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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 | Dec 2013

All good: Strong growth will continue as companies look to save on healthcare costs

The Corporate Wellness Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Health Fitness Corporation Health Fitness Corporation market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
5.6%
Annual Growth 13-18
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Profit
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Employment
16,850
Businesses
8,684
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 Products Chapter

Health assessments and screenings

Health assessments account for 22.5% of industry revenue. A health assessment provides a scientific measurement and interpretation of an employee's health, history and disease risk factors, and is usually the first step employers take when implementing corporate wellness programs. It typically involves a questionnaire to be completed by participants that asks about nutrition practices, height and weight, physical activity and exercise habits, family health history, personal stress perceptions, smoking history, and work satisfaction. It also involves a computerized program to evaluate the data and provides confidential reports to individuals and a group summary report of the aggregate assessment data to the employer... 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)ScreeningsNutritionWeight ManagementFitness ServicesOther servicesSmoking CessationStress Management
 
Industry Activities
Provide health assessments and screeningsProvide education on nutrition and other health related topicsProvide fitness classes and services


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