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Showing posts with the label Corporate Wellness Market Report

Corporate Wellness Market To Be A 12.56 Billion Dollar Industry By 2024

The global corporate wellness market was valued at USD 5.76 billion in 2016 and is predicted to expand at a growing CAGR of 5.36% from 2017 to 2024, to reach an estimated value of USD 12.56 billion by 2024, according to the Goldstein Research Analysts. Analysts predicted that programs within North America and Europe are likely to post the highest revenue, due to high health care expenditures and the availability of a wide range of providers of corporate wellness services. Various organizations across the globe have initiating wellness programs for disease prevention and productivity improvement. Harvard economists concluded, absenteeism costs to fall by USD 2.73 for every dollar spent on wellness programs that will encourage the employees to adopt a healthier lifestyle to improve their productivity & life quality. Government support, favorable rules and regulations and presence of service providers tends to have a positive impact on the corporate wellness market in APAC in th...