Workplace Wellness Market It is expected to reach USD 66.20 Billion by 2027, registering a CAGR of 5.9% from 2020 to 2027.
PORTLAND, OREGON, USA, September 11, 2022 /EINPresswire.com/ — According to a new report from Allied Market Research, “Well-being at work market By Type and End User: Opportunity Analysis and Industry Forecast, 2020-2027”, the global Workplace Wellness Market was valued at $49.81 billion in 2019 and it is projected to reach $66.20 billion. dollars by 2027, registering a CAGR of 5.9% from 2020 to 2027.
Wellness programs address policies and interventions that address multiple risk factors and health conditions and plan to influence multiple levels of the organization, including employee behavior change, organizational culture, and workplace climate. work.
Wellbeing at work is segmented based on type, end user, and region. By type, it is segmented into weight management and fitness services, nutrition and diet plans, stress management services, health screening and assessment, and smoking cessation. Based on the end user, it is categorized into large private organizations, medium private organizations, small private organizations, public sector and NGOs.
The significant increase in the prevalence of chronic diseases globally and the adoption of a sedentary lifestyle are the major factors driving the growth of the workplace wellness market. Additionally, the financial benefits offered by these programs and the increasing awareness and implementation of wellness programs by employers are driving the growth of the workplace wellness market.
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
This report provides in-depth competitive analysis and profiles of key market players such as Fitbit, Novant Health, EXOS, Virgin Pulse, Vitality Health, ComPsych, HealthifyMe, MDVIP, Marino Wellness, WorkStride. Some of the other players considered are FitLinxx, Trueworth Wellness, Central Workplace Wellness Workplace Solutions, Previa Health, and Wellsource.
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