According recent reports on the corporate wellness market, analysts expect a +62 Billion USD and at a CAGR of +9% increase over the forecast period of 2018-2026. This is good news for companies who provide wellness programs, but also for employees who will begin receiving them.
Corporate Wellness Market Growth Report
The report segmented the global corporate wellness market by service type, including:
- Health Risk Assessment
- Smoking Cessation
- Health Screening
- Weight Management
- Others (Stress Management, Disease Management, Vaccination, etc.)
The market was also segmented into five major regions: North America Europe, Asia Pacific, Latin America, and Middle East & Africa. Key stakeholders of the report include EXOS, ProvantHealth, Wellness Corporate Solutions, ComPsych Corporation, Optum, Inc., Sodexo, and BupaWellness Pty Ltd. Many of these companies provide the above services included in their wellness programs.
Analyst’s Predictions on Market
So how did analysts come up with this substantial increase for the market? According to Researchmoz Global Pvt. Ltd., the report provides “a detailed qualitative analysis of factors responsible for driving and restraining the market and future opportunities has been provided. The report also provides with market attractiveness analysis, regulatory scenario, and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global corporate wellness market.”
OccuMed of New England provides corporate wellness programs, including smoking cessation, health screens, nutrition and fitness guidance, stress management and more. If analyses are correct, corporations will begin to implement more of these programs as a benefit for their employees. The anticipated increase of the market will benefit not only the service providers, but the consumers as well. If you or your company is interested in providing workplace wellness programs, call 833-OCCUMED or visit our website to find out more. To request a quote, please fill out our “Contact Us” form on our website.