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Corporate Wellness Market
Analysts’ Viewpoint on Market Scenario
The increasing adoption of advanced corporate wellness programs in many developing regions is fueling the growth of the global market. The global corporate wellness market is expected to witness tremendous growth opportunities due to rising incidences of chronic disorders across the globe. The rising number of health complications in employees demand for health assessment programs at their workplaces. Market contributors are leveraging the opportunities to improve revenue and presence in the global market, as these programs are found to be highly effective in increasing the productivity of employees at workplace. Furthermore, the rising implementation of such programs in order to check health issues in employees is driving the global market. However, the unavailability of skilled professionals is a major restraining factor in the global market.
The global corporate wellness market is driven by rapidly rising cases of chronic diseases across the globe. The increasing number of market players selling corporate wellness programs to various organizations is attributable to market growth. Manufacturers operating in the global corporate wellness business are focusing on high-quality services to boost the overall health and wellbeing of employees. Many employers in developing countries are adopting these services for better health and improved lifestyle. This has significantly reduced the total healthcare expenditure and helps improve the productivity of employees across the globe.
There is an increase in awareness about better health and fitness among corporate employees, especially during the global coronavirus outbreak. Many people have started investing in corporate wellness programs to check their health and fitness. The corporate wellness programs provide services such as stress management, health screening, weight management, food & nutrition, etc. Service providers operating in the global corporate wellness industry are gaining value-grab opportunities after the coronavirus pandemic. Corporate or workplace wellness programs are employer-funded services designed to maintain the good health of employees.
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The global corporate wellness market is driven by the rising number of cardiovascular diseases. The corporate wellness programs are in place to know various health risks associated with the employees. In order to promote healthy behavior at workplaces and boost productivity, many corporate organizations are implementing corporate wellness programs in their organizations.
Corporate wellness programs help employees to understand health risks associated with them and reduce healthcare expenses to a great extent. Corporate wellness programs comprise health risk assessments, fitness, health screening, weight management, smoking cessation, and nutrition. These programs are aimed at the overall health and wellbeing of employees.
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The global corporate wellness market is driven by increasing incidences of lifestyle diseases, advancement in the healthcare sector, and rising awareness of such wellness programs in employees at the global level. Due to rapidly increasing heart-related diseases among corporate employees, there is a willingness to invest in such programs at workplaces. In addition, cancer, diabetes, high blood pressure, and respiratory diseases are the leading cause of death around the world. Governments are also investing in the promotion of such corporate wellness programs to improve the health and productivity of employees in various organizations.
Moreover, the increasing demand for corporate wellness services in many organizations is creating potential growth opportunities for market players. In order to increase the overall wellbeing of employees, market players are offering cost-effective and highly efficient corporate wellness programs at workplaces.
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North America is expected to account for the largest share of the global corporate wellness market. Technological advancement in the healthcare industry, the rising incidence of chronic disorders, and the increasing geriatric population are some of the factors contributing to the market growth in North America.
The rising awareness in people about these services in North America, along with increasing investments in healthcare accelerates corporate wellness business in the region. Improvement in healthcare services at corporate workplaces is also driving the market.
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Attribute |
Detail |
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Market Size Value in 2020 (Base Year) |
US$ 40.2 Bn |
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Market Forecast Value in 2028 |
US$ 74.5 Bn |
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Growth Rate (CAGR) |
8.2% |
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Forecast Period |
2021–2028 |
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Quantitative Units |
US$ Bn for Value |
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Market Analysis |
It includes cross-segment analysis at regional level. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, pricing analysis, and parent industry overview. |
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Format |
Electronic (PDF) |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Customization Scope |
Available upon request |
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Pricing |
Available upon request |
Corporate Wellness Market – Segmentation
TMR’s study on the global market includes information divided into two segments: service type and region. Changing industry trends and other market dynamics associated with these segments of the global are discussed in detail.
