Corporate wellness is the type of workplace health promotion or organization policy. Corporate wellness market is designed to support employees in an organization which are suffering from different diseases such as hypertension, depression etc. Corporate wellness includes various policies, programs. This is designed to encourage health and safety of employees.
Increase in lifestyle related disorders, unhealthy diet, and financial burden on employees are the major driving factors which are expected to propel the global corporate wellness market growth. Moreover, increase in prevalence of chronic diseases is expected to boost the global corporate wellness market growth. In addition to that, increase in focus on corporate wellness programs will expected to fuel the growth of global corporate wellness market growth.
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However, huge cost of companies to adopt corporate wellness market plans is the major restraining factor global corporate wellness market growth.
Global Corporate Wellness Market Segmentation
Global Corporate Wellness Market is segmented into type such as Services, and Technology, by Category such as Fitness & Nutrition Consultants, Psychological Therapies, and Others. Further, Global Corporate Wellness Market is segmented into end user such as Small Scale Organization, Medium Scale Organization, and Large Scale Organization.
Also, Global Corporate Wellness Market is segmented into five regions such as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa.
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Global Corporate Wellness Market Key Players
Various key players are discussed in this report such as ComPsych, FitLinxx, HealthifyMe, Central Workplace Wellness, Privia Health, TruWorth Wellness, Wellness Workplace Solution, Fit Bit Inc, Competition Matrix, Provant Health Solutions, and Beacon Health Options.
However, the Global Corporate Wellness Market is quite fragmented and it is a tough competition which is going on, owing the presence of various established names vying for the top position. The target market is also witnessing an ingress of new entrants who are posing challenges to established names with tactical moves like product innovation & new product portfolios. Major companies are countering these challenges by having their own collaboration, merger, acquisition, and other strategies. The Global Corporate Wellness Market report is also keeping an eye on the geographies to understand demographical features.
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