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Global Workplace Wellness Market: Size, Share, Growth, Trends, and Forecast 2020-2027

03-27-2023 07:25 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Workplace Wellness Market

Workplace Wellness Market

The workplace wellness market refers to the industry that provides products and services aimed at improving the health and wellbeing of employees in the workplace. This market includes a range of offerings such as wellness programs, health screenings, fitness classes, stress management workshops, nutrition counseling, and other wellness-related services.

The global workplace wellness market size was valued at $49.81 billion in 2019, and is projected to reach $66.20 billion by 2027, registering a CAGR of 5.9% from 2020 to 2027. The increasing focus on employee health and wellbeing, coupled with rising healthcare costs and the need to increase employee productivity, are the key factors driving the growth of this market.

The market is highly fragmented, with a large number of small and medium-sized companies offering a range of wellness products and services. Some of the major players in the market include Fitbit, Novant Health, EXOS, Virgin Pulse, Vitality Health, ComPsych, HealthifyMe, MDVIP, Marino Wellness, WorkStride. Some of the others players considered are FitLinxx.

Overall, the workplace wellness market is expected to continue to grow in the coming years as more and more employers recognize the importance of employee health and wellbeing, and invest in programs and services to improve it.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ: https://www.alliedmarketresearch.com/request-sample/6300

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ, ๐ซ๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ ๐š๐ง๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ-

Rise in incidence of chronic diseases, and increase in awareness and implementation of wellness programs by employers are the prime factors fueling the growth of the global workplace wellness market. On the other hand, huge costs levied to the respective companies curb the growth to some extent. Nevertheless, untapped developing economies are expected to create a plethora of opportunities in the near future.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐Ÿ๐ŸŽ๐ŸŽ ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ,๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ) https://www.alliedmarketresearch.com/checkout-final/f0cbb7784016bbb2cbac9b40453afc97

๐“๐ก๐ž ๐ก๐ž๐š๐ฅ๐ญ๐ก ๐ฌ๐œ๐ซ๐ž๐ž๐ง๐ข๐ง๐  ๐š๐ง๐ ๐š๐ฌ๐ฌ๐ž๐ฌ๐ฌ๐ฆ๐ž๐ง๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ฅ๐ž๐š๐ ๐ญ๐ก๐ž ๐ญ๐ซ๐š๐ข๐ฅ ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”-

The health screening and assessment segment, contributed to more than one-fourth of the global workplace wellness market share in 2018, and is expected to dominate throughout the forecast period. This is attributed to the fact that most of the companies are focusing toward health screening and assessment programs. On the other hand, the weight management and fitness services segment would showcase the fastest CAGR of 7.4% during 2019-2026. This is due to increase in incidence of obesity across the globe.

๐“๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž-๐ฌ๐ข๐ณ๐ž ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ฉ๐ž๐ซ๐ข๐จ๐-

The large-size companies segment accounted for more than one-fourth of the global workplace wellness market revenue in 2018, and is projected to lead the trail by the end of 2026. The fact that large size companies have more budget to spend on workplace wellness programs has boosted the segment growth. Simultaneously, the mid-size companies' segment is anticipated to register the fastest CAGR of 7.0% during the study period. Increased adoption of wellness programs by mid-size companies has driven the growth.

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ญ๐จ ๐ซ๐ฎ๐ฅ๐ž ๐ญ๐ก๐ž ๐ซ๐จ๐จ๐ฌ๐ญ-

North America held the major share in 2018, generating nearly two-fifths of the global workplace wellness market, owing to the presence of major workplace wellness service providers and better healthcare and medical infrastructure in the region. The same region would also cite the fastest CAGR of 6.5% till 2026.

๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐š๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/6300

๐–๐จ๐ซ๐ค๐ฉ๐ฅ๐š๐œ๐ž ๐–๐ž๐ฅ๐ฅ๐ง๐ž๐ฌ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

ComPsych
HealthifyMe
Privia Health
Wellsource
FitLinxx
Truworth Wellness
Wellness Workplace Solutions
Central Workplace Wellness
Marino Wellness

๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Gene Synthesis Market: https://www.alliedmarketresearch.com/gene-synthesis-market-A39015

Mobile Tomography Market: https://www.alliedmarketresearch.com/mobile-tomography-market-A31901

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

David Correa
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help@alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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