Asia-pacific Workplace Wellness Market Forecast 2023-2032

The Asia-Pacific workplace wellness market is expected to register a CAGR of 7.05% over the forecasting period of 2023 to 2032. The region's market growth is fueled by the introduction of governmental programs and regulations to encourage workplace wellness, the increasing attention to health issues associated with age-related ailments and chronic diseases, as well as the surge in technology use, such as online platforms, wearables, and mobile apps.

MARKET INSIGHTS

The Asia-Pacific workplace wellness market growth assessment comprises the study of South Korea, Indonesia, Thailand, China, Japan, India, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific. In India, there has been a notable shift in the perception of health and well-being, with a heightened emphasis on proactive measures and healthy lifestyle choices. According to industry sources, Indian respondents reported higher percentages of burnout, anxiety, distress, and depression. The dominant factor contributing to these outcomes is toxic workplace behavior, accounting for around 90% of all causative factors. This alarming scenario has prompted a substantial number of employees to contemplate leaving their current positions.

Moreover, studies reveal that 41% of Indian workers feel there is insufficient separation between their work and personal lives, leading to heightened stress levels and negative effects on their health. This factor poses a significant challenge for employers operating in India, as well. Addressing these concerns requires a strategic approach, including the implementation of comprehensive workplace wellness programs, with an understanding of the underlying variables. As a result, these factors are projected to contribute to the market growth in the Asia-Pacific over the forecast years.

COMPETITIVE INSIGHTS

Some of the key firms operating in the market include: Vitality Group, Virgin Pulse, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 69920

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
- 2.4.1. IMPACT OF COVID-19 ON WORKPLACE WELLNESS MARKET
2.5. MAJOR MARKET FINDINGS
- 2.5.1. HOLISTIC APPROACH OF WORKPLACE WELLNESS PROGRAMS
- 2.5.2. HEALTH RISK ASSESSMENTS OFFER A PROACTIVE APPROACH TO EMPLOYEE HEALTH
- 2.5.3. DIGITAL AND SOCIAL PLATFORMS' INCREASING DEMAND FOR WORKPLACE WELLNESS PROGRAMS

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. SHIFT TOWARDS REMOTE WORK AND FLEXIBLE WORK ARRANGEMENTS
- 3.1.2. INCREASING INVESTMENTS IN PREVENTIVE CARE LEADING TO REDUCED HEALTHCARE COSTS
- 3.1.3. LOWER EMPLOYEE PRODUCTIVITY DUE TO PREVALENCE OF CHRONIC DISEASES
3.2. KEY RESTRAINTS
- 3.2.1. HIGH IMPLEMENTATION COSTS
- 3.2.2. LACK OF CLEAR KNOWLEDGE AMONG EMPLOYEES

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
- 4.3.1. GROWTH PROSPECT MAPPING FOR INDIA
4.4. MARKET CONCENTRATION ANALYSIS
4.5. KEY BUYING CRITERIA

5. MARKET BY SERVICE

5.1. HEALTH RISK ASSESSMENT
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
5.2. NUTRITION AND WEIGHT MANAGEMENT
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS
5.3. SMOKING CESSATION
- 5.3.1. MARKET FORECAST FIGURE
- 5.3.2. SEGMENT ANALYSIS
5.4. FITNESS SERVICES
- 5.4.1. MARKET FORECAST FIGURE
- 5.4.2. SEGMENT ANALYSIS
5.5. BIOMETRIC SCREENING
- 5.5.1. MARKET FORECAST FIGURE
- 5.5.2. SEGMENT ANALYSIS
5.6. ALCOHOL/SUBSTANCE ABUSE SERVICES
- 5.6.1. MARKET FORECAST FIGURE
- 5.6.2. SEGMENT ANALYSIS
5.7. MENTAL/BEHAVIORAL HEALTH MANAGEMENT
- 5.7.1. MARKET FORECAST FIGURE
- 5.7.2. SEGMENT ANALYSIS

6. MARKET BY END-USER

6.1. LARGE ORGANIZATIONS
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
6.2. MID-SIZE ORGANIZATIONS
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS
6.3. SMALL ORGANIZATIONS
- 6.3.1. MARKET FORECAST FIGURE
- 6.3.2. SEGMENT ANALYSIS
6.4. NGO
- 6.4.1. MARKET FORECAST FIGURE
- 6.4.2. SEGMENT ANALYSIS
6.5. PUBLIC SECTOR
- 6.5.1. MARKET FORECAST FIGURE
- 6.5.2. SEGMENT ANALYSIS

7. GEOGRAPHICAL ANALYSIS

7.1. ASIA-PACIFIC
- 7.1.1. MARKET SIZE & ESTIMATES
- 7.1.2. ASIA-PACIFIC WORKPLACE WELLNESS MARKET DRIVERS
- 7.1.3. ASIA-PACIFIC WORKPLACE WELLNESS MARKET CHALLENGES
- 7.1.4. ASIA-PACIFIC WORKPLACE WELLNESS MARKET REGULATORY FRAMEWORK
- 7.1.5. KEY PLAYERS IN ASIA-PACIFIC WORKPLACE WELLNESS MARKET
- 7.1.6. COUNTRY ANALYSIS
  - 7.1.6.1. CHINA
  - 7.1.6.1.1. CHINA WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.2. JAPAN
  - 7.1.6.2.1. JAPAN WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.3. INDIA
  - 7.1.6.3.1. INDIA WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.4. SOUTH KOREA
  - 7.1.6.4.1. SOUTH KOREA WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.5. INDONESIA
  - 7.1.6.5.1. INDONESIA WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.6. THAILAND
  - 7.1.6.6.1. THAILAND WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.7. VIETNAM
  - 7.1.6.7.1. VIETNAM WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.8. AUSTRALIA & NEW ZEALAND
  - 7.1.6.8.1. AUSTRALIA & NEW ZEALAND WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES
  - 7.1.6.9. REST OF ASIA-PACIFIC
  - 7.1.6.9.1. REST OF ASIA-PACIFIC WORKPLACE WELLNESS MARKET SIZE & OPPORTUNITIES

