Table of Content

1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 25
1.2.1 INCLUSIONS AND EXCLUSIONS 25
1.3 MARKET SCOPE 25
1.3.1 MARKETS COVERED 25
FIGURE 1 CORPORATE WELLNESS SOLUTIONS MARKET SEGMENTATION 25
FIGURE 2 CORPORATE WELLNESS SOLUTIONS MARKET, BY REGION 26
1.3.2 YEARS CONSIDERED FOR THE STUDY 26
1.4 CURRENCY 26
TABLE 1 STANDARD CURRENCY CONVERSION RATES 27
1.5 STAKEHOLDERS 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH APPROACH 28
2.2 RESEARCH METHODOLOGY DESIGN 28
FIGURE 3 CORPORATE WELLNESS SOLUTIONS MARKET: RESEARCH DESIGN 28
2.2.1 SECONDARY RESEARCH 29
2.2.1.1 Key data from secondary sources 30
2.2.2 PRIMARY DATA 31
FIGURE 4 PRIMARY SOURCES 31
2.2.2.1 Key data from primary sources 32
2.2.2.2 Insights from primary experts 32
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS 33
FIGURE 6 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY,
DESIGNATION, AND REGION 33
2.3 MARKET SIZE ESTIMATION 34
FIGURE 7 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 34
FIGURE 8 REVENUE SHARE ANALYSIS ILLUSTRATION 35
FIGURE 9 REVENUE ANALYSIS OF THE TOP 3 PUBLIC COMPANIES: CORPORATE WELLNESS SOLUTIONS MARKET (2020) 35
FIGURE 10 BOTTOM-UP APPROACH: END-USER ADOPTION/CONSUMPTION OF CORPORATE WELLNESS SERVICES (US) 36
FIGURE 11 BOTTOM-UP APPROACH: END-USER ADOPTION/CONSUMPTION OF CORPORATE WELLNESS SERVICES (EUROPE) 37
FIGURE 12 BOTTOM-UP APPROACH: END-USER ADOPTION/CONSUMPTION OF HEALTH RISK ASSESSMENT SOLUTIONS (US) 38
FIGURE 13 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE CORPORATE WELLNESS SOLUTIONS MARKET (2021–2026) 40
FIGURE 14 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 41
FIGURE 15 TOP-DOWN APPROACH 41
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 42
FIGURE 16 DATA TRIANGULATION METHODOLOGY 42
2.5 MARKET SHARE ESTIMATION 43
2.6 ASSUMPTIONS FOR THE STUDY 43
2.7 LIMITATIONS 44
2.7.1 METHODOLOGY-RELATED LIMITATIONS 44
2.7.2 SCOPE-RELATED LIMITATIONS 44
2.8 RISK ASSESSMENT 45
TABLE 2 RISK ASSESSMENT: CORPORATE WELLNESS SOLUTIONS MARKET 45
3 EXECUTIVE SUMMARY 46
FIGURE 17 CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING,
2021 VS. 2026 (USD BILLION) 46
FIGURE 18 CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2021 VS. 2026 (USD BILLION) 47
FIGURE 19 GEOGRAPHIC SNAPSHOT: CORPORATE WELLNESS SOLUTIONS MARKET 48
4 PREMIUM INSIGHTS 49
4.1 CORPORATE WELLNESS SOLUTIONS MARKET OVERVIEW 49
FIGURE 20 INCREASED UPTAKE OF TECHNOLOGY-POWERED CORPORATE WELLNESS SOLUTIONS RESPONSIBLE FOR MARKET GROWTH 49
4.2 NORTH AMERICA: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING 50
FIGURE 21 IN NORTH AMERICA, LARGE ORGANIZATIONS COMMANDED THE LARGEST SHARE IN THE CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, IN 2020 50
4.3 CORPORATE WELLNESS SOLUTIONS MARKET: GEOGRAPHIC MIX 51
FIGURE 22 CHINA TO WITNESS THE HIGHEST GROWTH IN THE CORPORATE WELLNESS SOLUTIONS MARKET DURING THE FORECAST PERIOD 51
4.4 REGIONAL MIX: CORPORATE WELLNESS SOLUTIONS MARKET 52
FIGURE 23 NORTH AMERICA DOMINATED THE MARKET IN 2020 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
FIGURE 24 CORPORATE WELLNESS SOLUTIONS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 53
