July 29th, 2022
Global corporate wellness market was valued at USD 66.52 billion in 2021 and is expected to reach USD 123.18 billion by 2028, at a CAGR of 9.2% over the analysis period.
Corporate Wellness programs approach certain policies and interferences that address multiple risk factors and health conditions as well as plan strategies that may influence multiple organization levels, including individual employee behavior change, organizational culture, and worksite environment. Workplace wellness programs are considered as an important integral part of an organization, which employs various strategies and interventions to influence employees’ good health. Employees are inspired to adopt a healthy lifestyle and aid companies to enhance their productivity and reduce healthcare costs, by eventually improving employee wellbeing.
The global Corporate Wellness market provides qualitative and quantitative information on the growth rate, market segmentation, market size, future trends, and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the Corporate Wellness market. This report analyzes and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.
We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes delivering precise material. Our scholars have applied a data triangulation method which further assists us in offering trustworthy estimations and accurately testing the general market dynamics. Further, our analysts have received admission to numerous international and regional funded registers for providing up-to-date material so that the stakeholders and business professionals invest only in essential zones.
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The Major Players Covered in this Report:
· Wellness Corporate Solutions
· ComPsych Corporation
· Central Corporate Wellness
· CXA Group
· SOL Wellness
By Type, Corporate Wellness has been segmented into:
· Health Risk Assessment
· Smoking Cessation
· Health Screening
· Nutrition & Weight Management
· Stress Management
By Application, Corporate Wellness has been segmented into:
· Small Scale
· Medium Scale
· Large Scale
Market Segment by Regions and Countries Level Analysis:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Corporate Wellness industry. The study categorizes the Aerospace Carbon Fiber industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
Key Highlights Of The Study
· The stress management is estimated to grow at a remarkable rate during the study period.
· Organizations/Employers accounted for the largest share in 2021 exhibiting three-fifth of the total market share.
· Health screening & risk assessment dominated the market, accounting for maximum shares in 2021, and is expected to retain the same trend during the forecast period.
· The offsite segment is expected to grow at the fastest growth rate during the forecast period.
· Large scale organizations of the end-user segment generated the highest revenue in 2021and are anticipated to maintain this trend throughout the forecast period. Whereas, medium-scale organizations are growing at the fastest rate from 2022 to 2028.
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