Corporate Wellness Market Research Report – Global Forecast till 2027

Global Corporate Wellness Market Research Report: by Service Type (Health Risk Assessment, Stress Management, Nutrition & Weight Management, Smoking Cessation, Fitness), Category (Fitness & Nutrition Consultant, Organization), End User- Forecast Till 2027

ID: MRFR/HS/5498-HCR | February 2021 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario:

Global Corporate Wellness Market is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 49.7 Billion in 2017 and is projected to grow at a CAGR of 7.0% during the forecast period. Corporate wellness programs are designed & conducted in corporate offices to support employees to understand their health risks, pursue healthy behavior at the workplace, and reduce the spending on healthcare. Presently, these programs are increasingly adopted by corporates in order to increase the productivity, decrease absenteeism, and improve morale & quality of work of employees. Factors driving the market growth are globally rising prevalence of obesity, overweight, smoking, and other lifestyle diseases, surging number of white-collar workers, and growth in private sector capex. For instance, according to the World Health Organization (WHO), in 2015, more than 1.1 Billion people smoked tobacco. Tobacco is killing more than 7 million people a year worldwide. Nearly 80% of the 1.1 Billion smokers across the globe living in low- and middle-income countries. As per the same source, obesity has nearly tripled from 1975 to 2016. In 2016, over 1.9 billion adults were overweight, of these more than 650 million were obese.


Segmentation:


The Global Corporate Wellness Market has been segmented into service type, category, and end user.By service type, the market has been segmented into health risk assessment, stress management, nutrition & weight management, smoking cessation, fitness, health screening, and others. In 2017, the health risk assessment segment emerged as the largest value contributor to the market owing to rising adoption of wellness programs to identify health risks and implement appropriate intervention strategies in order to promote the healthy lifestyle. Nearly 80.0% of the corporates are providing these wellness services including health risk assessment of their employees. As per the data published by the ComPsych Corporation, the diet of a person directly impacts lifestyle disorders such as diabetes (79.0%), cholesterol (66.0%), high blood pressure (84.0%), and gastrointestinal diseases (78.0%). This is anticipated to boost the demand for wellness activities.


On the basis of category, the market has been segmented into fitness & nutrition consultants, psychological therapists, and organizations.Based on end user, the market has been segmented into small-scale businesses, medium-scale businesses, and large-scale businesses.The Global Corporate Wellness Market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The corporate wellness market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European Corporate Wellness Market has been segmented into Western Europe and Eastern Europe. The Western Europe Corporate Wellness Market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.The Corporate Wellness Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The corporate wellness market in the Middle East & Africa has been segmented into the Middle East and Africa.


 Key players:


ComPsych Corporation, Wellness Corporate Solutions, LLC, SOL Wellness, Wellsource, Inc., Central Corporate Wellness, Truworth Health Technologies Pvt. Ltd., Virgin Pulse, Marino Wellness, EXOS, Privia Health, The Vitality Group, Inc., ProvantHealth (Hooper Holmes, Inc.), Sodexo Group, Bupa Wellness Pty Ltd, and 1to1help.net Pvt. Ltd. are some of the prominent players in the global corporate wellness market.


Regional Market Summary


Global Corporate Wellness Market Share (%), by Region, 2017


Source: White Papers, Company Presentations, Annual Reports


Geographically, in 2017, the Americas spearheaded the global corporate wellness market due to the presence of corporate wellness providers, changing lifestyle coupled with rising prevalence of chronic diseases (obesity, cardiovascular diseases, and diabetes), increasing expenditure on healthcare, and mounting adoption of wellness activities in the US and Canada.Europe is likely to follow the Americas in terms of value over the forecast period as the European employers are taking proactive stance on employee health and have begun to invest in employee wellness programs. Corporate wellness programs are rapidly becoming a staple for medium to large enterprises in European countries, hence assisting in the market growth.


 The promotion of wellness in the workplace has shifted from a corporate social responsibility (CSR) consideration to a strategic priority, thereby corporate wellness became top human resources (HR) priority in Asia-Pacific region as it accelerates the productivity and business results. Moreover, the population in countries like China & India is on the rise and fueling the demand for wellness activities. Thus, the market in Asia-Pacific would witness the fastest growth during the forecast period. The cCorporate Wellness Market in the Middle East & Africa would register the modest market growth rate from 2018 to 2023. Majority of the regional market is anticipated to be governed by the Middle East region due to increasing healthcare sector reforms, rising investments in corporate wellness programs by United Arab Emirates firms to enhance employee well-being to boost business productivity and competitiveness.


