Global Corporate Wellness Market by Type, Packaging, Distribution Channel, and Region,forecast period 2027.


Posted August 5, 2022 by mayurikathade

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.

 
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Corporate Wellness Market during the forecast period. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the Corporate Wellness Market on the basis of product type, application, technology, and region. To offer more clarity regarding the Corporate Wellness Market Industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

Corporate Wellness Market Overview:

This study looks at the market growth drivers and roadblocks for the manufacturer, as well as an assessment of the market's firm strategies, procedures, and financially sound and grow plan. Individual customer requirements can be satisfied through customization and a deep understanding of market opportunities. TheCorporate Wellness Market provides a comprehensive overview of the market's competitive landscape and key players. This report can assist with structural planning in light of current industry conditions.

Expected Growth Value Of Corporate Wellness Market :

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:

As per the forecast period 2021-2027, the Corporate Wellness market is expected to grow at a steady rate of between 2021 and 2027. This study covers the Corporate Wellness market and provides a value-based analysis and estimate. This study and analysis of market drivers, restraints, and opportunities affecting the growth of the Corporate Wellness Market is included in this report. The global market has been segmented into four categories: type, source, end-user, and geography (country-wise). The scope of the research is a strategic analysis of the Corporate Wellness market in terms of individual growth trends, future prospects, and the contributions of important sub-market stakeholders. Corporate Wellness market analyses and forecasts for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-by-country segmentation. Major industry participants' profiles, as well as their strategic orientations, market positioning, and core competence analysis, are offered. The top players in the Corporate Wellness Market are also profiled, with details on their recent competitive advancements, investments, strategic growth, and competitive landscape.

Global Corporate Wellness Market

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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.

The amount of adult psychiatrists in the United States is expected to decline by 20% by 2030, as per the Health Resources and Services Administration. The declining amount of fresh experts joining these professions is partly responsible for the deficit. In developing countries, the shortage of mental health experts is considerably worse. There are barely 0.75 psychiatrists per 100,000 inhabitants in India, for example. This scarcity of appropriately qualified personnel makes it difficult to develop and implement effective, holistic workplace wellness programmes, which may limit the market's growth.

Precision Farming 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.

Global Corporate Wellness MarketBased 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 prominent players in the Corporate Wellness Market:

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

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Regional Insights on Corporate Wellness Market :

The several sections on regional segmentation provide information on the regional characteristics of the Corporate Wellness Market. This chapter discusses the regulatory environment that will have an impact on the market. It highlights the market’s political landscape & anticipates its impact on the worldwide Corporate Wellness Market industry. Global brands’ presence and availability, as well as the problems they face from fierce competition from local & domestic brands, the influence of domestic tariffs, and trade channels, are all considered. The Corporate Wellness Market report examines the five areas & their distribution by country:

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)

COVID-19 Impact Analysis on Corporate Wellness Market:

The recovery phase of the COVID-19 outbreak has come to an end over the world. Maximize Industry Research has released the Corporate Wellness Market Status, Trends, and COVID-19 Impact Report 2021, which gives a detailed look at the Corporate Wellness market in light of the present economic situation.

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report :https://www.maximizemarketresearch.com/market-report/global-corporate-wellness-market/65215/

The report provides insights on the following:

Market Penetration: Offers complete information on the market offered by the key players
Market Development: Provides in-depth information about emerging market trends and analyses the markets
Competitive Assessment & Intelligence: Provides a comprehensive assessment of market shares, strategies, products, and manufacturing capabilities of the leading key players operating in the market
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Last Updated August 5, 2022