U.S. CORPORATE WELLNESS MARKET ANALYSIS

U.S. Corporate Wellness MarketSize and Trends

The U.S. Corporate wellness market was valued at US$ 12.28 Bn in 2022 and is forecast to reach a value of US$ 25.12 Bn by 2030 at a CAGR of 9.4% between 2023 and 2030.

U.S. Corporate Wellness Market Trends:

Rise in focus on stress management is a recent trend

Businesses and organizations are focusing on employee stress management due to extended work hours, heavy workloads, and work pressure that create mental and physical repercussions, such as heart attacks, hypertension, and the feeling of instability in employees. According to the American Psychological Association's Work and Well-being Survey of around 1,501 US adult workers, over 79% of employee’s experienced work-related stress, and 3 out of 5 workers cited a negative effects of work-related stress. This trend is expected to continue over the forecast period.

Rise in adoption of corporate wellness programs is another trend

Prioritizing mental, physical, and emotional health in the workplace is crucial for the well-being of the workforce. Corporate wellness programs can offer several benefits such as reduce healthcare costs, improve satisfaction & retention, and increase productivity. According to UnitedHealthcare Wellness Checkup survey (2019), US employees were expected to invest an average of more than US$ 3.6 million in their respective wellness/wellbeing programs. This trend is expected to continue over the forecast period, driving the growth of the market.