You are here: Home > Market Reports > Corporate Wellness Market - Global Outlook and Forecast 2018-2023
SKU: ARZ181003
Tags: WTS International , Premise Health , The National Institute for Fitness and Sport (NIFS) , Midtown Athletic Club , Reach Fitness , Power Wellness , Professional Fitness Management , LIVunLtd , LifeStart , Kinema Fitness , Integrated Wellness Partners , Health Systems Group , Healthtrax , HealthFitness , Corporate Fitness Works , BaySport , Aquila , Active Wellness , Sodexo , WorkStride , Wisdom Works Group , Wellsource , The Vitality Group , Privia Health , OptumHealth , Marino Wellness , Ceridian , Beacon Health Options , Provant Health Solutions , Virgin Pulse , Wellness Corporate Solutions , Compsych .
Tags: WTS International, Premise Health, The National Institute for Fitness and Sport (NIFS), Midtown Athletic Club, Reach Fitness, Power Wellness, Professional Fitness Management, LIVunLtd, LifeStart, Kinema Fitness, Integrated Wellness Partners, Health Systems Group, Healthtrax, HealthFitness, Corporate Fitness Works, BaySport, Aquila, Active Wellness, Sodexo, WorkStride, Wisdom Works Group, Wellsource, The Vitality Group, Privia Health, OptumHealth, Marino Wellness, Ceridian, Beacon Health Options, Provant Health Solutions, Virgin Pulse, Wellness Corporate Solutions, Compsych,
This market research report on the global corporate wellness market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by program (HRA, nutrition &weight management, smoking cessation, fitness services, alcohol and drug rehab, stress management, health & education services, and others), by end-users (large private sector businesses, medium private sector businesses, public sector companies, small private sector businesses, non-profit organizations, hospitals/health systems, and universities), by revenue model (recurring revenues and seasonal revenues), by delivery model (onsite and offsite), and by geography (North America, Europe, APAC, and ROW).
The incorporation of benefit plans that promotes modern work culture and offers low-cost programs that help employee battle with stress, illness, or other health-related issues is propelling the growth of the global corporate wellness market. These wellness programs are designed to promote the overall health and wellbeing of the employee resulting in improved efficiency and strengthen business performance. The service providers are targeting higher engagement levels, wherein employees are encouraged to take care of themselves in these programs through intrinsic forms of motivation. The organizations are looking for well-balanced plans that look at the total employee wellbeing where physical, mental, financial, work well-being, energy, and a sense of community to create a transformation across the workforce and thereby drive profits in the global market. The growing use of wellness portals that act as a hub for worksite programs and incorporate challenges, incentive tracking, employee health records, check-ins, and educational material will help revolutionize the market over the next few years. The leading vendors are leveraging technology to integrate AI and data integration to attract a maximum number of consumers. The uneven educational systems, stricter immigration rules, development of technology, and increasing aging workforce are some of the primary factors attributing to the growth of the global market. The implementation of occupational-based health and safety workplace programs is fueling the development of the global corporate wellness market.
The service providers are introducing mobile technology and websites that provide information ranging from in-network provider directories, medication prices, and information on plausible deductibles with therapeutic alternatives, provision of in-home monitoring, and alerts for taking medication as and when prescribed to gain new consumers. The leading vendors are partnering with several other sectors such as mind-body, alternative medicine, fitness, and spa to offer the best options to the consumers in the market. The global corporate wellness market is expected to reach values of approximately $72 billion by 2023, growing at a CAGR of more than 8% during 2017-2023.
Various enterprises across the world are extending the wellness programs to the employees’ family members to increase participation in the global corporate wellness market. In the US employers are beginning to extend wellness support to spouses, children, and parents to deal with the increasing healthcare costs in the market. Such initiatives help organizations gain an edge over players and attract and retain top employees thereby, driving more participation in the market. The inclusion of plans that targets family wellbeing is expected to draw more consumers and create lucrative opportunities for top vendors operating in the global market. Employers are also looking beyond the family, extended social networks, and promoting cross-organizational competitions. The rising use of social networking sites to create visibility and pass on health and wellness information to the employee’s wider social network will boosts revenues in the global market. The inclusivity of the family provides the benefit of garnering support for a holistically healthy lifestyle by addressing the well-being of an employee on multiple levels. The introduction of these plans will help improve focus, productivity, and stability of the employee.
This market research report includes a detailed segmentation of the market by the program, end-users, revenue model, delivery model, and geography.
