Corporate Wellness Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	143 Pages	Fortune Business Insights Pvt. Ltd.	August, 2024	FOB19136325

Best Price Guarantee
Price	from $4,850
Length	143 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	August, 2024
SKU	FOB19136325

Corporate Wellness Market

Growth Factors of Corporate Wellness Market

The Corporate Wellness market size was valued at USD 62.38 billion in 2023, and the market is now projected to grow from USD 65.25 billion in 2024 to USD 102.56 billion by 2032, exhibiting a CAGR of 5.8% during the forecast period of 2024-2032.

Due to the suppression of private participation, the shift in the direction of gift health matters, in addition to declines in funding for health packages, the COVID-19 pandemic negatively impacted Corporate Wellness Market growth. Companies gave greater interest to paintings-from-home arrangements and cost-cutting projects that restricted marketplace growth and uptake of included wellness projects.

In recent times, there has been a notable increase in the number of workers leaving their jobs due to the bad work environment. As such, giant corporations have resorted to designing programs on how to improve employee participation in Corporate Wellness Market share. Consequently, organizations are putting a lot of money into availing themselves ways in which they can avoid absenteeism as well as make their staff more efficient at work. Hence, this has resulted in increased uptake of workplace wellness schemes which are expected to realize significant savings for companies.

The organizations have started moving away from a more traditional emphasis on physical fitness to a more complete kind of approach that puts into consideration the social and emotional well being of an individual. One of the reasons for this change is the rising number of working professionals going through work-induced stress.

Comprehensive Corporate Wellness Market

The Corporate Wellness market is growing at an exponential rate due to its market segmentation. These segmentations are methodically segregated by Delivery Model Analysis, by Services Analysis, by End User Analysis. The Delivery Model Analysis includes onsite and virtual. The Services Analysis includes health risk assessment, smoking cessation, fitness, weight/nutrition management, stress management, and others. The End User Analysis includes medium-sized organizations, small-sized organizations, and large organizations.

The North America area lead the Corporate Wellness market with the resource of estimate a market size of USD 23.47 billion in 2023 due to the launch of new workplace wellness programs by companies.

The top players in the market play a crucial role in the Healthcare industry assuring development and setting market standards. These players such as, Privia Health (U.S.), ComPsych Corporation (U.S.), EXOS (U.S.), Personify Health (U.S.), Vitality (U.S.), Wellsource, Inc. (U.S.), Marino Wellness (U.S.), Truworth Wellness (India), Central Corporate Wellness (Singapore) these market players provide a competitive landscape.

In August 2023, In order for people to enhance their fitness and health Cigna Healthcare joined forces with Virgin Pulse (Personify Health) in order to design a customized digital platform.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.8% from 2024-2032

Unit Value (USD Billion)

Segmentation By Services

Health Risk Assessment
Smoking Cessation
Fitness
Weight/ Nutrition Management
Stress Management
Others

By Delivery Model

Onsite
Virtual

By End User

Small-sized Organizations
Medium-sized Organizations
Large Organizations

By Region

North America (By Services, Delivery Model, End User, and Country)

- U.S. (By Services)

- Canada (By Services)

Europe (By Services, Delivery Model, End User, and Country/Sub-region)

- U.K. (By Services)

- Germany (By Services)

- France (By Services)

- Spain (By Services)

- Italy (By Services)

- Scandinavia (By Services)

- Rest of Europe (By Services)

Asia Pacific (By Services, Delivery Model, End User, and Country/Sub-region)

- China (By Services)

- India (By Services)

- Japan (By Services)

- Australia (By Services)

- Southeast Asia (By Services)

- Rest of the Asia Pacific (By Services)

Latin America (By Services, Delivery Model, End User, and Country/Sub-region)

- Brazil (By Services)

- Mexico (By Services)

- Rest of Latin America (By Services)

Middle East & Africa (By Services, Delivery Model, End User, and Country/Sub-region)

- GCC (By Services)

- South Africa (By Services)

- Rest of the Middle East & Africa (By Services)