8. COMPETITIVE LANDSCAPE

8.1. KEY STRATEGIC DEVELOPMENTS
- 8.1.1. MERGERS & ACQUISITIONS
- 8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 8.1.3. PARTNERSHIPS & AGREEMENTS
- 8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
- 8.2.1. COMPSYCH CORPORATION
  - 8.2.1.1. COMPANY OVERVIEW
  - 8.2.1.2. SERVICE LIST
  - 8.2.1.3. STRENGTHS & CHALLENGES
- 8.2.2. EXOS
  - 8.2.2.1. COMPANY OVERVIEW
  - 8.2.2.2. SERVICE LIST
  - 8.2.2.3. STRENGTHS & CHALLENGES
- 8.2.3. FITBIT INC
  - 8.2.3.1. COMPANY OVERVIEW
  - 8.2.3.2. SERVICE LIST
  - 8.2.3.3. STRENGTHS & CHALLENGES
- 8.2.4. LABCORP EMPLOYER SERVICES
  - 8.2.4.1. COMPANY OVERVIEW
  - 8.2.4.2. SERVICE LIST
  - 8.2.4.3. STRENGTHS & CHALLENGES
- 8.2.5. LIMEADE
  - 8.2.5.1. COMPANY OVERVIEW
  - 8.2.5.2. SERVICE LIST
- 8.2.6. MARINO WELLNESS LLC
  - 8.2.6.1. COMPANY OVERVIEW
  - 8.2.6.2. SERVICE LIST
  - 8.2.6.3. STRENGTHS & CHALLENGES
- 8.2.7. NOVANT HEALTH
  - 8.2.7.1. COMPANY OVERVIEW
  - 8.2.7.2. SERVICE LIST
  - 8.2.7.3. STRENGTHS & CHALLENGES
- 8.2.8. OPTUM INC
  - 8.2.8.1. COMPANY OVERVIEW
  - 8.2.8.2. SERVICE LIST
  - 8.2.8.3. STRENGTHS & CHALLENGES
- 8.2.9. PRIVIA HEALTH LLC
  - 8.2.9.1. COMPANY OVERVIEW
  - 8.2.9.2. SERVICE LIST
  - 8.2.9.3. STRENGTHS & CHALLENGES
- 8.2.10. QUEST DIAGNOSTICS
  - 8.2.10.1. COMPANY OVERVIEW
  - 8.2.10.2. SERVICE LIST
  - 8.2.10.3. STRENGTHS & CHALLENGES
- 8.2.11. VIRGIN PULSE INC
  - 8.2.11.1. COMPANY OVERVIEW
  - 8.2.11.2. SERVICE LIST
  - 8.2.11.3. STRENGTHS & CHALLENGES
- 8.2.12. VITALITY GROUP
  - 8.2.12.1. COMPANY OVERVIEW
  - 8.2.12.2. SERVICE LIST
  - 8.2.12.3. STRENGTHS & CHALLENGES

Product Code: 69920

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - WORKPLACE WELLNESS
TABLE 2: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY SERVICE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY END-USER, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC WORKPLACE WELLNESS MARKET REGULATORY FRAMEWORK
TABLE 9: KEY PLAYERS OPERATING IN ASIA-PACIFIC WORKPLACE WELLNESS MARKET
TABLE 10: LIST OF MERGERS & ACQUISITIONS
TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR INDIA
FIGURE 4: MARKET CONCENTRATION ANALYSIS
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, GROWTH POTENTIAL, BY SERVICE, IN 2022
FIGURE 7: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY HEALTH RISK ASSESSMENT, 2023-2032 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY NUTRITION AND WEIGHT MANAGEMENT, 2023-2032 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY SMOKING CESSATION, 2023-2032 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY FITNESS SERVICES, 2023-2032 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY BIOMETRIC SCREENING, 2023-2032 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY ALCOHOL/SUBSTANCE ABUSE SERVICES, 2023-2032 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY MENTAL/BEHAVIORAL HEALTH MANAGEMENT, 2023-2032 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022
FIGURE 15: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY LARGE ORGANIZATIONS, 2023-2032 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY MID-SIZE ORGANIZATIONS, 2023-2032 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY SMALL ORGANIZATIONS, 2023-2032 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY NGO, 2023-2032 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY PUBLIC SECTOR, 2023-2032 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC WORKPLACE WELLNESS MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 21: CHINA WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 22: JAPAN WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 23: INDIA WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: SOUTH KOREA WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 25: INDONESIA WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 26: THAILAND WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 27: VIETNAM WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 28: AUSTRALIA & NEW ZEALAND WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 29: REST OF ASIA-PACIFIC WORKPLACE WELLNESS MARKET, 2023-2032 (IN $ MILLION)