Corporate Wellness Market – By Program
Preventive care drives the need for corporate health, and risk assessment (HRA) plans in the global corporate wellness market
The global corporate wellness market by the program is classified into HRA, nutrition &weight management, smoking cessation, alcohol and drug rehab, fitness services, stress management, health & education services, and others. HRA segment dominated the largest market share in 2017, growing at a CAGR of more than 8% during the forecast period. With the rapid increase in healthcare costs, preventive care is gaining immense traction. The HRA segment is expected to grow at a stable pace as health risk assessments are considered among the most effective wellness programs by employers and employees alike, pegged at around 50%. The HRA participation in sync with health insurance premiums is a growing trend in the global corporate wellness market. The integration of biometric screenings and physical activity programs will boost participation in this segment in the global market.
The importance and widening acceptance of mental health issues are contributing to the growth of the stress management sector in the market. The incorporation of cognitive behavioral therapy with smartphones is slowly gaining popularity in the global market. The alcohol and drug rehab schedules are designed to recognize the signs of substance abuse, drug testing programs, integration of substance abuse policies, coverage for rehabilitation, and EAPs across organizations in the market. The implementation of onsite fitness and recreational activities such as treadmill workstation, dance studios, and bowling alleys will boost revenues in the global corporate wellness market.
Corporate Wellness Market – By End-User
Investments to develop on-site activities across large private sector businesses will drive the global corporate wellness market
The end-user segment in the global corporate wellness market is categorized into large private sector businesses, medium private sector businesses, small private sector businesses, public sector companies, non-profit organizations, hospitals/health systems, and universities. Large private sector businesses occupied around half of the total market share in 2017, growing at a CAGR of over 8% during the forecast period. The increasing focus on innovations is encouraging organizations to implement strategies that reflect their culture and mission, thereby driving the demand in this segment in the global market. The integration of technology and data to create personalized experiences will boost revenues in the global market over the next few years. The large private sector businesses are using health-focused and general data such as biometrics, health plans, and claims, and pay grade; vendors are looking at user choice, their goals, and aspirations to offer the best plans in the global corporate wellness market. The use of multi-directional communication networks depending on high-touchpoints such as social media, applications, websites, e-mails, face-to-face, text messaging, and portals will transform the market.
The smaller businesses and non-profit organizations are looking for health promotion activities to boost participation in the global market. HRAs, personalized health management, and biometric screenings are the most popular choices for medium private sector businesses. Public sector companies are the largest end-users of preventive health programs in the global corporate wellness market.
Corporate Wellness Market – By Revenue Model
The need for strong connection and constant motivation is driving the recurring revenue model in the global corporate wellness market
The global corporate wellness market by revenue model is segmented into recurring revenues and seasonal revenues. Recurring revenue model dominates more than 2/3rd of the market share in 2017, growing at a CAGR of over 8% during the forecast period. Factors such as automation, guidance, and personalization that empower people with information, provide interactive feedback and enable tracking of program participation are factors that are driving the growth of this revenue model in the global market. The nutrition and weight management programs, tobacco cessation, and employee coaching and online wellness portals form the major part of this revenue model in the global market. The gamification of activities will attribute to higher participation in the global corporate wellness market. The growing demand for onsite flu vaccinations, health and lifestyle coaching, and 24-hour nurse line are the main revenue generators in the seasonal revenue model in the global market.
Corporate Wellness Market – By Delivery Model
Fully integrated services are propelling the popularity of onsite delivery in the global corporate wellness market
The delivery model in the global corporate wellness market is segmented into onsite and offsite. Onsite delivery model occupied more than 2/3rd of the total market share in 2017, growing at a CAGR of around 9% during the forecast period. The increasing demand for fully integrated services that ensure maximum participation and engagement is propelling the growth of this segment in the global market. The growing popularity of onsite clinics that provide ancillary or specialty clinical services such as occupational therapy, massage, dentistry, chiropractic therapy, physical therapy, and optometry apart from a pharmacy is one of the main factors propelling the growth of onsite delivery model. The availability of healthy foods at the workplace, offering physical activity areas, and walking trails are some of the popular programs in this segment. Leading service providers are offering a range of primary care services such as disease management and preventive screenings to gain a larger global corporate wellness market share. Employers also provide seminars for chronic conditions, vaccinations, healthy food options, and wellness fairs to increase employee satisfaction levels.
