openPR Logo
Press release

Asia Pacific Corporate Wellness Market to Rise at 9.0% between 2016 and 2024

11-28-2018 05:22 PM CET | Health & Medicine

Press release from: Transparency Market Research

Asia Pacific Corporate Wellness Market to Rise at 9.0% between

led by a number of international as well as local participants, the Asia Pacific corporate wellness market demonstrates a highly competitive business landscape, states a new research study by Transparency Market Research (TMR). Currently, Central Corporate Wellness, Optum Inc., ComPsych Corp., JLT Australia (Recovre Group), SOL Wellness, ConneXions Asia, Truworth Wellness, Sodexo, and Bupa Wellness Pty Ltd. are leading the leading the global market. With new players continuously venturing in this market, the competitive rivalry within participants is likely to intensify further in the near future, states the research report.

View Report -
https://www.transparencymarketresearch.com/asia-pacific-corporate-wellness-market.html

According to the study, the Asia Pacific market for corporate wellness was worth US$3.4 bn in 2015. The market’s opportunity is expected to register a CAGR of 9.0% during the period from 2016 to 2024 and reach a value of US$7.4 bn by the end of the period of the forecast. In 2015, the fitness segment led this regional market, thanks to the augmenting prevalence of chronic diseases, rising medical cost caused by obesity, and the increasing awareness among people regarding health and fitness. However, the smoking cessation segment is anticipated to record a promising growth rate over the next few years, notes the market study.

Request to View Sample of Report -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13988

China has been leading the Asia Pacific corporate wellness market. Expanding at a CAGR of 9.10% during the period from 2016 to 2024, this domestic market is likely to remain on the top over the next few years. The high development rate and the increased uptake of wellness programs in this country is the main factor behind the growth of the China market for corporate wellness. The rapid changes in lifestyles, rising prevalence of chronic diseases, strengthening of economy, and the large-scale urbanization are some other important factors, influencing the growth of the corporate wellness market in China.

Another prominent domestic market for corporate wellness in Asia Pacific is Japan. The amendments directed in Japan’s Industrial Safety and Health Act in December 2015 have been supporting the Japan market for corporate wellness significantly. As per this law, health checkups are mandatory for employees and workers. Apart from this, the support by the government in addressing the issue of employee health in an efficient manner is likely to create a demand for corporate wellness programs in the nation, which is expected to boost this market in the near future, reports the research study.

Request to View Brochure of Report -
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13988

“The increasing prevalence of non-communicable diseases, such as cardiovascular disorders chronic respiratory diseases, diabetes, and cancer, in Asia Pacific has compelled employers to take care of the health and well-being of their employees and, for this, corporate wellness programs and services has emerged to be the most efficient method of doing so,” says an analyst at TMR. This, as a result, has fueled the uptake of corporate wellness solutions among them, which is reflecting greatly on this market. The increasing government support and initiatives, augmenting number of white-collar employees, inclination of employers towards investing in wellness programs, and the rising health consciousness among people are expected to support the growth of the Asia Pacific corporate wellness market in the years to come, states the research report.

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia Pacific Corporate Wellness Market to Rise at 9.0% between 2016 and 2024 here

News-ID: 1405817 • Views: 195

More Releases from Transparency Market Research

Building-integrated Photovoltaics Market is Expected to Elevate to a Value of US …
A building-integrated photovoltaic (BIPV) system is an integral component of the building skin that converts solar energy into electricity and, simultaneously, provides protection from climatic conditions as well as noise to the building structure. BIPV is currently one of the rapidly expanding segments of the global solar PV industry. Is something restraining your company’s growth in the Building-integrated Photovoltaics Market? Ask for the report brochure here https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=454 Favorable government initiatives and policies In order
Aluminum Powders, Pastes, and Flakes Market is Presumed to be Valued at US$ 2.5 …
Aluminum Powders is one of the most abundant metals found in the Earth’s crust. It accounts for nearly 8% (by weight) of the Earth’s crust. Aluminum is the most widely used mental across the globe due to its wide availability and numerous properties. Aluminum powder is manufactured by feeding pure molten aluminum metal to a compressed gas jet and converting it to fine droplets. These droplets are solidified and collected.
Structural Adhesives Market is Expected to Elevate to a Value of US$ 16,962.1 Mn …
A structural adhesive is a type of adhesive that is employed to produce a load-bearing joint. It is capable of holding two or more substrates together for the entire lifespan of a product. Structural adhesives are also known as load-bearing adhesives. These types of adhesives are mainly used in applications where joints typically have lap shear strengths of greater than 1 Mega Pascal 1MPa, and, more normally, greater than 10
Paints and Coatings Market is Likely to Reach a Value of US$ 236.82 Bn by 2026
Paints & coatings are substances which are applied on a substrate to decorate and protect the surface. Paints and coatings are widely employed for decorative purposes. When used for decorative purposes, they improve durability and esthetic appeal of the surface. They provide protect the surface from factors such as environmental conditions, weathering, rust, and chemical resistance. Increasing demand for paints & coatings from several end-use industries such as automotive, construction,

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the