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Corporate Wellness Market Trends

Report ID: GMI8337
Published Date: Feb 2024
Report Format: PDF

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Corporate Wellness Market Trends

The rise of remote work is increasing the demand for virtual wellness solutions to support employees working from home. Companies are adapting wellness programs to include online fitness classes, mental health resources, and digital health coaching. Moreover, there have been significant efforts to enhance these virtual offerings to better address the unique challenges of remote work, such as social isolation and work-life balance. This ongoing focus on remote wellness will maintain employee health and productivity for ensuring that remote workers feel supported and connected despite the physical distance.

For instance, Upwork's study predicted that by 2025, 22% of the American workforce will be working remotely. This shift is reflecting growing trends in flexible work arrangements and digital transformation in various industries.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global corporate wellness industry was valued at USD 67.8 billion in 2023 and is anticipated to register 5.7% CAGR between 2024 and 2032 due to the increasing awareness of employee health and remote and hybrid work models.

The organizations/employers segment in the market is expected to record USD 62.3 billion by 2032 due to large integration by organizations to enhance employee health and productivity.

North America corporate wellness market is predicted to reach USD 39.9 billion by 2032, on account of the increasing technological advancements and rise in stress management programs.

Aduro, Castlight Health, Central Corporate Wellness, Cigna Healthcare, ComPsych Corporation, Corehealth Technologies Inc., Exos, Marino Wellness, Privia Health, SOL Integrative Wellness Centre, Truworth Wellness, Virgin Pulse and Wellsource Inc.