5.2.1 MARKET DRIVERS 54
5.2.1.1 Rising adoption of corporate wellness programs 54
FIGURE 25 US: PERCENTAGE OF FIRMS PROVIDING HEALTH RISK ASSESSMENT SOLUTIONS (AMONG FIRMS OFFERING HEALTH BENEFITS), 2015–2019 54
5.2.1.2 Technology-powered corporate wellness solutions 55
FIGURE 26 US: PERCENTAGE OF FIRMS PROVIDING EMPLOYEES WITH WEARABLE TECHNOLOGIES AS PART OF THEIR HEALTH IMPROVEMENT PROGRAM,
BY FIRM SIZE, 2019 55
5.2.1.3 Substantial burden of chronic lifestyle diseases and mental health issues in organizations 55
FIGURE 27 TOTAL HEALTH EXPENDITURE ON DIABETES (USD MILLION), BY REGION, 2019 56
FIGURE 28 PERCENTAGE OF SMALL AND LARGE FIRMS OFFERING CORPORATE WELLNESS PROGRAMS IN THE US, 2019 57
5.2.2 MARKET RESTRAINTS 58
5.2.2.1 Dearth of qualified and licensed professionals to support corporate wellness programs 58
5.2.3 MARKET OPPORTUNITIES 58
5.2.3.1 Increased focus on employee health and wellbeing driven by the COVID-19 pandemic 58
5.2.3.2 Emerging countries with a large working population 59
5.2.4 MARKET CHALLENGES 59
5.2.4.1 Low employee engagement and participation in corporate wellness programs 59
5.2.4.2 Budgetary constraints 59
5.2.4.3 Adoption of internal employer-led wellness programs through benefits packages and perks 60
5.3 SCENARIOS: PESSIMISTIC, REALISTIC, AND OPTIMISTIC 60
5.3.1 CORPORATE WELLNESS SOLUTIONS MARKET 60
5.4 COVID-19 IMPACT ANALYSIS 61
5.4.1 COVID-19 HEALTH ASSESSMENT 61
5.5 COVID-19 ECONOMIC ASSESSMENT 61
5.6 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 61
FIGURE 29 CRITERIA IMPACTING THE GLOBAL ECONOMY 62
5.7 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE CORPORATE WELLNESS SOLUTIONS MARKET 63
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) 64
5.8.1 CORPORATE WELLNESS SOLUTIONS MARKET 64
5.8.1.1 Revenue sources are shifting towards more technology-based solutions due to the COVID-19 pandemic 64
FIGURE 30 REVENUE SHIFT IN THE CORPORATE WELLNESS SOLUTIONS MARKET 64
5.9 AVERAGE SELLING PRICE TREND 64
TABLE 3 AVERAGE PRICING OF CORPORATE WELLNESS SERVICE OFFERINGS,
BY REGION (USD) 65
5.10 ECOSYSTEM/MARKET MAP 65
TABLE 4 CORPORATE WELLNESS SOLUTIONS MARKET: ECOSYSTEM 65
5.11 PATENT ANALYSIS: BIOMETRIC SCREENING 66
FIGURE 31 LIST OF MAJOR PATENTS FOR BIOMETRIC SCREENING 66
5.12 CASE STUDY ANALYSIS 67
5.12.1 CASE STUDY 1: CORPORATE WELLNESS PROGRAMS LOWERING
THE RISK OF CHRONIC DISEASES IN EMPLOYEES 67
5.12.2 CASE STUDY 2: WORKPLACE MENTAL HEALTH STRATEGY 67
5.13 TECHNOLOGICAL ANALYSIS: WEARABLE TECHNOLOGY 67
5.13.1 KEY TECHNOLOGY 67
5.13.2 COMPLEMENTARY TECHNOLOGY 67
5.13.2.1 Medical wearable technology 67
5.13.3 ADJACENT TECHNOLOGY 68
5.13.3.1 IoT (Internet of Things) in healthcare 68
5.14 REGULATORY LANDSCAPE 68
5.14.1 NORTH AMERICA 68
5.14.2 EUROPE 69
5.15 PORTER’S FIVE FORCES ANALYSIS 70
FIGURE 32 PORTER’S FIVE FORCES ANALYSIS (2020): CORPORATE WELLNESS SOLUTIONS MARKET 70
TABLE 5 CORPORATE WELLNESS SOLUTIONS MARKET: PORTER’S FIVE FORCES ANALYSIS 70
5.15.1 THREAT FROM NEW ENTRANTS 71
5.15.1.1 Growth in the overall corporate wellness solutions industry 71
5.15.1.2 High labor intensity of the market 71
