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Corporate Wellness Market Size, Share & Trends Analysis Report by Service (Health Risk Assessment, Fitness, Smoking Cessation), by End Use, by Category, by Type, by Delivery Model, by Region, and Segment Forecasts, 2020 - 2027

  • ID: 4613401
  • Report
  • February 2020
  • Region: Global
  • 100 pages
  • Grand View Research
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FEATURED COMPANIES

  • ComPsych
  • EXOS
  • Privia Health
  • SOL Wellness
  • Truworth Wellness
  • Virgin Pulse
  • MORE
The global corporate wellness market size is expected to reach USD 97.4 billion by 2027, expanding at a CAGR of 6.9%. Rising lifestyle related disorders lead to rise in financial burden on the employers due to associated insurance costs. The corporate wellness initiatives target specific health risk factors including stress, obesity, smoking, poor eating, and lack of exercise to improve employee productivity.

Organizations have initiated the implementation of wellness programs to improve business profits by reducing employee healthcare related costs. According to a study conducted by Harvard economists, absenteeism costs fall by USD 2.73 for every dollar spent on the programs. Therefore, employees need to be encouraged to adopt a healthier lifestyle to improve their performance.

Various employers collaborate with gyms and sports centers to establish pricing strategies. Employees receive discounts and membership benefits if they opt for gym memberships via their employers. Organizations are providing wearable devices such as Fitbit health bands, Apple watches, and Google watches, which helps in keeping track of parameters such as heart rate and blood pressure.

Further key findings from the report suggest:
  • The health risk assessment segment dominated the overall corporate wellness market in terms of revenue share in the year 2019. The health screening activities enable employers to implement strategic initiatives to deal with the identified health risks
  • The stress management segment is likely to showcase the fastest growth rate over the forecast period from 2020 to 2027, owing to the rising preference for onsite yoga and meditation services
  • Large scale organizations dominated the end-use segment in the market in 2019. The infrastructure in large scale companies makes conducting wellness services easier and convenient
  • The large scale organizations segment dominated the market in 2019 and fitness and nutrition consultants segment is anticipated to witness the fastest growth rate over the forecast period
  • Services dominated the type segment in 2019 and the technology segment is projected to be the fastest growing segment during the forecast period
  • North America dominated the overall market in terms of revenue share in the year 2019 due to growing popularity of corporate wellness among organizations in the region. According to a survey by Benefits Canada conducted on 1,300 employers, North America had the highest number of corporate wellness programs. In this region, more than 80% of the employers are offering corporate wellness services to their employees
  • Some of the key players in this market are ComPsych, Wellness Corporate Solutions, Virgin Pulse, Provant Health Solutions, EXOS, Marino Wellness, Privia Health, Vitality Group, Wellsource, Inc., Central Corporate Wellness, Truworth Wellness, and SOL Wellness.

Please note: This product will be delivered within 48 business hours after receipt of order.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ComPsych
  • EXOS
  • Privia Health
  • SOL Wellness
  • Truworth Wellness
  • Virgin Pulse
  • MORE
Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.1.1 Service
1.1.2 End Use
1.1.3 Category
1.1.4 Regional Scope
1.1.5 Estimates and Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Primary research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity flow analysis (Model 1)
1.6.2 Volume price analysis (model 2)
1.7 List of Secondary Sources
1.8 Objectives
1.8.1.1 Objective - 1
1.8.1.2 Objective - 2

Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.2.1 Service
2.2.2 End Use
2.2.3 Category
2.2.4 Region
2.3 Competitive Insights

Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Penetration & Growth Prospect Mapping
3.2.1 Penetration Analysis
3.2.2 Market Driver Analysis
3.2.2.1 Reduction in employee Healthcare costs
3.2.2.2 Growing prevalence and early onset of chronic diseases
3.2.3 Market Restraint Analysis
3.2.3.1 Slow Adoption and Low Awareness
3.3 Corporate Wellness Market: Business Environment Analysis Tools
3.3.1 Porter’s Five Forces Analysis
3.3.1.1 Bargaining power of suppliers
3.3.1.2 Bargaining power of buyers
3.3.1.3 Threat of new entrants
3.3.1.4 Competitive rivalry
3.3.1.5 Threat of substitutes
3.3.2 PESTEL Analysis
3.3.2.1 Political & legal
3.3.2.2 Economic
3.3.2.3 Technological

