Global Corporate Wellness Market Size & Outlook, 2023-2030
Global corporate wellness market, 2018-2030 (US$M)
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Global corporate wellness market highlights
- The global corporate wellness market generated a revenue of USD 55,139.2 million in 2023 and is expected to reach USD 74,911.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.5% by 2030.
- In terms of segment, health risk assessment accounted for a revenue of USD 11,628.9 million in 2023.
- Stress Management is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 55,139.2 million |
| Market revenue in 2030 | USD 74,911.2 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Health risk assessment |
| Fastest growing segment | Stress Management |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management |
Other key industry trends
- In terms of revenue, the North America accounted for 39.1% of the global corporate wellness market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 24,829.7 million by 2030.
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Corporate Wellness Market Scope
Corporate Wellness Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global corporate wellness market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to corporate wellness market will help companies and investors design strategic landscapes.
Health risk assessment was the largest segment with a revenue share of 21.09% in 2023. Horizon Databook has segmented the Global corporate wellness market based on health risk assessment, fitness, smoking cessation, health screening, nutrition & weight management, stress management covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.S., physicians, nurses, technicians, and other healthcare staff charge higher fees than professionals in other countries such as the UK, Canada, and Germany, increasing the overall cost of treatment. Moreover, employers pay a substantial amount of healthcare premium to insurance providers, especially, in a large scale organization. Increased number of unhealthy employees surge the premium cost increasing the financial burden of an organization.
The corporate wellness programs are considered preventative measures as they help inculcate healthy habits and reduce absenteeism of employees due to health issues. In the U.S., corporate programs promote health and wellbeing, along with disease prevention plans, which is expected to influence more than 159 million employees, reducing the cost of health care significantly, as per the National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP).
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Target buyers of Global corporate wellness market databook
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Our clientele includes a mix of corporate wellness market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global corporate wellness market , including forecasts for subscribers. This global databook contains high-level insights into Global corporate wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global corporate wellness market size, by regions, 2018-2030 (US$M)
Top 10 countries: Corporate wellness market size, 2023 (US$M)
Global corporate wellness market share, by service, 2023 & 2030 (%, US$M)
Corporate wellness market: Opportunity assessment by country
Global corporate wellness market, by region, 2023 (US$M)
| Service | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 20,594.5 | 21,879.3 | 19,560.1 | 20,185.9 | 20,856.6 | 21,575.0 | 22,344.4 | 23,168.7 | 24,051.8 | 24,997.7 | 26,011.5 | 27,098.3 | 28,263.5 | 3.9% |
| Europe | 18,212.9 | 19,487.1 | 18,649.0 | 19,394.8 | 20,190.3 | 21,038.8 | 21,944.3 | 22,910.7 | 23,942.9 | 25,045.9 | 26,224.9 | 27,486.1 | 28,835.8 | 4.6% |
| Asia Pacific | 8,528.1 | 9,187.1 | 8,746.0 | 9,166.0 | 9,614.5 | 10,093.8 | 10,606.7 | 11,155.2 | 11,742.8 | 12,372.1 | 13,046.6 | 13,770.1 | 14,546.8 | 5.4% |
| Latin America | 1,193.8 | 1,276.1 | 1,123.1 | 1,170.1 | 1,220.6 | 1,274.7 | 1,332.5 | 1,394.6 | 1,461.3 | 1,532.6 | 1,609.3 | 1,691.5 | 1,780.0 | 4.9% |
| MEA | 1,076.9 | 1,121.2 | 1,042.7 | 1,079.2 | 1,117.2 | 1,156.9 | 1,198.0 | 1,241.0 | 1,285.7 | 1,332.5 | 1,381.3 | 1,432.0 | 1,485.1 | 3.6% |
| Overall | 49,606.2 | 52,950.8 | 49,120.9 | 50,996.0 | 52,999.2 | 55,139.2 | 57,425.9 | 59,870.2 | 62,484.5 | 65,280.8 | 68,273.6 | 71,478.0 | 74,911.2 | 4.5% |
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