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Corporate Wellness Market

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Corporate wellness are programs that are conducted in corporate offices to keep the employees healthy and happy, both physically and mentally.
Corporate Wellness Market - Size, Share, Outlook,
and Opportunity Analysis, 2018 – 2026
Corporate wellness are programs that are conducted in corporate offices to keep the employees
healthy and happy, both physically and mentally. Currently, corporate wellness programs are
largely adopted by employers to promote employee health, to reduce health related costs, and
to increase the productivity and quality of work. Corporate wellness programs vary in services
and activities, some common programs which are largely adopted by employers include smoking
cessation program to help employees to quit habit of smoking, nutrition and weight
management program to help employees to manage their weight and nutrition, stress
management program to reduce stress from employees’ life, and fitness programs to keep
employees fit and active.
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Corporate Wellness Market Drivers
High prevalence of smoking, obesity, and overweight is expected to be a major factor which
will create demand for corporate wellness programs. Therefore employers are adopting corporate
wellness programs in order to make their employees’ healthy, reduce health care costs, and to
increase employee’s productivity. For instance, according to the data published by Center for
Disease Control and Prevention (CDC), in 2016, around 15.5% of the U.S. adults smoke
cigarettes, which is around 37.8 million adults in the U.S. According to World Health
Organization’s data published in February 2018, since 1975 obesity has nearly tripled globally,
and it was estimated that in 2016, globally, 39% of adults aged 18 years and above were
overweight and around 13% were obese. Furthermore, according to the same source, in 2016,
over 1.9 billion adults (18 years and older) were overweight out of which over 650 million
were obese.
In corporate offices, an employee works around 9 hours, and during this time period most
employees sit continuously and are physically inactive during working hours. Hence, such
physical inactivity can lead to rise in prevalence of lifestyle diseases such as diabetes, blood
pressure, and others. Hence, increasing prevalence of such lifestyle diseases can increase
demand for corporate wellness programs by employers to reduce absenteeism, increase work
productivity, and to improve employee morale. For instance, according to the data published by
Center for Disease Control and Prevention (CDC) in 2017, in the U.S. 30.2 million adults aged
18 years or older (12.2% of all the U.S. adults) were suffering from diabetes in which type 2
diabetes accounted for 90% to 95% of all diabetes cases. According to the data published by
Center for Disease Control and Prevention (CDC) in January 2018, the death rate from high
blood pressure increased by nearly 11% in the U.S. between 2005 and 2015, and the actual
number of deaths rose by almost 38% up to nearly 79,000 by 2015.
Report includes chapters which deeply display the following deliverable about industry :
• Corporate Wellness Market Research Objective and Assumption
• Corporate Wellness Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Corporate Wellness Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Corporate Wellness Market , By Regions
• Corporate Wellness Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Corporate Wellness Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Corporate Wellness Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Corporate Wellness Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Corporate Wellness Market Regional Analysis
North America corporate wellness market is expected to hold a dominant position in the global
corporate wellness market over the forecast period, owing to increasing adoption of corporate
wellness programs by corporate offices and rising health awareness among the population for
living a healthy and stress free life.
Asia Pacific corporate wellness market growth is expected to exhibit high growth over the
forecast period, due to increasing demand for corporate wellness program from countries such
as Japan and China, where there is a rise in lifestyle diseases such as diabetes and blood
pressure. For instance, according to a survey done in Japan by Health Ministry in 2016, around
10 million adults in Japan were suspected to be diabetic.
Corporate Wellness Market Restraint
Low adoption rate of corporate wellness by small scale corporate offices and new startups in
emerging economies such as India and Africa is expected to be a major factor which will hinder
and restrain the global corporate wellness market growth. Furthermore, low participation of
employees in corporate wellness programs is also expected to hamper the global corporate
wellness market growth.
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About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge301   document Email
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