Global Wellness Institute

The Global Wellness Institute's (GWI’s) research team released the?2024 Global Wellness Economy Monitor?at the 2024 Global Wellness Summit in St Andrews, Scotland, revealing a robust $6.3T global wellness economy. GWI is recognized as the authoritative source for research on the global wellness economy, being the only organization that produces market data and analysis for all eleven wellness sectors and for over 200 countries worldwide. Join us for this free webinar where you will hear directly from the GWI Research Fellows to learn the key highlights and insights from their most recent report. Register to join live or to access the recording after the event.

These are the numbers to know if you are in the wellness industry in any way. And there is value in understanding the 11 sectors that make up the global wellness economy. Thank you to our senior research fellows, Ophelia Yeung and Katherine Johnston for these reliable figures and advocating for this data to continpue to be available to everyone without cost. A huge thaonks to the approximately 20 companies this year whose sponsorships make this valuable data accessible to all. .

Mindfulness meditation, used for pain management in various cultures for centuries, has long been thought to work by activating the placebo response. However, a 2024 study from University of California San Diego School of Medicine researchers showed that this appears not to be the case: the practice engages separate neural pathways from the well-documented “placebo effect.” The researchers used advanced brain imaging techniques to compare the pain-reducing effects of mindfulness meditation, a placebo cream, and a “sham” mindfulness meditation (deep breathing). Findings: mindfulness meditation produced significant reductions in pain intensity and unpleasantness ratings, and also reduced brain activity patterns associated with pain and negative emotions. https://hubs.li/Q02YZS4T0 #MindfulnessMatters #RealPainRelief #BeyondPlacebo #MeditationScience

Join us for a compelling 60-minute webinar featuring?Sara Livia Brightwood?and?Martin Goebel, who will share transformative insights from their work in regenerative real estate development aimed at enhancing community well-being and individual wellness. Hosted by?Amy McDonald, this session will delve into effective strategies for fostering health, wellness, resilience, and sustainability in community planning and development.

The Global Wellness Institute released new data on the Kingdom of Saudi Arabia’s $19.8 billion wellness economy. The report examines the numbers that make Saudi Arabia’s wellness economy one of the fastest-growing wellness markets in the Middle East and North Africa (MENA) region, with wellness tourism alone boasting an average annual growth rate of 66% (2020-2022). The new report is available on GWI’s Geography of Wellness (GOW) platform thanks to a partnership with Red Sea Global (RSG), a vertically integrated real estate developer with a diverse portfolio that includes luxury regenerative tourism destinations in Saudi Arabia, like The Red Sea and AMAALA. https://hubs.li/Q02Y7Mdc0 #globalwellnessinstitute #research #saudiarabia #wellnesstourism

Excellent coverage of breaking news presented at the Global Wellness Summit by research fellows from the Global Wellness Institute. Thank you Spa Business!

Breaking news: latest Global Wellness Institute research reveals global wellness economy is now worth $6.3 trillion. The brand new Global Wellness Economy Monitor 2024 report, released today at the Global Wellness Summit, reveals the global wellness economy has reached 5.9% annual growth and is set to be worth $9 trillion by 2028. Read the full story about the impressive growth of the wellness industry in the past 12 months here: https://lnkd.in/ewQ7NKUD Sarah Camilleri Mark Smith Wendy Wood (Golledge) Beth McGroarty Susie Ellis Cassandra Cavanah NANCY DAVIS #globalwellness #globallwellnesssummit #wellnesseconomy #2024GWS #wellness #kohler

With relentless momentum, the global wellness economy is now worth 26% more than it was pre-pandemic. The wellness industry is now roughly 4 times larger than the global pharmaceutical industry ($1.6 trillion) and nearly 60% as big as all consumer health expenditures ($10.6 trillion). Global Wellness Institute Global Wellness Summit Full press release and new research download available here: https://bit.ly/4ffnqvR #wellness #spa #hospitality #wellnesseconomy #economy #medicine #health #pharmaceuticalindustry #wellnessindustry #spaindustry #hospitalityindustry

Today at the 18th annual Global Wellness Summit convening in St Andrews, Scotland, the Global Wellness Institute (GWI) revealed new research on a wellness market with relentless momentum, worth 26% more than it was pre-pandemic. The wellness industry is now roughly 4 times larger than the global pharmaceutical industry ($1.6 trillion) and nearly 60% as big as all consumer health expenditures ($10.6 trillion). GWI forecasts that from 2023 to 2028, the annual growth rate for the wellness economy will be 7.3%, higher than last decade's growth rate of 6.5% and substantially higher than the projected global GDP growth rate of 4.8%. The projected growth leaders through 2028 are:1) wellness real estate (15.8%), 2) mental wellness (12.2%), 3) wellness tourism (10.2%), 4) thermal & mineral springs (9.2%), and 5) healthy eating, nutrition & weight loss (6.4%). The wellness real estate and mental wellness markets will roughly double by 2028. https://hubs.li/Q02WYYGD0

On November 5, at the Global Wellness Summit in St Andrews, Scotland, GWI researchers will unveil the?2024 Global Wellness Economy Monitor. This 100-plus page report, packed with numbers and insights, provides the new size of the world wellness market (and all of its 11 wellness sectors), has detailed regional and national data, gives industry and sector projections through 2028, and also compares the size of the wellness economy to other major industries, including consumer healthcare spend,?pharma,?IT, sports, and the green economy. Explore past editions of the Global Wellness Economy Monitor Reports and on November 5th download your free copy! https://hubs.li/Q02VLRlT0 #WellnessEconomy #GlobalWellnessSummit #2024WellnessReport #WellnessIndustry #MarketTrends #WellnessSectors #HealthEconomy #GlobalWellness #IndustryResearch #EconomicInsights #WellnessMarket #WellnessTrends #HealthAndWellness #Wellness