Press release
Embracing a Healthier Future: Corporate Wellness Market Predicted to Reach $138.1 Billion by 2031
The global corporate wellness industry is experiencing a remarkable transformation, with a value of $66.5 billion in 2022 and showing no signs of slowing down. Projections indicate that the market is set to achieve a Compound Annual Growth Rate (CAGR) of 8.4% from 2023 to 2031, reaching an impressive value of over $138.1 billion by the end of the forecast period. These figures were revealed in the latest Global Corporate Wellness Market Outlook 2031 report.๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ (๐จ๐๐ฒ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ ๐ฎ๐ถ๐น ๐๐ฑ ๐ณ๐ผ๐ฟ ๐ค๐๐ถ๐ฐ๐ธ ๐ฅ๐ฒ๐๐ฝ๐ผ๐ป๐๐ฒ) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4743&utm_source=OpenPR_Ajay&utm_medium=OpenPR
The rise in non-communicable diseases (NCDs) and heightened awareness of mental health in the corporate sphere are pivotal drivers of the corporate wellness market's expansion. The prevalence of lifestyle-related conditions, such as obesity and diabetes, necessitates preventive health measures, catalyzing the demand for wellness programs. Additionally, mounting healthcare costs are motivating businesses to invest in wellness initiatives to manage expenses effectively.
Employers are witnessing the value of a healthy workforce, leading to improved employee retention, reduced absenteeism due to illness, and enhanced productivity. Supportive government policies and regulations across regions are further encouraging the prioritization of employee health, fostering market growth. Technological advancements and the availability of digital health solutions are also contributing to the market's upward trajectory.
๐๐๐ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ | ๐๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ -
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North America currently leads the global corporate wellness market, with a projection to continue its dominance in the forecast period. Europe and Asia Pacific are also witnessing rapid growth due to supportive policies, increasing healthcare costs, and a rise in lifestyle-related diseases.
Key players shaping the corporate wellness landscape include Anthem, Inc., Virgin Group Ltd., CXA Group Pte. Limited, Optum, Inc., Cerner Corporation, and Alphabet Inc. These industry leaders are driving innovation, offering cost-effective wellness services, and adapting to the evolving market trends.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ -
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=4743&utm_source=OpenPR_Ajay&utm_medium=OpenPR
๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต -
Cardiac Catheters & Guidewires Market
https://www.globenewswire.com/en/news-release/2023/03/13/2625808/0/en/Latest-Cardiac-Catheters-Guidewires-Market-Size-is-Expected-to-Reach-27-9-billion-by-2031-Rising-at-a-Market-Growth-of-7-9-CAGR-During-the-Forecast-Period.html
Severe Acute Respiratory Syndrome Treatment Market
https://www.globenewswire.com/en/news-release/2023/03/13/2625521/0/en/Severe-Acute-Respiratory-Syndrome-Treatment-Market-Value-to-Reach-US-8-6-Bn-by-2031-Data-Analysis-by-Experts-at-Transparency-Market-Research.html
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Nikhil Sawlani
Transparency Market Research Inc.
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