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US Corporate Wellness Market Size to Reach Revenues of USD 19 Billion by 2026 – Arizton

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US Corporate Wellness Market Size to Reach Revenues of USD 19 Billion by 2026 – Arizton

January 06
17:15 2021

The US corporate wellness market by revenue is expected to grow at a CAGR of over 9% during the period 2021–2026.

 

The outbreak of the COVID-19 pandemic in the US has infused high stimulus into the US corporate wellness market. With the workforce population largely affected by one or more chronic diseases or other comorbidities, it warranted supporting their health and wellbeing. It set high expectations from employers, driving companies to proactively manage population health with their programs. While businesses have found ways to protect their employees physically – providing tech support to aid with the social distancing to introducing new leave policies – the disruption caused by the virus in terms of mental health is expected to continue.

 

The following factors are likely to contribute to the growth of the US corporate wellness market during the forecast period:

  • Increased Role of Wellness Champions
  • Data Analytics Powering Wellness Programs
  • Use of Technology to Improve Outcomes
  • Reigns of Artificial Intelligence

The study considers the present scenario of the US corporate wellness market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

 

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US Corporate Wellness Market – Vendor Profiles

 

Prominent Vendors

  • COMPSYCH
  • Doterra
  • Wellness Corporate Solutions
  • Virgin Pulse
  • Provant Health Solutions

 

Other Prominent Vendors

  • Active Wellness
  • Aduro
  • Alyfe Wellbeing Strategies
  • BSDI
  • American Specialty Health
  • Aquila
  • AYCO
  • Bank of America Merrill Lynch
  • BaySport
  • Beacon Health Options
  • Best Money Moves
  • Castlight Health
  • Ceridian
  • Corporate Fitness Works
  • Elite Wellness
  • Exos
  • Fidelity Investments
  • Financial Finesse
  • HealthCheck360
  • HealthFitness
  • Healthtrax
  • Integrated Wellness Partners
  • Kareila Health
  • Kinema Fitness
  • Kersh Health
  • LifeDojo
  • LifeStart
  • LIVunLtd
  • Professional Fitness Management
  • Power Wellness
  • Reach Fitness
  • Marino Wellness
  • Marathon Health
  • Mercer
  • Money Starts Here
  • Midtown Athletic Club
  • The National Institute for Fitness and Sport (NIFS)
  • OptumHealth
  • Orriant
  • PayActiv
  • Privia Health
  • Premise Health
  • Prudential Financial
  • Ramsey Solutions
  • StayWell
  • Sonic Boom Wellness
  • WTS International
  • Vantage Circle
  • Vitality Group
  • Wellsource
  • WellSteps
  • Wisdom Works Group
  • Workstride
  • Woliba
  • Wellable
  • Sprout
  • Wellness Coaches USA
  • PDHI
  • Novant Health
  • Sum180
  • Transamerica

 

US Corporate Wellness Market – Segmentation

 

Programs

  • Health and Risk Assessment (HRA)
  • Nutrition and Weight Management
  • Smoking Cessation
  • Fitness Services
  • Alcohol and Drug Rehab
  • Stress Management
  • Health Education Services
  • Financial Wellness
  • Others

End-user

  • Large Private Sector Businesses
  • Medium Private Sector Businesses
  • Public Sector Companies
  • Small Private Sector Businesses
  • Non-profit Organizations

Revenue Model

  • Recurring
  • Seasonal

Delivery Model

  • Onsite
  • Offsite

Incentive Program

  • Participatory Programs
  • Health-contingent Programs

Type

  • Services
  • Technology

Industry

  • Media and Technology
  • Healthcare
  • Financial Services
  • Manufacturing
  • Retail
  • Others

Geography

US

 

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US Corporate Wellness Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope Of The Study

4.3.1      Market Segmentation By Programs

4.3.2      Market Segmentation By End-User

4.3.3      Market Segmentation By Revenue Model

4.3.4      Market Segmentation By Delivery Model

4.3.5      Market Segmentation By Incentive Program

4.3.6      Market Segmentation By Type

4.3.7      Market Segmentation By Industry

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market At A Glance

7              Introduction

7.1          Overview

7.2          State Of US Economy

7.2.1      Corporate Profits

7.3          State Of US Healthcare

7.3.1      Wellbeing In US By State

7.4          Overview Of Corporate Wellness

7.4.1      Planning Guidelines For Wellness Programs

7.4.2      Success Factors For Wellness Programs

7.5          Vendor And Employer Rights, Obligations, And Pricing Models

7.6          Regulatory Framework

7.6.1      Hipaa

7.6.2      Eeoc

7.6.3      Other Regulatory Considerations For Wellness Program Vendors

7.6.4      Business Model

7.6.5      Pillars Of Corporate Wellness

7.7          Lifecycle Stage Of Corporate Wellness Market In Us

7.8          Supply Chain

7.9          Growth Prospects

7.9.1      Time Off

7.9.2      Morale Boosters

7.9.3      Healthy Cafeteria/Vending Options

7.9.4      Foster Relationships

7.9.5      Flexible Hours/Work From Home

7.9.6      Reduce Complexity

7.9.7      Encourage Trial Runs

7.9.8      Authentic Messaging

7.9.9      Facilitate Discernibility

7.10        Pulse Of American Workforce

7.11        Employee Behavior Insights

7.11.1    Millennials

7.11.2    Generation X

7.11.3    Baby Boomers

7.11.4    Media Consumption Across Generations

7.12        Factors Influencing Demand: Healthy Eating Index

7.13        Factors Influencing Decision Making

7.14        Key Decision Influencers

7.14.1    Technology Companies

7.14.2    Fitness Companies

7.14.3    Benefits Consultants

7.14.4    Architecture Firms

 

