Press release
Corporate Wellness Market is expected to reach US$ 117.9 billion by 2031, driven by heightened awareness of employee health, escalating healthcare costs, and the increasing focus on mental health
Reports and Insights Business Research Pvt. Ltd.
According to the latest report by Reports and Insights, titled, "Corporate Wellness Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast" the global corporate wellness market was valued at USD 53.0 billion in 2024. Looking forward, Reports and Insights anticipates the market to expand at a compound annual growth rate (CAGR) of approximately 4.47% from 2024 to 2032.
Corporate wellness encompasses a range of strategies and programs implemented by organizations to improve the health and well-being of their employees. These initiatives may include fitness activities, mental health support, nutritional advice, stress management sessions, and preventive health check-ups. The aim is to foster a healthier, more engaged, and productive workforce by addressing employees' physical, mental, and emotional needs, which in turn can lead to reduced healthcare expenses, lower absenteeism, and higher employee satisfaction and retention.
Get a PDF Sample for more detailed market insights: https://www.reportsandinsights.com/report/corporate-wellness-market
Corporate Wellness Market Trends
The corporate wellness market is rapidly expanding due to heightened awareness of employee health, escalating healthcare costs, and the increasing focus on mental health. Key trends include the adoption of digital health tools, personalized wellness programs, and the use of data analytics to monitor and enhance employee health. Companies are offering comprehensive wellness initiatives that encompass physical, mental, and emotional well-being, with an emphasis on preventive care and chronic disease management. Moreover, there is a growing trend towards fostering a supportive workplace culture that prioritizes work-life balance and stress reduction.
Ask Customization and Browse full report with TOC & List of Figure: https://www.reportsandinsights.com/report/corporate-wellness-market# [https://www.reportsandinsights.com/report/corporate-wellness-market]
The service segment is estimated to grow at the fastest pace through the forecast period
On the basis of service, the segment is categorized into fitness, health risk assessment, health screening, smoking cessation, stress management and nutrition & weight management. Among these, the fitness sub-segment is currently leading the corporate wellness market. This prominence is driven by an increased focus on physical health, the extensive availability of fitness programs, and the use of technology such as fitness apps and wearable devices. Companies are increasingly recognizing the advantages of promoting physical activity, which improves overall health, enhances productivity, reduces absenteeism, and boosts employee morale. As a result, fitness initiatives, including gym memberships, on-site fitness classes, and virtual workout sessions, have become essential components of corporate wellness programs.
The category segment accounted for the largest share in the corporate wellness market in 2023
On the basis of service, the segment is categorized into psychological therapists, fitness & nutrition consultants and organizations/employers. Among these, the organizations/employers sub-segment is currently leading the corporate wellness market. This trend is driven by companies' increasing recognition of the advantages of investing in employee health, including boosted productivity, decreased absenteeism, and improved employee satisfaction and retention. Businesses are adopting extensive wellness programs that integrate fitness, nutrition, mental health support, and preventive care. By prioritizing employee wellness, employers are fueling the demand for diverse wellness services and embedding them into their organizational culture.
The end-use segment is estimated to grow with highest CAGR during the forecast period of corporate wellness market
On the basis of end-use, the segment is categorized into large scale organizations, medium scale organizations and small-scale organizations. Among these, large-scale organizations are the leading segment in the corporate wellness market. Their dominance is driven by their capacity to invest heavily in comprehensive wellness programs that include fitness, mental health support, and preventive care. With their extensive resources and infrastructure, these organizations can effectively implement and sustain these initiatives, resulting in increased employee engagement, productivity, and overall well-being. Consequently, large-scale organizations are the key drivers of growth and innovation in corporate wellness, surpassing medium and small-scale organizations.
Request Sample Pages: https://www.reportsandinsights.com/sample-request/2187
Asia Pacific has registered fastest growth rate during the forecast period in corporate wellness market
During the forecast period, the Asia-Pacific region has experienced the fastest growth in the corporate wellness market. This surge is driven by the region's booming economies, heightened awareness of employee well-being, and the growing implementation of wellness programs by businesses. The emphasis on health and productivity, particularly in rapidly developing countries like China and India, along with an increasing number of large and medium-sized companies, is fueling the demand for corporate wellness solutions in this area.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
* Wellness Corporate Solutions
* ComPsych
* Provant Health Solutions
* Beacon Health Options
* Virgin Pulse
* Marino Wellness
* EXOS
* Vitality Group
* Privia Health
* Central Corporate Wellness
* Wellsource, Inc.
The report has segmented the market based on service, category, delivery model, end-use and regions.
