Corporate wellness is a new concept, in which programs are created to offer a healthier lifestyle for the employee in the workplace. Corporate wellness programs develop productivity, minimize absenteeism, and raise positive morale, and by designing an organizational culture of health to employee wellbeing it supports a holistic approach. The history of corporate wellness states that in the 1800s the practice of employee wellness was generally simple. Pullman Company designed an athletic association for their workers in 1870. In the present days, several companies provide several corporate wellness programs like a free or reduced gym membership, free massages at work, on-site fitness centers, yoga classes, educational opportunities, rooms for rest, vaccination clinics, health risk assessments, healthy food at work, and wellness outings to enhance job satisfaction in employees.
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Top Company Profiles Included in the Corporate Wellness Market :
ComPsych Corporation (US), Wellness Corporate Solutions (US), Virgin Pulse (US), Provant Health Solutions (US), EXOS(US), Marino Wellness (US), Privia Health (US), Vitality Group (Chicago), Wellsource Inc. (US), Central Corporate Wellness (Singapore), Truworth Wellness (US), SOL Wellness (US), CXA Group (Singapore), Optum (US) and other major players.
The Corporate Wellness Market presents a full analysis of the pandemic's influence on the whole industry, as well as an outline of market scenarios before and after COVID-19. All of our reports will be modified before distribution to account for the impact of COVID-19 to offer a more accurate market prediction. The Corporate Wellness Market study looks at numerous market segments based on type, application, and geographies. The Corporate Wellness Market also includes a competitive analysis of the top Keyword product providers, as well as their most recent advances. This study is divided into three sections: type, application, and region, with market size and forecasts for each area. For the predicted period, yearly compound growth rates for all segments have also been presented.
Segmentation Analysis of Corporate Wellness Market:
The Corporate Wellness Market can be segmented in various ways to better understand and cater to consumers' diverse needs and preferences. Here are some common segmentation criteria for the Corporate Wellness Market
By Service Type
- Health Risk Assessment
- Fitness
- Smoking Cessation
- Health Screening
- Nutrition & Weight Management
- Stress Management
- Others
By End-User
- Small Scale
- Medium Scale
- Large Scale
By Delivery Model
- Onsite
- Offsite
Share Data Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Opportunity:
Technological Advancement in Wellness Programs
The use of novel technology in wellness programs offers a lucrative opportunity for market growth. Nowadays, wearable technologies are becoming popular like fitness trackers and Fitbit offering smartwatches that monitor activity levels and enhance productivity in the workplace. Through these devices, employers can track particular information regarding their employees such as heart rate, number of steps taken every day, physical activity levels, sleep quality, number of burned calories, and more information. These devices become effective tools that can assist employees in data collection and analysis, through which they can make the necessary changes in the workplace. However, the number of healthcare apps used in corporations for employee health like Telemedicine apps. By using this app employees can schedule an appointment with the doctor from their smartphones. Other AI-based tools like conversational chatbots are the most cost-effective and easier solutions for employers to manage risk profiles according to physical, mental, and lifestyle characteristics. Thus, these advanced technologies are anticipated to provide a profitable opportunity for the corporate wellness market in the upcoming years.
Our Free Sample Report Includes in Corporate Wellness Market:
- 2022 Updated Report Introduction, Overview, and In-depth industry analysis
- 50+ Pages Corporate Wellness Market Report (Inclusion of Updated Corporate Wellness Market )
- Provide Chapter-wise guidance on the Request
- 2022 Updated Regional Analysis with Graphical Representation of Size,
- Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategies,
- Sales Volume, and Revenue Analysis
- Introspective Market Corporate Wellness Market Methodology
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