Corporate Wellness Market By Service (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, and Others), By Category (Fitness & Nutrition Consultants, Psychological Therapists, and Organizations/Employers), By End-Use (Small-Scale Organizations, Medium-Scale Organizations, and Large-Scale Organizations), and By Region - Trends, Analysis and Forecast till 2034

Corporate Wellness Market was valued at USD 63 Billion in 2024 and is projected to grow at a CAGR of 5.90% to reach USD 106.2 Billion by 2034.

The corporate wellness market, which comprises the health risk assessment, stress management, fitness and weight management segments. It is important as most of the employees in an organization are suffering from various diseases like hypertension, depression and so on. Therefore, these coaching services can facilitate long-term customer relationship between the companies providing and receiving health management services and is expected to witness steady growth due to increasing cognizance of workforce wellness. Wellness programs at the workplace help companies in increasing productivity while reducing the overall operational costs. These programs encourage employees to adopt a healthier lifestyle and help companies enhance productivity and employee performance. Excellent employee benefit programs can improve the financial, mental and physical health of employees and mitigate costs associated with healthcare and turnover. Healthy employees can spend less on health care; take fewer sick days which gives the more productive output.

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An increase in the prevalence of lifestyle-related diseases among employees, owing to hectic work, long hours, and unhealthy eating habits. Therefore, many businesses and enterprises in various industry verticals have started implementing health programs for their employees, which will boost market demand. Also, rising awareness regarding employee health and wellbeing is augmenting the market growth.

However, rising cases of obesity increased costs of insurance, which further account for the financial burden on the employers.

Corporate wellness market is segmented based on service, category, end-use, and region.

Based on service, the corporate wellness market is segmented into health risk assessment, fitness, smoking cessation, health screening, nutrition & weight management, stress management, and others. Based on the category, the global market is segmented into fitness & nutrition consultants, psychological therapists, and organizations/employers. Based on end-use, the global market is segmented into small-scale organizations, medium-scale organizations, and large-scale organizations.

Regional Insights:                                

On region the corporate wellness market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the Corporate Wellness market due to increase awareness associated with company benefits on implementing programs for an employee on the health-related issue. Asia Pacific Corporate Wellness market is projected to register a high CAGR over the forecast period owing to the growing trend of increasing productivity and excellent performance of the employee.

Report Scope:

Segments Covered in the Report: 
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the corporate wellness market report based on service, category, end use, and region.

Corporate Wellness Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Corporate Wellness market involves ComPsych; Wellness Corporate Solutions; Virgin Pulse; Provant Health Solutions; EXOS; Marino Wellness, Privia Health; Vitality Group; Wellsource, Inc.; Central Corporate Wellness; Truworth Wellness; and SOL Wellness. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in August 2016 Wellness Corporate Solutions, a U.S.-based company, relocated their warehouse to a new facility in response to rising demand for biometric screening services.

• ComPsych
• Wellness Corporate Solutions
• Virgin Pulse
• Provant Health Solutions
• Marino Wellness
• Privia Health
• Vitality Group
• Wellsource, Inc.
• True worth Wellness
• SOL Wellness