Dublin, Nov. 02, 2018 (GLOBE NEWSWIRE) -- The "Corporate Wellness Market Size, Share & Trends Analysis Report By End Use, By Service (Health Risk Assessment, Nutrition & Weight Management), By Category, By Region, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global corporate wellness market size is expected to reach USD 84.9 billion by 2025

The market is estimated to expand at a CAGR of 6.8% during the forecast period. Rising demand for corporate wellness activities due to increased insurance costs that result in financial burden on employers is driving the market. The corporate wellness initiatives target particular health risk factors such as stress, obesity, smoking, diet, lack of exercise, etc.

Various companies across the globe have started initiating wellness programs for disease prevention and productivity improvement. According to a study conducted by Harvard economists, absenteeism costs fall by USD 2.73 for every dollar spent on wellness programs. Therefore, the employees need to be encouraged to adopt a healthier lifestyle to improve their productivity.

Further key findings from the study suggest:

• Corporate wellness programs are aiming at the improvement of employee well-being, to reduce absenteeism costs, which account for a huge productivity and monetary loss
• In addition, employers have to pay the mandated health insurance costs, which increases their economic burden
• Health risk assessment segment led the overall market, in terms of revenue share, in 2017. The health screening activities enable the employers to implement strategic initiatives to deal with the identified health risks
• Stress management segment is likely to witness the fastest growth rate over the forecast period (from 2018 to 2025), owing to rising preference for on-site yoga and meditation services
• Large-scale organizations dominated the end-use segment in 2017. Implementation of wellness services is easier and convenient in the large-scale companies due to their advanced infrastructure
• Medium-scale organizations are likely to experience the fastest growth over the forecast period, due to increasing adoption of health screening services
• Wellness service providers dominated the market in 2017. The fitness & nutrition consultants segment is anticipated to witness the fastest growth from 2018 to 2025
• North America was the dominant regional market in 2017, in terms of revenue share
• Asia Pacific is likely to have an impressive growth rate over the forecast periodon account of rapidly growing number of working individuals
• Some of the key players in this market are ComPsych Corporation, Virgin Pulse, Inc., Provant Health Solutions LLC, EXOS, Vitality Group, Inc., Interactive Health, Inc., Sodexo, FitLinxx, Inc.

Key Topics Covered:

Chapter 1 Research Methodology
1.1 Information Procurement
1.2 Data Analysis

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation and Scope
3.1.1 Market Driver Analysis
3.1.2 Market Restraint Analysis
3.2 Penetration & Growth Prospects Mapping
3.3 Corporate Wellness Market - PESTLE Analysis
3.4 Industry Analysis - Porter's
3.5 Corporate Wellness Market: Recent Trends and Advancements

Chapter 4 Corporate Wellness Market: Service Estimates & Trend Analysis
4.1 Corporate Wellness Market: Service Movement Analysis
4.2 Health Risk Assessment
4.3 Fitness
4.4 Smoking Cessation
4.5 Health Screening
4.6 Nutrition & Weight Management
4.7 Stress Management
4.8 Others

Chapter 5 Corporate Wellness Market: End Use Estimates & Trend Analysis
5.1 Corporate Wellness Market: End Use Movement Analysis
5.2 Small-scale Organizations
5.3 Medium-scale Organizations
5.4 Large-scaleLarge-scale Organizations

Chapter 6 Corporate Wellness Market: Category Estimates & Trend Analysis
6.1 Corporate Wellness Market: Category Movement Analysis
6.2 Fitness & Nutrition Consultants
6.3 Psychological Therapists
6.4 Organizations

Chapter 7 Corporate Wellness Market: Regional Estimates & Trend Analysis 2017 & 2025

Chapter 8 Competitive Landscape

• ComPsych
• Wellness Corporate Solutions
• Virgin Pulse
• Provant Health Solutions
• EXOS
• Marino Wellness
• Privia Health
• Vitality Group
• Wellsource
• Central Corporate Wellness
• Truworth Wellness
• SOL Wellness
• FitLinxx

For more information about this report visit https://www.researchandmarkets.com/research/2ndznj/global_84_9_bn?w=12

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