Corporate Wellness Solutions Market Size Growing at 9.1% CAGR to hit USD 103.2 billion by 2027

Market Study Report has released a new research study on Corporate Wellness Solutions market Analysis 2021-2027 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timeframe. The report also outlines the competitive framework of the Corporate Wellness Solutions industry detailing the SWOT analysis and market share dominance of the prominent players.

Global Corporate Wellness Solutions Market to reach USD 103.2 billion by 2027. Global Corporate Wellness Solutions Market is valued at approximately USD 56.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more 9.1 % over the forecast period 2021-2027.

Corporate wellness programmes are a collection of policies, programmes, and perks that target a variety of risk factors and conditions while influencing both employees and the firm as a whole. According to the National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), corporate wellness and health initiatives, as well as disease prevention plans, have the potential to influence more than 150 million employees in the United States, lowering healthcare costs significantly.

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Major market player included in this report are:

  • ComPsych Corporation
  • Marino Wellness LLC
  • Privia Health LLC
  • Quest Diagnostics Incorporated
  • SOL WELLNESS
  • Truworth Wellness Technologies Pvt. Ltd
  • Virgin Pulse Inc.
  • Wellness Corporate Solutions, LLC
  • Wellsource Inc.
  • Beacon Health Options

Moreover, according to the American Institute of Stress, a whopping 94 percent of American workers were stressed at work in 2019. As a result, in the next years, stress management programmes are expected to become an important part of personnel management operations. Anti-stress programmes such as yoga, counselling, EAPs, social events, childcare efforts, work-from-home options, flexible scheduling, and mindfulness training are all helping the corporate wellness sector flourish.

Classes (e.g., meditation/mindfulness, time management, stress management, etc. ), counselling, or perks and on-site amenities (e.g., sleep pods, silent rooms, etc.) are also available from various employers. However, dearth of qualified and licensed professionals to support corporate wellness programs may impede market growth over the forecast period of 2021-2027.

The global Corporate Wellness Solutions Market is segmented for regional analysis on the basis of key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to rising need for corporate wellness solutions for employees due to the rising prevalence of chronic conditions across the region.

Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 as the increased depression and stress is growing the requirement of the behavioral/mental health management, in turn, leading to the growth of the concerned market.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Service Type:

Health Risk Assessment

Nutrition & Weight Management

Stress Management

Smoking Cessation

Other Service Types

By End user:

Private Sector

Public Sector

Other End Users

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19

Base year – 2019-2020

Forecast period – 2021 to 2027.

Target Audience of the Global Corporate Wellness Solutions Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Full Report Summary At: https://www.marketstudyreport.com/reports/global-corporate-wellness-solutions-market-size-research?utm_source=marketwatch.com&utm_medium=AG

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