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Workplace Wellness Market by Type (Weight Management & Fitness Services, Smoking Cessation Nutrition and Dietary Plan, Stress Management Services, and Health Screening), End User (Small-Size Private Organizations, Mid-Size Private Organizations, Large-Size Private Organizations, Public Sector, and Non-Governmental Organizations): Global Opportunity Analysis and Industry Forecast, 2019–2026

A05935
Pages: 169
Jan 2020 | 1937 Views
 
Author(s) : Kavita Joshi , Onkar Sumant
Tables: 75
Charts: 23
 

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The global workplace wellness market size was valued at $46.08 billion in 2018 and is expected to reach $74.00 billion by 2026, registering a CAGR of 6.1% from 2019 to 2026. Workplace wellness programs are a harmonized set of health promotion strategies that are executed at worksite and includes programs, policies, and certain benefits to the community designed to encourage health and safety of employees. Wellness program approaches certain policies and interferences that address multiple risk factors and health conditions and plan strategies that may influence multiple organization levels, including individual employee behavior change, organizational culture, and worksite environment. Workplace wellness programs are now being considered as an important integral part that combines individual and organizational level strategies and interventions to influence health.

Workplace Wellness Market

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Significant increase in prevalence of chronic diseases across the globe and adoption of sedentary lifestyle are the major factors that drive the market growth for workplace wellness. In addition, economic benefits offered by these programs and increasing awareness and implementation of wellness programs by employers further propels the workplace wellness market growth. However, huge cost for companies to adopt workplace wellness plans is anticipated to hamper the market growth. Moreover, significant focus by the public and private sector of developing economies toward improvement in health of their employees is predicted to create lucrative opportunities in the near future.

Global Workplace Wellness Market Segmentation

Based on workplace wellness market analysis the report is segmented on the basis of type and end user. By type, it is divided into weight management and fitness services, nutrition and dietary plan, stress management services, health screening and assessment, and smoking cessation. On the basis of end user, it is categorized into small-size private organizations, mid-size private organizations, large-size private organizations, public sector, and NGO. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Workplace Wellness Market
By Application

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Weight Management and Fitness Services is projected as one of the most lucrative segments.

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Type Segment Review

By type, the health screening and assessment segment dominated the workplace wellness market in 2018 and is anticipated to maintain its dominance during the forecast period. This is attributed to the increased adoption of these health screening and assessment programs by most employers worldwide to improve health fitness of their employees. In addition, health screening is mainly confined to test the major and most common body problems that affect any employee’s productivity. Most of these programs also offer various rewards for indulging in activities and meeting different health goals.  However, the stress management services segment is anticipated to grow at the fastest growth rate during the forecast period. This is attributed to the fact that stress can also give rise to insomnia, increase in drug abuse, and reduced work productivity. It has become a significantly increased concern for employers to help their workers manage stress and learn to deal with stringent timelines, that too without compromising health.

Workplace Wellness Market
By End User

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Mid-size companies is projected as one of the most lucrative segments.

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End User Segment Review

By end user, the large-size private organizations segment dominated the market in 2018 and is anticipated to maintain its dominance during the forecast period. This is attributed to the fact that large-size private organizations have more workforce strength. In addition, the maximum number of employee strength and the fact that large scale companies have more healthcare expenditure as compared to others contributes to the market growth of this segment. This segment is anticipated to grow at the fastest growth rate during the forecast period.

North America is projected to dominate the global workplace wellness market, due to the presence of major workplace wellness service providers and better healthcare and medical infrastructure. Moreover, rise in incidence of cancer and chronic diseases such as obesity, and diabetes propels the market growth in this region. In addition, presence of service providers and large-scale private organizations in this region contributes to the market growth. However, Canada is expected to grow at the highest rate during the forecast period, due to increase in adoption of such programs and plans by companies to manage health and stress of their employees. However, Asia-Pacific is anticipated to grow at the fastest growth rate during the forecast period, owing to the rise in stress related disorders such as anxiety and headache. The Asia-Pacific workplace wellness market is gaining popularity due to rise in medical expenditure growth rate in countries such as India and China, which has resulted in rise in demand for workplace wellness programs. The demand for workplace wellness programs in this region is mounting dynamically, specifically for health screening and assessment. Growth of the medical industry and significant increase in start-up and new organizations in this region significantly contributes toward the expansion of the market.

