DUBLIN--(BUSINESS WIRE)--The "North America Corporate Wellness Market- Market Size & Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The North America Corporate Wellness market in the COVID-19 period has been estimated to value USD 8,566.0 million in 2021 and is projected to reach USD 15,019.3 million by 2030 at a CAGR of 6.4% during the forecast period.
Companies Mentioned
- Apple Inc
- Alphabet Inc
- Google LLC
- Cigna
- Quest Diagnostics
- Beacon Health Options
- Privia Health
- Aduro Inc
- Well Nation
- Compsych Corporation
- Wellness Corporate Soultions
- Wellright Inc
- Virgin Pulse
- Marino Wellness
- Vitality Group
However, without the COVID-19 impact, the North America corporate wellness markets was estimated to value at USD 8,541.4 million in 2021 and reach USD 14,639.1 million by 2030 at a CAGR of 6.2% during the forecast period.
The presence of major players in the region such as Apple Inc., Google LLC., Cigna, Quest Diagnostics, and Virgin Pulse in the region is also expected to drive the growth of the market during the forecast period. The corporate wellness service providers offer employee wellbeing services such as health risk assessment services, smoking cessation programs, dental checkups, health screening, nutrition and weight management services, stress management, chronic disease management services for their employee.
Increasing prevalence of chronic conditions and mental health issues is also the major factor driving the market growth. Chronic diseases like arthritis, cancer, cardiovascular diseases are the most common health problems in North America. Companies are now using various workplace wellness programs for the employees to track and monitor the employee health. Psychological disorder management programs are also organized for employees in the companies to handle issues such as anxiety disorder and work-related stress etc. to improve the mental wellbeing of employees so that they can work efficiently in the workplace.
This research report categorizes the market for corporate wellness based on various segments and region and forecasts revenue growth and analysis of trends in each of the submarkets. The report analyses the key growth drivers, opportunities and challenges which influence the corporate wellness market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger and acquisition have been included in order to draw the competitive landscape in the corporate wellness market. The report strategically identifies and profiles the key market players and analyses their core competencies in each segment such as source and application of the corporate wellness market.
Key Topics Covered:
1. Market Abstract
2. Market Introduction
2.1. Market Scope
2.2. Key Definitions-Content
2.2.1. Wellness
2.2.2. Corporate Wellness Programs
2.2.3. Health Coaching
2.2.4. Biometric Screening
2.2.5. Health Risk Assessment (Hra)
3. Qmi Research Practice
3.1. Research Practice
3.1.1. Country Level Analysis
3.1.2. Supply Based Analysis
3.1.3. Demand Based Analysis
3.1.4. Triangulation
3.2. Primary Data
3.3. Secondary Data
3.4. Market Evaluation & Forecasting Methodology
3.5. Assumptions/ Limitations for the Study
3.6. What this Study Provides
3.7. Key Questions Answered by this Report
3.8. This Study is Intended for
4. Key Related Data
4.1. Key Industry Trends
4.1.1. Chronic Diseases and Workplace Wellness Programs
4.1.2. Health Risk Assessment
4.1.3. Biometric Screening
4.1.4. Nutrition -Based Type of Disorder Management
4.1.5. Psychological Disorder Managment
4.2. Technological Advancements
4.3. Guidelines & Regulations
4.3.1. 2006 Regulations and Phs (Public Health Service) Act Section 2705 (J)
4.3.2. Affordable Care Act Section (1201)
4.3.3. Section 2590.702 Prohibting Discrimination Against Participants and Beneficiaries Based on Health Factor
4.4. Covid- 19 Impact on North America Corporate Wellness Market
5. Impact Factor Analysis
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing Adoption of Corporate Wellness Programs by Employers
5.1.1.2. Rising Prevalence of Chronic Conditions and Mental Health Issues
5.1.2. Restraints
5.1.2.1. Slow Adoption of Wellness Programs/Lack of Awareness
5.1.2.2. Scarcity of Competent and Accredited Professionals to Help Companies With Their Wellness Programs
5.1.3. Opportunities
5.1.3.1. Rising Prevalence of Health Disorders
5.1.3.2. Increasing Number of Countries With Large Working Populations
5.1.4. Challenges
5.1.4.1. Low Employee Engagement in Internal Wellness Programs
5.2. Porter's Five Forces Model
6. Market Development Analysis
6.1. Overview
6.2. New Product Development (2015-2021)
6.3. Partnerships/Agreements/Collaborations/ Expansion (2015-2021)
6.4. Mergers & Acquisitions (2015-2021)
7. Corporate Wellness Market, by Service
8. Corporate Wellness Market, by Category
9. Corporate Wellness Market, by Delivery Mode
10. Corporate Wellness Market, by End Use
11. Corporate Wellness Market, Country Analysis
12. Competitive Intelligence
13. Company Profiles
14. Additional Customization: Employee Assistance Program
15. Employee Assistance Program (Eap) Market by Organization Size
16. Employee Assistance Program, by Industry
17. Appendix
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