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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 | Feb 2016

All is well: 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
$8bn
Annual Growth 11-16
4.8%
Annual Growth 16-21
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Profit
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Employment
3,193
Businesses
549
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 Investment Chapter

The Corporate Wellness Services industry exhibits a moderate level of capital intensity. In 2016, for every dollar spent on labor, the industry incurs an estimated $0.24 in capital expenditures. Overall, the industry relies on employees to administer employee health screenings as well as lifestyle management and disease management services. In 2016, wages are expected to make up 3.3% of total revenue. Comparatively, depreciation is anticipated to comprise 0.8% of industry revenue. Typically, purchases include computer software required to perform health assessments and equipment for health screenings. In particular, equipment related to providing employees with biometric data (e.g... 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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