Workplace Wellness Market
By Region

2026
North America 
Europe
Asia-pacific
Lamea

North America region would exhibit the highest CAGR of 6.50% during 2019-2026.

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Comprehensive competitive analysis and profiles of major market players such as Wellness Workplace Solutions, ComPsych, FitLinxx, HealthifyMe, Truworth Wellness, Central Workplace Wellness, Marino Wellness, Privia Health, and Wellsource are provided in this report.

Key Benefits for Stakeholders:

  • The workplace wellness market share based on a comprehensive analysis of key developments in the workplace wellness industry.
  • The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the global workplace wellness market.
  • The study provides an in-depth analysis of the market trends to elucidate the imminent investment pockets.
  • The global workplace wellness market trends are studied from 2018 to 2026.
  • Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global workplace wellness market from 2019 to 2026 is provided to determine the market potential.

Key Market Segments:

By Type

  • Weight Management and Fitness Services 
  • Nutrition and Dietary Plan 
  • Stress Management Services 
  • Health Screening and Assessment
  • Smoking Cessation

By End-User

  • Large-size private organizations
  • Mid- size private organizations
  • Small- size private organizations
  • NGO
  • Public sector

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.1.1. Key Market Segments
3.1.2. Top investment pockets

3.2. Top player positioning, 2018
3.3. Porters five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Rise in prevalence of chronic diseases
3.4.1.2. Growth in awareness and implementation of wellness programs by employers

3.4.2. Restraints

3.4.2.1. Huge cost to the company

3.4.3. Opportunities

3.4.3.1. Untapped developing economies

CHAPTER 4: WORKPLACE WELLNESS MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Weight Management and Fitness Services

4.2.1. Key market trends and opportunities
4.2.2. Market size ad forecast
4.2.3. Market analysis, by country

4.3. Smoking cessation

4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. Nutrition and Dietary Plan

4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. Stress Management Services

4.5.1. Key market trends and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

4.6. Health Screening and Assessment

4.6.1. Key market trends and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country

CHAPTER 5: WORKPLACE WELLNESS MARKET, BY END USER

5.1. Overview

5.1.1. Market size and forecast

5.2. Small-size private organizations

5.2.1. Market size and forecast, by region
5.2.2. Market analysis, by country

5.3. Mid-size private organizations

5.3.1. Market size and forecast, by region
5.3.2. Market analysis, by country

5.4. Large-size private organizations

5.4.1. Market size and forecast, by region
5.4.2. Market analysis, by country

5.5. Public sector

5.5.1. Public sector market size and forecast
5.5.2. Market analysis, by country

5.6. Non-Governmental Organizations (NGOs)

5.6.1. Non-Governmental Organizations market size and forecast
5.6.2. Market analysis, by country

CHAPTER 6: WORKPLACE WELLNESS MARKET, BY REGION

6.1. Overview

6.1.1. Market size and forecast

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by country

6.2.2.1. U.S. workplace wellness market, by type
6.2.2.2. U.S. workplace wellness market, by end user
6.2.2.3. Canada workplace wellness market, by type
6.2.2.4. Canada workplace wellness market, by end user
6.2.2.5. Mexico workplace wellness market, by type
6.2.2.6. Mexico workplace wellness market, by end user

6.2.3. North America workplace wellness market, by type
6.2.4. North America workplace wellness market, by end user

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by country

6.3.2.1. Germany workplace wellness market, by type
6.3.2.2. Germany workplace wellness market, by end user
6.3.2.3. France workplace wellness market, by type
6.3.2.4. France workplace wellness market, by end user
6.3.2.5. UK workplace wellness market, by type
6.3.2.6. UK workplace wellness market, by end user
6.3.2.7. Italy workplace wellness market, by type
6.3.2.8. Italy workplace wellness market, by end user
6.3.2.9. Rest of Europe workplace wellness market, by type
6.3.2.10. Rest of Europe workplace wellness market, by end user

