Corporate Wellness Market Estimates Showing Surprising Stability

Quince Market Insights has released a new research study titled “Global Corporate Wellness Market” 2023 analysis by the following subjects: “Industry size, share, growth, segmentation, companies and developments, key trends, market drivers, restraints, regulations, distribution methods, opportunities, strategies, potential road maps, and annual forecast till 2032′′. The purpose of the market research study is to thoroughly investigate the industry in order to gain knowledge of the industry and its economic potential. As a result, the client has complete knowledge of the market and business from past, present, and prospective aspects enabling them to allocate resources and invest money wisely. This report has a complete table of contents, Market figures, tables, and charts, as well as insightful analysis.

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.

Key Highlights of the Global Corporate Wellness Market Analysis include:

The report includes historical, forecast data, which is used to make future predictions and industry analysis.
The report includes information on regional and global trade, as well as consumption value and production capacity for each country.
Additional essential metrics used for market growth research include Porter's five forces analysis, value chain analysis, and SWOT analysis.
For 2020 and 2021, the study provides concise insights into how the pandemic has affected demand.
Profiles of some of the major players in the global Global Corporate Wellness Market, which include 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

Corporate wellness programs are a set of harmonized health promotion strategies that are implemented at the worksites. These strategies include policies, programs, and various other benefits to the community designed for encouraging employees' health and overall safety.

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The Global Corporate Wellness Market research report utilizes both primary and secondary data sources. Government laws, market circumstances, competitive levels, historical data, market status, anticipated changes in linked firms, market volatility, and prospects are just a few of the industry-affecting elements studied during the research process.

Key Impact Factors of the Market:

The main factor driving the corporate wellness market is the increasing adoption of corporate wellness programs by employers, rising use of technology-based corporate wellness systems, and substantial burden of chronic health ailments and mental health organizations.

The global Global Corporate Wellness Market is segmented on the basis

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)

Regional Analysis:

✫ North America (U.S., Canada, Mexico) ✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe) ✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia, Singapore, Rest of Asia Pacific) ✫ South America (Colombia, Brazil, Argentina, Rest of South America) ✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Industry News of the 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.

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