Data Bridge Market Research has recently added a concise research on Global Corporate Wellness Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are Optum, Inc. (United Health Group), Sodexo, JLT Australia (RecovreGroup), Trotter Wellness, ProvantHealth (Hooper Holmes, Inc.), BupaWellness Pty Ltd (BupaGroup), FitLinxx
Analysis of Global Corporate Wellness Market report:
Global Corporate Wellness Market is expected to reach USD 84.67 billion by 2025, from USD 50.20 billion in 2017 growing at a CAGR of 6.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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People now are cutting down their sugar levels, trying to go to gym, trying to do proper exercise and also trying to quit their bad habits of smocking. Corporate wellness programs are intended to provision and encourage a complete method for the employee wellbeing by making an organizational culture of health. There are workplace wellness programs that are conducted by the firms for health benefits. These programs help in enhancing the employees productivity and reduces the overall operational cost. These programs help the employees to adopt a healthier life style.
Major Market Drivers And Restraints:
- Increase in adoption of newly introduced corporate wellness plans for fitness, weight management and nutrition.
- Growing awareness about corporate wellness programs
- Rise in expenditure on health care
- Lack of availability for corporate wellness services
- Low penetration of health care facilities
Leading Key players profiled in this report are:
Some of the major players operating in the global corporate wellness market are Optum, Inc. (United Health Group), Sodexo, JLT Australia (RecovreGroup), Trotter Wellness, ProvantHealth (Hooper Holmes, Inc.), BupaWellness Pty Ltd (BupaGroup), FitLinxx, Corporate Wellness Solutions, SOL Wellness, ComPsych Corporation, ConneXions Asia, CC Group, Truworth Wellness, EXOS, Wellness Corporate Solutions, Central Corporate Wellness, TruworthWellness, CXA Group Pte.Limited, Marino Wellness , Wellness Corporate Solutions , Premise Health , TotalWellness and SOL are among the others.
Global Corporate Wellness Market Segmentation:
- The global corporate wellness market is segmented based on service, and geographical segments.
- Based onservice type, the market is segmented into weight management, Health Risk Assessments (HRAs), health screening, nutrition, fitness, smoking cessation, other services, vaccinations, stress management, diabetes management.
- Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
The global corporate wellness market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of corporate wellness market for global, Europe, North America, Asia Pacific and South America.
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The Global Corporate Wellness Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Corporate Wellness Market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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