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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 | Mar 2015

All is well: Companies looking to cut healthcare costs will look toward operators that prove positive ROI

IBISWorld’s Corporate Wellness Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 10-15
6.0%
Annual Growth 15-20
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Profit
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Employment
44,209
Businesses
5,655
Industry Analysis & Industry Trends

The Corporate Wellness Services industry has experienced robust growth over the past five years. During the five years to 2020, industry revenue is forecast to exhibit strong growth. According to a 2012-2013 Health Care Reform study by Willis, a majority of businesses surveyed reported that they planned on expanding the scope of their wellness programs, which will provide opportunities for the industry over the next five years.... purchase to read more

Industry Report - Industry Investment Chapter

The Corporate Wellness Services industry exhibits a low level of capital intensity. In 2015, for every dollar spent on labor, the industry incurs about $0.09 in capital expenditures. Overall, the industry is human capital-intensive, thanks to the industry relying on employees to administer employee health screenings as well as lifestyle management and disease management services. In 2015, wages are expected to make up the largest expense for the industry, with 30.7% of total revenue. Comparatively, depreciation is anticipated to comprise 2.7% 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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