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Corporate Wellness Market to Grow at a CAGR of 8.4% from 2023 to 2031, Reaching US$ 138.1 billion: As per TMR Study

03-05-2024 12:13 PM CET | Health & Medicine

Press release from: Transparency Market Research

Corporate Wellness

Corporate Wellness

The global ๐œ๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐ฐ๐ž๐ฅ๐ฅ๐ง๐ž๐ฌ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ was valued at US$ 66.5 billion in 2022 and is expected to grow at a CAGR of 8.4% from 2023 to 2031, reaching over US$ 138.1 billion by 2031.

Factors such as the increase in non-communicable diseases (NCDs) prevalence, heightened awareness of mental health in the corporate sector, and rising healthcare costs are driving market growth. Companies are investing in wellness programs to manage healthcare expenses, enhance workforce productivity, reduce absenteeism, and improve employee retention.

Supportive government policies and regulations are further encouraging businesses to prioritize employee health, contributing to market development. Additionally, technological advancements and the availability of digital health solutions are augmenting the market trajectory. Leading players in the industry are focusing on providing efficient and cost-effective wellness services to bolster their customer base.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4743&utm_source=OpenPR&utm_campaign=MansiR

The market refers to the industry focused on promoting and improving the health and well-being of employees within organizations. It encompasses a wide range of wellness programs and initiatives designed to address physical, mental, and emotional health aspects of the workforce.

Corporate wellness offerings may include health risk assessments, fitness and nutrition programs, stress management workshops, mental health support, and ergonomic workplace solutions.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Anthem, Inc., Virgin Group Ltd., CXA Group Pte. Limited, Optum, Inc., Cerner Corporation, Alphabet Inc., Discovery Ltd., LifeWorks, Inc., Aduro, Inc., Workplace Options, Life Time, Inc., Cigna, Technogym, Alyfe Wellbeing Strategies, Seva At Home, Inc., and Vidalink.ย 

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž

Health Risk Assessment
Fitness
Smoking Cessation
Health Screening
Weight Management
Nutrition
Mental Health Management
Others (Alcohol Abuse, Substance Abuse, etc.)

๐Œ๐จ๐๐ž ๐จ๐Ÿ ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ

Onsite
Offsite

๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ

Small Scale Organizations
Medium Scale Organizations
Large Scale Organizations

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

Inย February 2023, Seva At Home, Inc. unveiled the extension of its Seva PRO occupational health and safety services, encompassing onsite medical rooms, employee health check-ups, and cardiac preventive care program. This strategic move is a direct response to the increase in demand for comprehensive health and wellness solutions within the workplace, highlighting the significance of preventive care in promoting overall well-being.

Inย January 2022, Mindhouse underwent a rebranding and transformed into Shyft, signifying the company's emphasis on providing an extensive range of wellness solutions that cater to a wider array of health conditions and concerns. The new branding aims to assist customers in managing their health conditions effectively.

๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

๐๐ฅ๐š๐œ๐ž ๐š๐ง ๐Ž๐ซ๐๐ž๐ซ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=4743<ype=S&utm_source=OpenPR&utm_campaign=MansiR

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Integration of technology such as wearable devices and mobile apps for wellness tracking.

Personalized wellness programs tailored to individual employee needs.
Emphasis on mental health and well-being initiatives.

Adoption of gamification elements to enhance employee engagement.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

The Corporate Wellness Market is poised for significant expansion in the coming years, driven by the escalating demand for comprehensive wellness solutions across industries. Continued innovation, coupled with a proactive approach towards employee health, will be crucial in sustaining market growth.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:

Assessment of current market trends and dynamics.
Analysis of market drivers, challenges, and opportunities.
Evaluation of regional market landscapes and competitive dynamics.
Identification of key market players and their strategies.
Exploration of emerging technological advancements and their impact on the market.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐Œ๐‘:

๐„๐ฅ๐ž๐ฏ๐š๐ญ๐จ๐ซ ๐Œ๐จ๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/04/26/2655735/0/en/Elevator-Motors-Market-to-Expand-at-CAGR-of-6-during-Forecast-Period-2023-2031-as-per-TMR-Study.html

๐„๐ง๐ž๐ซ๐ ๐ฒ ๐‘๐ž๐œ๐จ๐ฏ๐ž๐ซ๐ฒ ๐•๐ž๐ง๐ญ๐ข๐ฅ๐š๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/04/26/2655689/0/en/Energy-Recovery-Ventilators-Market-to-Reach-US-9-8-Bn-by-2031-Transparency-Market-Research-Inc.html

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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