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Global Corporate Wellness Market Outlook and Forecast Report 2018-2023: Market is Expected to Reach Values of Approximately $72 Billion - ResearchAndMarkets.com

November 27, 2018

DUBLIN--(BUSINESS WIRE)--Nov 27, 2018--The “Corporate Wellness Market - Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.

The global corporate wellness market is expected to reach values of approximately $72 billion by 2023, growing at a CAGR of more than 8% during 2017-2023.

The service providers are introducing mobile technology and websites that provide information ranging from in-network provider directories, medication prices, and information on plausible deductibles with therapeutic alternatives, provision of in-home monitoring, and alerts for taking medication as and when prescribed to gain new consumers.

The leading vendors are partnering with several other sectors such as mind-body, alternative medicine, fitness, and spa to offer the best options to the consumers in the market. The global corporate wellness market is driven by data integration from health savings accounts and CDHPs, where employees can better manage their healthcare savings. The influx of players from across technology, human capital, fitness, equipment, and architecture dimensions will result in a diverse range of offerings in the global market. The market research report provides in-depth market analysis and segmental analysis of the global corporate wellness market by the program, end-users, revenue model, delivery model, and geography.

The report considers the present scenario of the global corporate wellness market and its market dynamics for the period 2018-2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and several other prominent companies operating in the corporate wellness market.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of Study

4.4 Key Caveats

4.5 Inclusions

4.6 Exclusions

4.7 Currency Conversion

4.8 Market Derivation

5 Market at a Glance

6 Introduction

6.1 Overview

6.2 State Of Global Economy

6.3 Global Healthcare Sector: An Overview

6.3.1 Global Health: An Overview

6.4 Corporate Wellness

6.4.1 Employer-Employee Paradigm

6.4.2 Success Factors for Wellness Programs

6.4.3 Overview Of Corporate Wellness

6.5 Business Model

6.6 Pillars of Corporate Wellness

6.6.1 Overall Wellness (No risk to low risk)

6.6.2 Risk Reduction (At risk to medium risk)

6.6.3 Chronic Condition Management (High risk)

6.7 Lifecycle Stage of Corporate Wellness Market

6.8 Supply chain

6.9 Growth Prospects

6.9.1 Time Off

6.9.2 Morale Boosters

6.9.3 Healthy Cafeteria/Vending Options

6.9.4 Foster Relationships

6.9.5 Flexible Hours/ Work from Home

6.1 Pulse of the Workforce

6.11 Employee Behavior Insights

6.11.1 Millennials

6.11.2 Generation X

6.11.3 Baby Boomers

6.11.4 Media Consumption across Generations

6.11.5 Multi-generational Workplace

7 Key Decision Influencers In Corporate Wellness

7.1 Technology Companies

7.1.1 Wearable Devices

7.2 Architecture Firms

7.3 Fitness Companies

7.4 Benefits consultants

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 An Entitlement Culture Sweeps Workforce

8.1.2 Evolution of Value Proposition

8.1.3 Longer Work Days and Weeks

8.1.4 Broad Shift in Wellness Perspective

8.1.5 Corporate Wellness Programs fill in for Limiting Healthcare Systems

8.2 Market Growth Restraints

8.2.1 A Singular Approach to Wellness

8.2.2 Random Acts of Wellness

8.2.3 Lack of Attention to Expectations

8.2.4 Constant Struggle for Employee Engagement and Participation

8.2.5 Perceived Expensiveness of Wellness Programs

8.2.6 Wariness Regarding Misuse of Data

8.2.7 Counterproductive to Employee Health

8.2.8 Increased Sense of Anxiety

8.3 Market Opportunities and Trends

8.3.1 Workplace to Workforce

8.3.2 From Cookie Cutter to Total Culture

8.3.3 Increased Incorporation of Incentives

8.3.4 Data Analytics Increasingly Powering Wellness

8.3.5 Growing Reign of Artificial Intelligence

8.3.6 Extension of Wellness Programs to Family

9 Global Corporate Wellness Market

9.1 Market Size & Forecast

9.2 Porter’s Five Forces Analysis

9.2.1 Threat of New Entrants

9.2.2 Bargaining Power of Suppliers

9.2.3 Bargaining Power of Buyers

9.2.4 Threat of Substitutes

9.2.5 Competitive Rivalry

10 By Programs

10.1 Market Overview

10.2 Corporate Health and RISK Assessment (HRA)

10.3 Corporate Nutrition and Weight Management

10.4 Corporate smoking cessation

10.5 Corporate Fitness Services

10.6 Corporate Alcohol and Drug Rehab

10.7 Corporate Stress Management

10.8 Corporate Health Education Services

10.9 Other Corporate wellness services market

11 By End-User

11.1 Market Overview

11.2 Large Private Sector Businesses

11.3 Medium Private Sector Businesses

11.4 Public Sector Companies

11.5 Small Private Sector Businesses

11.6 Non-profit Organizations

12 By Revenue Model

12.1

12.2 Recurring Revenue Model

12.3 Seasonal Revenues Model

13 By Delivery Model

13.1 Market Overview

13.2 Onsite

13.3 Offsite

14 By Geography

Key Company Profiles

Compsych Wellness Corporate Solutions Virgin Pulse Provant Health Solutions Sodexo

Other Prominent Vendors

Active Wellness Aquila BaySport Beacon Health Options Ceridian Corporate Fitness Works HealthFitness Healthtrax Health Systems Group Integrated Wellness Partners Kinema Fitness LifeStart LIVunLtd Professional Fitness Management Power Wellness Reach Fitness Marino Wellness Midtown Athletic Club NIFS OptumHealth Privia Health Premise Health WTS International Vitality Group Well Sourced Wisdom Works Group Workstride

For more information about this report visit https://www.researchandmarkets.com/research/9tbc8l/global_corporate?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181127005432/en/

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SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/27/2018 06:52 AM/DISC: 11/27/2018 06:52 AM

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