Team building programs, lab and gym membership vouchers, health fairs, at-home sample collection kits, and remote screening are the most popular offsite plans offered in the global market. Vendors tend to offer these programs as packages through collaborations with testing laboratories, fitness clubs, and health and technology providers in the global corporate wellness market.
Corporate Wellness Market – By Geography
US and Canada in North America are the largest revenues generators in the global corporate wellness market
The global corporate wellness market by geography is segmented into North America, Europe, APAC, and ROW. North America dominated the largest market share in 2017, growing at a CAGR of around 8% during the forecast period. The increasing focus on work-life balance, employee growth and development, employee engagement, recognition, and health and safety are propelling the growth of the North American market. The initiatives towards enabling an efficient, innovative, and mobile workforce will drive the demand for innovative services in the North American market. The US corporate wellness market is one of the largest revenue generators in the North American region. The growing need for physical, social, and psychological health is boosting the development of the wellness industry in the North American market. Also, wearable devices and apps are gaining significance when it comes to aiding employees to maintain their health in the region, thereby, promoting the evolution of global corporate wellness market.
Various businesses and organizations are working on expanding their spectrum of offerings for a more comprehensive understanding and treatment of their employees’ wellness in the European market. Germany, UK, France, Italy, Spain, and the Netherlands account for the highest expenditures in workplace health promotion. The increasing need for plans that support healthy eating, mental wellbeing, and aiding with managing the snooze hours better is creating investment opportunities in the APAC region in the global corporate wellness market.
Key Countries Profiled in the Report are :
Key Vendor Analysis
The global corporate wellness market is highly fragmented with four major players controlling most of the competition level. The service providers are threatened with in-house wellness services which are resulting in major business expansion activities in the global market. The increasing number of M&As will allow companies to expand their businesses and offer more comprehensive offerings in the global market. The players are competing regarding aftersales services, brand value, customization ability, price, skilled workforce, and technological capability in the market. The vendors are collaborating with technology companies to develop rounded programs in the global corporate wellness market.
The major vendors in the global corporate wellness market are:
Other prominent vendors in the global corporate wellness market consist of Active Wellness, Aquila, BaySport, Beacon Health Options, Ceridian, Corporate Fitness Works, HealthFitness, Healthtrax, Health Systems Group, Integrated Wellness Partners, Kinema Fitness, LifeStart, LIVunLtd, Professional Fitness Management, Power Wellness, Reach Fitness, Marino Wellness, Midtown Athletic Club, The National Institute for Fitness and Sport (NIFS), OptumHealth, Privia Health,Premise Health, WTS International, Vitality Group, Wellsource, Wisdom Works Group, and Workstride.
Key market insights include
The global corporate wellness market is driven by data integration from health savings accounts and CDHPs, where employees can better manage their healthcare savings. The influx of players from across technology, human capital, fitness, equipment, and architecture dimensions will result in a diverse range of offerings in the global market. The market research report provides in-depth market analysis and segmental analysis of the global corporate wellness market by the program, end-users, revenue model, delivery model, and geography.
Base Year: 2017
Forecast Year: 2018–2023
The report considers the present scenario of the global corporate wellness market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and several other prominent companies operating in the corporate wellness market.