 Global Corporate Wellness Market, by Service Type:



  • Health Risk Assessment

  • Stress Management

  • Nutrition & Weight Management

  • Smoking Cessation

  • Fitness

  • Health Screening

  • Others


Global Corporate Wellness Market, by Category:



  • Fitness & Nutrition Consultants

  • Psychological Therapists

  • Organizations


Global Corporate Wellness Market, by End User:



  • Small-scale Businesses

  • Medium-scale Businesses

  • Large-scale Businesses


Global Corporate Wellness Market, by Region:



  • Americas

    • North America

      • US

      • Canada



    • South America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • The Middle East & Africa

    • Middle East

    • Africa




Global Corporate Wellness Market, by Key Players:



  • Wellness Corporate Solutions, LLC

  • ComPsych Corporation

  • Wellsource, Inc.

  • SOL Wellness

  • Central Corporate Wellness

  • Truworth Health Technologies Pvt. Ltd.

  • Virgin Pulse

  • Marino Wellness

  • EXOS

  • Privia Health

  • The Vitality Group, Inc.

  • ProvantHealth (Hooper Holmes, Inc.)

  • Sodexo Group

  • Bupa Wellness Pty Ltd

  • net Pvt. Ltd.


Intended Audience:



  • Corporate Wellness Providers/Health & Fitness Clubs

  • Information Technology Companies

  • Banking Sector

  • Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) Firms

  • Healthcare Industries


 


 


 


 



Frequently Asked Questions (FAQ) :


As per records of 2017, the corporate wellness market had a valuation of USD 49.7 billion.

The global corporate wellness market has the scope of moving ahead with a 7% CAGR during the forecast period of 2018 to 2023.

The health risk assessment segment had the maximum corporate wellness market share in 2017.

The Americas has the opportunity to drive the global corporate wellness market ahead.

The Asia Pacific region has the potential to emerge as the fastest-growing corporate wellness market.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1. Definition

2.2. Scope of the Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

Chapter 3. Research Methodology

3.1. Introduction

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

Chapter 4. Market Dynamics

4.1. Drivers

4.2. Restraints

4.3. Opportunities

4.4. Challenges

4.5. Macroeconomic Indicators

4.6. Detection Technique Trends & Assessment

Chapter 5. Market Factor Analysis

5.1. Porter’s Five Forces Analysis

5.1.1. Bargaining Power of Suppliers

5.1.2. Bargaining Power of Buyers

5.1.3. Threat of New Entrants

5.1.4. Threat of Substitutes

5.1.5. Intensity of Rivalry

5.2. Value Chain Analysis

5.3. Investment Feasibility Analysis

5.4. Pricing Analysis

Chapter 6. Global Corporate Wellness Market, by Service Type

6.1. Introduction

6.2. Health Risk Assessment

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3. Stress Management

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.4. Nutrition & Weight Management

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.5. Smoking Cessation

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.6. Fitness

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.7. Health Screening

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.8. Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 7. Global Corporate Wellness Market, by Category

7.1. Introduction

7.2. Fitness & Nutrition Consultants

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.3. Psychological Therapists

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.4. Organizations

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 8. Global Corporate Wellness Market, by End User

8.1. Small-scale Businesses

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.2. Medium-scale Businesses

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.3. Large-scale Businesses

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 9. Global Corporate Wellness Market, by Region

