China Corporate Wellness Market Size & Outlook, 2023-2030
China corporate wellness market, 2018-2030 (US$M)
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China corporate wellness market highlights
- The China corporate wellness market generated a revenue of USD 1,654.0 million in 2023 and is expected to reach USD 2,429.1 million by 2030.
- The China market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, health risk assessment was the largest revenue generating service in 2023.
- Stress Management is the most lucrative service segment registering the fastest growth during the forecast period.
Corporate wellness market data book summary
| Market revenue in 2023 | USD 1,654.0 million |
| Market revenue in 2030 | USD 2,429.1 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Health risk assessment |
| Fastest growing segment | Stress Management |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management |
| Key market players worldwide | ComPsych, Wellness Corporate Solutions, EXOR NV, Marino Wellness, Privia Health Group Inc, Wellsource, Truworth Wellness |
Other key industry trends
- In terms of revenue, China accounted for 3.0% of the global corporate wellness market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan corporate wellness market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,563.4 million by 2030.
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Corporate Wellness Market Scope
Corporate Wellness Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 20.39% in 2023. Horizon Databook has segmented the China 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.
Rapid development and modernization of the Chinese economy led to the growth of the market. However, a minor percentage of citizens still believes in traditional workplace practices. In addition, the number of individuals suffering from obesity is increasing in China.
The country also has the highest incidence of diabetes in the world. After studying the health data of their employees, organizations have started implementing wellness programs. The market is sluggish as of now, but it is projected to be one of the fastest-growing regions over the forecast period.
In addition, healthcare costs are forecast to cross USD 1 trillion by 2020, leading to the introduction of more corporate wellness programs. Chinese employers focus on these programs due to their financial benefits and favorable Return on Investment (ROI). People in their twenties have been observed to be stressed due to overwork.
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Target buyers of China 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China corporate wellness market , including forecasts for subscribers. This country databook contains high-level insights into China corporate wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China corporate wellness market size, by service, 2018-2030 (US$M)
China Corporate Wellness Market Outlook Share, 2023 & 2030 (US$M)
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