Major Vendors in the Global Corporate Wellness Market
Prominent Players in the Global Corporate Wellness Market
Market Segmentation by Platform
Market Segmentation by End-users
Market Segmentation by Revenue Model
Market Segmentation by Delivery Model
Market Segmentation by Geography
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
Corporate Wellness Market Segmentation by Programs
Corporate Wellness Market Segmentation by End-users
Market Segmentation by Revenue Models
Market Segmentation by Delivery Model
Market Segmentation by Geography
4.4 Key Caveats
4.5 Inclusions
4.6 Exclusions
4.7 Currency Conversion
4.8 Market Derivation
5 Market at a Glance
6 Introduction
6.1 Overview
6.2 State of Global Economy
6.3 Global Healthcare Sector: An Overview
6.3.1 Global Health: An Overview
6.4 Corporate Wellness Market
6.4.1 Employer-Employee Paradigm
6.4.2 Success Factors for Wellness Programs
6.4.3 Overview ofCorporate Wellness Market
6.5 Business Model
6.6 Pillars of Corporate Wellness Market
6.6.1 Overall Wellness (No risk to low risk)
6.6.2 Risk Reduction (At risk to medium risk)
6.6.3 Chronic Condition Management (High risk)
6.7 Lifecycle Stage of Corporate Wellness Market
6.8 Supply chain
6.9 Growth Prospects
6.9.1 Time Off
6.9.2 Morale Boosters
6.9.3 Healthy Cafeteria/Vending Options
6.9.4 Foster Relationships
6.9.5 Flexible Hours/ Work from Home
6.1 Pulse of the Workforce
6.11 Employee Behavior Insights
6.11.1 Millennials
6.11.2 Generation X
6.11.3 Baby Boomers
6.11.4 Media Consumption across Generations
6.11.5 Multi-generational Workplace
7 Key Decision Influencers inCorporate Wellness Market
7.1 Technology Companies
7.1.1 Wearable Devices
7.2 Architecture Firms
7.3 Fitness Companies
7.4 Benefits consultants
8 Corporate Wellness Market Dynamics
8.1 Corporate Wellness Market Growth Enablers
8.1.1 An Entitlement Culture Sweeps Workforce
8.1.2 Evolution of Value Proposition
8.1.3 Longer Work Days and Weeks
8.1.4 Broad Shift in Wellness Perspective
8.1.5 Wellness Programs fill in for Limiting Healthcare Systems
8.1.6 YOY Impact of Market Growth Enablers
8.2 Corporate Wellness Market Growth Restraints
8.2.1 A Singular Approach to Wellness
8.2.2 Random Acts of Wellness
8.2.3 Lack of Attention to Expectations
8.2.4 Constant Struggle for Employee Engagement and Participation
8.2.5 Perceived Expensiveness of Wellness Programs
8.2.6 Wariness Regarding Misuse of Data
8.2.7 Counterproductive to Employee Health
8.2.8 Increased Sense of Anxiety
8.2.9 YOY Impact of Market Growth Restraints
8.3 Corporate Wellness Market Opportunities and Trends
8.3.1 Workplace to Workforce
8.3.2 From Cookie Cutter to Total Culture
8.3.3 Increased Incorporation of Incentives
8.3.4 Data Analytics Increasingly Powering Wellness
8.3.5 Growing Reign of Artificial Intelligence
8.3.6 Extension of Wellness Programs to Family
8.3.7 YOY Impact of Market Opportunities& Trends
9 Global Corporate Wellness Market
9.1 Corporate Wellness Market Size & Forecast
9.2 Porter’s Five Forces Analysis
9.2.1 Threat of New Entrants
9.2.2 Bargaining Power of Suppliers
9.2.3 Bargaining Power of Buyers
9.2.4 Threat of Substitutes
9.2.5 Competitive Rivalry
10 Corporate Wellness Market By Programs
10.1 Market Overview
10.2 Corporate Health and RISK Assessment (HRA)
10.2.1 Market Size & Forecast
10.3 Corporate Nutrition and Weight Management
10.3.1 Market Size & Forecast
10.4 Corporate smoking cessation
10.4.1 Market Size & Forecast
10.5 Corporate Fitness Services
10.5.1 Market Size & Forecast
10.6 Corporate Alcohol and Drug Rehab
10.6.1 Market Size & Forecast
10.7 Corporate Stress Management
10.7.1 Market Size & Forecast
10.8 Corporate Health Education Services
10.8.1 Market Size & Forecast
10.9 Other Corporate wellness services market
10.9.1 Market Size & Forecast
11 Corporate Wellness Market By End-User
11.1 Market Overview
11.2 Large Private Sector Businesses
11.2.1 Market Size & Forecast
11.3 Medium Private Sector Businesses
11.3.1 Market Size & Forecast
11.4 Public Sector Companies
11.4.1 Market Size & Forecast
11.5 Small Private Sector Businesses
11.5.1 Market Size & Forecast
11.6 Non-profit Organizations
11.6.1 Market Size & Forecast
12 Corporate Wellness Market by Revenue Model
