Competitive landscape section of this Global Corporate Wellness Market report provides details such as company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve etc. Global Corporate Wellness Market report analyses market deeply and provides market size information by country, product, indication, application and end user. Each individual segment’s growth is analysed and these insights are subsequently considered before providing with the market overview which can help in understanding and identification of the core applications in the broad market.
This Global Corporate Wellness Market research document potentially presents with plentiful insights and business solutions that will lend a hand to stay ahead of the competition. This business report presents the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2027. In this Global Corporate Wellness Market report, industry trends are formulated on macro level which helps clients and the businesses comprehend market place and possible future issues. This Global Corporate Wellness Market research document provides wide-ranging analysis of the market structure along with evaluations of the various segments and sub-segments of the market.
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Global Corporate Wellness Market, By Service (Weight Management, Health Risk Assessments (Hras), Health Screening, Nutrition, Fitness, Smoking Cessation, Other Services, Vaccinations, Stress Management, Diabetes Management), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Corporate Wellness Market
The Global Corporate Wellness Market is expected to reach USD 84.67 billion by 2025, from USD 50.20 billion in 2017 growing at a CAGR of 6.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Corporate Wellness Market
It is necessary for all to be healthy. People now are cutting down their sugar levels, trying to go to gym, trying to do proper exercise and also trying to quit their bad habits of smocking. Corporate wellness programs are intended to provision and encourage a complete method for the employee wellbeing by making an organizational culture of health. There are workplace wellness programs that are conducted by the firms for health benefits. These programs help in enhancing the employees productivity and reduces the overall operational cost. These programs help the employees to adopt a healthier life style. The organizations like spas and wellness centers gives training individually or in group settings, which helps the firms for longer benefits. Corporate wellness has been evolving in the last few years due to economic transformation and the evolving nature of work. There are number of benefits that can be provided by the corporate wellness activities reduced healthcare costs, reduced absenteeism, reduced stress, increased productivity and increased morale.
In 2018, JLT (Australia) acquired MOOLA, a digital saving and investment service Company which empower individuals with better performance regarding improved emotional, financial and physical wellness.
In 2009, Sodexo introduces a corporate wellness offer that including marketing, designing, managing programs and services, that are aligned with Sodexo’s core value which recognized in “Better Tomorrow Plan”.
Major Market Drivers And Restraints:
- Increase in adoption of newly introduced corporate wellness plans for fitness, weight management and nutrition.
- Growing awareness about corporate wellness programs
- Rise in expenditure on health care
- Lack of availability for corporate wellness services
- Low penetration of health care facilities
Market Segmentation: Global Corporate Wellness Market
- The global corporate wellness market is segmented based on service, and geographical segments.
- Based onservice type, the market is segmented into weight management, Health Risk Assessments (HRAs), health screening, nutrition, fitness, smoking cessation, other services, vaccinations, stress management, diabetes management.
- Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, South Africa and, Brazil among others.
Competitive Analysis: Global Corporate Wellness Market
The global corporate wellness market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of corporate wellness market for global, Europe, North America, Asia Pacific and South America.
In 2016, United Healthcare partnership with Qualcomm to launch new wellness programs which links with health solutions to employees and consumers and provides the wearable devices, home diagnostics test.
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Major Market Competitors/Players: Global Corporate Wellness Market
Some of the major players operating in the global corporate wellness market are Optum, Inc. (United Health Group), Sodexo, JLT Australia (RecovreGroup), Trotter Wellness, ProvantHealth (Hooper Holmes, Inc.), BupaWellness Pty Ltd (BupaGroup), FitLinxx, Corporate Wellness Solutions, SOL Wellness, ComPsych Corporation, ConneXions Asia, CC Group, Truworth Wellness, EXOS, Wellness Corporate Solutions, Central Corporate Wellness, TruworthWellness, CXA Group Pte.Limited, Marino Wellness , Wellness Corporate Solutions , Premise Health , TotalWellness and SOL are among the others.
Global Corporate Wellness Market: Table of Contents
- Executive Summary
- Scope/opportunities of the Report
- Research Methodology
- Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Pipeline Analysis
- Pipeline analysis
- Market Sizing
- Market definition
- Market sizing
- Market size and forecast
- Porter’s Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market Segmentation
- Market opportunity
- Customer Landscape
- Regional Landscape
- Geographical segmentation
- Regional comparison
- North America
- South America
- Market opportunity
- Business Decision Framework
- Drivers And Challenges
- Market challenges
- Market drivers
- Market Key Trends
- Players Landscape
- Landscape disruption
- Players Analysis
- Players covered
- Players classification
- Market positioning of Players
- List of abbreviations
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