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[GET BETTER] Health risk assessment big share of corporate wellness market

MarketsandMarkets has  released its latest report, "Corporate Wellness Solutions Market by Service Offering (HRA, Nutrition, Weight Loss, Fitness, Substance Abuse Management, Employee Assistance Programs, Health Benefits), & End-User (Organizations (Large, Mid-Sized, SME)) - Global Forecast to 2026." Even the sample pages are worth downloading for insights potentially relevant to your organization.

Some of the key findings include:

The corporate wellness solutions market is projected to reach USD 94.6 billion by 2026 from USD 61.2 billion in 2021, at a CAGR of 9.1%. Growth in the market is driven by the rising adoption of corporate wellness programs by employers, technology-powered corporate wellness solutions and the burden of chronic lifestyle diseases and mental health issues in organizations.

The health risk assessment segment holds the highest market share, by service offering, during the forecast period. The large share of this segment can be attributed to its utility for early identification and mitigation of health risks among employees; for reducing absenteeism due to health conditions; and for lowering healthcare costs.

Based on end user, the market is segmented into large, mid-sized, and small organizations. In 2020, the large organizations segment accounted for the largest share of the market. However now, the small-sized organizations segment is expected to grow at the highest CAGR.

For organizations looking to expand, the market also is segmented by location into North America, Europe, Asia Pacific, and Rest of the World. APAC is expected to grow at the highest CAGR during the forecast period. The major drivers include increasing awareness of the benefits of corporate wellness solutions, favorable regulations, the growing working population, the high prevalence of chronic diseases such as diabetes, and high tobacco consumption.

To download a sample report or request a pdf with more key findings, click here

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