Corporate Wellness Market Size - By Service Type (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management), Category, Delivery Model (Onsite, Offsite), End-use & Forecast, 2024

Description

Global Corporate Wellness Market will record a 5.7% CAGR from 2024 to 2032, owing to a dual emphasis on enhancing employee productivity and addressing rising stress levels in the workplace. Employers recognize that healthier employees are more productive, leading to a greater focus on wellness initiatives. As stress becomes a prevalent concern, companies are investing in programs that promote mental health and stress management. By prioritizing employee well-being, businesses aim to reduce absenteeism and enhance job satisfaction. This shift towards comprehensive wellness strategies will drive the expansion of the industry.

For instance, in February 2024, Truworth Wellness introduced CarePass, a novel health membership program catering to employees' primary and preventive care requirements (OPD). This initiative seeks to enhance how businesses oversee employee health benefits and enable individuals to proactively manage their well-being.

The corporate wellness market is divided based on service type, category, delivery model, end-use, and region.

The medium-scale organization segment will witness a considerable rise by 2032. These companies, with their growing workforce, recognize the importance of employee well-being for productivity and retention. As they strive to create a healthy work environment, medium-scale organizations are increasingly investing in comprehensive wellness programs. Such initiatives encompass physical fitness, mental health support, and stress management. With a focus on employee satisfaction and performance, these organizations lead the market in adopting holistic wellness strategies, making the medium-scale segment a key player in the corporate wellness industry.

The corporate wellness industry size from the stress management segment will see a notable surge by 2032 due to the rising awareness of the detrimental effects of stress on employee health and productivity. Employers are increasingly investing in stress management programs to improve employee well-being and reduce absenteeism. With stress-related issues being a significant concern in modern workplaces, the demand for effective stress management solutions is high. This segment offers a range of programs, from mindfulness sessions to counseling, catering to the diverse needs of organizations and employees alike.

Asia Pacific corporate wellness market will secure a remarkable CAGR between 2024 and 2032. The region's burgeoning economy and vast workforce contribute to this trend. As companies prioritize employee health and well-being, the demand for comprehensive wellness programs rises. Countries like China and India are significant contributors to this growth with their large corporate sectors and increasing adoption of wellness initiatives. With a focus on employee productivity and satisfaction, Asia Pacific will emerge as a key contributor to the expansion of the corporate wellness industry.

Product Code: 8337

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Data collection
1.4 Forecast parameters
1.5 Data validation
1.6 Data sources
- 1.6.1 Primary
- 1.6.2 Secondary
  - 1.6.2.1 Paid sources
  - 1.6.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Industry 360-degree synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising adoption of corporate wellness programs
  - 3.2.1.2 Growing awareness regarding employee health and well-being
  - 3.2.1.3 Technologically powered corporate wellness programs
  - 3.2.1.4 Increasing investments in mental health and stress management programs
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Concerns related to employee's data breach
3.3 Growth potential analysis
3.4 Regulatory landscape
3.5 Technological landscape
3.6 Reimbursement scenario
3.7 Porter's analysis
- 3.7.1 Supplier power
- 3.7.2 Buyer power
- 3.7.3 Threat of new entrants
- 3.7.4 Threat of substitutes
- 3.7.5 Industry rivalry
3.8 PESTEL analysis
3.9 Future market trends

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company matrix analysis
4.3 Company market share analysis
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Market Estimates and Forecast, By Service Type, 2018 - 2032 ($ Mn)

5.1 Key trends
5.2 Health risk assessment
5.3 Fitness
5.4 Smoking cessation
5.5 Health screening
5.6 Nutrition & weight management
5.7 Alcohol/substance services
5.8 Stress management
5.9 Other services

Chapter 6 Market Estimates and Forecast, By Category, 2018 - 2032 ($ Mn)

6.1 Key trends
6.2 Fitness & nutrition consultants
6.3 Psychological therapists
6.4 Organizations/Employers

Chapter 7 Market Estimates and Forecast, By Delivery Model, 2018 - 2032 ($ Mn)

7.1 Key trends
7.2 Onsite
7.3 Offsite

Chapter 8 Market Estimates and Forecast, By End-Use, 2018 - 2032 ($ Mn)

8.1 Key trends
8.2 Large scale organizations
8.3 Medium scale organizations
8.4 Small scale organizations

Chapter 9 Market Estimates and Forecast, By Region, 2018 - 2032 ($ Mn)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 South Korea
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
9.6 Middle East and Africa
- 9.6.1 Saudi Arabia
- 9.6.2 South Africa
- 9.6.3 UAE
- 9.6.4 Rest of Middle East and Africa

Chapter 10 Company Profiles

10.1 Aduro
10.2 Castlight Health
10.3 Central Corporate Wellness
10.4 Cigna Healthcare
10.5 ComPsych Corporation
10.6 Corehealth Technologies Inc.
10.7 Exos
10.8 Marino Wellness
10.9 Privia Health
10.10 SOL Integrative Wellness Centre
10.11 Truworth Wellness
10.12 Virgin Pulse
10.13 Wellsource Inc.

Corporate Wellness Market Size - By Service Type (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management), Category, Delivery Model (Onsite, Offsite), End-use & Forecast, 2024 - 2032