Corporate Wellness Market Size to grow at a CAGR of 9.5% During the Forecast period
Corporate Wellness Market
The Corporate Wellness Market was valued at USD 51,120.4 million in 2020 and is expected to grow at a CAGR of 9.5% during the forecast period. Corporate wellness programs are a set of harmonized health promotion strategies that are implemented at the worksites.
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Competitive Landscape
The market research report deals with the in-depth competitive analysis which includes company profiles of the key market players that are operating in the global market. The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as ComPsych, Wellness Corporate Solutions, Virgin Pulse, Provant Health Solutions, EXOS, Marino Wellness, Truworth Wellness, SOL Wellness, Well Nation, ADURO, INC., Beacon Health Options, Fitbit, Inc., Privia Health, Vitality Group, Wellsource, Inc., Central Corporate Wellness
Recent Developments in the Global Corporate Wellness Market
⦿ February 2021- Fitbit, a part of Google, announced the launch of the Mindful Method wellness collection program. It is an audio and video program that mainly focuses on sleep, mindfulness, stress management, mental wellbeing and the mind and body connection.
⦿ January 2021- HopeQure, an Indian online mental health counselling platform, launched an automated online corporate employee mental health wellness program. The employee assistance portal helps the workers to adopt healthy work practices by providing a comprehensive solution to support them through their work-life difficulties.
Market Segmentation
The market segmentation of the global Corporate Wellness market has been done based on technology, product, distribution channel application, vertical industry, and end-user. Apart from this, the segmentation is also being done based on the geographical landscape. The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Corporate Wellness market has been segmented by Service (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition and Health Management, Stress Management, Others), Category (Fitness and Nutrition Consultants, Psychological Therapists, Organizations/Employees), Delivery Model (Onsite Offsite), End-Use (Small Scale organizations, Medium Scale Organizations, Large Scale Organizations)
Corporate Wellness Market is further classified on the basis of region as follows:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, The Netherlands, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific)
➣ Middle East and Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
➣ South America (Brazil, Argentina, Colombia, Rest of South America)
Important Point Covered in the Report:
📌 Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Corporate Wellness market segments, study objectives, and years considered.
📌 Market Landscape: The competition in the Global Corporate Wellness Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
📌 Companies Profiles: The global Corporate Wellness market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
📌 Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
📌 Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Corporate Wellness Market.
📌 Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
📌 Research Findings: This section of the report showcases the findings and analysis of the report.
📌 Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Our Report Consists of the Following:
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The Research Report Offers Answers to the Following Questions:
1) What is the expected growth rate of the global market for the forecast period?
2) What are the key driving factors that are responsible to shape the fate of the Corporate Wellness market during the forecast period?
3) What will be the overall size of the market during the analysis period?
4) What are the prominent market trends which influence the development of the Corporate Wellness market across various regions?
5) Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
6) What are the challenges and threats that are likely to act as a barrier to the growth of the Corporate Wellness market?
7) What are the major opportunities that the companies can get to attain success in the world?
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