Market Overview:
The global enterprise wellness market is expected to grow from USD 9.8 billion in 2018 to USD 23.7 billion by 2030, at a CAGR of 12.9% during the forecast period. The growth of the market can be attributed to the increasing prevalence of lifestyle diseases, growing awareness about the benefits of enterprise wellness programs, and rising demand for preventive healthcare services. However, lack of standardization and regulatory framework for enterprise wellness programs may restrain the growth of this market during the forecast period. Based on type, the global enterprise wellness market is segmented into stand-alone and integrated solutions. The integrated solutions segment is expected to grow at a higher CAGR than the stand-alone solutions segment duringthe forecast period owingto its advantages such as improved employee productivity and reduced healthcare costs.
Product Definition:
Enterprise Wellness is a term used to describe a workplace health and wellness program. Enterprise wellness programs are important because they can improve employee health, which can lead to increased productivity and reduced healthcare costs.
Stand-alone:
Stand-alone is a software application or service that works without the need for other applications or services. It can be used by itself but it requires some additional features and functionalities to function at its best. Stand-alone solutions are designed to address only specific areas of wellness management, such as weight management, fitness tracking, disease prevention and health monitoring; whereas enterprise wellness programs include all the tools required to help employees live a healthy lifestyle outside the office as well.
Integrated:
Integrated is a term used in the healthcare industry to define any system or product that integrates data from different sources and provides it to users in an effective manner. Integrated solutions are becoming increasingly important as organizations continue to expand their business reach beyond their traditional service areas by integrating new products and services into their portfolios.
Application Insights:
The small business application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growing digital economy has created a need for wellness programs among small businesses as they tend to suffer from higher levels of stress due to lack of resources, time pressure and complex work environment. Furthermore, a survey conducted by the U.S. Small Business Administration (SBA) states that more than 60% of all American small businesses have less than 50 employees each year; this represents an opportunity for growth for enterprise wellness solutions providers in North America region.
The mid-sized business application segment is expected register significant growth over the forecast period owing to increasing demand from organizations suffering from high levels of employee burnout along with an increase in health issues such as obesity, smoking & drinking among employees which are driving factors behind its adoption across various industries including healthcare, financial services.
Regional Analysis:
North America dominated the global enterprise wellness market in 2017. The presence of a large number of small, medium and large businesses in the region is expected to drive demand for employee healthcare services over the forecast period. Furthermore, growing awareness about mental health among employees is anticipated to fuel growth over the next eight years. According to a study published by RAND Corporation, approximately 60% of U.S.
Asia Pacific is expected to witness significant growth during the forecast period owing to increasing government spending on healthcare infrastructure coupled with rising adoption of stand-alone enterprise wellness programs across various industries including manufacturing, financial services and insurance (FS&I).
Growth Factors:
- Increased awareness of the importance of employee wellness and its impact on business performance.
- Growing demand from employees for workplace wellness programs and services.
- Rising healthcare costs, which are motivating employers to invest in workplace wellness programs as a way to reduce their health care expenses.
- The increasing number of studies that demonstrate the effectiveness of workplace wellness programs in reducing health care costs and improving employee productivity and morale.
- The growing popularity of corporate fitness challenges and other team-based initiatives that promote healthy behaviors among employees
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Wellness Market Research Report
By Type
Stand-alone, Integrated
By Application
Small Business (0–50 employees), Mid-Sized Business (51–300 employees), Large Business (301-1000 employees), Enterprise (1001+ employees)
By Companies
Central Corporate Wellness, Jardine Lloyd Thompson, Truworth Wellness, SOL Wellness, ConneXions Asia, Wellness Corporate Solutions, ComPsych, Virgin Pulse, Provant Health, EXOS, Vitality, Interactive Health, Sodexo, FitLinxx, Marino Wellness, Kinema Fitness, Premise Health, TotalWellness Health, WorkStride, Fitbit, Provant Health, Marathon Health, Wellsource
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Wellness Market Report Segments:
The global Enterprise Wellness market is segmented on the basis of:
Types
Stand-alone, Integrated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Business (0–50 employees), Mid-Sized Business (51–300 employees), Large Business (301-1000 employees), Enterprise (1001+ employees)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Central Corporate Wellness
- Jardine Lloyd Thompson
- Truworth Wellness
- SOL Wellness
- ConneXions Asia
- Wellness Corporate Solutions
- ComPsych
- Virgin Pulse
- Provant Health
- EXOS
- Vitality
- Interactive Health
- Sodexo
- FitLinxx
- Marino Wellness
- Kinema Fitness
- Premise Health
- TotalWellness Health
- WorkStride
- Fitbit
- Provant Health
- Marathon Health
- Wellsource
Highlights of The Enterprise Wellness Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stand-alone
- Integrated
- By Application:
- Small Business (0–50 employees)
- Mid-Sized Business (51–300 employees)
- Large Business (301-1000 employees)
- Enterprise (1001+ employees)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enterprise Wellness Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enterprise wellness is a term used to describe the holistic approach to managing health and well-being in an organization. It encompasses everything from creating healthy work environments, promoting physical activity and nutrition, and providing mental health support. By addressing all aspects of an employeeu2019s well-being, enterprise wellness can help reduce stress levels, improve productivity, and promote a healthy lifestyle overall.
