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PUBLISHER: IMARC | PRODUCT CODE: 1225247

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PUBLISHER: IMARC | PRODUCT CODE: 1225247

Corporate Wellness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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The global corporate wellness market size reached US$ 61.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 94.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028. An increasing number of organizations prioritizing employee satisfaction, rising focus of companies to decrease operational costs and increase employee efficiency, and the growing work stress represent some of the key factors driving the market.

Corporate wellness refers to a program designed for businesses to promote a holistic approach and create a healthy work environment for their employees. It comprises various procedures and methods, such as financial planning sessions, productivity enhancement activities, smoking cessation programs, nutrition assistance, fitness improvement plans, and health insurance benefits. It is customized according to the requirements of companies and assists in reducing the impacts of absenteeism and medical premiums on the productivity of employees. Corporate wellness also encourages employees to lead an active lifestyle by making proactive and practical choices. It increases job satisfaction levels, uplifts employee morale, and reduces work stress. It enables organizations to improve their return on investment (ROI) by maintaining their existing workforce and saving expenses on hiring new candidates. It assists in attracting competent and talented individuals into the company workforce and increases employee participation in various office activities. Furthermore, corporate wellness helps companies to increase their profits and maintain their reputation.

Corporate Wellness Market Trends:

  • At present, the increasing demand for corporate wellness programs among organizations to decrease overall operational costs and increase employee efficiency represents one of the primary factors influencing the market positively. In addition, the rising number of corporate companies prioritizing employee satisfaction by providing an inclusive work environment and adequate appraisals and training, upskilling, and mentoring staff is propelling the growth of the market. Besides, there is an increase in the occurrence of various chronic disorders due to sedentary lifestyle habits and the consumption of unhealthy diets. This, coupled with the growing work stress levels in staff, is offering a favorable market outlook. Additionally, the increasing competition in the workplace to perform properly and avoid layoffs is contributing to the growth of the market. Apart from this, the rising utilization of corporate wellness programs by companies to generate healthy behavioral traits in staff, which include maintaining a proper sleep schedule, consuming appropriate nutrients, leading an active life, quitting smoking, and reducing drinking habits, is supporting the market growth. Moreover, key market players are introducing corporate wellness programs with personalized solutions for effective outcomes, which is bolstering growth of the market.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global corporate wellness market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service, category, delivery and organization size.

Service Insights:

  • Health Risk Assessment
  • Fitness
  • Smoking Cessation
  • Health Screening
  • Nutrition and Weight Management
  • Stress Management
  • Others
  • The report has provided a detailed breakup and analysis of the corporate wellness market based on the service. This includes health risk assessment, fitness, smoking cessation, health screening, nutrition and weight management, stress management, and others. According to the report, health risk assessment accounted for the largest market share.

Category Insights:

  • Fitness and Nutrition Consultants
  • Psychological Therapists
  • Organizations/Employers
  • A detailed breakup and analysis of the corporate wellness market based on the category has also been provided in the report. This includes fitness and nutrition consultants, psychological therapists, and organizations/employers. According to the report, organizations/employers accounted for the largest market share.

Delivery Insights:

  • Onsite
  • Offsite
  • A detailed breakup and analysis of the corporate wellness market based on the delivery has also been provided in the report. This includes onsite and offsite. According to the report, onsite accounted for the largest market share.

Organization Size Insights:

  • Small Scale Organizations
  • Medium Scale Organizations
  • Large Scale Organizations
  • A detailed breakup and analysis of the corporate wellness market based on the organization size has also been provided in the report. This includes small scale organizations, medium scale organizations, and large scale organizations. According to the report, large scale organizations accounted for the largest market share.

Regional Insights:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
  • The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for corporate wellness. Some of the factors driving the North America corporate wellness market included the increasing organizational awareness about employee wellbeing, rising health-consciousness among the masses, the growing utilization of technology-based corporate wellness systems, etc.

Competitive Landscape:

  • The report has also provided a comprehensive analysis of the competitive landscape in the global corporate wellness market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Central Corporate Wellness, ComPsych Corporation, Exos Works, Inc., Marino Wellness LLC, Privia Health, Provant Health Solutions, LLC, SOL Wellness LLC, Truworth Health Technologies Pvt. Ltd., Virgin Pulse, Vitality Health, Wellness Corporate Solutions LLC, and Wellsource Inc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
  • Key Questions Answered in This Report
  • 1. What was the size of the global corporate wellness market in 2022?
  • 2. What is the expected growth rate of the global corporate wellness market during 2023-2028?
  • 3. What are the key factors driving the global corporate wellness market?
  • 4. What has been the impact of COVID-19 on the global corporate wellness market?
  • 5. What is the breakup of the global corporate wellness market based on the service?
  • 6. What is the breakup of the global corporate wellness market based on the category?
  • 7. What is the breakup of the global corporate wellness market based on delivery?
  • 8. What is the breakup of the global corporate wellness market based on the organization size?
  • 9. What are the key regions in the global corporate wellness market?
  • 10. Who are the key players/companies in the global corporate wellness market?
Product Code: SR1423A88_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Corporate Wellness Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Service

