Global Corporate Wellness market - Port Augusta

Tuesday, 13 October 2020

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City: Port Augusta, South Australia
Offer type: Offer
Price: $3,800


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Global Corporate Wellness market size was valued US$ XX Bn in 2019 and the total revenue is expected to grow at 8.5% from 2020 to 2027, reaching US$ XX Bn.

Global Corporate Wellness Market

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

As per the scope, corporate wellness refers to initiatives that are intended to help and encourage a holistic approach to employee wellbeing by making an organizational culture of health. Also, advantages provided by wellness programs contain improved productivity, enhanced health outcomes, and boosts employee engagement. e.g., UK based BetterSpace program is presented to protect and improve employee’s mental health in all possible conditions. Therefore, the above-mentioned factors prove helpful for the corporate wellness industry growth. The global corporate wellness market is driven by rising awareness regarding employee health and wellbeing. Several businesses and enterprises in different industry verticals have started executing wellness programs for their workers, are boosting the demand for corporate wellness solutions in the coming years. However, the slow adoption of wellness programs in many companies is restraining the market growth at the global level.

Based on the category, the organization/employer segment has led the corporate wellness market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. The service providers provide in-house as well as outsourced health management services for large as well as small scale corporations. The trend of on-site fitness that contains yoga and meditation are becoming popular. Thus, the fitness and nutrition consultants’ segment is expected to witness a growth rate of XX% during the forecast period owing to increasing awareness regarding secured healthcare. Healthcare consultants offer various components including exercise, nutrition coupled with character strength and behavioral health. Many programs provide various solutions dependent upon individual health status, thereby augments segmental growth.

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