U.S. Corporate Wellness Market, By Programs ((HRA (Nutrition and Weight Management, Smoking Cessation, Fitness Services, Stress Management, Alcohol and Drug Rehab, Health Education Services, Financial Wellness, and Others)), By End User (Large Private Sector Businesses, Medium Private Sector Businesses, Small Private Sector Businesses, Public Sector Companies, and Non-profit Organizations) By Incentive Program (Participatory and Health-contingent), By Revenue Model (Recurring Revenues and Seasonal Revenues), By Type (Services and Technology), By Delivery Model (Onsite and Offsite), and By Industry (Media and Technology, Healthcare, Financial Services, Manufacturing, Retail, and Others)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Corporate wellness is an employer's approach to achieve a healthy workplace. Corporate wellness programs are designed to both support and encourage a holistic approach to employee wellbeing by creating an organizational culture of health. Corporate wellness incorporates wellness activities into their daily life to promote employees' well-being.
Market Dynamics:
Increasing prevalence of chronic diseases, the outbreak of COVID-19 (pandemic), rise in focus on corporate wellness, and rising awareness about employee health and well-being are major factors expected to drive growth of the U.S. corporate wellness market.
For instance, According to the American Psychological Association (APA), since the COVID-19 pandemic, essential employees were twice more likely to be diagnosed with a mental health issue, and received treatment from a mental health professional (34% vs. 12%). This in turn has increased the need for wellness programs in the workplace.
Key features of the study:
This report provides in-depth analysis of the U.S. corporate wellness market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the U.S. corporate wellness market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Ayco, Aquila, BSDI, Aduro, Active Wellness, Virgin Pulse, Compsych, Provant Health Solutions, American Specialty Health, Wellness Corporate Solutions, and Bank of America Merrill Lynch, among others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The U.S. corporate wellness market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. corporate wellness market.
Detailed Segmentation:
U.S. Corporate Wellness Market, By Programs
HRA (Health Risk Assessment)
Nutrition and Weight Management
Smoking Cessation
Fitness Services
Stress Management
Alcohol and Drug Rehab
Health Education Services
Financial Wellness
Others
U.S. Corporate Wellness Market, By End User
Large Private Sector Businesses
Medium Private Sector Businesses
Small Private Sector Businesses
Public Sector Companies
Non-profit Organizations
U.S. Corporate Wellness Market, By Incentive Program
Participatory
Health-contingent
U.S. Corporate Wellness Market, By Revenue Model
Recurring Revenues
Seasonal Revenues
U.S. Corporate Wellness Market, By Type
Services
Technology
U.S. Corporate Wellness Market, By Delivery Model
Onsite
Offsite
U.S. Corporate Wellness Market, By Industry
Media and Technology
Healthcare
Financial Services
Manufacturing
Retail
Others
Company Profiles
Ayco
Aquila
BSDI
Aduro
Active Wellness
Virgin Pulse
Compsych
Provant Health Solutions
American Specialty Health
Wellness Corporate Solutions
Bank of America Merrill Lynch
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Programs
Market Snapshot, By End User
Market Snapshot, By Incentive Program
Market Snapshot, By Revenue Model
Market Snapshot, By Type
Market Snapshot, By Delivery Model
Market Snapshot, By Industry
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Rise in adoption of corporate wellness programs
Slow adoption and lack of awareness
Rising awareness about employee health and well-being
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. U.S. Corporate Wellness Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. U.S. Corporate Wellness Market, By Programs, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
HRA (Health Risk Assessment)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Nutrition and Weight Management
Smoking Cessation
Fitness Services
Stress Management
Alcohol and Drug Rehab
Health Education Services
Financial Wellness
Others
6. U.S. Corporate Wellness Market, By End User, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Large Private Sector Businesses
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Medium Private Sector Businesses
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Small Private Sector Businesses
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Public Sector Companies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Non-profit Organizations
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
7. U.S. Corporate Wellness Market, By Incentive Program, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Participatory
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Health-contingent
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
8. U.S. Corporate Wellness Market, By Revenue Model, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Recurring Revenues
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Seasonal Revenues
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
9. U.S. Corporate Wellness Market, By Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Technology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
10. U.S. Corporate Wellness Market, By Delivery Model, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Onsite
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Offsite
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
11. U.S. Corporate Wellness Market, By Industry, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Media and Technology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Financial Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Retail
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
12. Competitive Landscape
Ayco
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Aquila
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
BSDI
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Aduro
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Active Wellness
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Virgin Pulse
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Compsych
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Provant Health Solutions
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
American Specialty Health
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Wellness Corporate Solutions
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Bank of America Merrill Lynch
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Analyst Views
13. Section
Research Methodology
About us
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