| Service Type |
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| Region |
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The global corporate wellness market was worth US$ 40.2 Bn and is projected to reach a value of US$ 74.5 Bn by the end of 2028
The corporate wellness market is anticipated to grow at a CAGR of 8.2% during the forecast period
North America accounted for a major share of the global corporate wellness industry
Corporate wellness market is driven by increasing incidences of lifestyle diseases, advancement in healthcare sector, and rising awareness of such wellness programs in employees at the global level
Key players in the global market include EXOS, ProvantHealth (Hooper Holmes, Inc.), Wellness Corporate Solutions, ComPsych Corporation, Optum, Inc. (United Health Group), Sodexo, BupaWellness Pty Ltd. (BupaGroup), JLT Australia (RecovreGroup), Central Corporate Wellness, Truworth Wellness, CXA Group Pte. Limited, and SOL Wellness.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Corporate Wellness Market
4. Market Overview
4.1. Introduction
4.1.1. Service Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Corporate Wellness Market Analysis and Forecast, 2017–2028
4.4.1. Market Revenue Projections (US$ Mn)
4.4.2. Market Volume/Unit Shipments Projections
4.5. Porter’s Five Force Analysis
5. Key Insights
5.1. Government support and initiatives
5.2. Increase in number of white collar employees
5.3. Rise in awareness about health and wellness among employers & employees
5.4. Restraints
5.5. Entry of local players leads to price competition
5.6. Willingness of employer to invest in wellness programs
5.7. Increase in incidence of chronic conditions
5.8. Restraints
5.9. Rise in external competition
5.10. Government support and initiatives
6. Global Corporate Wellness Market Analysis and Forecast, by Service Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value & Volume Forecast, by Service Type, 2017–2028
6.3.1. Health Risk Assessment
6.3.2. Fitness
6.3.3. Smoking Cessation
6.3.4. Health Screening
6.3.5. Weight Management
6.3.6. Nutrition
6.3.7. Others (stress management, disease management, vaccination, etc.)
6.4. Market Attractiveness Analysis, by Service Type
7. Global Corporate Wellness Market Analysis and Forecast, by Region
7.1. Key Findings
7.2. Market Value & Volume Forecast, by Region
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Latin America
7.2.5. Middle East & Africa
7.3. Market Attractiveness Analysis, by Country/Region
8. North America Corporate Wellness Market Analysis and Forecast
8.1. Introduction
8.1.1. Key Findings
8.2. Market Value & Volume Forecast, by Service Type, 2017–2028
8.2.1. Health Risk Assessment
8.2.2. Fitness
8.2.3. Smoking Cessation
8.2.4. Health Screening
8.2.5. Weight Management
8.2.6. Nutrition
8.2.7. Others (stress management, disease management, vaccination, etc.)
8.3. Market Value & Volume Forecast, by Country, 2017–2028
8.3.1. U.S.
8.3.2. Canada
8.4. Market Attractiveness Analysis
8.4.1. By Service Type
8.4.2. By Country
9. Europe Corporate Wellness Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value & Volume Forecast, by Service Type, 2017–2028
9.2.1. Health Risk Assessment
9.2.2. Fitness
9.2.3. Smoking Cessation
9.2.4. Health Screening
9.2.5. Weight Management
9.2.6. Nutrition
9.2.7. Others (stress management, disease management, vaccination, etc.)
9.3. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Market Attractiveness Analysis
9.4.1. By Service Type
9.4.2. By Country/Sub-region
10. Asia Pacific Corporate Wellness Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value & Volume Forecast, by Service Type, 2017–2028
10.2.1. Health Risk Assessment
10.2.2. Fitness
10.2.3. Smoking Cessation
10.2.4. Health Screening
10.2.5. Weight Management
10.2.6. Nutrition
10.2.7. Others (stress management, disease management, vaccination, etc.)
10.3. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Australia & New Zealand
10.3.5. Rest of Asia Pacific
10.4. Market Attractiveness Analysis
10.4.1. By Service Type
10.4.2. By Country/Sub-region
11. Latin America Corporate Wellness Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value & Volume Forecast, by Service Type, 2017–2028
11.2.1. Health Risk Assessment
11.2.2. Fitness
11.2.3. Smoking Cessation
11.2.4. Health Screening
11.2.5. Weight Management
11.2.6. Nutrition
11.2.7. Others (stress management, disease management, vaccination, etc.)
11.3. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Rest of Latin America
11.4. Market Attractiveness Analysis
11.4.1. By Service Type
11.4.2. By Country/Sub-region
12. Middle East & Africa Corporate Wellness Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value & Volume Forecast, by Service Type, 2017–2028