5.15.2 THREAT FROM SUBSTITUTES 71
5.15.2.1 Internal wellness programs designed by HR departments 71
5.15.2.2 Gyms and health clubs offering corporate wellness programs 71
5.15.3 BARGAINING POWER OF SUPPLIERS 71
5.15.3.1 Price sensitivity of the market 71
5.15.3.2 Large number of market players 71
5.15.4 BARGAINING POWER OF BUYERS 72
5.15.4.1 Low differentiation between service offerings and low switching costs 72
5.15.5 INTENSITY OF COMPETITIVE RIVALRY 72
5.15.5.1 Similar services offered by market players 72
6 CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING 73
6.1 INTRODUCTION 74
TABLE 6 CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING,
2019–2026 (USD MILLION) 74
TABLE 7 CORPORATE WELLNESS SOLUTIONS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 75
6.2 HEALTH RISK ASSESSMENT 75
6.2.1 RISING ADOPTION OF HEALTH RISK ASSESSMENT SERVICES DUE TO THE COVID-19 PANDEMIC TO BOOST THE GROWTH OF THIS SEGMENT 75
TABLE 8 CORPORATE WELLNESS SOLUTIONS MARKET FOR HEALTH RISK ASSESSMENT, BY COUNTRY, 2019–2026 (USD MILLION) 77
6.3 NUTRITION AND WEIGHT MANAGEMENT 77
6.3.1 GROWING FOCUS ON NUTRITION AND WEIGHT MANAGEMENT BY EMPLOYERS TO REDUCE HEALTH RISK IN EMPLOYEES TO PROMOTE GROWTH IN THIS SEGMENT 77
TABLE 9 US: PERCENTAGE OF FIRMS OFFERING PROGRAMS TO LOSE WEIGHT (2019) 78
TABLE 10 NUTRITION AND WEIGHT MANAGEMENT SERVICES PROVIDED FOR CORPORATE WELLNESS PROGRAMS 78
TABLE 11 CORPORATE WELLNESS SOLUTIONS MARKET FOR NUTRITION AND WEIGHT MANAGEMENT, BY COUNTRY, 2019–2026 (USD MILLION) 79
6.4 SMOKING CESSATION SERVICES 79
6.4.1 REDUCED HEALTHCARE COSTS WITH SMOKING CESSATION TO BOOST THE UPTAKE OF THESE SERVICES BY ORGANIZATIONS 79
TABLE 12 CORPORATE WELLNESS SOLUTIONS MARKET FOR SMOKING CESSATION SERVICES, BY COUNTRY, 2019–2026 (USD MILLION) 80
6.5 FITNESS SERVICES 80
6.5.1 RISING POPULARITY OF WEARABLE DEVICES IN CORPORATE FITNESS PROGRAMS DRIVING GROWTH IN THIS SEGMENT 80
TABLE 13 CORPORATE WELLNESS SOLUTIONS MARKET FOR FITNESS SERVICES,
BY COUNTRY, 2019–2026 (USD MILLION) 81
6.6 BIOMETRIC SCREENING 81
6.6.1 INCENTIVIZED BIOMETRIC SCREENING PROGRAMS MAY BOOST THE GROWTH OF THIS SEGMENT 81
FIGURE 33 US: PERCENTAGE OF FIRMS OFFERING BIOMETRIC SCREENING (AMONG THOSE OFFERING HEALTH BENEFITS) IN THE US, BY FIRM SIZE (2019) 82
TABLE 14 CORPORATE WELLNESS SOLUTIONS MARKET FOR BIOMETRIC SCREENING, BY COUNTRY, 2019–2026 (USD MILLION) 82
6.7 ALCOHOL AND SUBSTANCE ABUSE SERVICES 83
6.7.1 RISING INCIDENCE OF ALCOHOL & SUBSTANCE ABUSE IN THE COVID-19 PANDEMIC TO PROMOTE THE GROWTH OF THIS SEGMENT 83
FIGURE 34 US: PERCENTAGE OF FIRMS TAKING VARIOUS ACTIONS IN RESPONSE TO THE OPIOID CRISIS IN THE US, BY FIRM SIZE (2019) 83
TABLE 15 CORPORATE WELLNESS SOLUTIONS MARKET FOR ALCOHOL AND SUBSTANCE ABUSE SERVICES, BY COUNTRY, 2019–2026 (USD MILLION) 84
6.8 MENTAL/BEHAVIORAL HEALTH MANAGEMENT 84
6.8.1 PHONE/VIDEO COUNSELING AND WELLNESS PLATFORMS ENCOURAGE THE ADOPTION OF CORPORATE WELLNESS PROGRAMS FOCUSING ON MENTAL HEALTH MANAGEMENT 84
TABLE 16 CORPORATE WELLNESS SOLUTIONS MARKET FOR MENTAL/BEHAVIORAL HEALTH MANAGEMENT, BY COUNTRY, 2019–2026 (USD MILLION) 85
6.9 HEALTH EDUCATION SERVICES 85
