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Corporate Wellness Market in the US 2024-2028

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    Report

  • 123 Pages
  • July 2024
  • Region: United States
  • TechNavio
  • ID: 5850046
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The corporate wellness market in us is forecasted to grow by USD 7.6 billion during 2023-2028, accelerating at a CAGR of 9.4% during the forecast period. The report on the corporate wellness market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need to combat rising healthcare costs, need for improved employee productivity, and recent developments in corporate wellness solutions in us.

The corporate wellness market in us is segmented as below:

By Application

  • Health assessments and screenings
  • Nutrition and fitness
  • Stress management
  • Others

By Product Type

  • SMEs
  • Large organizations

By Geographical Landscape

  • North America
This study identifies the adoption of wearable technology as one of the prime reasons driving the corporate wellness market in us growth during the next few years. Also, increasing strategic collaborations and mergers and acquisitions (M&A) and personalized and tailor-made solutions will lead to sizable demand in the market.

The report on the corporate wellness market in us covers the following areas:

  • Corporate wellness market in us sizing
  • Corporate wellness market in us forecast
  • Corporate wellness market in us industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading corporate wellness market in us vendors that include Aduro LLC, Alphabet Inc., ComPsych Corp., Exos Works Inc., Interactive Health System LLC, Kinema Fitness, Laboratory Corp. of America Holdings, Link Group, Marino Wellness LLC, Practo Technologies Pvt. Ltd., Prepaid Technologies Company Inc., Privia Health Group Inc., Sodexo SA, The Cleveland Clinic Foundation, United HealthCare Services Inc., Virgin Pulse Inc., Vitality Group LLC, WebMD Health Services Group Inc., Wellsource Inc., and WellSteps.com LLC. Also, the corporate wellness market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Corporate Wellness Market in US 2018 - 2022
Historic Market Size - Data Table on Corporate Wellness Market in US 2018 - 2022 ($ billion)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Product Type segment analysis 2018 - 2022
Historic Market Size - Product Type Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Health assessments and screenings - Market size and forecast 2023-2028
Chart on Health assessments and screenings - Market size and forecast 2023-2028 ($ billion)
Data Table on Health assessments and screenings - Market size and forecast 2023-2028 ($ billion)
Chart on Health assessments and screenings - Year-over-year growth 2023-2028 (%)
Data Table on Health assessments and screenings - Year-over-year growth 2023-2028 (%)
6.4 Nutrition and fitness - Market size and forecast 2023-2028
Chart on Nutrition and fitness - Market size and forecast 2023-2028 ($ billion)
Data Table on Nutrition and fitness - Market size and forecast 2023-2028 ($ billion)
Chart on Nutrition and fitness - Year-over-year growth 2023-2028 (%)
Data Table on Nutrition and fitness - Year-over-year growth 2023-2028 (%)
6.5 Stress management - Market size and forecast 2023-2028
Chart on Stress management - Market size and forecast 2023-2028 ($ billion)
Data Table on Stress management - Market size and forecast 2023-2028 ($ billion)
Chart on Stress management - Year-over-year growth 2023-2028 (%)
Data Table on Stress management - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Product Type
7.1 Market segments
Chart on Product Type - Market share 2023-2028 (%)
Data Table on Product Type - Market share 2023-2028 (%)
7.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
7.3 SMEs - Market size and forecast 2023-2028
Chart on SMEs - Market size and forecast 2023-2028 ($ billion)
Data Table on SMEs - Market size and forecast 2023-2028 ($ billion)
Chart on SMEs - Year-over-year growth 2023-2028 (%)
Data Table on SMEs - Year-over-year growth 2023-2028 (%)
7.4 Large organizations - Market size and forecast 2023-2028
Chart on Large organizations - Market size and forecast 2023-2028 ($ billion)
Data Table on Large organizations - Market size and forecast 2023-2028 ($ billion)
Chart on Large organizations - Year-over-year growth 2023-2028 (%)
Data Table on Large organizations - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product Type
Market opportunity by Product Type ($ billion)
Data Table on Market opportunity by Product Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Alphabet Inc.
Alphabet Inc. - Overview
