The factors such as rising awareness regarding the employee’s health and wellbeing, growing awareness for healthy eating habits and exercise, the high prevalence of obesity, the reduction of insurance and healthcare costs, increasing focus on work-life balance and the implementation of company-sponsored employee-centric healthcare campaigns that offer lifestyle coaching are likely to contribute to the healthy growth of the market.
New York, July, 2021: Axiom Market Research & Consulting™ added a report on global corporate wellness solution market which includes study on service offering, category, delivery mode and end users across various countries of key regions across the globe. The global corporate wellness solution market was projected to grow at a CAGR of 9% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the corporate wellness solution market.
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The report analyses the global corporate wellness solution industry based on service offering, delivery mode, category, end users and geography. Various service offerings covered in global corporate wellness solution market are health risk assessment, nutrition and weight management, smoking cessation, fitness services, biometric screening, alcohol/substance abuse services, mental/behavioral health management, virtual consultation/virtual care, employee assistance programs, and health benefits programs. Category such as fitness and nutrition consultant, organizations/employers, psychological therapist are analyzed in the global corporate wellness solution market. The various delivery modes studied are onsite and offsite. The end-users in the market are large organizations, medium sized organization, small organizations, Others. The global corporate wellness solution market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
The key competitors of this market include Centene Corporation, ComPsych, CVS health Corporation, LifeWorks, Inc., United Health Group, Virgin Group Ltd. ADURO Inc., Anthem Inc., Beacon Health Options, Central Corporate Wellness, Cerner Corporation, Cleveland Clinic, EXOS, Fitbit Inc., Marino Wellness, Privia Health, Provant Health Solutions, SOL Wellness, TELUS, Trueworth Wellness, Virgin Pulse, Vitality Group, Well Nation, Wellness Corporate Solution, Glisbar, MedCan Clinic.
Corporate Wellness Solution Market Segmental Highlights
- The health risk assessment is expected to dominate the corporate wellness solution market during the forecast period 2021 to 2027. The growth of this segment is rapidly improving owing to the utility of this service for early identification and mitigation health risks in employees.
- In 2020, The organizations dominated the market and accounted for the largest revenue share owing to increased adoption of different wellness programs and solution to maintain a healthy lifestyle of the employee’s.
- The onsite delivery segment is witnessing the fastest growth owing to personal touch offered to the employee’s wellbeing along with the facility to exercise under the guidance of trained coaches and fitness consultants to meet their personal health requirement.
- Segment such as large scale organizations are expected to observe lucrative growth in coming years. Key factor attributed to this growth is the increasing investment in the health screening services.
- North America dominated corporate wellness solution market in 2020 and is expected to witness the fastest growth in upcoming years.
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Research Objectives of Corporate Wellness Solution Market Report:
- Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
- Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
- Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
- Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Corporate Wellness Solution Market.
- Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
- Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players
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Axiom Market Research & Consulting
3 Germany Dr.Ste 4 – 4666
Wilmington DE 19804
U.S.:- + 1 (845) 875-9786
U.K.:- + 44 (0) 20 3286 9707
Email: [email protected]