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Prevalence of Key Work-Related Disorders, Key Countries, 2023; 4.2. Key Industry Developments: Mergers, Acquisition & Partnerships; 4.3. New Corporate Service Launches; 4.4. Impact of COVID-19 on the Market
5. Global Corporate Wellness Market Analysis, Insights and Forecast, 2019-2032: 5.1. Market Analysis, Insights and Forecast – By Services; 5.1.1. Health Risk Assessment; 5.1.2. Smoking Cessation; 5.1.3. Fitness; 5.1.4. Weight/ Nutrition Management; 5.1.5. Stress Management; 5.1.6. Others; 5.2. Market Analysis, Insights and Forecast – By Delivery Model; 5.2.1. Onsite; 5.2.2. Virtual; 5.3. Market Analysis, Insights and Forecast – By End User; 5.3.1. Small-sized Organizations; 5.3.2. Medium-sized Organizations; 5.3.3. Large Organizations; 5.4. Market Analysis, Insights and Forecast – By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Latin America; 5.4.5. Middle East & Africa
6. North America Corporate Wellness Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Services; 6.1.1. Health Risk Assessment; 6.1.2. Smoking Cessation; 6.1.3. Fitness; 6.1.4. Weight/ Nutrition Management; 6.1.5. Stress Management; 6.1.6. Others; 6.2. Market Analysis, Insights and Forecast – By Delivery Model; 6.2.1. Onsite; 6.2.2. Virtual; 6.3. Market Analysis, Insights and Forecast – By End User; 6.3.1. Small-sized Organizations; 6.3.2. Medium-sized Organizations; 6.3.3. Large Organizations; 6.4. Market Analysis, Insights and Forecast – By Country; 6.4.1. U.S.; 6.4.1.1. By Services; 6.4.2. Canada; 6.4.2.1. By Services
7. Europe Corporate Wellness Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Services; 7.1.1. Health Risk Assessment; 7.1.2. Smoking Cessation; 7.1.3. Fitness; 7.1.4. Weight/ Nutrition Management; 7.1.5. Stress Management; 7.1.6. Others; 7.2. Market Analysis, Insights and Forecast – By Delivery Model; 7.2.1. Onsite; 7.2.2. Virtual; 7.3. Market Analysis, Insights and Forecast – By End User; 7.3.1. Small-sized Organizations; 7.3.2. Medium-sized Organizations; 7.3.3. Large Organizations; 7.4. Market Analysis, Insights and Forecast – By Country/ Sub-region; 7.4.1. Germany; 7.4.1.1. By Services; 7.4.2. U.K.; 7.4.2.1. By Services; 7.4.3. France; 7.4.3.1. By Services; 7.4.4. Spain; 7.4.4.1. By Services; 7.4.5. Italy; 7.4.5.1. By Services; 7.4.6. Scandinavia; 7.4.6.1. By Services; 7.4.7. Rest of Europe; 7.4.7.1. By Services
8. Asia Pacific Corporate Wellness Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Services; 8.1.1. Health Risk Assessment; 8.1.2. Smoking Cessation; 8.1.3. Fitness; 8.1.4. Weight/ Nutrition Management; 8.1.5. Stress Management; 8.1.6. Others; 8.2. Market Analysis, Insights and Forecast – By Delivery Model; 8.2.1. Onsite; 8.2.2. Virtual; 8.3. Market Analysis, Insights and Forecast – By End User; 8.3.1. Small-sized Organizations; 8.3.2. Medium-sized Organizations; 8.3.3. Large Organizations; 8.4. Market Analysis, Insights and Forecast – By Country/ Sub-region; 8.4.1. Japan; 8.4.1.1. By Services; 8.4.2. China; 8.4.2.1. By Services; 8.4.3. India; 8.4.3.1. By Services; 8.4.4. Australia; 8.4.4.1. By Services; 8.4.5. Southeast Asia; 8.4.5.1. By Services; 8.4.6. Rest of Asia Pacific; 8.4.6.1. By Services
