Corporate Wellness Market Size Worth US$ 88.5 Billion By 2027 | Industry CAGR of 7.9%
Corporate wellness is a program for companies to promote an effective approach of creating a healthy work environment by improving the physical and mental health of employees. It comprises various methods and practices, such as productivity enhancement activities, financial planning sessions, smoking cessation programs, fitness improvement activities, nutrition assistance, and health insurance benefits. It is designed to reduce the impact of absenteeism and medical premiums on the performance of employees and encourage them to lead an active lifestyle aided by proactive choices. It improves the performance of the employees and enhances the productivity of the company operations at the same time.
It increases job satisfaction levels, boosts employee morale, and promotes the holistic development of the staff. It enables companies to increase their return on investment (ROI) by retaining their current workforce and saving expenses on hiring new staff. It facilitates enhanced stress management and reduces the occurrence of lifestyle disorders in employees. Corporate wellness also assists in generating healthy behavioral practices in company staff, such as getting proper sleep, eating appropriate diets, leading an active life, and quitting smoking and drinking. It attracts competent and talented individuals into the workforce and increases employee participation in various company activities. Corporate wellness raises the profit levels and maintains the reputation of the organization.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/corporate-wellness-market/requestsample
Corporate Wellness Market Trends and Drivers:
The increasing demand for corporate wellness programs in various companies to boost productivity and reduce overall operational costs represents one of the key factors driving the market. Besides this, corporate companies are undertaking initiatives to maintain a healthy work environment with for retaining their workforce around the world, which is propelling the growth of the market. In addition, there is a rise in the prevalence of chronic diseases, such as obesity, stroke, heart attacks, and diabetes, due to changing lifestyle activities. This, along with the increasing stress levels among workers, is contributing to the growth of the market.
Apart from this, the rising competition in the workplace to perform better is positively influencing the market. Additionally, the growing smoking and drinking habits among the masses to cope with hectic work schedules across the globe are offering a favorable market outlook. Moreover, corporate wellness programs are beneficial for both employer and employee to maintain a positive organizational environment and culture, which is strengthening the growth of the market. Furthermore, key players operating in the industry are extensively investing in research and development (R&D) activities to enhance the policies of corporate wellness programs and introduce personalized solutions for each employee with artificial intelligence (AI).
Explore full report with table of contents: https://www.imarcgroup.com/corporate-wellness-market
The report has segmented the market into the following categories:
Breakup by Service:
Health Risk Assessment
Nutrition and Weight Management
Breakup by Category:
Fitness and Nutrition Consultants
Breakup by Delivery:
Breakup by Organization Size:
Small Scale Organizations
Medium Scale Organizations
Large Scale Organizations
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Central Corporate Wellness
Provant Health Solutions
Truworth Health Technologies Pvt. Ltd.
Wellness Corporate Solutions LLC
Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=3858&flag=C
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports By IMARC Group
Digital Dose Inhaler Market: https://www.imarcgroup.com/digital-dose-inhaler-market
Bio-implants Market: https://www.imarcgroup.com/bio-implants-market
Hyperlipidemia Drugs Market: https://www.imarcgroup.com/hyperlipidemia-drugs-market
Portable Oxygen Concentrators Market: https://www.imarcgroup.com/portable-oxygen-concentrators-market
Sports Medicine Market: https://www.imarcgroup.com/sports-medicine-market
Erythropoietin Drugs Market: https://www.imarcgroup.com/erythropoietin-drugs-market
Hemophilia Market: https://www.imarcgroup.com/hemophilia-market
Personal Mobility Devices Market: https://www.imarcgroup.com/personal-mobility-devices-market
IMARC Services Private Limited
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
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 Corporate Wellness Market Size Worth US$ 88.5 Billion By 2027 | Industry CAGR of 7.9% here
News-ID: 2841934 • Views: 241
More Releases from IMARC Group
Edtech Market Size, Top Companies, Revenue by 2028 , Driven by The Inflating Dig …
The latest research study "Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global edtech market size reached US$ 194.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 452.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028. Education technology (EdTech) refers to the technology used to deliver education virtually. It consists of hardware
Physical Security Market To Exceed US$ 171.4 Billion by 2028, Exhibiting a Growt …
The latest research study "Physical Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that The global physical security market size reached US$ 116.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 171.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028. Physical security is used to protect physical assets, personnel, software, hardware, networks, and property
Fintech Market Size To Surpass US$ 449.1 Billion by 2028 | CAGR of 17.7%
The latest research study by IMARC Group, "Fintech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" offers a comprehensive analysis of the industry, which comprises insights on global fintech industry report. The market size reached US$ 158.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 449.1 Billion by 2028, exhibiting a growth rate (CAGR) of 17.7% during 2023-2028. Fintech refers to financial
Audio CODEC Market to Reach US$ 8.1 Bn by 2028 Emerging at a CAGR of 3.93% and F …
The latest research study "Audio CODEC Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the the global audio CODEC market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.93% during 2023-2028. Audio coder-decoder or audio CODEC refers to computer-based applications and integrated circuits (IC)
More Releases for Corporate
Mineral Circles Bearings Unveils Its Revamped Corporate Identity And Corporate W …
Committed to servicing clients with a simplified website interface and enhanced user experience. Mineral Circles Bearings has set a new milestone with a bang as it introduces its uplifted corporate identity along with its revamped corporate website. The new website features a modern design and improved functionality designed to streamline customer’s virtual experience while strategically representing MCB’s new and modern brand identity. By utilizing the experiential knowledge acquired through market research
Corporate Wellness Programs Market Research Report| ProvantHealth, Wellness Corp …
The Research Insights has recently added a new survey report to their vivid and dynamic database. They have formulated this report by taking into consideration all the key aspects that tend to have an impact on the global Corporate Wellness Programs Market share, revenue, and profitability. The industry has demonstrated the present day scenario to socially configure a detailed understanding of the future projections of the market. This analytical research report
Corporate Training Benefits and Requirements of a Hopeful Corporate
A rapidly developing bank enrolls a corporate training experiences alliance. The bank is content with the cutoff points and execution of its kin - for any circumstance, it needs its kin to be and an extraordinary course of action increasingly proactive and get basically intensely pulled in with the customers. The training business comes, drives the program, and leaves. The bank looks workforce article training and finds no change. Besides,
Corporate Bond Market, Top key players are HDFC Corporate Bond Fund ,Aditya Birl …
Corporate Bond Market The report begins with a brief introduction on the various segments of the bond market in Global followed by a further split of corporate bond segments. Evolution of the corporate bond market in Global entails a brief description of the major events that have taken place since its inception. The market overview section provides an overview of the global corporate bond market in terms of issuance of corporate
Corporate Wellness Market Major Leading Business Players-EXOS, ProvantHealth, We …
Corporate Wellness Market report provides Six-Year forecast 2019-2025 with Overview, Classification, Industry Value, Price, Cost and Gross Profit. The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. It also covers types, enterprises and applications. To start with, analytical view to complete information of Corporate Wellness market. Free Sample PDF (including
Corporate Wellness Market Increasing Demand of Key Players: EXOS, ProvantHealth, …
Global Corporate Wellness Market 2018 Forecast to 2023 Corporate wellness programs are designed to support employees understand their health risks, pursue healthy behavior at the workplace, and decrease health care expenditure. Corporate wellness programs consist of health risk assessments, fitness, health screening, weight management, smoking cessation, and nutrition. These programs reduce cost of hospitalization, surgeries, and visits to health care specialists. Moreover, corporate wellness programs increase productivity, decrease absenteeism, and improve