6.9.1 HEALTH EDUCATION IS THE CORE AND KEY TO THE SUCCESS OF ANY CORPORATE WELLNESS PROGRAM?A KEY FACTOR DRIVING MARKET GROWTH 85
TABLE 17 CORPORATE WELLNESS SOLUTIONS MARKET FOR HEALTH EDUCATION SERVICES, BY COUNTRY, 2019–2026 (USD MILLION) 86
6.10 VIRTUAL CARE/CONSULTATION SERVICES 86
6.10.1 RISING ADOPTION AND COVERAGE OF VIRTUAL CARE/CONSULTATION IN HEALTH BENEFIT PROGRAMS BY EMPLOYERS TO BOOST THE GROWTH OF THIS MARKET 86
TABLE 18 CORPORATE WELLNESS SOLUTIONS MARKET FOR VIRTUAL CARE/CONSULTATION SERVICES, BY COUNTRY, 2019–2026 (USD MILLION) 87
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6.11 EMPLOYEE ASSISTANCE PROGRAMS 87
6.11.1 NEED TO ENSURE HOLISTIC WELLBEING OF EMPLOYEES DRIVES THE GROWTH OF THIS SEGMENT 87
TABLE 19 EXAMPLES OF EMPLOYEE ASSISTANCE PROGRAMS PROVIDED BY CORPORATE WELLNESS SOLUTIONS MARKET PLAYERS 88
TABLE 20 CORPORATE WELLNESS SOLUTIONS MARKET FOR EMPLOYEE ASSISTANCE PROGRAMS, BY COUNTRY, 2019–2026 (USD MILLION) 88
6.12 HEALTH BENEFIT PROGRAMS 89
6.12.1 NEED FOR SEAMLESS NAVIGATION OF HEALTH BENEFITS BY EMPLOYEES PROPELLING THE GROWTH OF THIS SEGMENT 89
TABLE 21 EXAMPLES OF HEALTH BENEFIT PROGRAMS PROVIDED BY CORPORATE WELLNESS SOLUTIONS MARKET PLAYERS 89
TABLE 22 CORPORATE WELLNESS SOLUTIONS MARKET FOR HEALTH BENEFIT PROGRAMS, BY COUNTRY, 2019–2026 (USD MILLION) 89
7 CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER 90
7.1 INTRODUCTION 91
TABLE 23 CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 91
7.2 LARGE ORGANIZATIONS 91
7.2.1 HIGH UTILIZATION OF WORKPLACE WELLNESS PROGRAMS AND FAVORABLE INCENTIVIZATION TO PROMOTE THE GROWTH OF THIS SEGMENT 91
FIGURE 35 US: PERCENTAGE OF FIRMS IN THE US OFFERING INCENTIVES FOR PARTICIPATION IN CORPORATE WELLNESS PROGRAMS, BY FIRM SIZE (2019) 92
TABLE 24 CORPORATE WELLNESS SOLUTIONS MARKET FOR LARGE ORGANIZATIONS, BY COUNTRY, 2019–2026 (USD MILLION) 92
7.3 MEDIUM-SIZED ORGANIZATIONS 93
7.3.1 RISING AWARENESS OF BENEFITS AND RETURNS ON INVESTMENT OF WELLNESS PROGRAMS TO BOOST THE GROWTH OF THIS END-USER SEGMENT 93
TABLE 25 CORPORATE WELLNESS SOLUTIONS MARKET FOR MEDIUM-SIZED ORGANIZATIONS, BY COUNTRY, 2019–2026 (USD MILLION) 93
7.4 SMALL ORGANIZATIONS 94
7.4.1 RISING AFFORDABILITY AND FAVORABLE PAYMENT MODELS TO BOOST THE GROWTH OF THIS SEGMENT 94
TABLE 26 CORPORATE WELLNESS SOLUTIONS MARKET FOR SMALL ORGANIZATIONS, BY COUNTRY, 2019–2026 (USD MILLION) 94
8 CORPORATE WELLNESS SOLUTIONS MARKET, BY REGION 95
8.1 INTRODUCTION 96
FIGURE 36 GEOGRAPHIC SNAPSHOT OF THE CORPORATE WELLNESS SOLUTIONS MARKET 96
TABLE 27 CORPORATE WELLNESS SOLUTIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 96
8.2 NORTH AMERICA 97
FIGURE 37 NORTH AMERICA: CORPORATE WELLNESS SOLUTIONS MARKET SNAPSHOT 98
TABLE 28 NORTH AMERICA: CORPORATE WELLNESS SOLUTIONS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 99
TABLE 29 NORTH AMERICA: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 99
TABLE 30 NORTH AMERICA: CORPORATE WELLNESS SOLUTIONS MARKET,
BY END USER, 2019–2026 (USD MILLION) 100
8.2.1 US 100
8.2.1.1 Increasing prevalence of chronic disease and the rising opioid crisis to drive growth in the corporate wellness solutions market in the US 100