12.1.1 Market Overview
12.2 Recurring Revenue Model
12.2.1 Market Size & Forecast
12.3 Seasonal Revenues Model
12.3.1 Market Size & Forecast
13 Corporate Wellness Market by Delivery Model
13.1 Market Overview
13.2 Onsite
13.2.1 Market Size & Forecast
13.3 offsite
13.3.1 Market Size & Forecast
14 Corporate Wellness Market by Geography
14.1.1 Corporate Wellness Market Overview
15 North America
15.1 Corporate Wellness Market Size & Forecast
15.2 Key Countries
15.2.1 US: Market Size & Forecast
15.2.2 Canada: Market Size & Forecast
16 Europe
16.1 Corporate Wellness Market Size & Forecast
16.2 Key Countries
16.2.1 Germany: Market Size & Forecast
16.2.2 UK: Market Size & Forecast
16.2.3 France: Market Size & Forecast
17 APAC
17.1 Corporate Wellness Market Size & Forecast
17.2 Key Countries
17.2.1 Japan: Market Size & Forecast
17.2.2 China: Market Size & Forecast
17.2.3 South Korea: Market Size & Forecast
18 Rest of World
18.1 Market Size & Forecast
18.2 Key Countries
18.2.1 GCC: Market Size & Forecast
18.2.2 Brazil: Market Size & Forecast
18.2.3 South Africa: Market Size & Forecast
19 Competitive Landscape
19.1 Competition overview
20 Corporate Wellness Market Vendor Analysis
20.1 Corporate Wellness Market Ranking Analysis
21 Key Company Profiles
21.1 Compsych
21.1.1 Business Overview
21.1.2 Service Offerings
21.1.3 Key Strategies
21.1.4 Key Strengths
21.1.5 Key Opportunities
21.2 Wellness Corporate Solutions
21.2.1 Business Overview
21.2.2 Major Service Offerings
21.2.3 Key Strategies
21.2.4 Key Strengths
21.2.5 Key Opportunities
21.3 Virgin Pulse
21.3.1 Business Overview
21.3.2 Major Service Offerings
21.3.3 Key Strategies
21.3.4 Key Strengths
21.3.5 Key Opportunities
21.4 Provant Health Solutions
21.4.1 Business Overview
21.4.2 Major Service Offerings
21.4.3 Key Strategies
21.4.4 Key Strengths
21.4.5 Key Opportunities
21.5 Sodexo
21.5.1 Business Overview
21.5.2 Major Service Offerings
21.5.3 Key Strengths
21.5.4 Key Strategies
21.5.5 Key Opportunities
22 Other Prominent Vendors
22.1 Active Wellness
22.1.1 Business Overview
22.1.2 Service Offerings
22.1.3 Key Strengths
22.1.4 Key Strategies
22.2 Aquila
22.2.1 Business Overview
22.2.2 Service Offerings
22.2.3 Key Strengths
22.2.4 Key Strategies
22.3 BaySport
22.3.1 Business Overview
22.3.2 Service Offerings
22.3.3 Key Strength
22.3.4 Key Strategy
22.4 Beacon Health Options
22.4.1 Business Overview
22.4.2 Service Offerings
22.4.3 Key Strengths
22.4.4 Key Strategies
22.5 Ceridian
22.5.1 Business Overview
22.5.2 Product Offerings
22.5.3 Key Strengths
22.5.4 Key Strategies
22.6 Corporate Fitness Works
22.6.1 Business Overview
22.6.2 Service Offerings
22.6.3 Key Strengths
22.6.4 Key Strategies
22.7 HealthFitness
22.7.1 Business Overview
22.7.2 Service Offerings
22.7.3 Key Strengths
22.7.4 Key Strategies
22.8 Healthtrax
22.8.1 Business Overview
22.8.2 Service Offerings
22.8.3 Key Strength
22.8.4 Key Strategy
22.9 Health Systems Group
22.9.1 Business Overview
22.9.2 Service Offerings
22.9.3 Key Strength
22.9.4 Key Strategy
22.1 Integrated Wellness Partners
22.10.1Business Overview
22.10.2Service Offerings
22.10.3Key Strengths
22.10.4Key Strategies
22.11 Kinema Fitness
22.11.1 Business Overview
22.11.2Service Offerings
22.11.3Key Strengths
22.11.4Key Strategies
22.12 LifeStart
22.12.1 Business Overview
22.12.2Service Offerings
22.12.3Key Strengths
22.12.4Key Strategies
22.13 LIVunLtd
22.13.1 Business Overview
22.13.2Service Offerings
22.13.3Key Strengths
22.13.4Key Strategies
22.14 Professional Fitness Management
22.14.1 Business Overview
22.14.2Service Offerings
22.14.3Key Strengths
22.14.4Key Strategies
22.15 Power Wellness
22.15.1 Business Overview
22.15.2 Service Offerings
22.15.3 Key Strengths
22.15.4 Key Strategies
22.16 Reach Fitness
22.16.1 Business Overview
22.16.2 Service Offerings
22.16.3 Key Strengths
22.16.4 Key Strategies
22.17 Marino Wellness
22.17.1 Business Overview
22.17.2 Service Offerings
22.17.3 Key Strengths
22.17.4 Key Strategies
22.18 Midtown Athletic Club
22.18.1 Business Overview
22.18.2 Service Offerings
22.18.3 Key Strengths
22.18.4 Key Strategies
22.19 NIFS
22.19.1 Business Overview
22.19.2 Service Offerings
22.19.3 Key Strengths
22.19.4 Key Strategies
