Industry Analysis & Industry Trends
Corporate wellness services provide workplace programs to help corporations improve the health of their employees. As healthcare costs rose and discounts were implemented for employees participating in wellness programs, more corporations demanded services from corporate wellness providers. An overall increase in corporate profit and a decline in Americans' overall health also helped boost the industry in the past five years. As company and employee numbers rise in line with the recovering economy, demand for the industry's services will improve. This demand, however, will be slightly offset by external competition, such as from gym memberships that companies buy for their employees or from more internal wellness programs coordinated by HR staff.... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of employing establishments is very similar to each state's population share. The most populated region of the United States, the Southeast, accounts for 22.9% of establishments, followed by the West with 17.3% and the Mid-Atlantic with 15.6%.
More populated regions, particularly those with centers of major business activity (for example California, New York and Florida), and regions with a large number of corporate headquarters will have higher demand for corporate wellness service providers. Such business centers tend to already have a larger number of healthcare and fitness providers, such as clinics, health clubs and gyms. Larger establishments are, therefore, more likely to be located in these regions... purchase to read more