The Corporate Wellness Services industry experienced growth over the five years to 2017 as many businesses purchased wellness programs to help lower their healthcare costs. In response to the obesity epidemic, which may increase employer-mandated health insurance costs, many businesses have implemented biometric screening services. During the five-year period to 2022, industry revenue is forecast to grow. Outside studies have shown that wellness programs are a key differentiator for employee recruitment, which will incite some businesses to purchase wellness services to bolster employee retention rates.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.