Chapter 4 Corporate Wellness Market: Service Analysis
4.1 Corporate Wellness Service Market Share Analysis, 2019 & 2027
4.2 Corporate Wellness Service Market: Segment Dashboard:
4.3 Market Size & Forecasts and Trend Analyses, 2016 to 2027 for the Service Segment
4.3.1 Health Risk Assessment
4.3.1.1 Health risk assessment market, 2016 - 2027 (USD Million)
4.3.2 Fitness
4.3.2.1 Fitness market, 2016 - 2027 (USD Million)
4.3.3 Smoking Cessation
4.3.3.1 Smoking cessation market, 2016 - 2027 (USD Million)
4.3.4 Health Screening
4.3.4.1 Health screening market, 2016 - 2027 (USD Million)
4.3.5 Nutrition & Weight Management
4.3.5.1 Nutrition & weight management market, 2016 - 2027 (USD Million)
4.3.6 Stress Management
4.3.6.1 Stress management market, 2016 - 2027 (USD Million)
4.3.7 Others
4.3.7.1 Others market, 2016 - 2027 (USD Million)

Chapter 5 Corporate Wellness Market: End Use Analysis
5.1 Corporate Wellness End Use Market Share Analysis, 2019 & 2027
5.2 Corporate wellness End Use Market: Segment Dashboard:
5.3 Market Size & Forecasts and Trend Analyses, 2016 to 2027 for the End Use Segment
5.3.1 Small Scale Organizations
5.3.1.1 Small scale Organizations market, 2016 - 2027 (USD Million)
5.3.2 Medium Scale Organizations
5.3.2.1 Medium scale Organizations market, 2016 - 2027 (USD Million)
5.3.3 Large Scale Organizations
5.3.3.1 Large scale Organizations market, 2016 - 2027 (USD Million)

Chapter 6 Corporate Wellness Market: Category Analysis
6.1 Corporate Wellness Category Market Share Analysis, 2019 & 2027
6.2 Corporate Wellness Category Market: Segment Dashboard:
6.3 Market Size & Forecasts and Trend Analyses, 2016 to 2027 for the Category Segment
6.3.1 Fitness & Nutrition Consultants
6.3.1.1 Fitness & Nutrition Consultants market, 2016 - 2027 (USD Million)
6.3.2 Psychological Therapists
6.3.2.1 Psychological Therapists market, 2016 - 2027 (USD Million)
6.3.3 Organizations/Employers
6.3.3.1 Organizations/employers market, 2016 - 2027 (USD Million)

Chapter 7 Corporate Wellness Market: Type Analysis
7.1 Corporate Wellness Type Market Share Analysis, 2019 & 2027
7.2 Corporate Wellness Type Market: Segment Dashboard:
7.3 Market Size & Forecasts and Trend Analyses, 2016 to 2027 for the Type Segment
7.3.1 Services
7.3.1.1 Services market, 2016 - 2027 (USD Million)
7.3.2 Technology
7.3.2.1 Technology market, 2016 - 2027 (USD Million)

Chapter 8 Corporate Wellness Market: Delivery Model Analysis
8.1 Corporate Wellness Delivery Model Market Share Analysis, 2019 & 2027
8.2 Corporate Wellness Delivery Model Market: Segment Dashboard:
8.3 Market Size & Forecasts and Trend Analyses, 2016 to 2027 for the Delivery Model Segment
8.3.1 Onsite
8.3.1.1 Onsite market, 2016 - 2027 (USD Million)
8.3.2 Offsite
8.3.2.1 Offsite market, 2016 - 2027 (USD Million)

