive picture on the corporate wellness industry. The market has been estimated from 2020 to 2028 based on the analysis of all segments based on current and future trends. The market is divided into service categories such as health risk assessment, fitness, smoking cessation, health screening, nutrition and weight management, stress management, and others. The market is divided into three end-user segments: small-scale organisations, medium-scale organisations, and large-scale organisations.
The geographic section comprises present and anticipated demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, with important countries including the United States, Germany, France, the United Kingdom, China, Japan, India, and Brazil.
Some key players of the global corporate wellness market are Hooper Holmes, Inc., Wellness Corporate Solutions, ComPsych Corporation, United Health Group, Sodexo, Bupa Wellness, Recovre Group, Central Corporate Wellness, Truworth Wellness, CXA Group, SOL Wellness, Virgin Pulse, Inc., Interactive Health, Inc., FitLinxx, Inc., and ConneXions Asia, among others.
This report segments the global corporate wellness market into:
Global Corporate Wellness Market: Service Analysis
Health Risk Assessment
Nutrition and Weight Management
Global Corporate Wellness Market: End-User Analysis
Global Corporate Wellness Market: Regional Analysis
Middle East and Africa
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