9.1. Introduction

9.2. Americas

9.2.1. North America

9.2.1.1. US

9.2.1.2. Canada

9.2.2. South America

9.3. Europe

9.3.1. Western Europe

9.3.1.1. Germany

9.3.1.2. France

9.3.1.3. Italy

9.3.1.4. Spain

9.3.1.5. UK

9.3.1.6. Rest of Western Europe

9.3.2. Eastern Europe

9.4. Asia-Pacific

9.4.1. Japan

9.4.2. China

9.4.3. India

9.4.4. Australia

9.4.5. South Korea

9.4.6. Rest of Asia-Pacific

9.5. Middle East & Africa

9.5.1. Middle East

9.5.2. Africa

Chapter 10. Company Landscape

10.1. Introduction

10.2. Market Share Analysis

10.3. Key Developments & Strategies

Chapter 11. Company Profiles

11.1. Wellness Corporate Solutions, LLC

11.1.1. Company Overview

11.1.2. Product Overview

11.1.3. Financials Overview

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. ComPsych Corporation

11.2.1. Company Overview

11.2.2. Product Overview

11.2.3. Financials Overview

11.2.4. Key Developments

11.2.5. SWOT Analysis

11.2.6. Key Strategies

11.3. Wellsource, Inc.

11.3.1. Company Overview

11.3.2. Product Overview

11.3.3. Financials Overview

11.3.4. Key Developments

11.3.5. SWOT Analysis

11.3.6. Key Strategies

11.4. SOL Wellness

11.4.1. Company Overview

11.4.2. Product Overview

11.4.3. Financials Overview

11.4.4. Key Developments

11.4.5. SWOT Analysis

11.4.6. Key Strategies

11.5. Central Corporate Wellness

11.5.1. Company Overview

11.5.2. Product Overview

11.5.3. Financials Overview

11.5.4. Key Developments

11.5.5. SWOT Analysis

11.5.6. Key Strategies

11.6. Truworth Health Technologies Pvt. Ltd.

11.6.1. Company Overview

11.6.2. Product Overview

11.6.3. Financials Overview

11.6.4. Key Developments

11.6.5. SWOT Analysis

11.6.6. Key Strategies

11.7. Virgin Pulse

11.7.1. Company Overview

11.7.2. Product Overview

11.7.3. Financials Overview

11.7.4. Key Developments

11.7.5. SWOT Analysis

11.7.6. Key Strategies

11.8. Marino Wellness

11.8.1. Company Overview

11.8.2. Product Overview

11.8.3. Financials Overview

11.8.4. Key Developments

11.8.5. SWOT Analysis

11.8.6. Key Strategies

11.9. EXOS

11.9.1. Company Overview

11.9.2. Product Overview

11.9.3. Financials Overview

11.9.4. Key Developments

11.9.5. SWOT Analysis

11.9.6. Key Strategies

11.10. Privia Health

11.10.1. Company Overview

11.10.2. Product Overview

11.10.3. Financials Overview

11.10.4. Key Developments

11.10.5. SWOT Analysis

11.10.6. Key Strategies

11.11. The Vitality Group, Inc.

11.11.1. Company Overview

11.11.2. Product Overview

11.11.3. Financials Overview

11.11.4. Key Developments

11.11.5. SWOT Analysis

11.11.6. Key Strategies

11.12. ProvantHealth (Hooper Holmes, Inc.)

11.12.1. Company Overview

11.12.2. Product Overview

11.12.3. Financials Overview

11.12.4. Key Developments

11.12.5. SWOT Analysis

11.12.6. Key Strategies

11.13. Sodexo Group

11.13.1. Company Overview

11.13.2. Product Overview

11.13.3. Financials Overview

11.13.4. Key Developments

11.13.5. SWOT Analysis

11.13.6. Key Strategies

11.14. Bupa Wellness Pty Ltd

11.14.1. Company Overview

11.14.2. Product Overview

11.14.3. Financials Overview

11.14.4. Key Developments

11.14.5. SWOT Analysis

11.14.6. Key Strategies

11.15. 1to1help.net Pvt. Ltd.

11.15.1. Company Overview

11.15.2. Product Overview

11.15.3. Financials Overview

11.15.4. Key Developments

11.15.5. SWOT Analysis

11.15.6. Key Strategies

Chapter 12. MRFR Conclusion

12.1. Key Findings

12.1.1. From CEO’s View point

12.1.2. Unmet Needs of the Market

12.2. Key Companies to Watch

12.3. Predictions for the Corporate Wellness Industry

Chapter 13. Appendix

LIST OF TABLES

Table 1. Global Corporate Wellness Market Synopsis, 2020–2027

Table 2. Global Corporate Wellness Market Estimates and Forecast, 2020–2027 (USD Million)

Table 3. Global Corporate Wellness Market, by Region, 2020–2027 (USD Million)

Table 4. Global Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 5. Global Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 6. Global Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 7. North America: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 8. North America: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 9. North America: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 10. US: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 11. US: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 12. US: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 13. Canada: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 14. Canada: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 15. Canada: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 16. South America: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 17. South America: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 18. South America: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 19. Europe: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 20. Europe: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 21. Europe: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 22. Western Europe: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 23. Western Europe: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 24. Western Europe: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 25. Eastern Europe: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 26. Eastern Europe: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 27. Eastern Europe: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 28. Asia-Pacific: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 29. Asia-Pacific: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 30. Asia-Pacific: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