Chapter 9 Corporate wellness Market: Regional Analysis
9.1 Corporate Wellness Regional Market Share Analysis, 2019 & 2027
9.2 Corporate Wellness Regional Market: Segment Dashboard
9.3 Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends)
9.4 Market Size, & Forecasts, and Trend Analysis, 2016 to 2027
9.4.1 North America
9.4.1.1 North America corporate wellness market, 2016 - 2027 (USD Million)
9.4.1.1.1 U.S.
9.4.1.1.1.1 U.S. corporate wellness market, 2016 - 2027 (USD Million)
9.4.1.1.2 Canada
9.4.1.1.2.1 Canada corporate wellness market, 2016 - 2027 (USD Million)
9.4.2 Europe
9.4.2.1 Europe corporate wellness market, 2016 - 2027 (USD Million)
9.4.2.1.1 U.K.
9.4.2.1.1.1 U.K. corporate wellness market, 2016 - 2027 (USD Million)
9.4.2.1.2 Germany
9.4.2.1.2.1 Germany corporate wellness market, 2016 - 2027 (USD Million)
9.4.2.1.3 France
9.4.2.1.3.1 France corporate wellness market, 2016 - 2027 (USD Million)
9.4.2.1.4 Italy
9.4.2.1.4.1 Italy corporate wellness market, 2016 - 2027 (USD Million)
9.4.2.1.5 Spain
9.4.2.1.5.1 Spain corporate wellness market, 2016 - 2027 (USD Million)
9.4.3 Asia Pacific
9.4.3.1 Asia Pacific corporate wellness market, 2016 - 2027 (USD Million)
9.4.3.1.1 Japan
9.4.3.1.1.1 Japan corporate wellness market, 2016 - 2027 (USD Million)
9.4.3.1.2 China
9.4.3.1.2.1 China corporate wellness market, 2016 - 2027 (USD Million)
9.4.3.1.3 India
9.4.3.1.3.1 India corporate wellness market, 2016 - 2027 (USD Million)
9.4.3.1.4 Australia
9.4.3.1.4.1 Australia corporate wellness market, 2016 - 2027 (USD Million)
9.4.4 Latin America
9.4.4.1 Latin America corporate wellness market, 2016 - 2027 (USD Million)
9.4.4.1.1 Brazil
9.4.4.1.1.1 Brazil corporate wellness market, 2016 - 2027 (USD Million)
9.4.4.1.2 Mexico
9.4.4.1.2.1 Mexico corporate wellness market, 2016 - 2027 (USD Million)
9.4.5 Middle East and Africa (MEA)
9.4.5.1 MEA corporate wellness market, 2016 - 2027 (USD Million)
9.4.5.1.1 South Africa
9.4.5.1.1.1 South Africa corporate wellness market, 2016 - 2027 (USD Million)

Chapter 10 Competitive Analysis
10.1 Strategic Framework/ Competition Categorization (Key innovators, Market leaders, emerging players
10.2 Vendor Landscape
10.3 Public & Private Companies
10.3.1 Company market position analysis (Revenue, geographic presence, product portfolio, Strategic Initiatives, EMPLOYEE STRENGTH)
10.4 List of Few Corporate Wellness Providers
10.5 Company Profiles
10.5.1 ComPsych
10.5.1.1 Company overview
10.5.1.2 Product benchmarking
10.5.2 Wellness Corporate Solutions, LLC
10.5.2.1 Company overview
10.5.2.2 Product benchmarking
10.5.2.3 Strategic initiatives
10.5.3 Virgin Pulse
10.5.3.1 Company overview
10.5.3.2 Product benchmarking
10.5.3.3 Strategic initiatives
10.5.4 Provant Health Solutions
10.5.4.1 Company overview
10.5.4.2 Product benchmarking
10.5.4.3 Strategic initiatives
10.5.5 EXOS
10.5.5.1 Company overview
10.5.5.2 Product benchmarking
10.5.5.3 Strategic initiatives
10.5.6 Marino Wellness
10.5.6.1 Company overview
10.5.6.2 Product benchmarking
10.5.7 Privia Health
10.5.7.1 Company overview
10.5.7.2 Product benchmarking
10.5.7.3 Strategic initiatives
10.5.8 Vitality Group
10.5.8.1 Company overview
10.5.8.2 Product benchmarking
10.5.8.3 Strategic initiatives
10.5.9 wellsource, Inc.
10.5.9.1 Company overview
10.5.9.2 Product benchmarking
10.5.9.3 Strategic initiatives
10.5.10 Central Corporate Wellness
10.5.10.1 Company overview
10.5.10.2 Product benchmarking
10.5.11 Truworth Wellness
10.5.11.1 Company overview
10.5.11.2 Product benchmarking
10.5.12 SOL Wellness
10.5.12.1 Company overview
10.5.12.2 Product benchmarking


*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
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  • ComPsych
  • EXOS
  • Privia Health
  • SOL Wellness
  • Truworth Wellness
  • Virgin Pulse
  • wellsource, Inc.
Note: Product cover images may vary from those shown
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