Corporate wellness is an employer's approach to achieve a healthy workplace. Corporate wellness programs are designed to both support and encourage a holistic approach to employee wellbeing by creating an organizational culture of health. Corporate wellness incorporates wellness activities into their daily life to promote employees' well-being.
Market Dynamics:
Increasing prevalence of chronic diseases, the outbreak of COVID-19 (pandemic), rise in focus on corporate wellness, and rising awareness about employee health and well-being are major factors expected to drive growth of the U.S. corporate wellness market.
For instance, According to the American Psychological Association (APA), since the COVID-19 pandemic, essential employees were twice more likely to be diagnosed with a mental health issue, and received treatment from a mental health professional (34% vs. 12%). This in turn has increased the need for wellness programs in the workplace.
Key features of the study:
- This report provides in-depth analysis of the U.S. corporate wellness market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the U.S. corporate wellness market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Ayco, Aquila, BSDI, Aduro, Active Wellness, Virgin Pulse, Compsych, Provant Health Solutions, American Specialty Health, Wellness Corporate Solutions, and Bank of America Merrill Lynch, among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The U.S. corporate wellness market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. corporate wellness market.
Detailed Segmentation:
- U.S. Corporate Wellness Market, By Programs
- HRA (Health Risk Assessment)
- Nutrition and Weight Management
- Smoking Cessation
- Fitness Services
- Stress Management
- Alcohol and Drug Rehab
- Health Education Services
- Financial Wellness
- Others
- U.S. Corporate Wellness Market, By End User
- Large Private Sector Businesses
- Medium Private Sector Businesses
- Small Private Sector Businesses
- Public Sector Companies
- Non-profit Organizations
- U.S. Corporate Wellness Market, By Incentive Program
- Participatory
- Health-contingent
- U.S. Corporate Wellness Market, By Revenue Model
- Recurring Revenues
- Seasonal Revenues
- U.S. Corporate Wellness Market, By Type
- U.S. Corporate Wellness Market, By Delivery Model
- U.S. Corporate Wellness Market, By Industry
- Media and Technology
- Healthcare
- Financial Services
- Manufacturing
- Retail
- Others
- Company Profiles
- Ayco
- Aquila
- BSDI
- Aduro
- Active Wellness
- Virgin Pulse
- Compsych
- Provant Health Solutions
- American Specialty Health
- Wellness Corporate Solutions
- Bank of America Merrill Lynch
