Market Overview:
UK corporate wellness market size is projected to exhibit a growth rate (CAGR) of 4.50% during 2024-2032. The increasing integration of technology, such as wearable devices and health tracking apps, which has made it easier for employers to implement and manage wellness programs, is driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
4.50% |
Corporate wellness refers to programs and initiatives implemented by businesses to promote the overall health and well-being of their employees. These programs typically encompass a range of activities and services aimed at improving physical fitness, mental health, and overall lifestyle habits among the workforces. Corporate wellness initiatives may include fitness challenges, nutritional counseling, stress management workshops, and access to gym facilities. The goal is to create a healthier and more productive work environment by addressing various aspects of employee well-being. Companies invest in corporate wellness not only to enhance employee health and job satisfaction but also to reduce healthcare costs and absenteeism and improve overall productivity. These initiatives acknowledge the interconnectedness of employee health and organizational success, fostering a culture that prioritizes the holistic well-being of the workforce.
UK Corporate Wellness Market Trends:
The corporate wellness market in the UK is witnessing unprecedented growth, primarily driven by a confluence of factors that underscore the rising importance of employee well-being. Firstly, in today's competitive business landscape, organizations recognize that a healthy workforce is a productive workforce. Consequently, companies are increasingly investing in comprehensive wellness programs to enhance employee health and performance. Moreover, the growing awareness of the link between employee well-being and overall business success is steering corporations toward adopting proactive wellness initiatives. In addition to this, the shift towards remote and flexible work arrangements has accentuated the need for holistic wellness solutions. As employees navigate the challenges of remote work, companies are implementing wellness programs to address physical and mental health concerns. Furthermore, the regional focus on preventive healthcare is fostering a conducive environment for the corporate wellness market. Organizations are embracing wellness as a strategic imperative, not only to reduce healthcare costs but also to attract and retain top talent. The integration of technology into wellness programs, such as wearable devices and health-tracking apps, is yet another driver propelling the corporate wellness market forward. These tech-driven solutions provide personalized insights, empowering employees to take charge of their health. In conclusion, the corporate wellness market in the UK is flourishing due to a synergistic interplay of factors that prioritize employee well-being as a cornerstone of corporate success.
UK Corporate Wellness Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on service, category, delivery, and organization size.
Service Insights:
- Health Risk Assessment
- Fitness
- Smoking Cessation
- Health Screening
- Nutrition and Weight Management
- Stress Management
- Others
The report has provided a detailed breakup and analysis of the market based on the service. This includes health risk assessment, fitness, smoking cessation, health screening, nutrition and weight management, stress management, and others.
Category Insights:
- Fitness and Nutrition Consultants
- Psychological Therapists
- Organizations/Employers
A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes fitness and nutrition consultants, psychological therapists, and organizations/employers.
Delivery Insights:
The report has provided a detailed breakup and analysis of the market based on the delivery. This includes onsite and offsite.
Organization Size Insights:
- Small Scale Organizations
- Medium Scale Organizations
- Large Scale Organizations
A detailed breakup and analysis of the market based on the organization size have also been provided in the report. This includes small scale organizations, medium scale organizations, and large scale organizations.
Regional Insights:
- London
- South East
- North West
- East of England
- South West
- Scotland
- West Midlands
- Yorkshire and The Humber
- East Midlands
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
UK Corporate Wellness Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Service
- Category
- Delivery
- Organization Size
- Region
|
Services Covered |
Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition and Weight Management, Stress Management, Others |
Categories Covered |
Fitness and Nutrition Consultants, Psychological Therapists, Organizations/Employers |
Deliveries Covered |
Onsite, Offsite |
Organization Sizes Covered |
Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations |
Regions Covered |
London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate User License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the UK corporate wellness market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the UK corporate wellness market?
- What is the breakup of the UK corporate wellness market on the basis of service?
- What is the breakup of the UK corporate wellness market on the basis of category?
- What is the breakup of the UK corporate wellness market on the basis of delivery?
- What is the breakup of the UK corporate wellness market on the basis of organization size?
- What are the various stages in the value chain of the UK corporate wellness market?
- What are the key driving factors and challenges in the UK corporate wellness?
- What is the structure of the UK corporate wellness market and who are the key players?
- What is the degree of competition in the UK corporate wellness market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UK corporate wellness market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the UK corporate wellness market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UK corporate wellness industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.