Corporate Wellness Software Market (Impact Of COVID-19) Growth, Overview With Detailed Analysis 2022-2028

Precision Business Insights published a research report on "Corporate Wellness Software Market: Product Type (On-premise and Cloud-based) By Service (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, Others) Delivery Model (Onsite, Offsite) End User (SMEs, Large Enterprises) - Global/Region/Country Forecast to 2028"

Employee wellness software is a comprehensive method to motivating employees to pay attention to their health, resulting in a more balanced business culture. Companies can use the software to encourage their employees to live a healthy lifestyle. Employee engagement, confidential health screenings, incentives and rewards, education programs, and progress tracking are just a few of the alternatives available. The increased use of fitness solutions across a variety of industrial verticals is projected to fuel need for employee wellness software in the not-too-distant future. Machine learning, AI, and other advances are supported by employee wellness software, resulting in individualised exercise plans for each employee. The software also includes tailored food charts, step tracking and monitoring, motorized blood pressure and cholesterol monitoring, and personal health coaches. During the forecast period, all of these factors are expected to fuel the expansion of the employee wellness software market.

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Employee wellness has become one of the top priorities for businesses. Increased understanding, data, and technology are motivating employees to stay active and reshaping corporate wellness programmes as the wellness industry grows. As a result, one of the key drivers driving the market's growth during the projected period is the increasing acceptance of employee wellness programmes across enterprises. Furthermore, the rising frequency of chronic diseases around the world is fueling the growth of the global corporate wellness software market. Employers are also focusing on establishing wellness programmes that target chronic conditions that are easily addressable in order to cut costs. Employees are fighting back against such programmes for a variety of reasons, including a lack of trust in the employer's capacity to operate an effective programme, scepticism about the programmes' usefulness, and privacy concerns. These concerns are causing a delay in the implementation of corporate wellness software, which is projected to stifle the market's overall growth.

The corporate wellness software market is fragmented on the basis of Service Type, which is further divided into Nutrition and Weight Management, Health Risk Assessment, Stress Management, Smoking Cessation, and Other Service Types. On the basis of End User, the market is divided into Public Sector and Private Sector and Other End Users.

In the worldwide employee wellness software industry, North America has the greatest market share. The need for employee wellness software is being driven by an increase in employee fitness awareness. According to the RAND workplace study, approximately 75% of firms in the United States offer health services to their employees. Larger companies have more complex health-care plans. For example, Apple, Inc. released a customized employee fitness+ app for Apple employees in December 2020. Yoga, cycling, jogging, treadmill, and a variety of other activities are all available through this app.

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There are several industry players working in the Corporate Wellness Software Market, which include CoreHealth Technologies, MediKeeper, Wellness Layers, Alyfe Wellbeing Strategies, BSDI, Ceridian Lifeworks, Corporate Health Partners, Infinite Wellness Solutions, Sprout

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