8              Market Opportunities & Trends

8.1          Growing Role Of Wellness Champions

8.2          Data Analytics Increasingly Powering Wellness

8.3          Use Of Technology To Improve Outcomes

8.4          Growing Reign Of Artificial Intelligence

8.5          Extension Of Wellness Programs To Families

8.6          Offering Various Solutions Under One Roof

8.7          Incorporation Of Social Connectedness

 

9              Market Growth Enablers

9.1          Improving Employee Wellbeing During Covid-19

9.2          Growth In Individualized Self-Care

9.3          Rise Of Information Economy

9.4          Evolution Of Value Proposition

9.5          Increase In Number Of Working Hours

9.6          Broad Shift In Wellness Perspectives

9.7          Corporate Wellness Programs Reducing Load On Us Healthcare Systems

 

10           Market Restraints

10.1        Remote Work And Increased Surveillance By Employers

10.2        Constant Struggle For Employee Engagement And Participation

10.3        Perceived High Cost Of Wellness Programs

10.4        Wariness Regarding Misuse Of Data

10.5        Counterproductive To Employee Health

10.6        Increased Sense Of Anxiety

10.7        Singular Approach To Wellness

10.8        Lack Of Gendered Approach

10.9        Dearth Of Cultural Support

 

11           Market Landscape

11.1        Market Size & Forecast

11.2        Issues With Wellness Programs

11.3        Five Forces Analysis

11.3.1    Threat Of New Entrants

11.3.2    Bargaining Power Of Suppliers

11.3.3    Bargaining Power Of Buyers

11.3.4    Threat Of Substitutes

11.3.5    Competitive Rivalry

 

12           Program

12.1        Market Snapshot & Growth Engine

12.2        Market Overview

12.3        Health And Risk Assessment (Hra)

12.3.1    Market Size & Forecast

12.4        Nutrition & Weight Management

12.4.1    Market Size & Forecast

12.5        Smoking Cessation

12.5.1    Market Size & Forecast

12.6        Fitness Services

12.6.1    Market Size & Forecast

12.7        Alcohol & Drug Rehab

12.7.1    Market Size & Forecast

12.8        Stress Management

12.8.1    Market Size & Forecast

12.9        Health Education Services

12.9.1    Market Size & Forecast

12.10     Financial Wellness

12.10.1  Market Size & Forecast

12.11     Other Corporate Wellness Services

12.11.1  Market Size & Forecast

 

13           End-User

13.1        Market Snapshot & Growth Engine

13.2        Market Overview

13.3        Large Private Sector Businesses

13.3.1    Market Size & Forecast

13.4        Medium Private Sector Businesses

13.4.1    Market Size & Forecast

13.5        Public Sector Companies

13.5.1    Market Size & Forecast

13.6        Small Private Sector Businesses

13.6.1    Market Size & Forecast

13.7        Non-Profit Organizations

13.7.1    Market Size & Forecast

 

14           Revenue Model

14.1        Market Snapshot & Growth Engine

14.2        Market Overview

14.3        Recurring Revenue Model

14.3.1    Market Size & Forecast

14.4        Seasonal Revenues Model

14.4.1    Market Size & Forecast

 

15           Delivery Model

15.1        Market Snapshot & Growth Engine

15.2        Onsite

15.2.1    Market Size & Forecast

15.3        Offsite

15.3.1    Market Size & Forecast

 

16           Incentive Programs

16.1        Market Snapshot & Growth Engine

16.2        Smarket Overview

16.3        Participatory Programs

16.3.1    Market Size & Forecast

16.4        Health-Contingent Programs

16.4.1    Market Size & Forecast

 

17           Type

17.1        Market Snapshot & Growth Engine

17.2        Market Overview

17.3        Services

17.3.1    Market Size & Forecast

17.4        Technology

17.4.1    Market Size & Forecast

 

18           Industry

18.1        Market Snapshot & Growth Engine

18.2        Market Overview

18.3        Media And Technology

18.3.1    Market Size & Forecast

18.4        Healthcare

18.4.1    Market Size & Forecast

18.5        Financial Services

18.5.1    Market Size & Forecast

18.6        Manufacturing

18.6.1    Market Size & Forecast

18.7        Retail

18.7.1    Market Size & Forecast

18.8        Others

18.8.1    Market Size & Forecast

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: [email protected]
Call: +1-312-235-2040/+1 302 469 0707

Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email: Send Email
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/us-corporate-wellness-market-analysis-2024


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