6.3.3. Europe Market size and forecast, by type
6.3.4. Market size and forecast, by end user

6.4. Asia-Pacific

6.4.1. Key market trends and opportunities
6.4.2. Market size and forecast, by country

6.4.2.1. Japan workplace wellness market, by type
6.4.2.2. Japan workplace wellness market, by end user
6.4.2.3. China workplace wellness market, by type
6.4.2.4. China workplace wellness market, by end user
6.4.2.5. Australia workplace wellness market, by type
6.4.2.6. Australia workplace wellness market, by end user
6.4.2.7. Rest of Asia-Pacific workplace wellness market, by type
6.4.2.8. Rest of Asia-Pacific workplace wellness market, by end user

6.4.3. Asia-Pacific Market size and forecast, by type
6.4.4. Market size and forecast, by end user

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by country

6.5.2.1. Brazil workplace wellness market, by type
6.5.2.2. Brazil workplace wellness market, by end user
6.5.2.3. Saudi Arabia workplace wellness market, by type
6.5.2.4. Saudi Arabia workplace wellness market, by end user
6.5.2.5. South Africa workplace wellness market, by type
6.5.2.6. South Africa workplace wellness market, by end user
6.5.2.7. Rest of LAMEA workplace wellness market, by type
6.5.2.8. Rest of LAMEA workplace wellness market, by end user

6.5.3. LAMEA Market size and forecast, by type
6.5.4. LAMEA Market size and forecast, by end user

CHAPTER 7: COMPANY PROFILES

7.1. EXOS

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments

7.2. ComPsych Corporation

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product Portfolio
7.2.5. Business performance

7.3. Discovery Holdings (Vitality Health Limited)

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance

7.4. Fitbit, Inc.

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments

7.5. HealthifyMe Wellness Private Limited

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance

7.6. Marino Wellness, LLC

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance

7.7. Leonard Green & Partners, L.P. (MDVIP)

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance

7.8. Marlin Equity Partners, LLC (Virgin Pulse, Inc.)

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance

7.9. Novant Health

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product Portfolio
7.9.5. Business performance

