With Magnificent CAGR of 7.2%, Corporate Wellness Market to Show Tremendous Growth by Forecast 2022-2030

Corporate Wellness Market Overview:

In a recent research report by Reports Insight Consulting Pvt. Ltd, the corporate wellness market is expected to surpass USD 97.97by the year 2030, from USD 52.40 Billion in 2021.

The rapidly increasing prevalence of chronic diseases around the world is what is driving the global corporate wellness industry. Market expansion is to blame for the rise in market participants marketing corporate wellness programs to different businesses. To improve the general health and well-being of employees, manufacturers in the worldwide corporate wellness market are concentrating on providing high-quality services. These services are being adopted by numerous companies in developing nations to enhance lifestyle and health. This has greatly decreased overall healthcare spending and raised workforce productivity all across the world.

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Top Key Players of the Corporate Wellness Market:
ComPsych; Wellness Corporate Solutions; Virgin Pulse; Provant Health Solutions; EXOS; Marino Wellness, Privia Health; Vitality Group; Wellsource, Inc.; Central Corporate Wellness; Truworth Wellness; and SOL Wellness, Well Nation, ADURO, INC., Beacon Health Options, Fitbit, Inc.

Category Covered in This Report Are:
Fitness & Nutrition Consultants
Psychological Therapists
Organizations/Employers

On the Basis of Delivery Model:
Onsite
Offsite

By End User:
Small Scale Organizations
Medium Scale Organizations
Large Scale Organizations

Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

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On a global scale, the corporate wellness industry is anticipated to be dominated by North America. Some of the factors influencing the growth of the corporate wellness market in North America include the development of technology in the healthcare sector, an increase in the prevalence of chronic diseases, and an aging population. The corporate wellness industry is expanding in North America as a result of rising consumer awareness of these services and rising healthcare spending. The market is also being driven by improvements in healthcare services in corporate settings.

The corporate wellness market is projected to grow at a significant pace reaching a CAGR of approximately 7.2%, over the forecast period of 2022-2030, despite a considerable fall in Service sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

The study is consolidated into major segments and further into sub-segments, such as by service (health risk assessment, fitness, smoking cessation, health screening, nutrition & weight management, stress management, others), category (fitness & nutrition consultants, psychological therapists, organizations/employers), delivery model (onsite, offsite), end user (small scale organizations, medium scale organizations, large scale organizations) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.

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The research provides answers to the following key questions:

What is the expected growth rate of the Corporate Wellness Market? What will be the market size for the forecast period, 2022 - 2030?
What are the major driving forces responsible for transforming the trajectory of the industry?
Who are major vendors dominating the Corporate Wellness industry across different regions? What are their winning strategies to stay ahead in the competition?
What are the market trends business owners can rely upon in the coming years?
What are the threats and challenges expected to restrict the progress of the industry across different countries?
What are the key opportunities that business owners can bank on for the forecast period, 2022 - 2030?

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