$15.5 Bn Corporate Wellness Market in the US - Industry Outlook and Forecast 2019-2024 - ResearchAndMarkets.com

DUBLIN--()--The "Corporate Wellness Market in the US - Industry Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The US corporate wellness market is likely to reach around $15.5 billion by 2024, growing at a CAGR of approximately 8% during 2018-2024.

The US corporate wellness market is undergoing an enormous transformation. Opportunities such as the use of technology to improve outcomes, the growing reign of artificial intelligence, and the incorporation of social connectivity are hugely changing the perspective toward corporate wellness programs. Therefore, these factors are expected to propel the US corporate wellness market during the forecast period.

The growing awareness for healthy eating habits and exercise, the high prevalence of obesity, and the reduction of insurance and healthcare costs are a few major factors driving the growth of the US corporate wellness market. The increasing focus on work-life balance and the implementation of company-sponsored employee-centric healthcare campaigns that offer lifestyle coaching and employee benefits are likely to boost the US corporate wellness market in the coming years.

Further, leading vendors are adopting digital technology to host a virtual screening and disseminate the information through their company portals to attract more consumers and increase market shares.

Prominent Vendors

  • ComPsych
  • Wellness Corporate Solutions
  • Virgin Pulse
  • Provant Health Solutions

Other prominent vendors

  • Active Wellness
  • Aduro
  • Aquila
  • Bank of America Merrill Lynch
  • BaySport
  • Beacon Health Options
  • Best Money Moves
  • Ceridian
  • Corporate Fitness Works
  • Exos, Fidelity
  • Financial Finesse
  • HealthFitness
  • Healthtrax
  • Integrated Wellness Partners
  • Kinema Fitness
  • LifeStart
  • LIVunLtd
  • Professional Fitness Management
  • Power Wellness
  • Reach Fitness
  • Marino Wellness
  • Mercer
  • Midtown Athletic Club
  • National Institute for Fitness and Sport (NIFS)
  • OptumHealth
  • Privia Health
  • Premise Health
  • Prudential Financial
  • WTS International
  • Vitality Group
  • Wellsource
  • Wisdom Works Group
  • Workstride

Key Topics Covered:

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

4.4 Market Segments

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

7.3 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

7.11 Pulse of American Workforce

7.12 Employee Behavior Insights

7.12.1 Millennials

7.12.2 Generation X

7.12.3 Baby Boomers

7.12.4 Media Consumption Across Generations

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Growth in Mindful Ownership of Individualized Self-care

8.1.2 Rise of Human/Wisdom Economy

8.1.3 Evolution of Value Proposition

8.1.4 Longer Work Days and Weeks

8.1.5 Broad Shift in Perspective of Wellness

8.1.6 Corporate Wellness Fills in for Limiting US Healthcare System

8.2 Market Growth Restraints

8.2.1 Constant Struggle for Employee Engagement and Participation

8.2.2 Perceived High Cost of Wellness Programs

8.2.3 Wariness Regarding Misuse of Data

8.2.4 Counterproductive to Employee Health

8.2.5 Increased Sense of Anxiety

8.2.6 Singular Approach to Wellness

8.2.7 Lack of Gendered Approach

8.2.8 Dearth of Cultural Support

8.3 Market Opportunities & Trends

8.3.1 Data Analytics Increasingly Powering Wellness

8.3.2 Use of Technology to Improve Outcomes

8.3.3 Growing Reign of Artificial Intelligence

8.3.4 Extension of Wellness Programs to Family

8.3.5 Offering Various Solution Under One Roof

8.3.6 Incorporation of Social Connectedness

9 Corporate Wellness Market In US

9.1 Market Size & Forecast

9.2 Five Forces Analysis

9.2.1 Threat of New Entrants

9.2.2 Bargaining Power of Suppliers

9.2.3 Bargaining Power of Buyers

9.2.4 Threat of Substitutes

9.2.5 Competitive Rivalry

10 By Program

10.1 Market Snapshot & Growth Engine

10.2 Market Overview

10.3 Health and RISK Assessment (HRA)

10.4 Nutrition & Weight Management

10.5 Smoking Cessation

10.6 Fitness Services

10.7 Alcohol & Drug Rehab

10.8 Stress Management

10.9 Health Education Services

10.10 Financial Wellness

10.11 Other Corporate wellness services

11 By End-User

11.1 Market Snapshot & Growth Engine

11.2 Market Overview

11.3 Large Private Sector Businesses

11.4 Medium Private Sector Businesses

11.5 Public Sector Companies

11.6 Small Private Sector Businesses

11.7 Non-profit Organizations

12 By Revenue Model

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Recurring Revenue Model

12.4 Seasonal Revenues Model

13 By Delivery Model

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Onsite

13.4 Offsite

14 By Incentive Program

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Participatory Programs

14.4 Health-contingent Programs

15 By Type

15.1 Market Snapshot & Growth Engine

15.2 Market Overview

15.3 Services

15.4 Technology

16 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/x1vg75


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Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Consulting and Outsourcing