22.2 OptumHealth
22.20.1 Business Overview
22.20.2 Service Offerings
22.20.3 Key Strengths
22.20.4 Key Strategies
22.21 Privia Health
22.21.1 Business Overview
22.21.2 Service Offerings
22.21.3 Key Strengths
22.21.4 Key Strategies
22.22 Premise Health
22.22.1 Business Overview
22.22.2 Service Offerings
22.22.3 Key Strengths
22.22.4 Key Strategies
22.23 WTS International
22.23.1 Business Overview
22.23.2 Service Offerings
22.23.3 Key Strengths
22.23.4 Key Strategies
22.24 Vitality Group
22.24.1 Business Overview
22.24.2 Service Offerings
22.24.3 Key Strengths
22.24.4 Key Strategies
22.25 Well Sourced
22.25.1 Business Overview
22.25.2 Service Offerings
22.25.3 Key Strengths
22.25.4 Key Strategies
22.26 Wisdom Works Group
22.26.1 Business Overview
22.26.2 Service Offerings
22.26.3 Key Strengths
22.26.4 Key Strategies
22.27 Workstride
22.27.1 Business Overview
22.27.2 Service Offerings
22.27.3 Key Strengths
22.27.4 Key Strategies
23 Report Summary
23.1 Key Takeaways
23.2 Strategic Recommendations
23.3 Qualitative Summary
23.4 Quantitative Summary
23.4.1 Corporate Wellness Market Size
24 Appendix
24.1 Abbreviations
List of Exhibits
Exhibit 1 Segmentation of Global Corporate Wellness Market
Exhibit 2 Market Size Calculation Approach 2017
Exhibit 3 Pulse of Corporate Wellness Market 2017
Exhibit 4 GDP Growth in Advanced Economies, Emerging Markets, Developing Economies, and Global Market 2010−2023 (annual % change)
Exhibit 5 Global GDP Growth 2017 (annual % change)
Exhibit 6 Healthcare Costs Per Capita in Select Countries 2015 ($)
Exhibit 7 Global Health Statistics
Exhibit 8 Wellness Programs Components
Exhibit 9 Business Model of Corporate Wellness Industry
Exhibit 10 Lifecycle Stage of Corporate Wellness Market 2017
Exhibit 11 Key Buyer and Supplier Industries across Supply Chain 2017
Exhibit 12 Percentage of Generations in Global Workforce by 2020
Exhibit 13 Millennial Wellness Insights 2017
Exhibit 14 Generation X Wellness Insights 2017
Exhibit 15 Baby Boomer Wellness Insights 2017
Exhibit 16 Major Technology and Online Services Offered in Wellness Programs
Exhibit 17 Changes in Workplace Environment
Exhibit 18 Office Environment Statistics
Exhibit 19 Global Fitness Technology and Services Statistics
Exhibit 20 Statistics among Employers Offering Wellness Efforts 2017
Exhibit 21 Nationalities with Longest Workweek 2017 (hours/year)
Exhibit 22 Wellbeing Programs: Those Valued by Employees vs. Those Offered by Employers
Exhibit 23 Wellness Program Awareness, Participation, and Engagement Statistics 2017
Exhibit 24 Barriers to Employee Participation in Wellness Programs 2017
Exhibit 25 Access to Worker Wellness Data
Exhibit 26 Global Corporate Health and Wellness Incentives
Exhibit 27 Percentage of Employees Access to Corporate Wellness Programs 2017
Exhibit 28 Top Workforce Risk Factors Challenging Employers 2017
Exhibit 29 Global Development of Wellness Strategy
Exhibit 30 Global Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 31 Five Forces Analysis 2017
Exhibit 32 Global Market by Programs ($ million)
Exhibit 33 Global Market by Program 2017
Exhibit 34 Global Market by Program 2023
Exhibit 35 Growth of Global Market by Programs 2017–2023
Exhibit 36 Global HRA Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 37 Global Nutrition and Weight Management Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 38 Global Smoking Cessation Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 39 Global Fitness Services Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 40 Alcohol and Drug Abuser Statistics 2017
Exhibit 41 Global Alcohol and Drug Abuse Rehab Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 42 Stress Management Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 43 Global Health Education Services Corporate Wellness Market 2017–2023 ($ billion)
Exhibit 44 Global Other Corporate Wellness Services Market 2017–2023 ($ billion)
Exhibit 45 Global Market by End-users ($ billion)
Exhibit 46 Global Market by End-user 2017
Exhibit 47 Global Market by End-user 2023
Exhibit 48 Growth of Global Corporate Wellness Market by End-user 2017–2023
Exhibit 49 Global Market by Large Private Sector Businesses 2017–2023 ($ billion)