9. Latin America Corporate Wellness Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Services; 9.1.1. Health Risk Assessment; 9.1.2. Smoking Cessation; 9.1.3. Fitness; 9.1.4. Weight/ Nutrition Management; 9.1.5. Stress Management; 9.1.6. Others; 9.2. Market Analysis, Insights and Forecast – By Delivery Model; 9.2.1. Onsite; 9.2.2. Virtual; 9.3. Market Analysis, Insights and Forecast – By End User; 9.3.1. Small-sized Organizations; 9.3.2. Medium-sized Organizations; 9.3.3. Large Organizations; 9.4. Market Analysis, Insights and Forecast – By Country/ Sub-region; 9.4.1. Brazil; 9.4.1.1. By Services; 9.4.2. Mexico; 9.4.2.1. By Services; 9.4.3. Rest of Latin America; 9.4.3.1. By Services
10. Middle East & Africa Corporate Wellness Market Analysis, Insights and Forecast, 2019-2032: 10.1. Market Analysis, Insights and Forecast – By Services; 10.1.1. Health Risk Assessment; 10.1.2. Smoking Cessation; 10.1.3. Fitness; 10.1.4. Weight/ Nutrition Management; 10.1.5. Stress Management; 10.1.6. Others; 10.2. Market Analysis, Insights and Forecast – By Delivery Model; 10.2.1. Onsite; 10.2.2. Virtual; 10.3. Market Analysis, Insights and Forecast – By End User; 10.3.1. Small-sized Organizations; 10.3.2. Medium-sized Organizations; 10.3.3. Large Organizations; 10.4. Market Analysis, Insights and Forecast – By Country/ Sub-region; 10.4.1. GCC; 10.4.1.1. By Services; 10.4.2. South Africa; 10.4.2.1. By Services; 10.4.3. Rest of Middle East & Africa; 10.4.3.1. By Services
11. Competitive Analysis: 11.1. Global Market Share Analysis (2023); 11.2. Company Profiles; 11.2.1. ComPsych Corporation; 11.2.1.1. Overview; 11.2.1.2. Products & services; 11.2.1.3. SWOT Analysis; 11.2.1.4. Recent Developments; 11.2.1.5. Strategies; 11.2.1.6. Financials (Based on Availability); 11.2.2. Privia Health; 11.2.2.1. Overview; 11.2.2.2. Products & services; 11.2.2.3. SWOT Analysis; 11.2.2.4. Recent Developments; 11.2.2.5. Strategies; 11.2.2.6. Financials (Based on Availability); 11.2.3. Virgin Pulse; 11.2.3.1. Overview; 11.2.3.2. Products & services; 11.2.3.3. SWOT Analysis; 11.2.3.4. Recent Developments; 11.2.3.5. Strategies; 11.2.3.6. Financials (Based on Availability); 11.2.4. EXOS; 11.2.4.1. Overview; 11.2.4.2. Products & services; 11.2.4.3. SWOT Analysis; 11.2.4.4. Recent Developments; 11.2.4.5. Strategies; 11.2.4.6. Financials (Based on Availability); 11.2.5. Marino Wellness; 11.2.5.1. Overview; 11.2.5.2. Products & services; 11.2.5.3. SWOT Analysis; 11.2.5.4. Recent Developments; 11.2.5.5. Strategies; 11.2.5.6. Financials (Based on Availability); 11.2.6. Vitality; 11.2.6.1. Overview; 11.2.6.2. Products & services; 11.2.6.3. SWOT Analysis; 11.2.6.4. Recent Developments; 11.2.6.5. Strategies; 11.2.6.6. Financials (Based on Availability); 11.2.7. Wellsource, Inc.; 11.2.7.1. Overview; 11.2.7.2. Products & services; 11.2.7.3. SWOT Analysis; 11.2.7.4. Recent Developments; 11.2.7.5. Strategies; 11.2.7.6. Financials (Based on Availability); 11.2.8. Central Corporate Wellness; 11.2.8.1. Overview; 11.2.8.2. Products & services; 11.2.8.3. SWOT Analysis; 11.2.8.4. Recent Developments; 11.2.8.5. Strategies; 11.2.8.6. Financials (Based on Availability); 11.2.9. Truworth Wellness; 11.2.9.1. Overview; 11.2.9.2. Products & services; 11.2.9.3. SWOT Analysis; 11.2.9.4. Recent Developments; 11.2.9.5. Strategies; 11.2.9.6. Financials (Based on Availability)