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Corporate Wellness Services in the UK - Industry Market Research Report

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    Report

  • 76 Pages
  • May 2024
  • Region: United Kingdom
  • IBISWorld
  • ID: 4015619

Well in: Surging demand for corporate wellness services are pushing up revenue in 2023-24

The surge in academic research and increased media spotlight on the toll that illness and injury can take on businesses has boosted wellness services. Companies have come to appreciate the importance of corporate wellness services in trimming down these costs. More and more businesses have been investing in wellness services in recent years. This growing trend has been propelled by a drop in the UK unemployment rate during the same period. Massive layoffs in the financial services sector since Brexit, sluggish demand from public-sector entities, and stiff competition from gyms and in-house services have somewhat stifled growth. On top of that, the COVID-19 outbreak significantly impacted revenue in 2020-21. Companies in this industry provide a range of wellness services including health risk assessments, health and fitness programmes, educational advisory services and counselling services. These activities are designed to improve the health and well-being of employees in order to increase productivity and minimise costs for the company. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Major Markets
  • Globalisation & Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Nuffield Health
  • The British United Provident Association Ltd

Methodology

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