Alphabet Inc. - Business segments
Alphabet Inc. - Key offerings
Alphabet Inc. - Segment focus
11.4 ComPsych Corp.
ComPsych Corp. - Overview
ComPsych Corp. - Product / Service
ComPsych Corp. - Key offerings
11.5 Exos Works Inc.
Exos Works Inc. - Overview
Exos Works Inc. - Product / Service
Exos Works Inc. - Key offerings
11.6 Kinema Fitness
Kinema Fitness - Overview
Kinema Fitness - Product / Service
Kinema Fitness - Key offerings
11.7 Laboratory Corp. of America Holdings
Laboratory Corp. of America Holdings - Overview
Laboratory Corp. of America Holdings - Business segments
Laboratory Corp. of America Holdings - Key news
Laboratory Corp. of America Holdings - Key offerings
Laboratory Corp. of America Holdings - Segment focus
11.8 Marino Wellness LLC
Marino Wellness LLC - Overview
Marino Wellness LLC - Product / Service
Marino Wellness LLC - Key offerings
11.9 Practo Technologies Pvt. Ltd.
Practo Technologies Pvt. Ltd. - Overview
Practo Technologies Pvt. Ltd. - Product / Service
Practo Technologies Pvt. Ltd. - Key offerings
11.10 Privia Health Group Inc.
Privia Health Group Inc. - Overview
Privia Health Group Inc. - Product / Service
Privia Health Group Inc. - Key offerings
11.11 Sodexo SA
Sodexo SA - Overview
Sodexo SA - Business segments
Sodexo SA - Key news
Sodexo SA - Key offerings
Sodexo SA - Segment focus
11.12 The Cleveland Clinic Foundation
The Cleveland Clinic Foundation - Overview
The Cleveland Clinic Foundation - Product / Service
The Cleveland Clinic Foundation - Key offerings
11.13 United HealthCare Services Inc.
United HealthCare Services Inc. - Overview
United HealthCare Services Inc. - Business segments
United HealthCare Services Inc. - Key offerings
United HealthCare Services Inc. - Segment focus
11.14 Virgin Pulse Inc.
Virgin Pulse Inc. - Overview
Virgin Pulse Inc. - Product / Service
Virgin Pulse Inc. - Key offerings
11.15 Vitality Group LLC
Vitality Group LLC - Overview
Vitality Group LLC - Product / Service
Vitality Group LLC - Key offerings
11.16 WebMD Health Services Group Inc.
WebMD Health Services Group Inc. - Overview
WebMD Health Services Group Inc. - Product / Service
WebMD Health Services Group Inc. - Key offerings
11.17 Wellsource Inc.
Wellsource Inc. - Overview
Wellsource Inc. - Product / Service
Wellsource Inc. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Application
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Corporate Wellness Market in US 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Product Type Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Application - Market share 2023-2028 (%)
Exhibits 28: Data Table on Application - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Application
Exhibits 30: Data Table on Comparison by Application
Exhibits 31: Chart on Health assessments and screenings - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Health assessments and screenings - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Health assessments and screenings - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Health assessments and screenings - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Nutrition and fitness - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Nutrition and fitness - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Nutrition and fitness - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Nutrition and fitness - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Stress management - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on Stress management - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on Stress management - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Stress management - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Application ($ billion)
Exhibits 48: Data Table on Market opportunity by Application ($ billion)
Exhibits 49: Chart on Product Type - Market share 2023-2028 (%)
Exhibits 50: Data Table on Product Type - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Product Type
Exhibits 52: Data Table on Comparison by Product Type
Exhibits 53: Chart on SMEs - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on SMEs - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on SMEs - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on SMEs - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Large organizations - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Large organizations - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Large organizations - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Large organizations - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Product Type ($ billion)