TABLE 31 US: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 101
TABLE 32 US: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 101
8.2.2 CANADA 102
8.2.2.1 Increasing mental health issues and substance abuse fueled by the COVID-19 pandemic to drive the demand for corporate wellness solutions in Canada 102
TABLE 33 CANADA: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 102
TABLE 34 CANADA: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, 2019–2026 (USD MILLION) 103
8.3 EUROPE 103
TABLE 35 EUROPE: CORPORATE WELLNESS SOLUTIONS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 104
TABLE 36 EUROPE: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 104
TABLE 37 EUROPE: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, 2019–2026 (USD MILLION) 105
8.3.1 GERMANY 105
8.3.1.1 High prevalence of obesity and growing burden of substance abuse to increase the adoption of corporate wellness solutions in Germany 105
TABLE 38 GERMANY: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 106
TABLE 39 GERMANY: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, 2019–2026 (USD MILLION) 106
8.3.2 FRANCE 107
8.3.2.1 Growing absenteeism due to poor physical and mental wellbeing of employees to drive market growth in France 107
TABLE 40 FRANCE: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 107
TABLE 41 FRANCE: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, 2019–2026 (USD MILLION) 108
8.3.3 UK 108
8.3.3.1 Increasing work stress and the growing prevalence of obesity in the country to boost the demand for employee health and wellness solutions 108
TABLE 42 UK: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 109
TABLE 43 UK: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 109
8.3.4 ITALY 109
8.3.4.1 Growing demand for virtual care/consultation services in the country to drive market growth 109
TABLE 44 ITALY: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 110
TABLE 45 ITALY: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 110
8.3.5 SPAIN 111
8.3.5.1 High incidence of obesity and heart disease to drive the demand for nutrition and weight management and fitness services in Spain 111
TABLE 46 SPAIN: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 111
TABLE 47 SPAIN: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 112
8.3.6 REST OF EUROPE 112
TABLE 48 ROE: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 113
TABLE 49 ROE: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 113
8.4 ASIA PACIFIC 113
FIGURE 38 ASIA PACIFIC: CORPORATE WELLNESS SOLUTIONS MARKET SNAPSHOT 114
TABLE 50 ASIA PACIFIC: CORPORATE WELLNESS SOLUTIONS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 115
TABLE 51 ASIA PACIFIC: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 115
TABLE 52 ASIA PACIFIC: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, 2019–2026 (USD MILLION) 116
8.4.1 CHINA 116
8.4.1.1 Increasing number of lifestyle diseases, coupled with growing tobacco addiction, to drive the demand for corporate wellness solutions 116
TABLE 53 CHINA: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 117