Some of the major companies in the enterprise wellness market are Central Corporate Wellness, Jardine Lloyd Thompson, Truworth Wellness, SOL Wellness, ConneXions Asia, Wellness Corporate Solutions, ComPsych, Virgin Pulse, Provant Health, EXOS, Vitality, Interactive Health, Sodexo, FitLinxx, Marino Wellness, Kinema Fitness, Premise Health, TotalWellness Health, WorkStride, Fitbit, Provant Health, Marathon Health, Wellsource.
The enterprise wellness market is expected to register a CAGR of 12.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enterprise Wellness Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Enterprise Wellness Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enterprise Wellness Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Enterprise Wellness Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Enterprise Wellness Market Size & Forecast, 2018-2028
4.5.1 Enterprise Wellness Market Size and Y-o-Y Growth
4.5.2 Enterprise Wellness Market Absolute $ Opportunity
Chapter 5 Global Enterprise Wellness Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Enterprise Wellness Market Size Forecast by Type
5.2.1 Stand-alone
5.2.2 Integrated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enterprise Wellness Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Enterprise Wellness Market Size Forecast by Applications
6.2.1 Small Business (0–50 employees)
6.2.2 Mid-Sized Business (51–300 employees)
6.2.3 Large Business (301-1000 employees)
6.2.4 Enterprise (1001+ employees)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enterprise Wellness Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Enterprise Wellness Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Enterprise Wellness Analysis and Forecast
9.1 Introduction
9.2 North America Enterprise Wellness Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Enterprise Wellness Market Size Forecast by Type
9.6.1 Stand-alone
9.6.2 Integrated
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Enterprise Wellness Market Size Forecast by Applications
9.10.1 Small Business (0–50 employees)
9.10.2 Mid-Sized Business (51–300 employees)
9.10.3 Large Business (301-1000 employees)
9.10.4 Enterprise (1001+ employees)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Enterprise Wellness Analysis and Forecast
10.1 Introduction
10.2 Europe Enterprise Wellness Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Enterprise Wellness Market Size Forecast by Type
10.6.1 Stand-alone
10.6.2 Integrated
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Enterprise Wellness Market Size Forecast by Applications
10.10.1 Small Business (0–50 employees)
10.10.2 Mid-Sized Business (51–300 employees)
10.10.3 Large Business (301-1000 employees)
10.10.4 Enterprise (1001+ employees)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Enterprise Wellness Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enterprise Wellness Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Enterprise Wellness Market Size Forecast by Type
11.6.1 Stand-alone
11.6.2 Integrated
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Enterprise Wellness Market Size Forecast by Applications
11.10.1 Small Business (0–50 employees)
11.10.2 Mid-Sized Business (51–300 employees)
11.10.3 Large Business (301-1000 employees)
11.10.4 Enterprise (1001+ employees)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Enterprise Wellness Analysis and Forecast
12.1 Introduction
12.2 Latin America Enterprise Wellness Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Enterprise Wellness Market Size Forecast by Type
12.6.1 Stand-alone
12.6.2 Integrated
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Enterprise Wellness Market Size Forecast by Applications
12.10.1 Small Business (0–50 employees)
12.10.2 Mid-Sized Business (51–300 employees)
12.10.3 Large Business (301-1000 employees)
12.10.4 Enterprise (1001+ employees)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Enterprise Wellness Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enterprise Wellness Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Enterprise Wellness Market Size Forecast by Type
13.6.1 Stand-alone
13.6.2 Integrated
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Enterprise Wellness Market Size Forecast by Applications
13.10.1 Small Business (0–50 employees)
13.10.2 Mid-Sized Business (51–300 employees)
13.10.3 Large Business (301-1000 employees)
13.10.4 Enterprise (1001+ employees)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Enterprise Wellness Market: Competitive Dashboard
14.2 Global Enterprise Wellness Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Central Corporate Wellness
14.3.2 Jardine Lloyd Thompson
14.3.3 Truworth Wellness
14.3.4 SOL Wellness
14.3.5 ConneXions Asia
14.3.6 Wellness Corporate Solutions
14.3.7 ComPsych
14.3.8 Virgin Pulse
14.3.9 Provant Health
14.3.10 EXOS
14.3.11 Vitality
14.3.12 Interactive Health
14.3.13 Sodexo
14.3.14 FitLinxx
14.3.15 Marino Wellness
14.3.16 Kinema Fitness
14.3.17 Premise Health
14.3.18 TotalWellness Health
14.3.19 WorkStride
14.3.20 Fitbit
14.3.21 Provant Health
14.3.22 Marathon Health
14.3.23 Wellsource