Table 31. Middle East & Africa: Corporate Wellness Market, by Service Type, 2020–2027 (USD Million)

Table 32. Middle East & Africa: Corporate Wellness Market, by Category, 2020–2027 (USD Million)

Table 33. Middle East & Africa: Corporate Wellness Market, by End User, 2020–2027 (USD Million)

LIST OF FIGURES

Figure 1. Research Process

Figure 2. Segmentation for Global Corporate Wellness Market

Figure 3. Segmentation Market Dynamics for Global Corporate Wellness Market

Figure 4. Global Corporate Wellness Market Share, by Service Type, 2020

Figure 5. Global Corporate Wellness Market Share, by Category, 2020

Figure 6. Global Corporate Wellness Market Share, by End User, 2020

Figure 7. Global Corporate Wellness Market Share, by Region, 2020

Figure 8. North America: Corporate Wellness Market Share, by Country, 2020

Figure 9. Europe: Corporate Wellness Market Share, by Country, 2020

Figure 10. Asia-Pacific: Corporate Wellness Market Share, by Country, 2020

Figure 11. Middle East & Africa: Corporate Wellness Market Share, by Country, 2020

Figure 12. Global Corporate Wellness Market: Company Share Analysis, 2020 (%)

Figure 13. Wellness Corporate Solutions, LLC: Key Financials

Figure 14. Wellness Corporate Solutions, LLC: Segmental Revenue

Figure 15. Wellness Corporate Solutions, LLC: Geographical Revenue

Figure 16. ComPsych Corporation: Key Financials

Figure 17. ComPsych Corporation: Segmental Revenue

Figure 18. ComPsych Corporation: Geographical Revenue

Figure 19. Wellsource, Inc.: Key Financials

Figure 20. Wellsource, Inc.: Segmental Revenue

Figure 21. Wellsource, Inc.: Geographical Revenue

Figure 22. SOL Wellness: Key Financials

Figure 23. SOL Wellness: Segmental Revenue

Figure 24. SOL Wellness: Geographical Revenue

Figure 25. Central Corporate Wellness: Key Financials

Figure 26. Central Corporate Wellness: Segmental Revenue

Figure 27. Central Corporate Wellness: Geographical Revenue

Figure 28. Truworth Health Technologies Pvt. Ltd.: Key Financials

Figure 29. Truworth Health Technologies Pvt. Ltd.: Segmental Revenue

Figure 30. Truworth Health Technologies Pvt. Ltd.: Geographical Revenue

Figure 31. Virgin Pulse: Key Financials

Figure 32. Virgin Pulse: Segmental Revenue

Figure 33. Virgin Pulse: Geographical Revenue

Figure 34. Marino Wellness: Key Financials

Figure 35. Marino Wellness: Segmental Revenue

Figure 36. Marino Wellness: Geographical Revenue

Figure 37. EXOS: Key Financials

Figure 38. EXOS: Segmental Revenue

Figure 39. EXOS: Geographical Revenue

Figure 40. Privia Health: Key Financials

Figure 41. Privia Health: Segmental Revenue

Figure 42. Privia Health: Geographical Revenue

Figure 43. The Vitality Group, Inc.: Key Financials

Figure 44. The Vitality Group, Inc.: Segmental Revenue

Figure 45. The Vitality Group, Inc.: Geographical Revenue

Figure 46. ProvantHealth (Hooper Holmes, Inc.): Key Financials

Figure 47. ProvantHealth (Hooper Holmes, Inc.): Segmental Revenue

Figure 48. ProvantHealth (Hooper Holmes, Inc.): Geographical Revenue

Figure 49. Sodexo Group: Key Financials

Figure 50. Sodexo Group: Segmental Revenue

Figure 51. Sodexo Group: Geographical Revenue

Figure 52. Bupa Wellness Pty Ltd: Key Financials

Figure 53. Bupa Wellness Pty Ltd: Segmental Revenue

Figure 54. Bupa Wellness Pty Ltd: Geographical Revenue

Figure 55. 1to1help.net Pvt. Ltd.: Key Financials

Figure 56. 1to1help.net Pvt. Ltd.: Segmental Revenue

Figure 57. 1to1help.net Pvt. Ltd.: Geographical Revenue