Exhibit 50 Global Market 2017–2023 by Medium Private Sector Businesses ($ billion)
Exhibit 51 Global Market by Public Sector Companies 2017–2023 ($ billion)
Exhibit 52 Global Market by Small Private Sector Businesses 2017–2023 ($ billion)
Exhibit 53 Global Market by Non-profit Organizations2017–2023 ($ billion)
Exhibit 54 Global Corporate Wellness Market by Revenue Model ($ billion)
Exhibit 55 Global Market by Revenue Model 2017 & 2023
Exhibit 56 Growth of Global Market by Revenue Model 2017–2023
Exhibit 57 Global Market by Recurring Revenue 2017–2023 ($ billion)
Exhibit 58 Global Market by Seasonal Revenues 2017–2023 ($ billion)
Exhibit 59 Global Corporate Wellness Market by Delivery Model ($ billion)
Exhibit 60 Global Market by Delivery Model 2017 & 2023
Exhibit 61 Growth of Global Market by Delivery Model 2017–2023
Exhibit 62 Global Market by Onsite Delivery 2017–2023 ($ billion)
Exhibit 63 Global Corporate Wellness Market by Offsite Delivery 2017–2023 ($ billion)
Exhibit 64 Global Market by Geography ($ billion)
Exhibit 65 Global Market by Geography 2017
Exhibit 66 Global Market by Geography 2023
Exhibit 67 Growth of Global Market by Geography 2017–2023
Exhibit 68 Market in North America 2017–2023 ($ billion)
Exhibit 69 Key Countries in Corporate Wellness Market in North America
Exhibit 70 Stress Statistics in US 2017
Exhibit 71 Market in US 2017–2023 ($ billion)
Exhibit 72 Workplace Wellness Statistics in US 2017
Exhibit 73 Locations of Corporate Wellness Business Establishments 2017
Exhibit 74 Wellness and Health Statistics in Canada 2017
Exhibit 75 Market in Canada 2017–2023 ($ billion)
Exhibit 76 Market in Europe 2017–2023 ($ billion)
Exhibit 77 Wellness Statistics in Europe 2017
Exhibit 78 Percentage of Programs in Place in Europe
Exhibit 79 Key Countries in Corporate Wellness Market in Europe
Exhibit 80 Market in Germany 2017–2023 ($ billion)
Exhibit 81 Wellness Statistics for UK 2017
Exhibit 82 Market in UK 2017–2023 ($ billion)
Exhibit 83 Market in France 2017–2023 ($ billion)
Exhibit 84 Market in APAC 2017–2023 ($ billion)
Exhibit 85 Wellness Statistics for APAC 2017
Exhibit 86 Key Countries in Market in APAC
Exhibit 87 Market in Japan 2017–2023 ($ billion)
Exhibit 88 Corporate Wellness Market in China 2017–2023 ($ billion)
Exhibit 89 Market in South Korea 2017–2023 ($ billion)
Exhibit 90 Market in ROW 2017–2023 ($ billion)
Exhibit 91 Key Countries in Market in ROW
Exhibit 92 Market in GCC 2017–2023 ($ billion)
Exhibit 93 Market in Brazil 2017–2023 ($ billion)
Exhibit 94 Corporate Wellness Market in South Africa 2017–2023 ($ billion)
Exhibit 95 Wellness Industry Costs vs. Sector Costs 2017
List of Tables
Table 1 Key Geographies Definition
Table 2 Report Assumptions and Caveats
Table 3 Key Caveats
Table 4 Currency Conversion 2013−2017
Table 5 Workforce Behavior Insights across Three Generations
Table 6 YOY Impact of Market Growth Enablers 2017−2023
Table 7 YOY Impact of Market Growth Enablers 2017−2023
Table 8 YOY Impact of Market Growth Restraints 2017−2023
Table 9 YOY Impact of Market Growth Restraints on Geography
Table 10 YOY Impact of Market Opportunities & Trends 2017−2023
Table 11 YOY Impact of Market Opportunities & Trends on Geography 2017
Table 12 Ranking of Companies based on Prevention and Promotion
Table 13 Market Ranking Analysis 2017
Table 14 ComPsych: Service Offerings
Table 15 Wellness Corporate Solutions: Service Offerings
Table 16 Virgin Pulse: Service Offerings
Table 17 Provant Health Solutions: Service Offerings
Table 18 Sodexo: Service Offerings
Table 19 Qualitative Summary of Global Corporate Wellness Market
Table 20 Global Corporate Wellness Market Market by Program ($ billion)
Table 21 Global Market by Program (%)
Table 22 Global Market by End-user ($ billion)
Table 23 Global Market by End-user (%)
Table 24 Global Market by Revenue Model ($ billion)
Table 25 Global Market by Revenue Model(%)
Table 26 Global Corporate Wellness Market Market by Delivery Model ($ billion)
Table 27 Global Market by Delivery Model (%)
Table 28 Global Market by Geography ($ billion)
Table 29 Global Market by Geography (%)
