Chronic Diseases Will Drive Global Workplace Wellness Market Expansion

According to a new market research report launched by Inkwood Research, the Global Workplace Wellness Market is anticipated to rise $136345.15 million by 2032, at a CAGR of 6.57% from 2023 to 2032.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/workplace-wellness-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

The United States workplace wellness market is evaluated to grow with a CAGR of 6.28% over the forecast period, 2022-2028
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-states-workplace-wellness-market/

Global Workplace Wellness Market Scenario

Nowadays, the great majority of workers over 30 have one or more chronic illness as a result of bad lifestyle decisions, obesity, and unstable finances. Workplace pressure that is too great can have a lot of harmful impacts, such as weight gain and malnutrition. The alarming rise in the number of workers with chronic illnesses is one of the main reasons businesses are being compelled to introduce workplace wellness initiatives.

Additionally, a rise in employees with poor health results in costs for employers in terms of missed production and high medical expenses. Therefore, during the projected time, all of these factors are anticipated to grow the workplace wellness market.

However, the results of a study conducted by Fortune 100 employers indicated that, only 1or 2 out of every 5 employees participated annually in wellness programs for which they were eligible. The low participation rate is thus hampering the considered market's growth.

The Global Workplace Wellness Market report provides data tables and includes charts and graphs for visual analysis.

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Market Segmentation

Market by End-user
• Large Organizations
• Mid-size Organizations
• Small Organizations
• NGO
• Public Sector

Market by Services
• Alcohol/Substance Abuse Services
• Health Risk Assessment
• Smoking Cessation
• Fitness Services
• Nutrition and Weight Management
• Biometric Screening
• Mental/Behavioral Health Management

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Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032

Companies Profiled
• COMPSYCH
• PRIVIA HEALTH
• ADURO INC
• SONIC BOOM WELLNESS
• WORKPLACE OPTIONS
• VITALITY GROUP
• WELLNESS CORPORATE SOLUTIONS (LABCORP EMPLOYER SERVICES)
• VIRGIN PULSE
• NOVANT HEALTH
• LIMEADE
• EXOS

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This release was published on openPR.