Corporate Wellness Solutions are designed to assist and motivate a holistic method to employee wellbeing by generating an organization culture of health. Proposing a corporate wellness solution that enlarges beyond the traditional wellness programs cultivates profitable habits amongst the workforce populace and advanced the health outcomes, all while growing productivity, optimizing the human resource contributions and booming the employee engagement.
In addition, corporate wellness is becoming an important portion
of an organization due to the increasing incidents of depression, hypertension,
and several other chronic diseases amongst employees. The physical, mental, and
financial health of the employees can be advanced through corporate wellness
programs. Healthy employees will take fewer sick days which provides more
productive output. The augment in the countless initiatives taken by the
Government such as health screening programs for employees is projected to lead
the corporate wellness market growth.
According to the report analysis, ‘Corporate
Wellness Solution Market: Current Analysis and Forecast (2021-2027)’ states
that the requirement for Corporate Wellness solutions is majorly growing on
account of the enhanced uptake of technology-powered corporate wellness
solutions, growing implementation of corporate wellness programs by employers,
and the proficient burden of mental health and chronic lifestyle syndromes in
the organizations. For instance, as per the World Health Organization (2020),
Depression is the leading cause of disability around the world, and more than
264 million individuals suffer from depression around the globe.
Based on End-user, the market is segmented into Small Scale
Organizations, Medium Scale Organizations, Large Scale Organizations, and several
others. The large-scale organizations registered the end-use sector in 2020 and
are projected to account the greatest CAGR during the upcoming period. The growth
in the pervasiveness of cigarette smoking is causing a burden on the health of
employees functioning in any organization, and as per the American Lung
Association, cigarette smoking kills more than 480,000 Americans each year. Countless
smoking cessation programs have been improved to make the employees quit
smoking.
For instance, American Lung Association's greatly effective smoking
cessation program is utilized by employers, hospitals, health plans, and several
other organizations to support individuals quit smoking. When collective with
smoking cessation medications, up to xx% of participants report resigning
smoking by the end of the program. Not only has this, the growth in the
corporate wellness solutions market is propelled by increasing implementation
of corporate wellness programs by employers, augmented uptake of
technology-powered corporate wellness solution and considerable burden of the
chronic lifestyle syndromes and mental health in organizations. Therefore, in
the near years, it is predicted that the market of corporate wellness solutions
will increase around the globe more actively over the near future.
For More Information, refer to below link:-
Global
Corporate
Wellness Solution Market
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