The US Corporate Wellness Services Market Size And Forecast

Aug 2019| VMR1298A| Verified Market Research

Report Highlights

The US Corporate Wellness Services Market Size And Forecast

According to Verified Market Research, The US Corporate Wellness Services Market was valued at USD 9.93 Billion in 2018 and is projected to reach USD 18.76 Billion by 2026, growing at a CAGR of 8.3% from 2019 to 2026.

The latest survey on Global US Corporate Wellness Services Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in US Corporate Wellness Services Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global US Corporate Wellness Services Market By Type, By Language, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities

What are Corporate Wellness Services?

Corporate wellness program also referred as employee wellness program includes many activities designed specifically to support better health at work and ultimately improve the health outcomes. It includes Health Risk Assessments (HRAs), nutrition and weight management, smoking cessation, fitness services, alcohol and drug abuse services, stress management, health education services and many other services. In addition, it also includes medical screenings, incentives, behavior change interventions, social support or competitions to assure better health of individual at work.

The US Corporate Wellness Services Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Owing to the rising healthcare cost, sedentary lifestyle of corporate employees and growing interest of employer, the demand for wellness program is continuously increasing. Moreover, implementation of increasing white collar jobs, weight loss and smoking cessation as primary agenda of wellness programs and discount provisions by corporate wellness programs are some other factors which are enhancing the demand for corporate wellness services market in US. However, ineffective execution of plan, constant struggle for employee engagement and participation, and perceived expensiveness of wellness programs are certain challenging factors which may hinder the growth of this market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “The US Corporate Wellness Services Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. 

The US Corporate Wellness Services Market Competitive Landscape

The “US Corporate Wellness Services Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Castlight Health, Healthsparq, ClearCost Health, Vitals, Healthcare Bluebook, ComPsych Wellness Corporate Solutions, Kinema Fitness., WorkStride, and Fitbit. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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