Major Players - U.S. Corporate Wellness Industry

Aug, 2023 - by CMI

Major Players - U.S. Corporate Wellness Industry

Corporate wellness is the effort made by an employer to foster a healthy work environment. By promoting a positive workplace culture, these programs aim to support and encourage a complete approach to employee well-being. Corporate wellness integrates wellness activities into employees' daily life to improve well-being.Due to the rising prevalence of chronic diseases and the COVID-19 (pandemic) outbreak in the nation, the corporate wellness market is quickly growing in the United States. Additionally, the market is projected to grow as a result of the increased focus on corporate wellness and growing employee health and well-being awareness. Market expansion is expected to be hampered by issues like sluggish acceptance, a lack of knowledge regarding remote labor, and increased employer surveillance.

The United States corporate wellness market is expected to grow at a CAGR of 9.4% between 2023 and 2030.

Prominent Companies in the U.S. Corporate Wellness Industry:

1. Ayco

Ayco was founded in 1971 and headquartered in Madrid, Spain. It operates in offices nationwide. In September 2021, Ayco proudly unveiled an updated digital platform. The updated platform offers the 1 million+ clients Ayco serves in Corporate America integrated online tools and resources as well as direct access to a financial coach—all targeted toward arming workers with the information and options they need to achieve financial wellness. Users receive free, individualized support from the moment they start working until they retire.

2. Aquila

Aquila was founded in 1902 and headquartered in  MissouriUnited States. It operated in 16 countries worldwide. In November 2022, Aquila, a pioneer in on-site fitness and wellness management services, announced that Manage HR magazine had named them one of the Top 10 Corporate Services Wellness Companies for 2022.

3. BSDI

BSDI was founded in 1991 and headquartered in U.S. It operated globally.

4. Aduro

  Aduro was founded in 2001 and headquartered in Washington, United States. It operates in the United States. For companies that want to assist employees in managing Type 2 diabetes, Aduro®, a provider of employee wellness solutions, has announced the launch of its new Aduro® Connect Care service in May 2022.

5. Active Wellness

Active Wellness was founded in 2014 and headquartered in California, United States. It operates in 59 countries. In February 2022, Active Wellness will debut its first network of medically integrated wellness centers.

6. Virgin Pulse

Virgin Pulse was founded in 2004 and headquartered in Rhode Island, United States. It operates across 190 countries. By October 2022, new tools and qualified guides will enable Virgin Pulse members to navigate the complex healthcare system with more assurance and financial control.

7. Compsych

Compsych was founded in 1984 and headquartered in Illinois, United States. It operates in over 140 countries. The winners of the 2022 Health @WorkSM Awards were revealed today by ComPsych®, the largest provider of behavioral health and well-being services worldwide. The customer awards, now in their 18th year, honor companies who use cutting-edge, multi-platform initiatives to enhance the health and wellbeing of their personnel.

8. Provant Health Solutions

Provant Health Solutions was founded in 2001 and headquartered in Rhode Island, United States. It operates nationwide. In October 2018, the top provider of diagnostic information services in the world, Quest Diagnostics (NYSE: DGX), revealed that its subsidiary, Summit Health Inc. ("Summit"), had successfully acquired the assets of Hooper Holmes, Inc. d/b/a Provant Health (OTCMKTS: HPHWQ), a company that offers employer health and wellness services with a focus on whole-person wellness and care cost management.

9. American Specialty Health

American Specialty Health was founded in 1987 and headquartered in California, United States. It operates nationwide.

10.  Wellness Corporate Solutions

Wellness Corporate Solutions was founded in 2004 and headquartered in Maryland, United States. It operates in the country.

*Definition: Corporate wellness initiatives are a group of regulations, plans, and benefits that focus on a range of risks and illnesses that affect both workers and the company as a whole.

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