Corporate Wellness Solution Market: Research Strategies with Share Analysis, Top Key Players with Opportunities Forecast to 2027

As per UnivDatos Market Insights, Corporate Wellness Solution Market was valued at US$ XX million in 2020 and is expected to reach US$ XX million by 2027, registering a CAGR of XX% during the forecast period (2021-2027).

The surge in the Corporate Wellness Solution Market due to the enhanced uptake of technology-powered corporate wellness solutions, increasing adoption of corporate wellness programs by employers, and the significant burden of mental health and chronic lifestyle diseases in the organizations. As per the survey conducted by the Household Pulse Survey, on the social and economic impacts of COVID-19 on 60,000 American households regarding their mental health between December 9 and 21, there were 42.4% symptoms of anxiety or depressive disorder.

The report “Corporate Wellness Solution Market: Current Analysis and Forecast (2020-2027)” by UnivDatos Market Insights deliver a comprehensive analysis of the Service offerings, Category, Delivery Model, End-user, and Region.

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Based on Category, the Organizations segment is expected to show the fastest growth in the upcoming years owing to the availability of in-house and outsourced health management services in small scale, as well as large scale organizations. The uptick in the development of corporate wellness software for Small scale organizations is leading to high segment growth. The Vantage Fit app packs in various features like step count, nutrition tracker, calorie counter as well as it can also track many other activities like running, etc. The app is available for both iOS and Android platforms where employers can run their own customized employee health campaigns and incentivize the employees. An engaging corporate wellness program that brings benefits throughout the organizations worldwide.

Based on End-user, the market is fragmented into Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations, and Others. The large-scale organizations dominated the end-use segment in 2020 and are anticipated to register the highest CAGR in the upcoming period. The rise in the prevalence of cigarette smoking is causing a burden on the health of employees working in any organization. Numerous smoking cessation programs have been developed to make the employees quit smoking. For instance, American Lung Association's highly effective smoking cessation program is used by employers, hospitals, health plans, and other organizations to help individuals quit smoking. When combined with smoking cessation medications, up to 57% of participants report quitting smoking by the end of the program.

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Market Segmentation:

1.????By Service Offerings (Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management, and Others)

2.????By Category (Fitness & Nutrition Consultants, Psychological Therapists, and Organizations/Employers)

3.????By Delivery Model (Onsite and Offsite)

4.????By End-user (Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations, and Others)

5.????By Region (North America, Europe, Asia-Pacific, Rest of the World)

6.????By Company (CVS Health Corporation, Wellness Corporate Solutions, Virgin Pulse, Provant Health Solutions, EXOS, Marino Wellness, Privia Health, Vitality Group, Wellsource, Inc., and Central Corporate Wellness)

Key questions answered in the study:

1.????What are the current and future trends of the Corporate Wellness Solution industry?

2.????How the industry has been evolving in terms of end-user demand and application areas?

3.????How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.????What are the key growth drivers and challenges for the Corporate Wellness Solution industry?

5.????What are the customer orientation, purchase behavior, and expectations from the Corporate Wellness Solution firms across various regions??