Health Coaching Market Update 2023: Projected to grow at a CAGR of 7.4% by 2031, Report
Health coaching is a form of complementary healthcare practice centered around assisting individuals in establishing and achieving their health and wellness objectives. Health coaches offer personalized guidance and support to aid clients in making positive lifestyle changes, including adopting healthier eating habits, engaging in regular exercise, and effectively managing stress. By working collaboratively with their clients, health coaches help identify areas of improvement in their lives, establish attainable goals, and create tailored plans to facilitate their journey towards those goals. Furthermore, health coaches provide valuable education on various topics such as nutrition, exercise, and stress management.
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The Health Coaching Market Size was valued at $16,914.65 million in 2021 and is estimated to reach $34,812.48 million by 2031, exhibiting a CAGR of 7.4% from 2022 to 2031.
- CAGR: 7.4%
- Current Market Size: USD 16.79 Billion
- Forecast Growing Region: APAC
- Largest Market: North America
- Projection Time: 2021- 2031
- Base Year: 2021
The market trends in health coaching indicate a significant increase in the prevalence of behavioral health disorders, encompassing conditions such as alcohol use disorders, substance abuse disorders, eating disorders, ADHD, and others. For example, data from the American Hospital Association (AHA) reveals that in 2020, an estimated 52 million adults in the United States were diagnosed with behavioral or emotional disorders. This growing prevalence underscores the critical need for health coaching services to address these issues and support individuals in managing their overall well-being.
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Key findings of the study
- On the basis of type, the holistic & wellness health coaching segment accounted for a major share of the health coaching market in 2021.
- On the basis of mode, the online segment is anticipated to grow with the highest CAGR throughout the forecast period.
- On the basis of duration, the 6 months to 12 months segment is anticipated to grow with the highest CAGR throughout the forecast period.
- On the basis of application, the general wellness segment is anticipated to grow with the highest CAGR during the forecast period.
- On the basis of region, North America occupied a major share of the health coaching market in 2021.
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Key Health Coaching Players
- Health Coach Institute
- Institute for Integrative Nutrition
- UK Health Coaches Association
- Weljii
- BrainMD Health
- WellSteps, LLC
- Advanced Wellness Systems, LLC
- Dr. Sears Wellness Institute
- Concentra Inc
- The American Council on Exercise
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in the coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
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