Global Corporate Wellness Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.8% during the forecast period that is 2017-2025. The market growth majorly driven by the various programs and promotions such as increasing awareness on health related topics, incorporating corporate policies that provides provision for health related goals of its employees, promoting smoking cessation and avoidance, food selection process among others are some of the major factors to boost the corporate wellness market size during the forecast period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global corporate wellness market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global corporate wellness market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Market Challenges and Opportunities Analysis

Corporate Wellness Market Size is majorly driven by the small and medium scale enterprises (SMEs), and large-scale organizations who are concerned towards the health and fitness aspect of their employees. Corporate wellness is a growing concern in the offices and corporate environments, which is also known as workplace wellness program. Prolonged sitting for long hour is one of the major factors to boost the corporate wellness programs, which leads to numerous health conditions such as weight gain, high blood pressure, diabetes, and chronic illness such as cardiovascular diseases among others. The body also suffers with various neck, shoulder, and back pain which tends to effect the work productivity and performance. Workplace wellness programs provides an universal approach towards the wellbeing of its employees by creating a healthy organizational culture which develops healthy outcomes, increase in productivity, optimization of human resource and increase employee engagement in the corporate world.

Corporate Wellness: Health Programs in Workplaces

The corporate wellness programs are majorly driven by the various programs and promotions such as increasing awareness on health related topics, incorporating corporate policies that provides provision for health related goals of its employees, promoting smoking cessation and avoidance, food selection process among others are some of the major factors to boost the corporate wellness market size during the forecast period. According to South Asian Society on Atherosclerosis and Thrombosis (SASAT), worksite health programs helps to reduce 45 percent in absenteeism and other healthcare cost which are provided by the organizations. Corporate wellness programs provide various services which could be utilized by the employees, some of the major wellness services are health screening, which helps to identify health risks factors and implementing health strategies to build a better and healthy lifestyle, stress management, smoking cessation, nutrient management for weight checks and cholesterols, and total body fitness among others. Owing to these factors major traction is expected for the corporate wellness market size during the forecast period.

The corporate wellness program helps to maintain the health and also a healthy behavior. The companies also incorporate health related policies which are informally or formally stated to protect and promote the employee health. These health programs provide a package which includes health insurance, discounts on regular check-ups, and others services which helps to enhance the health of the employee. Thus the corporate wellness is a program which frameworks towards health conditions such as mental health, obesity, musculoskeletal disorders, and others or specific health risks such as poor nutrition, physical inactivity, stress, tobacco use and others. Thus, owing to these factors, the corporate wellness market share is expected to grow during the forecast period (2018-2025).

Regional Analysis

North America is expected to lead the corporate wellness market throughout the forecast period from 2018 to 2025 due to increase in obesity levels in workplace and growing corporate cultures. According to National Center for Biotechnology Information (NCBI), in 2016, in U.S. the total cost of obesity for a worker is almost US$ 48billion per year. According to the State of Obesity, in 2017, there was an increase of 35 percent in obesity level in five states which are West Virginia, Arkansas, Louisiana, Mississippi, and Alabama, in other states there was an average increase of 28 to 30 percent from 2016. Thus, obesity among the working class of U.S. coupled with other factors such as hypertension, depression, long night shifts, and adverse working conditions among others is expected to drive the corporate wellness market share during the forecast period.

Global Corporate Wellness Market Size, Share Analysis By Region 2017

Global Corporate Wellness Market Study Objective

1. To forecast the market size of corporate wellness market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of corporate wellness market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of corporate wellness market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of corporate wellness market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the corporate wellness market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Major Players:

Major players operating in the field of corporate wellness market include EXOS, Provant Health, ComPsych Corporation, Wellness Corporate Solutions, Optum, Inc., BupaWellness Pty Ltd, Sodexo, Central Corporate Wellness, JLT Australia, TruworthWellness, among others.

Global Corporate Wellness Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.  The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.