Press release
Corporate Wellness Solutions Market Growth Opportunities, Size, Share Analysis, Recent Developments And Forecast To 2033
The new report published by The Business Research Company, titled ""Corporate Wellness Solutions Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the corporate wellness solutions market size has grown strongly in recent years. It will grow from $77.14 billion in 2023 to $84.76 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The corporate wellness solutions market size is expected to see strong growth in the next few years. It will grow to $121.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
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Stress Management Revolution Fueling Growth In The Corporate Wellness Solutions Market
A rising focus on stress management is expected to propel the growth of the corporate wellness solutions market going forward. Stress management refers to the process of acquiring and practicing a variety of cognitive and behavioral techniques to manage and cope with stress. Corporate wellness solutions improve productivity, job satisfaction, and overall well-being by creating a workplace environment that supports employees' mental health and helps them effectively manage stress. For instance, according to the 2022 Mind the Workplace report published by Mental Health America, a US-based non-profit organization, in 2021, an analysis of survey responses from over 11,300 U.S. employees across 17 industries revealed that 71% of the respondents found it challenging to concentrate at work, compared to 65% in 2020. Therefore, the rising focus on stress management is driving the growth of the corporate wellness solutions market.
Albertsons Companies Launches Sincerely Health, A Groundbreaking Digital Health And Wellness Platform
Major companies operating in the corporate wellness solutions market are developing digital wellness platforms to enhance employee well-being by providing a range of features and tools. A digital wellness platform is a technology-based solution designed to promote and support various aspects of well-being, including physical, mental, and emotional health, through digital tools and resources. For instance, in February 2023, Albertsons Companies Inc., a US-based food and drug retailer, launched Sincerely Health, a digital health and wellness platform that offers personalized health and pharmacy services, enabling customers to achieve their health and wellness goals with reward points redeemable for groceries. Sincerely health is designed to empower users to make informed choices about food, physical activity, sleep, and mindfulness to improve their overall well-being. The platform also provides nutrition insights and lets customers make informed choices about the Health.
The corporate wellness solutions market covered in this report is segmented -
1) By Service: Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition And Weight Management, Stress Management, Other Services
2) By Product: Cloud-Based, On-Premises
3) By Delivery Model: Onsite, Offsite
4) By End-User: Large Organization, Medium-sized Organization, Small Organizations
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Major companies operating in the corporate wellness solutions market are UnitedHealth Group, CVS Health Corporation, Elevance Health, Inc, Centene Corporation, Well Nation, Telus Corporation, Cleveland Clinic, Cerner Corporation, Provant Health Solutions Inc., Privia Health Gr, Fitbit, Inc., Beacon Health Options, Wellness Corporate Solutions, LLC, ComPsych Corporation, Virgin Pulse, Vitality Group, EXOS, Medcan Clinic, Aduro Biotech Inc., Wellsource, Inc., Truworth Wellness, Central Corporate Wellness, Marino Wellness, SOL Wellness
Contents of the report:
1. Executive Summary
2. Corporate Wellness Solutions Market Report Structure
3. Corporate Wellness Solutions Market Trends And Strategies
4. Corporate Wellness Solutions Market - Macro Economic Scenario
5. Corporate Wellness Solutions Market Size And Growth
…..
27. Corporate Wellness Solutions Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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