Workplace Wellness Market Updates : Expected to Cross USD 66.20 Billion by 2027, CAGR of 5.9% During 2020-2027, Claims AMR

Workplace Wellness Market Overview

The global workplace wellness market size was valued at $49.81 billion in 2019, and is projected to reach $66.20 billion by 2027, registering a CAGR of 5.9% from 2020 to 2027.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/6300

Workplace Wellness Market Drivers-

• Significant increase in prevalence of chronic diseases across the globe and adoption of sedentary lifestyle are the major factors that drive growth of the workplace wellness market.
• In addition, economic benefits offered by these programs and rise in awareness and implementation of wellness programs by employers further propel the workplace wellness market growth.

During the initial phase of the forecast period, the market is expected to be influenced by the COVID-19 outbreak. The impact of COVID-19 has led many organizations to downsize their workforce, with companies reducing their employee numbers as a cost-cutting measure. This approach to cost reduction has consequently decreased expenditures on workplace wellness, potentially exerting a detrimental effect on the workplace wellness market.

Workplace Wellness Market Report Highlights

AspectsDetails

By Type	Weight Management & Fitness Services Nutrition & Dietary Plan Stress Management Services Health Screening & Assessment Smoking Cessation
By End User	Small-size private organizations Mid-Size Organizations Large-size private organizations Non-governmental organizations (NGOs) Public sector
By Region	North America  (U.S., Canada, Mexico) Europe  (Germany, France, UK, Italy, Spain, Rest of Europe) Asia-Pacific  (Japan, China, India, Australia, Rest of Asia-Pacific) LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)

Covid19 Impact on Workplace Wellness Market 

During the initial phase of the forecast period, the market is expected to be influenced by the COVID-19 outbreak. The impact of COVID-19 has led many organizations to downsize their workforce, with companies reducing their employee numbers as a cost-cutting measure. This approach to cost reduction has consequently decreased expenditures on workplace wellness, potentially exerting a detrimental effect on the workplace wellness market.

 

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FREQUENTLY ASKED QUESTIONS?

Q1. What is the total market value of Workplace Wellness market report ?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Workplace Wellness market in 2020?
Q4. Which is base year calculated in the Workplace Wellness market report?
Q5. What are the Key Industry Leaders opinion for the Workplace Wellness market?

Frontrunners in the industry-

• MDVIP
• VITALITY HEALTH LIMITED
• COMPSYCH CORPORATION
• MARINO WELLNESS, LLC
• HEALTHIFYME WELLNESS PRIVATE LIMITED
• WORKSTRIDE
• EXOS
• FITBIT, INC.
• NOVANT HEALTH
• VIRGIN PULSE, INC.

 

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Key Benefits For Stakeholders

• The study provides an in-depth analysis of the global workplace wellness market size along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers workplace wellness market analysis from 2020 to 2027, which is expected to enable stakeholders to capitalize on prevailing opportunities in the market.
• A comprehensive analysis on region assists to understand the regional market and facilitate strategic business planning and determine prevailing opportunities.
• The profiles and growth strategies of key players are thoroughly analyzed to understand the competitive outlook of the global workplace wellness market growth.

 

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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