7.10. The Riverside Company (WorkStride)

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance

LIST OF TABLES

TABLE 01. GLOBAL WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026 ($BILLION)
TABLE 02. GLOBAL WEIGHT MANAGEMENT AND FITNESS SERVICES MARKET, BY REGION, 2018–2026 ($BILLION)
TABLE 03. GLOBAL WORKPLACE WELLNESS MARKET FOR SMOKING CESSATION MARKET, BY REGION, 2018–2026 ($BILLION)
TABLE 04. GLOBAL WORKPLACE WELLNESS MARKET FOR NUTRITION AND DIETARY PLAN MARKET, BY REGION, 2018–2026 ($BILLION)
TABLE 05. GLOBAL WORKPLACE WELLNESS MARKET FOR STRESS MANAGEMENT SERVICES, BY REGION, 2018–2026 ($BILLION)
TABLE 06. GLOBAL WORKPLACE WELLNESS MARKET FOR HEALTH SCREENING AND ASSESSMENT, BY REGION, 2018–2026 ($BILLION)
TABLE 07. GLOBAL WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026 ($BILLION)
TABLE 08. SMALL-SIZE PRIVATE ORGANIZATIONS, BY REGION, 2018–2026 ($BILLION)
TABLE 09. WORKPLACE WELLNESS MARKET FOR MID-SIZE PRIVATE ORGANIZATIONS, BY REGION, 2018–2026 ($BILLION)
TABLE 10. GLOBAL WORKWELLNESS WELLNESS MARKET, FOR LARGE-SIZE PRIVATE ORGANIZATIONS, BY REGION, 2018–2026 ($BILLION)
TABLE 11. GLOBAL WORKPLACE WELLNESS MARKET, FOR PUBLIC SECTOR BY REGION, 2018–2026 ($BILLION)
TABLE 12. GLOBAL WORKPLACE WELLNESS MARKET, FOR NGOS, BY REGION, 2018–2026 ($BILLION)
TABLE 13. WORKPLACE WELLNESS MARKET REVENUE, BY REGION, 2018–2026 ($BILLION)
TABLE 14. NORTH AMERICA WORKPLACE WELLNESS MARKET, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 15. U.S. WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 16. U.S. WORKPLACE WELLNESS MARKET, BY APPLICATION, 2018–2026
TABLE 17. CANADA. WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 18. CANADA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 19. MEXICO. WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 20. MEXICO. WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 21. NORTH AMERICA. WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 22. NORTH AMERICA. WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 23. EUROPE WORKPLACE WELLNESS MARKET, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 24. GERMANY WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 25. GERMANY WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 26. FRANCE WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 27. FRANCE WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 28. UK WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 29. UK WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 30. ITALY WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 31. ITALY WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 32. REST OF EUROPE WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 33. REST OF EUROPE WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 34. EUROPE WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026 ($BILLION)
TABLE 35. EUROPE WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026 ($BILLION)
TABLE 36. ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 37. JAPAN WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 38. JAPAN WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 39. CHINA WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 40. CHINA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 41. AUSTRALIA WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 42. AUSTRALIA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 43. REST OF ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 44. REST OF ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 45. ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026 ($BILLION)
TABLE 46. ASIA-PACIFIC WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026 ($BILLION)
TABLE 47. LAMEA WORKPLACE WELLNESS MARKET, BY COUNTRY, 2018–2026 ($BILLION)
TABLE 48. BRAZIL WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 49. BRAZIL WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 50. SAUDI ARABIA WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 51. SAUDI ARABIA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 52. SOUTH AFRICA WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 53. SOUTH AFRICA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 54. REST OF LAMEA WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026
TABLE 55. REST OF LAMEA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026
TABLE 56. LAMEA WORKPLACE WELLNESS MARKET, BY TYPE, 2018–2026 ($BILLION)
TABLE 57. LAMEA WORKPLACE WELLNESS MARKET, BY END USER, 2018–2026 ($BILLION)
TABLE 58. EXOS: COMPANY SNAPSHOT
TABLE 59. EXOS: PRODUCT PORTFOLIO
TABLE 60. COMPSYCH: COMPANY SNAPSHOT
TABLE 61. COMPSYCH: PRODUCT PORTFOLIO
TABLE 62. DISCOVERY: SNAPSHOT
TABLE 63. DISCOVERY: OPERATING SEGMENTS
TABLE 64. DISCOVERY: PRODUCT PORTFOLIO
TABLE 65. FITBIT: COMPANY SNAPSHOT
TABLE 66. FITBIT: PRODUCT PORTFOLIO
TABLE 67. HEALTHIFYME: COMPANY SNAPSHOT
TABLE 68. MARINO WELLNESS: COMPANY SNAPSHOT
TABLE 69. MARINO WELLNESS: PRODUCT PORTFOLIO
TABLE 70. LGP: COMPANY SNAPSHOT
TABLE 71. MARLIN: COMPANY SNAPSHOT
TABLE 72. NOVANT HEALTH: COMPANY SNAPSHOT
TABLE 73. NOVANT HEALTH: OPERATING SEGMENTS
TABLE 74. NOVANT HEALTH: PRODUCT PORTFOLIO
TABLE 75. RIVERSIDE: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 01. TOP INVESTMENT POCKETS
FIGURE 02. TOP PLAYER POSITIONING, 2018
FIGURE 03. BARGANING POWER OF BUYERS
FIGURE 04. BARGANING POWER OF SUPPLIERS
FIGURE 05. THREAT OF SUBSTITUTION
FIGURE 06. THREAT OF NEW ENTRANTS
FIGURE 07. COMPETITIVE RIVALRY
FIGURE 08. COMPARATIVE ANALYSIS OF WEIGHT MANAGEMENT AND FITNESS SERVICES MARKET, BY COUNTRY, 2018 & 2026
FIGURE 09. COMPARATIVE ANALYSIS OF WORKPLACE WELLNESS MARKET FOR SMOKING CESSATION MARKET, BY COUNTRY, 2018 & 2026
FIGURE 10. COMPARATIVE ANALYSIS OF WORKPLACE WELLNESS MARKET FOR NUTRITION AND DIETARY PLAN MARKET, BY COUNTRY, 2018 & 2026
FIGURE 11. COMPARATIVE ANALYSIS OF WORKPLACE WELLNESS MARKET FOR STRESS MANAGEMENT SERVICES, BY COUNTRY, 2018 & 2026
FIGURE 12. COMPARATIVE ANALYSIS OF WORKPLACE WELLNESS MARKET FOR HEALTH SCREENING AND ASSESSMENT, BY COUNTRY, 2018 & 2026
FIGURE 13. COMPARATIVE ANALYSIS OF SMALL-SIZE PRIVATE ORGANIZATIONS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 14. COMPARATIVE ANALYSIS OF WORKPLACE WELLNESS MARKET FOR MID-SIZE PRIVATE ORGANIZATIONS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 15. COMPARATIVE ANALYSIS OF LARGE-SIZE PRIVATE ORGANIZATIONS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 16. COMPARATIVE ANALYSIS OF GLOBAL WORKPLACE WELLNESS MARKET, FOR PUBLIC SECTOR, BY COUNTRY, 2018 & 2026 (%)
FIGURE 17. COMPARATIVE ANALYSIS OF GLOBAL WORKPLACE WELLNESS MARKET, FOR NGO, BY COUNTRY, 2018 & 2026 (%)
FIGURE 18. DISCOVERY: NET SALES, 2016–2018 ($MILLION)
FIGURE 19. DISCOVERY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 20. FITBIT: NET SALES, 2016–2018 ($MILLION)
FIGURE 21. FITBIT: NET SALES BY REGION, 2018 (%)
FIGURE 22. NOVANT HEALTH, 2016–2018 ($MILLION)
FIGURE 23. NOVANT HEALTH: NET SALES BY DIVISION, 2018 (%)

