The Corporate Wellness Software Market was valued at USD 409.50 Million in 2022 and is projected to reach USD 714.31 Million by 2030, growing at a CAGR of 7.47% from 2022 to 2030.
Corporate Wellness Software Market Overview
Global Corporate Wellness Software Market Size, Status, and Forecast 2022-2030. In-depth research accumulated to offer the latest insights about acute features of the global Corporate Wellness Software market. This report provides a detailed overview of key factors in the Corporate Wellness Software Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Corporate Wellness Software in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of the COVID-19/Russia-Ukraine War on the regional economy.
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One of the company’s major priorities now is the wellbeing of its employees. Growing insights, data, and technology in the wellness sector motivate employees to maintain their health and influence the direction of workplace wellness initiatives. Therefore, one of the major factors fueling the market development during the forecast period is the rising adoption of employee wellness programmes across companies. The global increase in the prevalence of chronic diseases is also promoting the market development for enterprise health software. Employers are concentrating on creating wellness programmes that target and treat chronic conditions in an effort to cut costs.
Employee opposition to these programmes, however, often stems from a variety of factors, including private concerns, scepticism about the programmes’ value, and lack of faith in the employer’s capacity to manage them successfully. These issues are delaying the uptake of workplace wellness software, which is predicted to impede the market’s overall expansion.
Some of the key players profiled in the study are
MediKeeper, Wellness Layers, Alyfe Wellbeing Strategies, BSDI, Ceridian Lifeworks, Corporate Health Partners, Infinite Wellness Solutions, Sprout, Burner Fitness, Virgin Pulse, Rival Health, Protocol Driven Healthcare, Inc (PDHI), Privia Health Group, Inc. and Others, and others., and Others.
Corporate Wellness Software Market Segmentation:
On the Basis of Type:
- On-premise
- Cloud-based
On the Basis of Application:
- SMEs
- Large Enterprises
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
Regional Insights:
The largest portion of the worldwide corporate wellness software market is in North America. The growing knowledge of employee fitness is what is driving the market for employee wellness software. Additionally, the rising incidence of chronic illnesses, mental health issues, and substance abuse, particularly in conjunction with the region’s opioid epidemic, may be to blame for the rising demand for corporate wellness software among workers.
The enterprise health software market in Asia Pacific is being driven by significant factors like rising health consciousness, rising smartphone usage, and rising fitness app penetration. During the COVID-19 pandemic, the area also noticed a marked rise in the downloads of fitness apps. According to a WHO report, by 2020, there will be a 78% rise in the number of people using fitness and wellness apps. Additionally, the demand for business wellness software increases along with the labour force in emerging economies.
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Industry Development:
- In November 2021, Virgin Pulse announced the acquisition of Welltok. After Welltok’s acquisition, its activation engine and Virgin Pulse’s daily involvement platform will help the firms’ combined 4,100 worldwide employer, health plan, and health system clients achieve improved health outcomes and lower costs. Integrating Welltok’ customization and analytics abilities into Homebase for Health will provide clients and their respective demographics with substantially more value.
- In October 2021, Privia Health Group, Inc., a physician integration company announced that it has expanded its presence in Texas in collaboration with Abilene Diagnostic Clinic, a self-governing, multi-specialty group practice with more than 30 providers and five care center locations. Privia Health Group, Inc. has expanded its footprint in Texas by partnering with Abilene Diagnostic Clinic.
Table of Content of Corporate Wellness Software Market:
1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Corporate Wellness Software market (2022-2030).
2: Exclusive Summary – the basic information of the Global Corporate Wellness Software Market.
3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Corporate Wellness Software; Post COVID Analysis.
4: Presenting the Global Corporate Wellness Software Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
5: Displaying the by Type, End User and Region/Country 2017-2022.
6: Evaluating the leading manufacturers of the Global Corporate Wellness Software Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2030).
… To be continued
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Key Questions Answered in the Corporate Wellness Software Market Report:
- How much was the global Corporate Wellness Software market in 2022?
- How much will the global Corporate Wellness Software market worth in 2030?
- At what compound annual growth rate will the global Corporate Wellness Software market grow?
- Which segment is estimated to lead the Construction Robot market during the forecast period?
- What is the key market driver for the growth of the global Corporate Wellness Software market?
A wealth of financial data & business strategy information is provided including:
- Up-to-date company financials, sales & revenue figures.
- Revenue and market forecasts.
- Business model strategies for niche companies.
- A comprehensive explanation of company products, financials & portfolios.
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