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Corporate Wellness Market projected to register a CAGR of more than 8.8% from 2018 to 2026

Employee welfare is gaining center-stage as across countries, governments demand it and companies witness benefits accrue on account of better employee well-being. Not only do such programs and initiatives help improve emotional and physical health of a large segment of population but also they help in improving work performance. As per Transparency Market Research, “The global corporate wellness market is on an upward curve and a number of interesting growth opportunities are anticipated to emerge over the forecast period particularly for large MNCs and corporate houses that are already involved in such initiatives. It is expected that areas such as healthcare, individual needs, and insurance will be hotbeds.”

One of the most significant areas that are expected to drive the market on to a higher growth trajectory over the forecast period is health risk assessment. It holds a special place in the overall growth story owing to being one of the most needed elements in terms of well-being. Besides, it allows for better work output if the employees are in the best of their health. A number of schemes that are seeing an increase in implementation are smoking cessation, nutritional advice, fitness drills, health screening, and weight management. Governments across the globe have been quite emphatic in their push towards improvement in health and wellness. They have also pushed for better safety and hygiene of employees.

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Transparency Market Research states that the over the forecast period global corporate wellness market would grow by a rate of 8.8%, compounded annually over the period 2018 to 2026. A number of companies are working towards improving their performance index by improving work and efforts directed towards such corporate wellness programs, driving the market forward by a substantial value. It is also worth noting that the North America would hold a prominent place in the regional charts with a sizeable revenue accounted for by the region.

Asia Pacific Region to Chart Notable Growth in the Global Corporate Wellness Market over the Forecast Period

A number of companies in the global corporate wellness market are now eyeing the Asia Pacific (APAC) region owing to factors such as anticipation regarding higher growth rate, leading to a number of untapped growth opportunities. In order to understand what is driving the region o remarkable growth, it is significant to understand that a lot of Foreign Direct Investment is pouring in the region. Intellectual resources are also making their way in the market. Thus one notes an increase in training modules, welfare schemes and healthcare guidelines. Besides, there is push from employees and the government to put such safeguards in place.

It is also worth noting here that a sizeable share of revenue will be accounted for by regions such as North America and Europe, which are developed, and implemented such schemes way back, and are now ready to capitalize upon that move. Presence of strong players in the two regions is also a significant factor, propelling growth in the market.

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Fragmented and Competitive – Vendor Landscape of Global Corporate Wellness Explained

The global corporate wellness market is fragmented and leading players include ComPsych Corporation, Central Corporate Wellness, Optum, Inc., Truworth Wellness, SOL Wellness, JLT Australia (Recovre Group), Sodexo, and ConneXions Asia.Market players are contributing positively to the growth of global corporate wellness market by their proactive and creative measures taken up at regular intervals. To consolidate market position and penetrate new markets, players often deploy strategies such as alliances – mergers and acquisitions, and partnerships and collaborations. As per Transparency Market Research, “These allow players to combine know-how, resources, and technology improvement. Besides, a firm grasp on the market can be achieved via strategic alliances based on mutual synergies.

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Corporate Wellness Market SWOT Analysis by Size, Status and Growth Opportunities by 2025

A Qualitative Research Study accomplished by HTF MI Titled on Corporate Wellness Market Size, Status and Forecast to 2025. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Central Corporate Wellness, ComPsych Corporation, Optum, Inc, JLT Australia (Recovre Group), Truworth Wellness, SOL Wellness, Sodexo, ConneXions Asia & Bupa Wellness Pty Ltd etc. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

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This report studies the Global Corporate Wellness market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Corporate Wellness market by companies, region, type and end-use industry.
Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on ” Corporate Wellness Market by Type (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Weight Management & Nutrition), by End-Users/Application (Big-Size Company & Small & Medium Sized Companies) and Region – Forecast to 2025″. Early buyers will get 10% customization on study.

to Avail deep insights of Global Corporate Wellness Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2020-2025), Segment Revenue Market Share (%) by Players (2020-2025) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
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Competitive Analysis:
The major players are focusing highly on innovation in technologies to improving efficiency level. The industry growth outlook is captured by ensuring ongoing process improvements of players and optimal strategies taken up by companies to fight COVID-19 Situation. Company profile section of players such as Central Corporate Wellness, ComPsych Corporation, Optum, Inc, JLT Australia (Recovre Group), Truworth Wellness, SOL Wellness, Sodexo, ConneXions Asia & Bupa Wellness Pty Ltd includes its relevant information like name, subsidiaries, website, headquarters, market rank, gain/drop in market position, historical background or growth commentary and top 3 closest competitors by Market capitalization / revenue along with contact information. Each company’s revenue figures, Y-o-Y growth rate and gross & operating margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers & acquisition, patent approval and new launch etc.

Market Segments: The Global Corporate Wellness Market has been divided into type, application, and region.

On The Basis Of Type: Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Weight Management & Nutrition.
On The Basis Of Application: Big-Size Company & Small & Medium Sized Companies

On The basis of region, the Corporate Wellness is segmented into countries, with production, consumption, revenue (million USD), and market share and growth rate in these regions, from 2014 to 2025 (forecast), see highlights below

• North America (USA & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• South Central & Latin America (Brazil, Argentina, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The United Kingdom., Germany, France, Italy, Spain, Poland, Sweden, Denmark & Rest of Europe) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, ASEAN Countries, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, Kenya, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World

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