Authored By: Sarah
11 Oct 2023

Billion-Dollar US-Corporate Wellness Market Analysis 2023-2027|Discover, how market is impacted by rising healthcare costs and the need for employee productivity 

The US-Corporate Wellness Market is likely to experience steady growth and is a billion-dollar industry in the making because of the increasing need to combat rising healthcare costs and the need for improved employee productivity. Rising at a CAGR of 8.38%, the market is estimated to have an incremental growth of USD 6.12 Bn in the next five years.

Some of the leading companies such as Aduro LLC, Alphabet Inc., ComPsych Corp., Exos Works Inc., Interactive Health System LLC, Kinema Fitness, Laboratory Corp. of America Holdings, Link Group, Marino Wellness LLC, Practo Technologies Pvt. Ltd., Prepaid Technologies Company Inc., Privia Health Group Inc., Sodexo SA, The Cleveland Clinic Foundation, United HealthCare Services Inc., Virgin Pulse Inc., comes with wide range of offerings for the corporate employees.

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Sneak-Peak into Facts and Figures of US-Corporate Wellness Market

Technavio Senior Analyst Quoted~ "the increasing need to combat rising healthcare costs is notably driving the corporate wellness market advancement"

Corporate wellness programs utilize stress mapping techniques that assist human resource managers in identifying stress-triggering factors in the workplace and taking appropriate actions to reduce stress levels hence such health benefits and initiatives provided by organizations are expected to propel the growth of US-Corporate Wellness Market

When it comes to the market challenges poor engagement levels among employees and a lack of investments by organizations are expected to hinder the growth of the market. However, the Adoption of wearable technology and Increasing strategic collaborations and mergers and acquisitions (M and A) will have a positive impact on the US-Corporate Wellness Market as per the forecast.

Technavio’s recent analysis of "the US-Corporate Wellness Market includes a detailed examination of its revenue forecasts, including market drivers and challenges, key market participants, and growth opportunities along with a detailed study of the market segments in the US, geographically during the forecast period." Refer to our data-backed sample report on US-Corporate Wellness Market and discover more insights of the market in the region.

Technavio’s analysis of the US-Corporate Wellness Market also includes:

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will drive US-Corporate Wellness Market  growth during the next five years
  • Precise estimation of the US-Corporate Wellness Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the US-Corporate Wellness Market industry across 
  • A thorough analysis of the market’s competitive landscape
  • Comprehensive details of factors that will challenge the growth of US-Corporate Wellness Market
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