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Corporate Wellness Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Corporate Wellness Services Market Research Report | Life Sciences | Wellness Services | Jul 2016

Healthy choices: The industry will exhibit robust growth as businesses rapidly adopt wellness programs

IBISWorld’s Corporate Wellness Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
ComPsych ComPsych market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 11-16
0.6%
Annual Growth 16-21
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Profit
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Employment
77,535
Businesses
951
Industry Analysis & Industry Trends

The Corporate Wellness Services industry has experienced robust growth over the past five years, as many businesses purchased wellness programs to help lower healthcare costs. In response to the burgeoning obese and overweight population, which may increase employer-mandated health insurance costs, many businesses have implemented industry services such as biometric screening. During the next five years, industry revenue is forecast to continue increasing as many companies increase the scope of their wellness programs.... purchase to read more

Industry Report - Industry Locations Chapter

The Corporate Wellness Services industry's establishments typically follow the dispersion of large businesses, which are more likely to implement corporate wellness programs, compared with small and midsize businesses. Furthermore, state regulations may limit the extent that corporate wellness companies can use financial incentives in their programs, thus potentially limiting program efficacy. As a result, corporate wellness companies may locate their establishments in states that have less stringent regulations. Overall, the industry's establishments follow the geographic spread of downstream markets (i.e. businesses). The most populated region of the United States, the Southeast, is expected to account for 19.5% of establishments, followed by the West with 18.5%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Corporate Wellness Services Industry?

This industry includes companies that primarily provide workplace programs that offer a combination of educational, organizational and environmental activities designed to support behavior that is conducive to the health of employees and their families. This does not include programs designed internally by existing human resources personnel.

Industry Products
Health Risk Assessments (HRAs)Nutrition and weight management Smoking cessation Fitness servicesAlcohol and drug abuse servicesStress management Health education servicesOther services
 
Industry Activities
Providing health assessments and screeningsProviding education on nutrition and other health related topicsProviding fitness classes and services


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