Breakup by Service
* Fitness
* Health Risk Assessment
* Health Screening
* Smoking Cessation
* Stress Management
* Nutrition & Weight Management
Breakup by Category
* Psychological Therapists
* Fitness & Nutrition Consultants
* Organizations/Employers
Breakup by Delivery Model
* Offsite
* Onsite
Breakup by End-use
* Large Scale Organizations
* Medium Scale Organizations
* Small Scale Organizations
Breakup by Region:
North America
* United States
* Canada
Europe
* Germany
* United Kingdom
* France
* Italy
* Spain
* Russia
* Poland
* Benelux
* Nordic
* Rest of Europe
Asia Pacific
* China
* Japan
* India
* South Korea
* ASEAN
* Australia & New Zealand
* Rest of Asia Pacific
Latin America
* Brazil
* Mexico
* Argentina
Middle East & Africa
* Saudi Arabia
* South Africa
* United Arab Emirates
* Israel
* Rest of MEA
Browse Other Reports by Reports and Insights:
https://www.reportsandinsights.com/report/menopause-wellness-market
https://www.reportsandinsights.com/report/health-and-wellness-market
About Us:
Rports and Insights consistntly mt intrnational bnchmarks in th markt rsarch industry and maintain a kn focus on providing only th highst quality of rports and analysis outlooks across markts, industris, domains, sctors, and vrticals. W hav bn catring to varying markt nds and do not compromis on quality and rsarch fforts in our objctiv to dlivr only th vry bst to our clints globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Media Contact
Company Name: Reports and Insights Business Research Pvt Ltd
Contact Person: Ashwani Kailiya
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=corporate-wellness-market-is-expected-to-reach-us-1179-billion-by-2031-driven-by-heightened-awareness-of-employee-health-escalating-healthcare-costs-and-the-increasing-focus-on-mental-health]
Phone: 8307999379
Address:1820, Avenue M
City: Brooklyn
State: NY
Country: United States
Website: https://www.reportsandinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Corporate Wellness Market is expected to reach US$ 117.9 billion by 2031, driven by heightened awareness of employee health, escalating healthcare costs, and the increasing focus on mental health here
News-ID: 3628695 • Views: …
More Releases from ABNewswire
Holiday Skin Stress? KREMOLOGIE Trademark Offers Professional Solutions for Sens …
Professional-grade skincare brand KREMOLOGIE addresses the seasonal skin challenges facing women this holiday season. With formulations rooted in clinical esthetics expertise, the brand provides barrier-strengthening solutions for reactive skin stressed by holiday demands, travel, and harsh winter conditions.
The holiday season brings joy, celebration, and unfortunately for many women, significant skin stress. Between November and January, dermatologists and estheticians report increased consultations for dehydration, sensitivity flare-ups, and accelerated aging signs. KREMOLOGIE…
Jupiter Landscaping Boosts Home Values in Boynton Beach With High End Landscape …
Jupiter Landscaping enhances Boynton Beach homes with luxury landscape designs, boosting curb appeal and property value.
Boynton Beach, FL - Landscaping experts in Boynton Beach are making a significant impact on home values with their top-tier landscape designs. Specializing in custom landscaping solutions, these professionals offer comprehensive services that enhance curb appeal, create functional outdoor spaces, and increase property value, especially for homeowners seeking Boynton Beach landscaping [https://www.jupiterlandscaping.net/boynton-beach-fl].
"We believe that landscaping…
Naples Comfort Systems Delivers Emergency AC Installation Solutions to Protect G …
Naples Comfort Systems provides fast emergency AC installation to keep Golden Gate families safe and cool during extreme heat.
Naples, FL - In response to the sweltering temperatures affecting Golden Gate and surrounding areas, Naples Comfort Systems is offering AC Installation Golden Gate FL [https://stahlmanac.com/air-conditioning/golden-gate-fl/] services on an emergency basis to help protect local families from the dangers of extreme heat. As the summer heat intensifies, the company is stepping up…
Emergency AC Repair Support Expanded in Golden Gate as Heat Intensifies
Emergency AC repair services in Golden Gate expand as rising temperatures increase demand for fast, reliable cooling solutions.
Naples, FL - As temperatures in Golden Gate and surrounding areas rise to extreme levels, homeowners and businesses are facing the critical need for reliable air conditioning services. To meet this growing demand, Naples Comfort Systems is significantly boosting its emergency AC Repair Golden Gate FL [https://stahlmanac.com/air-conditioning/golden-gate-fl/], ensuring that residents and businesses stay…
More Releases for Business
Business-to-Business eCommerce Market is Going to Boom | Alibaba, Amazon Busines …
The Global Business-to-Business eCommerce Market report, spanning over 135+ pages, provides a comprehensive overview of the product/industry scope and outlines the market outlook and status from 2024 to 2032. The study is segmented by key regions driving market growth. Currently, the market is expanding its presence, with notable contributions from key players such as Alibaba, Amazon Business, eBay Business, IndiaMART, ThomasNet, Global Sources, SAP Ariba, Salesforce, Shopify Plus, BigCommerce, Oracle…
Factors Influencing Global Business Broker Service Market through 2023 and Beyon …
The worldwide "Business Broker Service Market" 2023 Research Report presents a professional and complete analysis of the Global Business Broker Service Market in the current situation. This report includes development plans and policies along with Business Broker Service manufacturing processes and price structures. the reports 2023 research report offers an analytical view of the industry by studying different factors like Business Broker Service Market growth, consumption volume, Market Size, Revenue,…
Business Consulting Company, Business Consulting Firm, Business Consulting Servi …
The market research is an essential portion of any business strategy and primarily comprises of the data collecting about the markets and consumers in those markets. In recent’s globalized business surroundings, effective market research is a critical portion of any business’s efforts to compete successfully.
At Ken Research, the market research services support businesses identify growth opportunities and form a competitive strategy reliant on the deep understanding of consumers and…
Business to Business Media Market 2019 Business Scenario – Bloomberg, IBM, Ora …
A new Profession Intelligence Report released by Stats and Reports with the title Global Business to Business Media Market "can grow into the most important market in the world that has played an important role in making progressive impacts on the global economy. Global Business to Business Media Market Report presents a dynamic vision to conclude and research market size, market hope and competitive environment. The study is derived from…
Business Alliance Market Growing Dynamically with Leading Top Key Players like B …
A business alliance is an agreement between businesses, usually motivated by cost reduction and improved service for the customer. Alliances are often bounded by a single agreement with equitable risk and opportunity share for all parties involved and are typically managed by an integrated project team. An example of this is code sharing in airline alliances.
The Global Business Alliance Market 2019 research provides a basic overview of the industry including…
Global Interferon Market Business Growth, Business Opportunities, Business Outlo …
Albany, NY, USA / 16 Oct 2018: - A New fresh research report presented by KD Market Insights provides a detailed analysis of “Global Interferon Market Size, Trends, Opportunity and Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business…
