Press release
Global Medical Wellness Market is Worth US$ 1.1 Tn and is Expected to Reach US$ 4.3 Tn by 2031
As per Persistence Market Research's latest industry analysis, the global medical wellness market was valued at over US$ 1 Tn in 2020, and is expected to exhibit a CAGR of 14.1% over the forecast period (2021-2031)Wellness includes activities that improve health, quality of life, and level of human happiness. Nowadays, people are focusing on the preventive and proactive aspects of health, and the health economy is integrated into the industrial sector. Key areas of wellness include wellness tourism, fitness, complementary and alternative medicine, lifestyle wellness, spa and rejuvenation industry, workplace wellness, etc.
Request For Free Sample Report of Medical Wellness Market @ https://www.persistencemarketresearch.com/samples/18787
Service providers are focusing on introducing effective services that would meet consumer demand and give satisfactory outcomes.
For instance, in July 2020, Daybreak Health launched an online mental health therapy for teens amid the COVID-19 pandemic's mental health crisis.
Company Profiles:
• Naluri
• MINMED GROUP PTE LTD
• Magenta Wellness Pte Ltd.
• Asiamedic Limited
• Truworth Wellness (Truworth Health Technologies Pvt. Ltd.)
• Mednefits
• BaliSpirit
• Sukhavati Retreat
• BDMS Wellness Clinic
• MeeHappy Wellness
Key Takeaways from Market Study
• Personal care, beauty and anti-aging services are expected to rise at a CAGR of 12.1% over the forecast period (2021-2031).
• Based on age group, the adults segment accounted for the highest share of 66.8% in 2021.
• Among the applications, therapeutic wellness gained popularity accounting for 66.8% of market share and is expected to dominate throughout the forecast period at a growth rate of 12%.
• Based on client, domestic clients gained the highest revenue share of 53.7% at a growth rate of 12%.
• North America holds a major share in the global medical wellness market and a similar trend is expected to continue.
"Growing awareness regarding healthy lifestyle and inclination toward wellness technology are expected to boost demand for medical," says an analyst of Persistence Market Research.
Buy The Complete Report to read the analysed strategies adopted by the top vendors either to retain or gain market share@ https://www.persistencemarketresearch.com/checkout/18787
Market Competition
To gain large revenue shares in the medical wellness market, leading service providers continue to rely upon acquisitions, collaboration, alliances, and service launches to provide access to safe services. Concerns of patients regarding safety are being taken care of. Many small as well as large companies, are investing in this niche market.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the global medical wellness market in its latest study, presenting a historical demand assessment of 2016 - 2020 and projections for 2021 - 2031. the research study is based on service type (personal care, beauty and anti-ageing, nutrition and weight loss, fitness and mind-body, preventative and personalized medicines, traditional and complementary medicines, medical spa, thermal/mineral springs and workplace wellness), age group (adult and geriatric), application (therapeutic wellness, rehabilitation, and occupational wellness), and client (international clients and domestic clients), across seven key regions of the world.
