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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
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Profit
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Employment
77,535
Businesses
976
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 Products Chapter

Health assessments and screenings

In 2016, health assessments are expected to account for 17.7% of industry revenue. Typically, health assessments include measuring and interpreting an employee's health, history and disease factors. Overall, this product segment is commonly the first step employers take when implementing corporate wellness programs. First, corporate wellness companies may administer a questionnaire for participants, which includes questions related to nutrition, height and weight, physical activity and exercise habits, family health history, personal stress levels, smoking history and work satisfaction. Then, corporate wellness companies evaluate the data to provide employees with health reports and employers with an aggregate assessment of employee health.

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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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