The global market for corporate health and wellness management is expected to grow at a CAGR of 6.8 percent until 2025. The U.S. has the highest market maturity, followed by Europe. The APAC and other parts of Western Europe are expected to be the drivers of future growth in the segment of corporate wellness services. However, corporate wellness penetration is still low outside North America and Europe. Around 60 percent of employees in North America and 40 percent in Europe have access to workspace wellness programs. The APAC and Latin America are also witnessing an increase in the adoption of wellness programs due to efforts by large global buyers having a considerate supply base. Among all the end-user segments, large-scale organizations have the highest share in the market for global corporate wellness.
Fortune 500 companies are now focusing on employee assistance programs to increase their productivity and reduce absenteeism. The report also provides an overview of various technology trends impacting the industry, followed by innovations to improve organization, knowledge, technology, and performance. It also explores the various corporate wellness drivers and constraints impacting the market, along with regional market outlook in regions such as North America, Europe, Middle East and Africa, Asia Pacific, and Latin America.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Health and Wellness Management covers the following
The global workplace wellness market was valued at $ 16 billion in 2016
Corporate wellness penetration is still very low outside North America and Europe
Increasing levels of employee wellness across the globe signal the increasing buyer maturity and willingness to partner with suppliers
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