Healthcare

Corporate Wellness Market Size to Breaks Record US$ 94.9 billion by 2030

The Corporate Wellness Market size is expected to reach around US$ 94.9 billion by 2030 from US$ 52.8 billion in 2020, growing at a CAGR of 7.04% from 2021 to 2030.

Corporate Wellness Market (By Service: Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, Others; By End-use: Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations; By Category: Fitness & Nutrition Consultants, Psychological Therapists, Organizations/Employers; By Delivery Model: Onsite, Offsite) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

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Growth Factors

Rising obese and overweight population increases insurance costs that account for the financial burden on the employers. The corporate wellness initiatives target particular health risk factors such as stress, obesity, smoking, poor eating, and lack of exercise.

The pandemic has caused a change in the process of delivering wellness services. Although in-person sessions have resumed to some extent, the virtual platform has been made available to at-risk employees to meet their psychological and fitness needs. Initially, the lockdown imposed due to COVID19 resulted in transition to work from home, causing a great deal of stress.

Report Highlights

The health risk assessment segment dominated the market for corporate wellness and accounted for the largest revenue share of 21.1% in 2020. Corporate wellness programs mainly include screening activities to identify health risks and implement appropriate interventional strategies to promote a healthy lifestyle among employees. Around 80% of the employers offering employee well-being services, opt for health risk assessment of their employees. In June 2016, Wellness Corporate Solutions launched the WCS Analytics + platform, which consists of an interactive data dashboard that enables the clients to plan and implement healthy activities leading to productive workplaces.

The large scale organizations dominated the end-use segment and accounted for the largest revenue share of 52.8% in 2020. According to RAND, around 70% of organizations invested in health screening services in the year 2013. Well-documented studies indicate that correctly implemented programs can yield a return on investments of around 3:1. Larger organizations can incorporate programs and services into their company’s infrastructure. Small scaled organizations can benefit from corporate memberships and outsourcing the services.

Key Players

  • ComPsych
  • Wellness Corporate Solutions
  • Virgin Pulse
  • Provant Health Solutions
  • EXOS
  • Marino Wellness
  • Privia Health
  • Vitality Group
  • Wellsource, Inc.
  • Central Corporate Wellness
  • Truworth Wellness
  • SOL Wellness
  • Well Nation
  • ADURO, INC.
  • Beacon Health Options
  • Fitbit, Inc.

Market Segmentation

  • Service Outlook 
    • Health Risk Assessment
    • Fitness
    • Smoking Cessation
    • Health Screening
    • Nutrition & Weight Management
    • Stress Management
    • Others
  • End-use Outlook 
    • Small Scale Organizations
    • Medium Scale Organizations
    • Large Scale Organizations
  • Category Outlook 
    • Fitness & Nutrition Consultants
    • Psychological Therapists
    • Organizations/Employers
  • Delivery Model Outlook 
    • Onsite
    • Offsite
  • Regional Outlook 
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa (MEA)
      • South Africa

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The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Corporate Wellness Market, By Service

7.1. Corporate Wellness Market, by Service Type, 2020-2030

7.1.1. Fitness

7.1.1.1. Market Revenue and Forecast (2016-2030)

7.1.2. Health Risk Assessment

7.1.2.1. Market Revenue and Forecast (2016-2030)

7.1.3. Health Screening

7.1.3.1. Market Revenue and Forecast (2016-2030)

7.1.4. Smoking Cessation

7.1.4.1. Market Revenue and Forecast (2016-2030)

7.1.5. Stress Management

7.1.5.1. Market Revenue and Forecast (2016-2030)

7.1.6. Nutrition & Weight Management

7.1.6.1. Market Revenue and Forecast (2016-2030)

7.1.7. Others

7.1.7.1. Market Revenue and Forecast (2016-2030)

Chapter 8. Global Corporate Wellness Market, By Category

8.1. Corporate Wellness Market, by Category, 2020-2030

8.1.1. Psychological Therapists

8.1.1.1. Market Revenue and Forecast (2016-2030)

8.1.2. Psychological Therapists

8.1.2.1. Market Revenue and Forecast (2016-2030)

8.1.3. Organizations/Employers

8.1.3.1. Market Revenue and Forecast (2016-2030)

Chapter 9. Global Corporate Wellness Market, By Delivery Model

9.1. Corporate Wellness Market, by Delivery Model, 2020-2030

9.1.1. Offsite

9.1.1.1. Market Revenue and Forecast (2016-2030)

9.1.2. Onsite

9.1.2.1. Market Revenue and Forecast (2016-2030)

Chapter 10. Global Corporate Wellness Market, By End-User

10.1. Corporate Wellness Market, by End-User, 2020-2030

10.1.1. Large Scale Organizations

10.1.1.1. Market Revenue and Forecast (2016-2030)

10.1.2. Medium Scale Organizations

10.1.2.1. Market Revenue and Forecast (2016-2030)

10.1.3. Small Scale Organizations

10.1.3.1. Market Revenue and Forecast (2016-2030)

Chapter 11. Global Corporate Wellness Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Service (2016-2030)

