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The Demand for Corporate Wellness in the US is Booming. Total Spending to Reach USD 23 Billion by 2027. Financial Wellness Programs the Next Big Thing in the Market

December 8, 2022
Reading Time:4 mins read
The Demand for Corporate Wellness in the US is Booming. Total Spending to Reach USD 23 Billion by 2027. Financial Wellness Programs the Next Big Thing in the Market

CHICAGO, Dec. 7, 2022 /PRNewswire/ — According to Arizton’s latest research report, the U.S. corporate wellness market will grow at a CAGR of 12.27% from 2021-2027. The growing role of wellness champions, the use of technology to improve outcomes and the growing reign of artificial intelligence are some of the latest trends driving the market. Corporate profits that recorded an uptick after a long period of sluggish growth are also fueling the adoption of wellness programs. This puts employees in a better place in terms of being able to allocate budgets for corporate wellness programs. Therefore, the corporate wellness market in the US is expected to witness growth during the forecast period. Vendors are also looking at new ways to deliver these programs using the potential of digital technology to host virtual screenings and offer information via company portals.

U.S. Corporate Wellness Market
U.S. Corporate Wellness Market

The U.S. Corporate Wellness Market Report Scope

Report Attributes

Details

Market Size (2027)

USD 22.65 Billion

Market Size (2021)

USD 11.31 Billion

CAGR (2021-2027)

12.27 %

Base Year

2021

Forecast Year

2022-2027

Market Segments

Program, Revenue Model, Delivery Model, Incentive Programs, Type, Industry, and End-User

Geographical Analysis

The U.S. (South, West, Midwest, and Northeast)

Key Leading Companies

Compsych, Wellness Corporate Solutions, Virgin Pulse, Provant Health Solutions, Active Wellness, Aduro, Alyfe…

Read more ➤
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