Press release
Workplace Stress Management Market Comprehensive Study: Forecasted Market Size And Growth Rate
Workplace Stress Management
The Business Research Company offers in-depth market insights through Workplace Stress Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The workplace stress management market size has grown rapidly in recent years. It will grow from $9.55 billion in 2023 to $10.57 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to employee well-being initiatives, awareness of mental health, work-life balance emphasis, occupational health and safety regulations, employee productivity concerns..
The workplace stress management market size is expected to see rapid growth in the next few years. It will grow to $15.85 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to remote work challenges, corporate mental health policies, increased mental health advocacy, customized stress reduction programs, global economic conditions.. Major trends in the forecast period include implementation of flexible work arrangements, introduction of stress reduction workshops and training, incorporation of employee assistance programs, emphasis on positive workplace culture, recognition of burnout as a key concern..
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Market Segmentation:
The workplace stress management market market covered in this report is segmented -
1) By Service: Stress Assessment, Yoga And Meditation, Resilience Training, Progress Tracking Metrics, Other Services
2) By Delivery Mode: Individual Counselors, Personal Fitness Trainers, Meditation Specialists, Other Delivery Modes
3) By Activity: Indoor, Outdoor
4) By End User: Large Private Organizations, Mid-Sized Private Organizations, Small Private Organizations, NGO, Public sector
Major Driver - Rising Popularity Of Yoga Fuels Workplace Stress Management Market Growth
The increase in the popularity of yoga is expected to propel the growth of the workplace stress management market going forward. Yoga is primarily a spiritual practice that focuses on achieving harmony between the body and mind. It is based on a very delicate science. Yoga promotes mental and physical relaxation, which aids in the reduction of stress and anxiety. Physical postures increase flexibility, relieve tension, and reduce pain. The practice of yoga in professional workplaces is driving the demand for the workplace stress management market. For instance, according to Yoga Basics, a US-based online resource for yoga, about 300 million people practice yoga globally. Therefore, the rising popularity of yoga will fuel the expansion of the market for workplace stress management.
Competitive Landscape:
Major companies operating in the workplace stress management market market report are CVS Health Payor Solutions, Fitbit Inc., Asset Health Inc, ComPsych Corporation, CuraLinc Healthcare LLC, Marino Wellness LLC, Wellness Corporate Solutions LLC, Wellsource Inc., Sol Wellness LLC, Central Corporate Wellness Pte. Ltd., Truworth Health Technologies Private Limited, ACAP HealthWorks, Animo B.V., BHS International Ltd, Canopy Inc., eMindful Inc., Happify Health, Headspace Inc., LifeDojo Inc., Magellan Health Inc., Mindario Inc., SilverCloud Health Limited, Total Brain Limited, Whil Concepts Inc., Workplace Options LLC, 2Morrow Inc., Audink Inc., BetterUp Inc., Castlight Health Inc., The Cigna Group
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Top Trend - Technological Innovation Drives Workplace Stress Management Solutions
Technological advancements are the key trends in the workplace stress management market. The adoption of advanced solutions is appreciated by organizations that benefit employees to relax their minds and manage their stress. For instance, in April 2022, Talkspace, a US-based digital behavioural technology healthcare company, launched Talkspace Self-Guided, a suite of offerings for employers to help managers, executives, and teams prioritize mental wellness and emotional intelligence in and out of the workplace. This includes a single smartphone app built on the principles of attachment therapy that goes beyond mindfulness exercises that can be accessed anonymously at any time to offer employees tried-and-true mental health training.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Workplace Stress Management Market Characteristics
3. Workplace Stress Management Market Trends And Strategies
4. Workplace Stress Management Market - Macro Economic Scenario
5. Workplace Stress Management Market Size And Growth
…..
27. Workplace Stress Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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