Corporate Wellness Market, By Service (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, and Others), By Category (Fitness & Nutrition Consultants, Psychological Therapists, and Organizations/Employers), By End-Use (Small-Scale Organizations, Medium-Scale Organizations, and Large-Scale Organizations), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI405820 | Publish Date: April 2024 | No. of Pages: 180

Global Corporate Wellness Market By Overview

Corporate Wellness Market was valued at US$ 63 Billion in 2024 and is projected to grow at a CAGR of 5.90% to reach US$ 106.2 Billion by 2034.

The corporate wellness market, which comprises the health risk assessment, stress management, fitness and weight management segments. It is important as most of the employees in an organization are suffering from various diseases like hypertension, depression and so on. Therefore, these coaching services can facilitate long-term customer relationship between the companies providing and receiving health management services and is expected to witness steady growth due to increasing cognizance of workforce wellness. Wellness programs at the workplace help companies in increasing productivity while reducing the overall operational costs. These programs encourage employees to adopt a healthier lifestyle and help companies enhance productivity and employee performance. Excellent employee benefit programs can improve the financial, mental and physical health of employees and mitigate costs associated with healthcare and turnover. Healthy employees can spend less on health care; take fewer sick days which gives the more productive output.

Global Corporate Wellness Market By Dynamics

An increase in the prevalence of lifestyle-related diseases among employees, owing to hectic work, long hours, and unhealthy eating habits. Therefore, many businesses and enterprises in various industry verticals have started implementing health programs for their employees, which will boost market demand. Also, rising awareness regarding employee health and wellbeing is augmenting the market growth.

However, rising cases of obesity increased costs of insurance, which further account for the financial burden on the employers.

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Global Corporate Wellness Market By Segmentation

Corporate wellness market is segmented based on service, category, end-use, and region.

Based on service, the corporate wellness market is segmented into health risk assessment, fitness, smoking cessation, health screening, nutrition & weight management, stress management, and others. Based on the category, the global market is segmented into fitness & nutrition consultants, psychological therapists, and organizations/employers. Based on end-use, the global market is segmented into small-scale organizations, medium-scale organizations, and large-scale organizations.

Regional Insights:                                

On region the corporate wellness market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the Corporate Wellness market due to increase awareness associated with company benefits on implementing programs for an employee on the health-related issue. Asia Pacific Corporate Wellness market is projected to register a high CAGR over the forecast period owing to the growing trend of increasing productivity and excellent performance of the employee.

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Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2024 – 2034

Market Segmentation

By Service- Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, and others

By Category– Fitness & Nutrition Consultants, Psychological Therapists, and Organizations/ Employers

By End Use– Small-Scale Organizations, Medium-Scale Organizations, and Large-Scale Organizations

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report: 
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the corporate wellness market report based on service, category, end use, and region.

Corporate Wellness Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Corporate Wellness Market By Key Players

The key players operating the Corporate Wellness market involves ComPsych; Wellness Corporate Solutions; Virgin Pulse; Provant Health Solutions; EXOS; Marino Wellness, Privia Health; Vitality Group; Wellsource, Inc.; Central Corporate Wellness; Truworth Wellness; and SOL Wellness. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in August 2016 Wellness Corporate Solutions, a U.S.-based company, relocated their warehouse to a new facility in response to rising demand for biometric screening services.

Global Corporate Wellness Market By Company Profile

  • ComPsych
  • Wellness Corporate Solutions
  • Virgin Pulse
  • Provant Health Solutions
  • Marino Wellness
  • Privia Health
  • Vitality Group
  • Wellsource, Inc.
  • True worth Wellness
  • SOL Wellness

Global Corporate Wellness Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Corporate Wellness Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Service
      • Market Snippet, By Category
      • Market Snippet, By End Use
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Service, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Health Risk Assessment
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Fitness
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Smoking Cessation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Health Screening
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Nutrition & Weight Management
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Stress Management
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Category, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Fitness & Nutrition Consultants
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Psychological Therapists
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Organizations/Employers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Market Segmentation, By End Use, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Small-Scale Organizations
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Medium-Scale Organizations
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Large-Scale Organizations
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Category, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End Use, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Category, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End Use, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Category, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End Use, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Category, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End Use, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Category, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End Use, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Region, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
      • ComPsych
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Wellness Corporate Solutions
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Virgin Pulse
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Provant Health Solutions
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Marino Wellness
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Privia Health
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Vitality Group
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Wellsource, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Central Corporate Wellness
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • Truworth Wellness
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
      • SOL Wellness.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Tragedy
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The global corporate wellness market is segmented based on service, category, end-use, and region.

An increase in the prevalence of lifestyle-related diseases among employees, owing to hectic work, long hours, and unhealthy eating habits. Therefore, many businesses and enterprises in various industry verticals have started implementing health programs for their employees, is the major factor driving growth of the global market

The market in North America accounts highest revenue share to the global Corporate Wellness market due to increase awareness associated with company benefits on implementing programs for an employee on the health-related issue.

Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in August 2016 Wellness Corporate Solutions, a U.S.-based company, relocated their warehouse to a new facility in response to rising demand for biometric screening services.