Corporate Wellness Services in the UK - Industry Market Research Report

Corporate Wellness Services in the UK - Industry Market Research Report

Corporate Wellness Services in the UK

The surge in academic research and increased media spotlight on the toll that illness and injury can take on businesses has boosted wellness services. Companies have come to appreciate the importance of corporate wellness services in trimming down these costs. More and more businesses have been investing in wellness services in recent years. This growing trend has been propelled by a drop in the UK unemployment rate during the same period. Massive layoffs in the financial services sector since Brexit, sluggish demand from public-sector entities, and stiff competition from gyms and in-house services have somewhat stifled growth. On top of that, the COVID-19 outbreak significantly impacted revenue in 2020-21.

Companies in this industry provide a range of wellness services including health risk assessments, health and fitness programmes, educational advisory services and counselling services. These activities are designed to improve the health and well-being of employees in order to increase productivity and minimise costs for the company.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.