This market research report on the global corporate wellness market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by program (HRA, nutrition &weight management, smoking cessation, fitness services, alcohol and drug rehab, stress management, health & education services, and others), by end-users (large private sector businesses, medium private sector businesses, public sector companies, small private sector businesses, non-profit organizations, hospitals/health systems, and universities), by revenue model (recurring revenues and seasonal revenues), by delivery model (onsite and offsite), and by geography (North America, Europe, APAC, and ROW).
The incorporation of benefit plans that promotes modern work culture and offers low-cost programs that help employee battle with stress, illness, or other health-related issues is propelling the growth of the global corporate wellness market. These wellness programs are designed to promote the overall health and wellbeing of the employee resulting in improved efficiency and strengthen business performance. The service providers are targeting higher engagement levels, wherein employees are encouraged to take care of themselves in these programs through intrinsic forms of motivation. The organizations are looking for well-balanced plans that look at the total employee wellbeing where physical, mental, financial, work well-being, energy, and a sense of community to create a transformation across the workforce and thereby drive profits in the global market. The growing use of wellness portals that act as a hub for worksite programs and incorporate challenges, incentive tracking, employee health records, check-ins, and educational material will help revolutionize the market over the next few years. The leading vendors are leveraging technology to integrate AI and data integration to attract a maximum number of consumers. The uneven educational systems, stricter immigration rules, development of technology, and increasing aging workforce are some of the primary factors attributing to the growth of the global market. The implementation of occupational-based health and safety workplace programs is fueling the development of the global corporate wellness market.
The service providers are introducing mobile technology and websites that provide information ranging from in-network provider directories, medication prices, and information on plausible deductibles with therapeutic alternatives, provision of in-home monitoring, and alerts for taking medication as and when prescribed to gain new consumers. The leading vendors are partnering with several other sectors such as mind-body, alternative medicine, fitness, and spa to offer the best options to the consumers in the market. The global corporate wellness market is expected to reach values of approximately $72 billion by 2023, growing at a CAGR of more than 8% during 2017-2023.
Various enterprises across the world are extending the wellness programs to the employees’ family members to increase participation in the global corporate wellness market. In the US employers are beginning to extend wellness support to spouses, children, and parents to deal with the increasing healthcare costs in the market. Such initiatives help organizations gain an edge over players and attract and retain top employees thereby, driving more participation in the market. The inclusion of plans that targets family wellbeing is expected to draw more consumers and create lucrative opportunities for top vendors operating in the global market. Employers are also looking beyond the family, extended social networks, and promoting cross-organizational competitions. The rising use of social networking sites to create visibility and pass on health and wellness information to the employee’s wider social network will boosts revenues in the global market. The inclusivity of the family provides the benefit of garnering support for a holistically healthy lifestyle by addressing the well-being of an employee on multiple levels. The introduction of these plans will help improve focus, productivity, and stability of the employee.
This market research report includes a detailed segmentation of the market by the program, end-users, revenue model, delivery model, and geography.