 
 

The adoption of workplace wellness by large-scale employers as well as small scale employers have augmented in recent years. Further, any worker’s well-being or fitness is a key factor in defining an organization’s long-term success. Many studies show a direct link between productivity levels and general health and well-being of the workforce. Various enterprises and organizations are gradually recognizing the significance to take well-being of their employers seriously. Small scale organizations have initiated to address well-being health issues as it is becoming clearer that many workplace problems draw from lack of commitment to the needs of their workers.

The workplace wellness market is anticipated to witness significant growth in the near future. The most adopted type of workplace wellness programs include health screening and assessment such as standard tests like total cholesterol, LDL, HDL, triglycerides, glucose, and body composition (BMI, waist circumference, body fat percentage). Moreover, steady increase in such programs are being included by developing economies, which further propels the market growth. Further, North America dominated the global market owing to the increased adoption of these devices by end users, presence of more large scale organizations, and awareness among employers toward maintaining the wellbeing of their employees.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The market vaule of global workplace wellness market was $46.08 million in 2018.

A. The forecast period is from 2019 to 2026.

A. The market value of global workplace wellness market in 2019 is $48.8 million.

A. The adoption of workplace wellness is expected to increase due to rise in various chronic diseases across the globe due to adoption of sedantary lifestyles and hectic workplace environment.

A. No, the report does not provides value chain analysis.

A. Introduction of various programs focused on stress managemnet, smoking ceasing and others.

A. Emerging countries of Asia-Pacific region are growing at a growth% of 5.8%. China, Australia, are expected grow at a CAGR of 6.1% and 6.5% respectively.

A. The North America market held a major share in the workplace wellness market in 2018 and is expected to continue the trend in the forecasting period.

 

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