Corporate Wellness Market : Global Industry Analysis and Forecast 2021-2027 by Service, Category, End-Users, and Region

mayuri kathade

Aug 9, 2022 • 5 min read

Corporate Wellness Market Overview:

The proposed Corporate Wellness Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.

The Maximize Market Research Report examines a number of factors that support market expansion. The analysis covers market trends, opportunities, difficulties, and elements that either benefit or harm the market. The several industries and uses that might affect the market during the course of the predicted term are also covered in this section. This data is based on both current and historical tendencies. A summary of the production for each kind from 2022 to 2029 is also provided in this section. In this section, the regional output from 2022 to 2029 is discussed. The price ranges for each category, the region, and the entire planet are 2022 to 2029.

Growth Value :

Corporate Wellness Market size was valued at US$ 52.80 Bn in 2020 and the total revenue is expected to grow at 7.1 % through 2021 to 2027, reaching nearly US$ 85.34 Bn.

Market Scope:

The market for Corporate Wellness Market is anticipated to expand at the fastest rate between 2022 and 2029. In addition to examining trends in supply and demand, the Maximize Market Research (MMR) report also examines costs, prices, shares, volumes, sales, and gross profits. The manufacturing unit, capacity, production, factory price, market price, and market share of each company are examined in this MMR data collection.

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Corporate Wellness Market Dynamics:

Corporations are actively using corporate wellness programmes to promote employee performance and wellbeing, eliminate health risks, and reduced employee healthcare expenses. Organizations are increasingly conscious of the need of maintaining a psychologically and physically fit workforce. As a result, businesses have expanded their spending in employee welfare programmes, products, and services.

As per the 2019 United Healthcare Wellness Health check - up Survey, US firms are anticipated to devote an aggregate of more than USD 3.6 million on their separate wellness programmes. This major investment has had a demonstrable significant impact on staff health and happiness. These variables point to a steady increase of employee wellness programme adoption over the forecast period.

Corporate Wellness Market Segmentation:

Based on the Category, the global Corporate Wellness market is segmented into Fitness and nutrition consultants, Organizations/employers, and Psychological therapists. The Organizations/employers segment held the largest market share of 50.3% in 2020 and is expected to remain of its leading position during the forecast period. The service providers provide in-house as well as outsourced health management services for large as well as small scale corporations. The trend of on-site fitness that contains yoga and meditation are becoming popular. Thus, the fitness and nutrition consultants’ segment is expected to witness a growth rate of xx% during the forecast period owing to increasing awareness regarding secured healthcare. Healthcare consultants offer various components including exercise, nutrition coupled with character strength and behavioural health. Many programs provide various solutions dependent upon individual health status, thereby augments segmental growth.

Based on the End-Users, the global Corporate Wellness market is segmented into Small-scale organizations, Medium-scale organizations, Large-scale organizations, and Others. The large-scale organizations segment held the largest market share of 52.8% in 2020. According to well-documented studies, integrated management programmes can give a 3:1 rate of return. Programs and services can be integrated into the foundation of larger companies. Small businesses might profit from corporate associations and service contracting.

Some of the companies competing in the Corporate Wellness Market

• Central Corporate Wellness
• Truworth Wellness
• SOL Wellness
• Well Nation
• ADURO, INC.
• Beacon Health Options
• Fitbit, Inc.
• Aptora
• Alyfe Wellbeing Strategies
• Burner Fitness
• Sodexo Group

Regional Analysis:

The MMR report covers all of North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa. MMR takes into account important market segments and sub-segments as well as important market sectors in this study. The MMR report evaluates the local development of creative nations based on market size, percentage, and volume. Volume, area, sales, market chain systems, and trends are just a few of the many various ways that numbers can be expressed.

North America – (U.S., Canada, and Mexico)

Europe – (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)

Asia Pacific – (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)

Middle East & Africa – (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)

South America – (Brazil, Argentina, Colombia, and Rest of South America)

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COVID-19 Impact Analysis on Corporate Wellness Market:

The COVID-19 Regulation will have a significant impact on societal, commercial, and labour goals between 2020 and 2021. COVID-19 urgently need industrial backing and ingenuity since it has the ability to destroy our civilization and way of life. For migrant labourers in India, COVID-19 has caused a variety of issues. Millions of migrant workers have been affected negatively by the embargo, including job losses, food shortages, and worries about the future.

The major objective of this MMR report is to comprehend the contemporary economy, COVID-19, and its implications for the economy. MMR is keeping an eye on COVID-19 throughout all divisions, specialisations, and disciplines. Comparable data from the Maximize Market Research Report can be used to assess how COVID-19 has affected industry losses and growth.

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Reasons for buy this Report :

Highlights key business priorities to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Corporate Wellness Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.

Key Questions answered in the Corporate Wellness Market Report are:

Which product segment grabbed the largest share in the Corporate Wellness market?
How is the competitive scenario of the Corporate Wellness market?
Which are the key factors aiding the Corporate Wellness market growth?
Which region holds the maximum share in the Corporate Wellness market?

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