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21-Aug-2023

Corporate Wellness Market to Witness Outstanding Growth of USD 89969.20 Million by 2029

This Corporate Wellness market report considers various factors that have direct or indirect effect on the development of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the healthcare industry. Important industry trends, market size, and market share are analysed and discussed in detail in this Corporate Wellness market research report. By understanding the minds of target markets, attitudes, feelings, beliefs and value systems, this market research report has been prepared. The report makes you visualize what the healthcare industry is doing which lends more credibility and trust.

The Corporate Wellness market report is a window to the healthcare industry which gives details about what market definition, classifications, applications, engagements and market trends are. This report contains a chapter on the international Corporate Wellness market and all its associated companies with their profiles, which provides helpful data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. With this, businesses can visualize the landscape about how the market is going to perform in the forecast years by gaining details on market definition, classifications, applications, and engagements.

Data Bridge Market Research analyses that the workplace wellness market which was USD 51,895.46 million in 2021, would rocket up to USD 89969.20 million by 2029, and is expected to undergo a CAGR of 7.12% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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The Corporate Wellness market research report is meticulously crafted to comprehensively assess the Corporate Wellness market across a substantial timeframe. It provides valuable and dependable forecast estimates for key market factors, alongside a historical overview of the market’s state. Additionally, this Corporate Wellness report furnishes effective market strategies to capitalize on market development within the projected period. It presents a thorough and extensive examination of the immediate condition of the Corporate Wellness market. The report presents all significant information pertaining to industries, markets, capabilities, technology, and more. Sequential parameters such as application, development, product innovation, and diverse structures and processes are showcased within the report.

Key Growth Drivers:

  • Increased knowledge of the economic benefits

Adopting a sedentary lifestyle, increased knowledge of the economic benefits offered by these programmes, and the deployment of wellness programmes by employers are the key factors propelling the workplace wellness market. Furthermore, in the anticipated time frame of 2022–2029, untapped developing economies will further generate new chances for the workplace wellness industry.

  • Rising prevalence of chronic illnesses

Two main reasons driving the growth of the global workplace wellness market are the rising prevalence of chronic illnesses and public awareness of the various benefits of workplace wellness programmes. Government programmes and policies aim to enhance both physical and mental health. Office gyms and healthcare facilities with trained fitness coaches are becoming popular among many corporations and they are benefitting the global workplace wellness market.

The report outlines the involvement of key players, including:

  • Wellness Corporate Solutions (U.S.)
  • ComPsych Corporation (U.S.)
  • HealthFit (U.S.)
  • HealthifyMe Wellness Private Limited (Bengaluru)
  • Truworth Health Technologies Pvt. Ltd (India)
  • Marino Wellness (U.S.)
  • Privia Health (U.S.)
  • Wellsource,Inc. (U.S.)
  • Central Workplace Wellness (Singapore)
  • Virgin Pulse (U.S.)
  • SOL Wellness and Healing (U.S)
  • Fitbit, Inc. (U.S.)
  • Well Nation (U.S.)
  • EXOS (U.S.)

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Key Market Segmentation

Type

 End User

  • Small-Size Private Organizations
  • Mid-Size Private Organizations
  • Large-Size Private Organizations
  • Public Sector
  • Non-Governmental Organizations

The Corporate Wellness market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

Incorporating these regions into market research is crucial as they serve as significant economic and industrial hubs with diverse consumer markets. By including these regions in their analyses, businesses gain valuable insights into global trends, enabling them to make informed decisions and develop effective strategies. Understanding the market dynamics in these regions helps companies cater to the distinct demands and preferences of various regional markets, whether they plan to expand their operations or simply stay updated with the ever-changing global landscape. This approach ensures that businesses can adapt and tailor their products or services to meet the specific needs of each region, ultimately leading to a more successful and sustainable global presence.

North America dominates the workplace wellness market due to rise in incidence of cancer and chronic diseases such as obesity, and diabetes propels and availability of major workplace wellness service providers and enhanced healthcare and medical infrastructure.

Asia Pacific is predicted to drastically improve in the upcoming times owed to the surge in the number of employees in the region and the growing awareness and importance of physical and mental health management among the youth.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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About Data Bridge Market Research, Private Ltd

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.

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Editor Details

  • Company:
    • The Wire Times
Last Updated: 21-Aug-2023