The global Corporate Wellness Market size was valued at USD 66.52 billion in 2021 and is projected to reach USD 123.18 billion by 2028, growing at a CAGR of 9.2% from 2022 to 2028.
The global Corporate Wellness Market size was valued at USD 66.52 billion in 2021 and is projected to reach USD 123.18 billion by 2028, growing at a CAGR of 9.2% from 2022 to 2028.
A new idea in the workplace is corporate wellness, where initiatives are designed to help employees lead better lives. Corporate wellness initiatives increase output, reduce absenteeism, boost employee morale, and support a holistic approach by fostering a culture of health inside the company. According to the history of corporate wellness, employee wellness was mostly a straightforward practice in the 1800s. In 1870, the Pullman Company created an athletic association for its employees. These days, many businesses offer a variety of corporate wellness initiatives, such as reduced or free gym memberships, free massages at work, on-site fitness centers, yoga courses, educational opportunities, rest areas, immunization clinics, health risk assessments, and the provision of nutritious food at the workplace.
Top Key Players Covered In Corporate Wellness Market
ComPsych Corporation (US), Wellness Corporate Solutions (US), Virgin Pulse (US), Provant Health Solutions (US), EXOS(US), Marino Wellness (US), Privia Health (US), Vitality Group (Chicago), Wellsource Inc. (US), Central Corporate Wellness (Singapore), Truworth Wellness (US), SOL Wellness (US), CXA Group (Singapore), Optum (US) and other major players.
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Opportunity:
Technological Advancement in Wellness Programs
Innovative technological applications in wellness initiatives present a rich prospect for business expansion. These days, wearable technology is gaining popularity. Fitbit and fitness trackers, for example, offer smartwatches that track activity levels and boost productivity at work. Employers can use these devices to monitor specific employee data, like heart rate, daily steps taken, physical activity levels, sleep quality, number of calories burned, and other data. These gadgets turn into useful instruments that help staff members gather and analyze data so they can implement the essential modifications in the workplace.
Segmentation Analysis of the Corporate Wellness Market
By Service Type
By End-User
By Delivery Model
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Regional Analysis Of Corporate Wellness Market
By Region
The Study Objectives are:
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Corporate Wellness Market Size , Corporate Wellness Market Share , Corporate Wellness Market Growth , Corporate Wellness Market Trend , Corporate Wellness Market segment , Corporate Wellness Market Opportunity , Corporate Wellness Market Analysis 2023 , US
Jan 19, 2024