12.2.1. Health Risk Assessment
12.2.2. Fitness
12.2.3. Smoking Cessation
12.2.4. Health Screening
12.2.5. Weight Management
12.2.6. Nutrition
12.2.7. Others (stress management, disease management, vaccination, etc.)
12.3. Market Value & Volume Forecast, by Country/Sub-region, 2017–2028
12.3.1. GCC Countries
12.3.2. South Africa
12.3.3. Rest of Middle East & Africa
12.4. Market Attractiveness Analysis
12.4.1. By Service Type
12.4.2. By Country/Sub-region
13. Competition Landscape
13.1. Market Player – Competition Matrix (By Tier and Size of companies)
13.2. Market Share Analysis By Company (2020)
13.3. Market Footprint Analysis
13.3.1. By Region
13.3.2. By Service Type
13.4. Competitive Business Strategies
13.5. Company Profiles
13.5.1. EXOS
13.5.1.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.1.2. Product Portfolio
13.5.1.3. SWOT Analysis
13.5.1.4. Strategic Overview
13.5.2. ProvantHealth (Hooper Holmes, Inc.)
13.5.2.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.2.2. Product Portfolio
13.5.2.3. SWOT Analysis
13.5.2.4. Strategic Overview
13.5.3. Wellness Corporate Solutions
13.5.3.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.3.2. Product Portfolio
13.5.3.3. SWOT Analysis
13.5.3.4. Strategic Overview
13.5.4. ComPsych Corporation
13.5.4.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.4.2. Product Portfolio
13.5.4.3. SWOT Analysis
13.5.4.4. Strategic Overview
13.5.5. Optum, Inc. (United Health Group)
13.5.5.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.5.2. Product Portfolio
13.5.5.3. SWOT Analysis
13.5.5.4. Strategic Overview
13.5.6. Sodexo
13.5.6.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.6.2. Product Portfolio
13.5.6.3. SWOT Analysis
13.5.6.4. Strategic Overview
13.5.7. BupaWellness Pty Ltd. (BupaGroup)
13.5.7.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.7.2. Product Portfolio
13.5.7.3. SWOT Analysis
13.5.7.4. Strategic Overview
13.5.8. JLT Australia (RecovreGroup)
13.5.8.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.8.2. Product Portfolio
13.5.8.3. SWOT Analysis
13.5.8.4. Strategic Overview
13.5.9. Central Corporate Wellness
13.5.9.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.9.2. Product Portfolio
13.5.9.3. SWOT Analysis
13.5.9.4. Strategic Overview
13.5.10. Truworth Wellness
13.5.10.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.10.2. Product Portfolio
13.5.10.3. SWOT Analysis
13.5.10.4. Strategic Overview
13.5.11. CXA Group Pte. Limited
13.5.11.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.11.2. Product Portfolio
13.5.11.3. SWOT Analysis
13.5.11.4. Strategic Overview
13.5.12. SOL Wellness
13.5.12.1. Company Overview (HQ, Business Segments, Employee Strength)
13.5.12.2. Product Portfolio
13.5.12.3. SWOT Analysis
13.5.12.4. Strategic Overview
List of Tables
Table 01: Global Corporate Wellness Market Size (US$ Mn) Forecast, by Service Type, 2021–2028
Table 02: Global Corporate Wellness Market Revenue (US$ Mn) Forecast, by Region, 2021–2028
Table 03: North America Corporate Wellness Market Size (US$ Mn) Forecast, by Country, 2021–2028
Table 04: North America Corporate Wellness Market Size (US$ Mn) Forecast, by Service Type, 2021–2028
Table 05: Europe Corporate Wellness Market Size (US$ Mn) Forecast, by Country/Sub-region, 2021–2028
Table 06: Europe Corporate Wellness Market Size (US$ Mn) Forecast, by Service Type, 2021–2028
Table 07: Asia Pacific Corporate Wellness Market Size (US$ Mn) Forecast, by Country /Sub-region, 2021–2028
Table 08: Asia Pacific Corporate Wellness Market Size (US$ Mn) Forecast, by Service Type, 2021–2028
Table 09: Latin America Corporate Wellness Market Size (US$ Mn) Forecast, by Country/Sub-region, 2021–2028
Table 10: Latin America Corporate Wellness Market Size (US$ Mn) Forecast, by Service Type, 2021–2028
Table 11: Middle East & Africa Corporate Wellness Market Size (US$ Mn) Forecast, by Country/Sub-Region, 2021–2028
Table 12: Middle East & Africa Corporate Wellness Market Size (US$ Mn) Forecast, by Service Type, 2021–2028
List of Figures
Figure 01: Global Corporate Wellness Market Snapshot
