openPR Logo
Press release

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
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
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.

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

News-ID: 2989457 • Views: โ€ฆ

More Releases from Allied Market Research

Horse Betting Market's CAGR Surge: A USD Billion Dollar Growth Story 2022 - 2032
Horse Betting Market's CAGR Surge: A USD Billion Dollar Growth Story 2022 - 2032
Horse betting, one of the oldest forms of bet, has evolved dramatically over the centuries. From its origins in ancient civilizations to the high-tech, data-driven industry it is today, the horse betting market has adapted to cultural, technological, and economic shifts. This article explores the current landscape of the horse betting market, its challenges, opportunities, and the factors driving its growth. The horse betting market was valued at $44.3 billion inโ€ฆ
Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 2032
Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 203 โ€ฆ
Allied Market Research published a new report, titled, " Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 2032 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry andโ€ฆ
Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion by 2032
Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion โ€ฆ
Allied Market Research published a new report, titled, "Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determineโ€ฆ
Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032
Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032
Allied Market Research published a new report, titled, "Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps toโ€ฆ

All 5 Releases


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, andโ€ฆ
Workplace Wellness Market Future Growth till 2026 | Wellness Workplace Solutions โ€ฆ
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 andโ€ฆ
Corporate Wellness- A Market Worth Observing Growth | BetterLYF Wellness, Classh โ€ฆ
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.โ€ฆ
Wellness Tourism Market 2025 | Wellness & Hormone Centers of America, Aro Ha Wel โ€ฆ
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 ledโ€ฆ
Workplace Wellness Market Future Growth till 2026 | Wellness Workplace Solutions โ€ฆ
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 andโ€ฆ
Workplace Wellness Market Shaping from Growth to Value FitLinxx, HealthifyMe, Tr โ€ฆ
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 andโ€ฆ