11.1.2. Market Revenue and Forecast, by Category (2016-2030)

11.1.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.1.4. Market Revenue and Forecast, by End-User (2016-2030)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Service (2016-2030)

11.1.5.2. Market Revenue and Forecast, by Category (2016-2030)

11.1.5.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.1.5.4. Market Revenue and Forecast, by End-User (2016-2030)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Service (2016-2030)

11.1.6.2. Market Revenue and Forecast, by Category (2016-2030)

11.1.6.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.1.6.4. Market Revenue and Forecast, by End-User (2016-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Service (2016-2030)

11.2.2. Market Revenue and Forecast, by Category (2016-2030)

11.2.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.2.4. Market Revenue and Forecast, by End-User (2016-2030)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Service (2016-2030)

11.2.5.2. Market Revenue and Forecast, by Category (2016-2030)

11.2.5.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.2.5.4. Market Revenue and Forecast, by End-User (2016-2030)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Service (2016-2030)

11.2.6.2. Market Revenue and Forecast, by Category (2016-2030)

11.2.6.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.2.6.4. Market Revenue and Forecast, by End-User (2016-2030)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Service (2016-2030)

11.2.7.2. Market Revenue and Forecast, by Category (2016-2030)

11.2.7.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.2.7.4. Market Revenue and Forecast, by End-User (2016-2030)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Service (2016-2030)

11.2.8.2. Market Revenue and Forecast, by Category (2016-2030)

11.2.8.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.2.8.4. Market Revenue and Forecast, by End-User (2016-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Service (2016-2030)

11.3.2. Market Revenue and Forecast, by Category (2016-2030)

11.3.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.3.4. Market Revenue and Forecast, by End-User (2016-2030)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Service (2016-2030)

11.3.5.2. Market Revenue and Forecast, by Category (2016-2030)

11.3.5.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.3.5.4. Market Revenue and Forecast, by End-User (2016-2030)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Service (2016-2030)

11.3.6.2. Market Revenue and Forecast, by Category (2016-2030)

11.3.6.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.3.6.4. Market Revenue and Forecast, by End-User (2016-2030)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Service (2016-2030)

11.3.7.2. Market Revenue and Forecast, by Category (2016-2030)

11.3.7.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.3.7.4. Market Revenue and Forecast, by End-User (2016-2030)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Service (2016-2030)

11.3.8.2. Market Revenue and Forecast, by Category (2016-2030)

11.3.8.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.3.8.4. Market Revenue and Forecast, by End-User (2016-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Service (2016-2030)

11.4.2. Market Revenue and Forecast, by Category (2016-2030)

11.4.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.4.4. Market Revenue and Forecast, by End-User (2016-2030)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Service (2016-2030)

11.4.5.2. Market Revenue and Forecast, by Category (2016-2030)

11.4.5.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.4.5.4. Market Revenue and Forecast, by End-User (2016-2030)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Service (2016-2030)

11.4.6.2. Market Revenue and Forecast, by Category (2016-2030)

11.4.6.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.4.6.4. Market Revenue and Forecast, by End-User (2016-2030)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Service (2016-2030)

11.4.7.2. Market Revenue and Forecast, by Category (2016-2030)

11.4.7.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.4.7.4. Market Revenue and Forecast, by End-User (2016-2030)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Service (2016-2030)

11.4.8.2. Market Revenue and Forecast, by Category (2016-2030)

11.4.8.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.4.8.4. Market Revenue and Forecast, by End-User (2016-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Service (2016-2030)

11.5.2. Market Revenue and Forecast, by Category (2016-2030)

11.5.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.5.4. Market Revenue and Forecast, by End-User (2016-2030)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Service (2016-2030)

11.5.5.2. Market Revenue and Forecast, by Category (2016-2030)

11.5.5.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.5.5.4. Market Revenue and Forecast, by End-User (2016-2030)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Service (2016-2030)

11.5.6.2. Market Revenue and Forecast, by Category (2016-2030)

11.5.6.3. Market Revenue and Forecast, by Delivery Model (2016-2030)

11.5.6.4. Market Revenue and Forecast, by End-User (2016-2030)

Chapter 12. Company Profiles

12.1. Wellness Corporate Solutions

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. ComPsych

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Provant Health Solutions

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Beacon Health Options

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Virgin Pulse

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Marino Wellness

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. EXOS

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Vitality Group

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Privia Health

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Central Corporate Wellness

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. Wellsource, Inc.

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

12.12. SOL Wellness

12.12.1. Company Overview

12.12.2. Product Offerings

12.12.3. Financial Performance

12.12.4. Recent Initiatives

12.13. Truworth Wellness

12.13.1. Company Overview

12.13.2. Product Offerings

12.13.3. Financial Performance

12.13.4. Recent Initiatives

12.14. ADURO, INC.

12.14.1. Company Overview

12.14.2. Product Offerings

12.14.3. Financial Performance

12.14.4. Recent Initiatives

12.15. Well Nation

12.15.1. Company Overview

12.15.2. Product Offerings

12.15.3. Financial Performance

12.15.4. Recent Initiatives

12.16. Fitbit, Inc.

12.16.1. Company Overview

12.16.2. Product Offerings

12.16.3. Financial Performance

12.16.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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