Global 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.
Global Corporate Wellness Market Overview:
The Global Corporate Wellness market research study investigates and analyses the market's position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.
Corporate wellness often refers to the adoption of a range of programmes by organisations to enhance the health and wellbeing of their workforce. Initiatives, laws, and other benefits aimed at promoting health and boosting productivity are included. There are programmes for weight loss, exercise, nutrition, and dieting, stress management, health tests, and quitting smoking. Along with sleep rooms, wearable medical trackers, gym memberships, yoga lessons, and meditation classes, large and medium-sized enterprises are now offering nap rooms. These initiatives support business culture, workplace culture, employee retention, and recruitment.
Market Scope:
We looked at the Global Corporate Wellness Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.
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Segmentation:
Organizations/employers, Psychological therapists, and Fitness and nutrition consultants make up the segments of the worldwide Corporate Wellness market. In 2020, the Organizations/Employers sector had the biggest market share (50.3%), and it is anticipated that it will continue to hold the top spot during the forecast period. The service providers offer internal and external health management services to big and small businesses alike. On-site fitness centres that offer yoga and meditation are a growing trend. As a result of growing awareness about secured healthcare, the fitness and nutrition consultants' segment is anticipated to increase at a rate of % over the forecast period. Healthcare consultants provide a variety of elements, such as fitness, diet, character development, and behavioural health.
Key Players:
• ComPsych
• Wellness Corporate Solutions
• Virgin Pulse
• Provant Health Solutions
• EXOS
• 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
• Rival Health
Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:
Regional Analysis:
The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Global Corporate Wellness market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area's Global Corporate Wellness market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.
COVID-19 Impact Analysis on Global Corporate Wellness Market:
We thoroughly researched and analyzed the Global Corporate Wellness Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the Global Corporate Wellness industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19's influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.
Key Questions Answered in the Global Corporate Wellness Market Report are:
- What are the most promising high-growth opportunities in the Global Corporate Wellness sector, as defined by product category, End User, and Region?
- Which Global Corporate Wellness market segments will expand the fastest, and why?
- Which areas will expand the fastest, and why?
- What are the primary elements influencing Global Corporate Wellness market dynamics? What are the primary drivers and obstacles in the Global Corporate Wellness market?
- What are the Global Corporate Wellness market's business risks and dangers?
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