PUBLISHER: Inkwood Research | PRODUCT CODE: 1348073
PUBLISHER: Inkwood Research | PRODUCT CODE: 1348073
The United Kingdom workplace wellness market is set to progress with a CAGR of 6.98% in terms of revenue across the projection period of 2023 to 2030. The market growth of the country is accredited to concerns regarding employee well-being, government backing, the escalating costs of healthcare, and the repercussions of the COVID-19 pandemic.
According to the Health Survey for England in 2021, a substantial 79% of employed individuals in Britain encountered work-related stress. This makes work-related stress the predominant form of stress experienced in the United Kingdom. The Work-Related Stress, Depression, or Anxiety Statistics in Great Britain for 2021 reveal an upward trajectory in work-related stress, marking an increase from 59% in 2019. It's noteworthy that stress doesn't dissipate once the workday concludes, a pattern consistent with findings from previous years.
The nature of the second most prevalent stress type has undergone a shift in 2021, transitioning from household stress, which held this position in 2019, to financial/monetary stress, impacting 60% of individuals. These dynamics collectively contribute to a conducive environment for the workplace wellness market growth in the United Kingdom during the forecast period.
Some of the top companies operating in the market are: Quest Diagnostics, Fitbit Inc, Optum Inc, etc.