Corporate Wellness Market Size, Share, Top Vendors, Industry Trends, Growth, Recent Developments, Technology Forecast to 2029
                      
High stress levels and deadlines at the workplace have caused many a breakdown among employees. 
Corporate wellness programs are designed by large organizations by themselves or with the help of 
others for ensuring the wellbeing of employees. They contain a holistic approach and deal with 
employee behavior in a steady manner. The global corporate wellness market report by Market 
Research Future (MRFR) analyzes the value of various solutions by prioritizing employee health. 
Market Outlook 
The global Corporate Wellness Market is estimated to exhibit 7% CAGR from 2018 to 2023 (forecast 
period) to reach a large valuation. The market size stood at USD 49.7 billion in 2017. Programs 
designed for keeping stress levels under check are expected to drive market growth. According to a 
report by the U.S. Department of Health and U.S. Department of Labor, nearly 80% companies in the 
United States with strength of over 50 employees offer some wellness program. Focus of large 
corporations to reduce healthcare expenses and advocation of positive behavior at the marketplace 
are other market drivers. Furthermore, rise of private capex, surge in white-collar worker numbers, 
and increasing prevalence of lifestyle diseases such as obesity, smoking, and lethargy are factors which 
can influence the market growth till 2023. 
Coaching services which can foster long-term relationships between employees and employers are 
gaining traction. Implementation of coaching and wellness programs can spell low leave rates due to 
absenteeism. Companies with forward thinking approaches and with an aim for increasing efficiency 
can augment the corporate wellness market demand till the end of the forecast period. 
Segmentation Analysis 
The us corporate wellness inc market is segmented by category, service type, and end-user. 
By category, it is segmented into smoking cessation, health screening, health risk assessment, 
nutrition & weight management, stress management, and others. Among these, the health risk 
assessment segment accounted for the largest market share in 2017 with corporations implementing 
intervention programs to prevent the chances of burnouts or breakdowns. 
By service type, it is segmented into organizations, psychological therapists, and fitness & nutrition 
consultants. 
By end-user, it is segmented into large-scale businesses, small-scale businesses, and medium-scale 
businesses. 
Competitive Outlook 
Central Corporate Wellness, Truworth Health Technologies Pvt. Ltd., EXOS, Sodexo Group, Wellness 
Corporate Solutions, LLC, 1to1help.net Pvt. Ltd., Privia Health, SOL Wellness, ProvantHealth (Hooper 
Holmes, Inc.), Wellsource, Inc., Virgin Pulse, ComPsych Corporation, Marino Wellness, Bupa 
Wellness Pty Ltd, and The Vitality Group, Inc., are notable players currently operational in the 
corporate wellness market. 
Regional Analysis 
Asia Pacific (APAC), the Middle East & Africa (MEA), the Americas, and Europe are regions covered in 
the global corporate wellness market report. 
The Americas is projected to dominate the global us corporate wellness inc market due to 
establishment of various corporate wellness programs for boosting employee morale and promoting 
a healthy work culture. It was the leading region in 2017 due to expanded healthcare budgets of 
nations of the U.S. and Canada, rise of lifestyle diseases, and offerings of wearables to employees. Tie-
ups with wellness centers and spas can be beneficial to the market. 
The Europe region is expected to experience a giant windfall in the coming years due to increasing 
investments in wellness programs. Moreover, tax benefit schemes accorded to enterprises such as Fit 
for Work initiative in the U.K. can bode well for the market. The regional growth can be supported by 
incorporation of health and wellness programs by medium to large enterprises. 
The APAC region can experience a robust growth rate due to corporate social responsibility (CSR) 
initiatives being a tax benefit for large organizations. Large employee workforce in China and India can 
trigger the demand for wellness activities. Lastly, the MEA region can register a modest growth rate 
due to investment in employee health and change in healthcare reforms in the United Arab Emirates 
(UAE). 
Industry News 
Corporate wellness programs are focusing on female employees in an attempt to bridge the large 
gender divide at the workplace. For instance, the program at Deloitte India offers women employees 
counselling services at the time of pregnancy and does check-ins with expectant mothers on diet, 
health and nutrition, and anxiety. 
Browse Full Report: https://www.marketresearchfuture.com/reports/corporate-wellness-market-
6963  
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