  • 6.1 Health Risk Assessment
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Fitness
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Smoking Cessation
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Health Screening
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Nutrition and Weight Management
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Stress Management
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Others
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast

7 Market Breakup by Category

  • 7.1 Fitness and Nutrition Consultants
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Psychological Therapists
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Organizations/Employers
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Delivery

  • 8.1 Onsite
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Offsite
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Organization Size

  • 9.1 Small Scale Organizations
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Medium Scale Organizations
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Large Scale Organizations
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Central Corporate Wellness
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 ComPsych
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 EXOS
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Marino Wellness
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Privia Health
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Provant Health Solutions
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 SOL Wellness
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
    • 15.3.8 Truworth Health Technologies Pvt. Ltd.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Virgin Pulse
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Vitality
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Wellness Corporate Solutions LLC
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 Wellsource Inc.
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
Product Code: SR1423A88_Report

List of Figures

  • Figure 1: Global: Corporate Wellness Market: Major Drivers and Challenges
  • Figure 2: Global: Corporate Wellness Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Corporate Wellness Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Corporate Wellness Market: Breakup by Service (in %), 2022
  • Figure 5: Global: Corporate Wellness Market: Breakup by Category (in %), 2022
  • Figure 6: Global: Corporate Wellness Market: Breakup by Delivery (in %), 2022
  • Figure 7: Global: Corporate Wellness Market: Breakup by Organization Size (in %), 2022
  • Figure 8: Global: Corporate Wellness Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Corporate Wellness (Health Risk Assessment) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Corporate Wellness (Health Risk Assessment) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Corporate Wellness (Fitness) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Corporate Wellness (Fitness) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Corporate Wellness (Smoking Cessation) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Corporate Wellness (Smoking Cessation) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Corporate Wellness (Health Screening) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Corporate Wellness (Health Screening) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Corporate Wellness (Nutrition and Weight Management) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Corporate Wellness (Nutrition and Weight Management) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Corporate Wellness (Stress Management) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Corporate Wellness (Stress Management) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Corporate Wellness (Other Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Corporate Wellness (Other Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Corporate Wellness (Fitness and Nutrition Consultants) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Corporate Wellness (Fitness and Nutrition Consultants) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Corporate Wellness (Psychological Therapists) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Corporate Wellness (Psychological Therapists) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Corporate Wellness (Organizations/Employers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Corporate Wellness (Organizations/Employers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Corporate Wellness (Onsite) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Corporate Wellness (Onsite) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Corporate Wellness (Offsite) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Corporate Wellness (Offsite) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Corporate Wellness (Small Scale Organizations) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Corporate Wellness (Small Scale Organizations) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Corporate Wellness (Medium Scale Organizations) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Corporate Wellness (Medium Scale Organizations) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Corporate Wellness (Large Scale Organizations) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Corporate Wellness (Large Scale Organizations) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: North America: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: North America: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: United States: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: United States: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Canada: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Canada: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Asia-Pacific: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Asia-Pacific: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: China: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: China: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Japan: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Japan: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: India: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: India: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: South Korea: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: South Korea: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Australia: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Australia: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Indonesia: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Indonesia: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Others: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Others: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Europe: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Europe: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Germany: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Germany: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: France: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: France: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: United Kingdom: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: United Kingdom: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Italy: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Italy: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Spain: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Spain: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Russia: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Russia: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Others: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Others: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Latin America: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Latin America: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Brazil: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Brazil: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Mexico: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Mexico: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Others: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Others: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Middle East and Africa: Corporate Wellness Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Middle East and Africa: Corporate Wellness Market: Breakup by Country (in %), 2022
  • Figure 87: Middle East and Africa: Corporate Wellness Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 88: Global: Corporate Wellness Industry: SWOT Analysis
  • Figure 89: Global: Corporate Wellness Industry: Value Chain Analysis
  • Figure 90: Global: Corporate Wellness Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Corporate Wellness Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Corporate Wellness Market Forecast: Breakup by Service (in Million US$), 2023-2028
  • Table 3: Global: Corporate Wellness Market Forecast: Breakup by Category (in Million US$), 2023-2028
  • Table 4: Global: Corporate Wellness Market Forecast: Breakup by Delivery (in Million US$), 2023-2028
  • Table 5: Global: Corporate Wellness Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
  • Table 6: Global: Corporate Wellness Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Corporate Wellness Market: Competitive Structure
  • Table 8: Global: Corporate Wellness Market: Key Players
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