Figure 02: Global Corporate Wellness Market Size (US$ Mn) Forecast, 2017–2028
Figure 03: Global Corporate Wellness Market Value Share Analysis, by Service Type, 2020 and 2028
Figure 04: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Health Risk Assessment, 2017–2028
Figure 05: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Fitness, 2017–2028
Figure 06: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Smoking Cessation, 2017–2028
Figure 07: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Health Screening, 2017–2028
Figure 08: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Weight Management, 2017–2028
Figure 09: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Nutrition, 2017–2028
Figure 10: Global Corporate Wellness Market Value (US$ Mn) and Y-o-Y Growth, by Others, 2017–2028
Figure 11: Global Corporate Wellness Market Attractiveness Analysis, by Service Type, 2017–2028
Figure 12: Global Corporate Wellness Market Value Share, by Region, 2020 and 2028
Figure 13: Global Corporate Wellness Market Attractiveness Analysis, by Region, 2017–2028
Figure 14: North America Corporate Wellness Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2028
Figure 15: North America Corporate Wellness Market Value Share, by Country, 2020 and 2028
Figure 16: North America Corporate Wellness Market Value Share, by Service Type, 2020 and 2028
Figure 17: North America Corporate Wellness Market Attractiveness Analysis, by Service Type, 2021-2028
Figure 18: North America Corporate Wellness Market Attractiveness Analysis, by Country, 2021-2028
Figure 19: Europe Corporate Wellness Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2028
Figure 20: Europe Corporate Wellness Market Value Share, by Country/Sub-region, 2020 and 2028
Figure 21: Europe Corporate Wellness Market Value Share, by Service Type, 2020 and 2028
Figure 22: Europe Corporate Wellness Market Attractiveness Analysis, by Service Type, 2021-2028
Figure 23: Europe Corporate Wellness Market Attractiveness Analysis, by Country/Sub-region, 2021-2028
Figure 24: Asia Pacific Corporate Wellness Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2028
Figure 25: Asia Pacific Corporate Wellness Market Value Share, by Country /Sub-region, 2020 and 2028
Figure 26: Asia Pacific Corporate Wellness Market Value Share, by Service Type, 2020 and 2028
Figure 27: Asia Pacific Corporate Wellness Market Attractiveness Analysis, by Service Type, 2021-2028
Figure 28: Asia Pacific Corporate Wellness Market Attractiveness Analysis, by Country/Sub-region, 2021-2028
Figure 29: Latin America Corporate Wellness Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2028
Figure 30: Latin America Corporate Wellness Market Value Share, by Country/Sub-region, 2020 and 2028
Figure 31: Latin America Corporate Wellness Market Value Share, by Service Type, 2020 and 2028
Figure 32: Latin America Corporate Wellness Market Attractiveness Analysis, by Service Type, 2021-2028
Figure 33: Latin America Corporate Wellness Market Attractiveness Analysis, by Country/Sub-region, 2021-2028
Figure 34: Middle East & Africa Corporate Wellness Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2028
Figure 35: Middle East & Africa Corporate Wellness Market Value Share, by Country/Sub-Region, 2020 and 2028
Figure 36: Middle East & Africa Corporate Wellness Market Value Share, by Service Type, 2020 and 2028
Figure 37: Middle East & Africa Corporate Wellness Market Attractiveness Analysis, by Service Type, 2021-2028
Figure 38: Middle East & Africa Corporate Wellness Market Attractiveness Analysis, by Country/Sub-Region, 2021-2028
Figure 39: The U.S. Corporate Wellness Market Share Analysis, by Company, 2020 (Estimated)
Figure 40: Australia Corporate Wellness Market Share Analysis, by Company, 2020 (Estimated)
Figure 41: Spain Corporate Wellness Market Share Analysis, by Company, 2020 (Estimated)
Figure 42: Japan Corporate Wellness Market Share Analysis, by Company, 2020 (Estimated)
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*86 figures and 60 tables includes