For more information about this report visit@ https://www.persistencemarketresearch.com/market-research/medical-wellness-market.asp
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About Us
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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 Global Medical Wellness Market is Worth US$ 1.1 Tn and is Expected to Reach US$ 4.3 Tn by 2031 here
News-ID: 2757132 • Views: …
More Releases from Persistence Market Research
Europe Calf Milk Replacer Market to Reach US$1,657.2 Mn by 2032 | Driven by Risi …
The Europe calf milk replacer market is poised for significant growth over the coming years. The market size is projected to reach US$1,018.6 million in 2025 and is anticipated to expand to US$1,657.2 million by 2032, registering a robust compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2032. The growth trajectory is driven by the increasing awareness among dairy farmers regarding the nutritional requirements…
Croscarmellose Sodium Market to Reach $487 Mn by 2032, Driven by Rising Pharma D …
The global croscarmellose sodium market is projected to witness significant expansion over the forecast period, reflecting the growing adoption of pharmaceutical excipients across diverse applications. Valued at approximately US$ 288.7 million in 2025, the market is expected to reach US$ 487.0 million by 2032, registering a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. This growth trajectory is driven primarily by increasing demand for orally disintegrating tablets…
Europe Egg Replacement Ingredients Market to Reach $1,711.1 Mn by 2032, Driven b …
The Europe egg replacement ingredients market is witnessing significant expansion, driven by the increasing adoption of plant-based diets and rising consumer awareness regarding health and wellness. The market size is projected to reach US$ 952.2 million in 2025 and is expected to surge to US$ 1,711.1 million by 2032, registering a robust CAGR of 8.7% over the forecast period from 2025 to 2032. The growing demand for clean-label products, vegan…
Kraft Paper Market to Reach US$ 25.0 Billion by 2032: Growth Driven by Rising De …
The global Kraft Paper market is undergoing significant expansion, driven by the accelerating shift toward eco-friendly packaging materials and the rising global awareness surrounding sustainability. As industries worldwide transition from plastic-based packaging to biodegradable alternatives, kraft paper has emerged as one of the most sought-after materials due to its strength, recyclability, and versatility.
According to the latest study by Persistence Market Research, the global Kraft Paper market size is projected to…
More Releases for Wellness
Anantamayaya Wellness Announces Expansion of Holistic Wellness
Anantamayaya Wellness Yoga Announces Expansion of Holistic Wellness Services
Kuala Lumpur
9/10/2024
Anantamayaya Wellness Announces Expansion of Holistic Wellness Services in Kuala Lumpur, Malaysia - Anantamayaya Wellness, a leading provider of holistic wellness services in Kepung, Kuala Lumpur, is pleased to announce the expansion of its offerings to meet the growing demand for integrative and preventative healthcare. The expansion includes introducing new services, such as beginner yoga practice for wellness and health, and…
Workplace Wellness Market Future Growth till 2026 | Wellness Workplace Solutions …
The global workplace wellness market was valued at $46.08 billion 2018 and is expected to reach $74.00 billion by 2026, registering a CAGR of 6.1% from 2019 to 2026. Workplace wellness programs are executed by the employers for managing the overall health issues of their employees and includes programs, policies, and others These worksite health programs are now becoming an important part that combines individual and organizational level strategies and…
Corporate Wellness- A Market Worth Observing Growth | BetterLYF Wellness, Classh …
A new research document is added in HTF MI database of 45 pages, titled as 'Corporate Wellness Market in India 2020' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Asia-Pacific etc. and important players/vendors such as Apollo Life Care Pvt. Ltd., Bargain Technologies Pvt. Ltd., BetterLYF Wellness Pvt. Ltd. , Classhop technologies India Pvt. Ltd., HealthifyMe Wellness Pvt.…
Wellness Tourism Market 2025 | Wellness & Hormone Centers of America, Aro Ha Wel …
Global Wellness Tourism Market: Snapshot
The demand within the global market for wellness tourism is expanding on account of the global propensity of the masses to immerse themselves into the cultures of a foreign land. Wellness tourism essentially refers to travel to a different country or region in order to get physiological and mental tranquillity through the native therapies of that region. In the contemporary times, globalization has not just led…
Workplace Wellness Market Future Growth till 2026 | Wellness Workplace Solutions …
The global workplace wellness market was valued at $46.08 billion 2018 and is expected to reach $74.00 billion by 2026, registering a CAGR of 6.1% from 2019 to 2026. Workplace wellness programs are executed by the employers for managing the overall health issues of their employees and includes programs, policies, and others These worksite health programs are now becoming an important part that combines individual and organizational level strategies and…
Workplace Wellness Market Shaping from Growth to Value FitLinxx, HealthifyMe, Tr …
The global workplace wellness market was valued at $46.08 billion 2018 and is expected to reach $74.00 billion by 2026, registering a CAGR of 6.1% from 2019 to 2026. Workplace wellness programs are executed by the employers for managing the overall health issues of their employees and includes programs, policies, and others these worksite health programs are now becoming an important part that combines individual and organizational level strategies and…