Exhibits 62: Data Table on Market opportunity by Product Type ($ billion)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Impact of drivers and challenges in 2023 and 2028
Exhibits 65: Overview on criticality of inputs and factors of differentiation
Exhibits 66: Overview on factors of disruption
Exhibits 67: Impact of key risks on business
Exhibits 68: Companies covered
Exhibits 69: Matrix on companies position and classification
Exhibits 70: Alphabet Inc. - Overview
Exhibits 71: Alphabet Inc. - Business segments
Exhibits 72: Alphabet Inc. - Key offerings
Exhibits 73: Alphabet Inc. - Segment focus
Exhibits 74: ComPsych Corp. - Overview
Exhibits 75: ComPsych Corp. - Product / Service
Exhibits 76: ComPsych Corp. - Key offerings
Exhibits 77: Exos Works Inc. - Overview
Exhibits 78: Exos Works Inc. - Product / Service
Exhibits 79: Exos Works Inc. - Key offerings
Exhibits 80: Kinema Fitness - Overview
Exhibits 81: Kinema Fitness - Product / Service
Exhibits 82: Kinema Fitness - Key offerings
Exhibits 83: Laboratory Corp. of America Holdings - Overview
Exhibits 84: Laboratory Corp. of America Holdings - Business segments
Exhibits 85: Laboratory Corp. of America Holdings - Key news
Exhibits 86: Laboratory Corp. of America Holdings - Key offerings
Exhibits 87: Laboratory Corp. of America Holdings - Segment focus
Exhibits 88: Marino Wellness LLC - Overview
Exhibits 89: Marino Wellness LLC - Product / Service
Exhibits 90: Marino Wellness LLC - Key offerings
Exhibits 91: Practo Technologies Pvt. Ltd. - Overview
Exhibits 92: Practo Technologies Pvt. Ltd. - Product / Service
Exhibits 93: Practo Technologies Pvt. Ltd. - Key offerings
Exhibits 94: Privia Health Group Inc. - Overview
Exhibits 95: Privia Health Group Inc. - Product / Service
Exhibits 96: Privia Health Group Inc. - Key offerings
Exhibits 97: Sodexo SA - Overview
Exhibits 98: Sodexo SA - Business segments
Exhibits 99: Sodexo SA - Key news
Exhibits 100: Sodexo SA - Key offerings
Exhibits 101: Sodexo SA - Segment focus
Exhibits 102: The Cleveland Clinic Foundation - Overview
Exhibits 103: The Cleveland Clinic Foundation - Product / Service
Exhibits 104: The Cleveland Clinic Foundation - Key offerings
Exhibits 105: United HealthCare Services Inc. - Overview
Exhibits 106: United HealthCare Services Inc. - Business segments
Exhibits 107: United HealthCare Services Inc. - Key offerings
Exhibits 108: United HealthCare Services Inc. - Segment focus
Exhibits 109: Virgin Pulse Inc. - Overview
Exhibits 110: Virgin Pulse Inc. - Product / Service
Exhibits 111: Virgin Pulse Inc. - Key offerings
Exhibits 112: Vitality Group LLC - Overview
Exhibits 113: Vitality Group LLC - Product / Service
Exhibits 114: Vitality Group LLC - Key offerings
Exhibits 115: WebMD Health Services Group Inc. - Overview
Exhibits 116: WebMD Health Services Group Inc. - Product / Service
Exhibits 117: WebMD Health Services Group Inc. - Key offerings
Exhibits 118: Wellsource Inc. - Overview
Exhibits 119: Wellsource Inc. - Product / Service
Exhibits 120: Wellsource Inc. - Key offerings
Exhibits 121: Inclusions checklist
Exhibits 122: Exclusions checklist
Exhibits 123: Currency conversion rates for US$
Exhibits 124: Research methodology
Exhibits 125: Information sources
Exhibits 126: Data validation
Exhibits 127: Validation techniques employed for market sizing
Exhibits 128: Data synthesis
Exhibits 129: 360 degree market analysis
Exhibits 130: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the corporate wellness market in US: Aduro LLC, Alphabet Inc., ComPsych Corp., Exos Works Inc., Interactive Health System LLC, Kinema Fitness, Laboratory Corp. of America Holdings, Link Group, Marino Wellness LLC, Practo Technologies Pvt. Ltd., Prepaid Technologies Company Inc., Privia Health Group Inc., Sodexo SA, The Cleveland Clinic Foundation, United HealthCare Services Inc., Virgin Pulse Inc., Vitality Group LLC, WebMD Health Services Group Inc., Wellsource Inc., and WellSteps.com LLC.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is adoption of wearable technology."

According to the report, one of the major drivers for this market is the increasing need to combat rising healthcare costs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aduro LLC
  • Alphabet Inc.
  • ComPsych Corp.
  • Exos Works Inc.
  • Interactive Health System LLC
  • Kinema Fitness
  • Laboratory Corp. of America Holdings
  • Link Group
  • Marino Wellness LLC
  • Practo Technologies Pvt. Ltd.
  • Prepaid Technologies Company Inc.
  • Privia Health Group Inc.
  • Sodexo SA
  • The Cleveland Clinic Foundation
  • United HealthCare Services Inc.
  • Virgin Pulse Inc.
  • Vitality Group LLC
  • WebMD Health Services Group Inc.
  • Wellsource Inc.
  • WellSteps.com LLC

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