SEARCH   
MEMBER LOGIN    
Forgot Password?

Corporate Wellness Services: Market Research Report

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

Corporate Wellness Services Market Research Report | NAICS OD4621 | Jul 2016

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

IBISWorld’s Corporate Wellness Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 11-16
0.6%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
77,535
Businesses
976
Industry Threats & Opportunities
  • Companies will increasingly look to wellness services to reduce healthcare costs
  • The efficacy of industry services is largely dependent on employee participation rates
  • Profit is expected to rise as businesses expand the scope of their corporate wellness programs
  • ... purchase to read more

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 - Starting a New Business Chapter

The Corporate Wellness Services industry has moderate barriers to entry. While start-up capital outlay expenditures are low for potential industry entrants, the industry is still labor-intensive. For example, new industry entrants need to hire nutritionists, physical trainers and employees to both administer screenings and analyze data (e.g. biometric data), which adds to barriers for the industry. Overall, due to employees typically needing certifications and training, wages account for a significant expense for new entrants. Over the past five years, many businesses have preferred to purchase services from corporate wellness companies that could demonstrate the return on investment for wellness services. As a result, this trend has added to the industry's barriers to entry.

.. ... purchase to read more

Additional Insights for the Corporate Wellness Services Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Corporate Wellness Services Industry are

  • Ability to alter goods and services produced in favor of market conditions
  • Provision of superior after sales service
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Number of people with private health insurance in the Corporate Wellness Services industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    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


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Number of people with private health insurance
  • Healthy eating index
  • External competition
  • Number of employees
  • Current Performance
  • Businesses aim to cut healthcare costs
  • External competition
  • Chart: Revenue Growth
  • Industry Outlook
  • Regulatory framework
  • Industry structure
  • Table: Corporate Wellness Services Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Corporate Wellness Services Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Management of Companies and Enterprises
  • Human Resources & Benefits Administration
  • Public Administration
  • Consumers
  • Key Selling Industries
  • Accounting Services
  • Medical Device Manufacturing
  • Printing
  • Software Publishing
  • Weight Loss Services
  • Products & Services
  • Health Risk Assessments (HRAs)
  • Nutrition and weight management
  • Smoking cessation
  • Fitness services
  • Alcohol and drug abuse services
  • Stress management
  • Health education services
  • Other services
  • Chart: Corporate Wellness Services Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Large private sector businesses
  • Mid-size private sector businesses
  • Public sector
  • Small private sector businesses
  • Nonprofit organizations
  • Chart: Major Market Segmentation for the Corporate Wellness Services Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Corporate Wellness Services
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Corporate Wellness Services Industry
  • Industry Globalization
    Major Companies
    ComPsych
  • Table: ComPsych - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Corporate Wellness Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Corporate Wellness Services Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Corporate profit (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Brick-And-Mortar Store
  • A store that has a physical presence and location, as opposed to an online retailer.
  • Health Assessment
  • An evaluation of the health status of an individual by performing a physical examination after obtaining a health history.
  • Mom-And-Pop Store
  • A business that is owned and operated in a single location with few or no employees other than the owner or owners.
  • Obesity
  • A medical condition in which excess body fat has accumulated to the extent that it may have an adverse effect on health.
  • Spinning
  • A form of high-intensity exercise using a stationary exercise bicycle.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Corporate Wellness Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Corporate Wellness Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Corporate Wellness Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top