Precision Business Insights
Portfolio

 

Research Reports

Global Corporate Wellness Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Corporate Wellness Market: By Delivery Model (Onsite, Offsite), By Program Type (Nutrition and Weight Management, Stress Management, Smoking Cessation, Fitness Services, Health Education Services, Health Risk Assessment, Health Screening, Others), By End User (Private Sector Businesses, Public Sector Businesses, Non-Profit Organizations, Others), and Geography.

 

Market Outline: Global Corporate Wellness Market

 

Corporate wellness programs are designed to encourage and support the wellness in employees by creating organizational culture of health. Corporate wellness programs consist of various activities such as health education, weight management programs, medical screenings, and on-site fitness programs. Corporate wellness programs found in corporate offices, small and large corporations, and factories among others.

 

Market Dynamics: Global Corporate Wellness Market

 

Increase in prevalence of non-communicable diseases such as diabetes, cardiac disorders, and cancers among the employee drives the global corporate wellness market. Moreover, reduce in the cost of insurance and healthcare services due to huge competition between the market players, rapid industrialization in developed and developing countries, government initiations to mandate the wellness programs in the corporate sector, and expansion of wellness services by the providers are fuel the global corporate wellness market over the forecast years. However, increase in the cost of wellness programs due to inefficient execution plan, chances for the misuse of data, and low participation of employees in wellness programs are hinder the growth of global corporate wellness market.

 

Global corporate wellness market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2023.

 

Market Scope: Global Corporate Wellness Market

Global corporate wellness market is segmented based on delivery model, program type, and end user

 

Based on delivery model, market is segmented into the following:

  • Onsite
  • Offsite

 

Based on the program type, market is segmented into the following:

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

 

Based on the end users, the market is segmented into the following:

  • Private Sector Businesses
  • Public Sector Businesses
  • Non-Profit Organizations
  • Others

 

Regional Analysis: Global Corporate Wellness Market

 

Geographically, global corporate wellness market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America corporate wellness market is poised to grow due to entry of market players to provide in-house services by offering memberships on discount, strict government regulations to provide the well programs for employee, and rise in organizational profits  are fuel the market. Europe corporate wellness market is driving by increase in number of corporate companies in France, Germany, and UK, rise in prevalence of obesity and other non-communicable diseases among the employees, and rise in awareness about the health among the individuals are surge the market.  However, Asia pacific corporate wellness market recording the fastest growth attributed to high adoption of wellness programs in India, china, Japan, and ASEAN countries, rise in prevalence of chronic diseases, and rapid economic growth are bolster the market.

 

Competition Assessment: 

 

  • FITBIT, Inc. (U.S.)
  • Beacon Health Options. (U.S.)
  • Provant Health Solutions, LLC (U.S.)
  • ComPsych Corporation. (U.S.)
  • ADURO, Inc. (U.S.)
  • Marino Wellness (U.S.)
  • TotalWellness Health (U.S.)
  • Wellness Corporate Solutions (U.S.)
  • Kinema Fitness Inc (U.S.)
  • EXOS (U.S.)

 

Notable Market Developments:

  • In February 2018, Fitbit acquired healthcare startup Twine Health to enhance healthcare service offerings in the U.S
  • FITBIT, Inc. (U.S.)
  • Beacon Health Options. (U.S.)
  • Provant Health Solutions, LLC (U.S.)
  • ComPsych Corporation. (U.S.)
  • ADURO, Inc. (U.S.)
  • Marino Wellness (U.S.)
  • TotalWellness Health (U.S.)
  • Wellness Corporate Solutions (U.S.)
  • Kinema Fitness Inc (U.S.)
  • EXOS (U.S.)

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

 

Ask An Analyst

 

Contact SalesTOLL FREE: +1-866-598-1553