TABLE 54 CHINA: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 117
8.4.2 JAPAN 117
8.4.2.1 Favorable regulations and increasing focus on workplace wellness to boost market growth in Japan 117
TABLE 55 JAPAN: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 118
TABLE 56 JAPAN: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 118
8.4.3 INDIA 119
8.4.3.1 Rising digitization of services and increasing penetration of smartphones and wearable devices to contribute to market growth 119
TABLE 57 INDIA: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 119
TABLE 58 INDIA: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 120
8.4.4 ROAPAC 120
TABLE 59 ROAPAC: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 121
TABLE 60 ROAPAC: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER, 2019–2026 (USD MILLION) 121
8.5 REST OF THE WORLD 121
TABLE 61 ROW: CORPORATE WELLNESS SOLUTIONS MARKET, BY SERVICE OFFERING, 2019–2026 (USD MILLION) 122
TABLE 62 ROW: CORPORATE WELLNESS SOLUTIONS MARKET, BY END USER,
2019–2026 (USD MILLION) 122
9 COMPETITIVE LANDSCAPE 123
9.1 INTRODUCTION 123
9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 123
9.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE CORPORATE WELLNESS SOLUTIONS MARKET 124
9.3 REVENUE SHARE ANALYSIS 125
9.3.1 REVENUE ANALYSIS FOR KEY PLAYERS IN THE CORPORATE WELLNESS SOLUTIONS MARKET 125
FIGURE 39 REVENUE ANALYSIS FOR KEY PLAYERS IN THE CORPORATE WELLNESS SOLUTIONS MARKET IN THE PAST 5 YEARS 125
9.4 MARKET SHARE ANALYSIS 126
9.4.1 CORPORATE WELLNESS SOLUTIONS MARKET (2020) 126
FIGURE 40 SHARE OF LEADING COMPANIES IN THE GLOBAL CORPORATE WELLNESS SOLUTIONS MARKET (2020) 126
TABLE 63 CORPORATE WELLNESS SOLUTIONS MARKET: DEGREE OF COMPETITION 127
9.5 COMPANY EVALUATION QUADRANT 127
9.5.1 COMPANY EVALUATION QUADRANT: CORPORATE WELLNESS SOLUTIONS MARKET 127
FIGURE 41 GLOBAL CORPORATE WELLNESS SOLUTIONS MARKET COMPANY EVALUATION MATRIX, 2020 128
9.5.1.1 Stars 129
9.5.1.2 Pervasive players 129
9.5.1.3 Emerging leaders 129
9.5.1.4 Participants 129
9.5.1.5 Competitive benchmarking 130
9.5.1.5.1 Company product/service footprint (20 companies) 130
TABLE 64 COMPANY SERVICE OFFERING FOOTPRINT (20 COMPANIES) 131
TABLE 65 COMPANY END-USER FOOTPRINT (20 COMPANIES) 132
TABLE 66 COMPANY REGION FOOTPRINT (20 COMPANIES) 133
9.6 COMPETITIVE SITUATIONS AND TRENDS 134
9.6.1 PRODUCT/SERVICE LAUNCHES & APPROVALS 134
TABLE 67 PRODUCT/SERVICE LAUNCHES (2018–MAY 2021) 134
9.6.2 DEALS 136
TABLE 68 DEALS (2018–MAY 2021) 136
TABLE 69 OTHER DEVELOPMENTS (2018–MAY 2021) 137
10 COMPANY PROFILES 138
10.1 KEY PLAYERS 138
10.1.1 COMPSYCH CORPORATION 138
10.1.1.1 Business overview 138
TABLE 70 COMPSYCH CORPORATION: BUSINESS OVERVIEW 138
10.1.1.2 Products & services offered 139
10.1.1.3 Recent developments 140
10.1.1.4 MnM view 140
10.1.1.4.1 Right to win 141
10.1.1.4.2 Strategic choices made 141
10.1.2 UNITEDHEALTH GROUP (OPTUM) 142
10.1.2.1 Business overview 142
TABLE 71 UNITEDHEALTH GROUP: BUSINESS OVERVIEW 142
FIGURE 42 UNITEDHEALTH GROUP: COMPANY SNAPSHOT (2020) 143
FIGURE 43 OPTUM: COMPANY SNAPSHOT (2020) 144
10.1.2.2 Products & services offered 144
10.1.2.3 Recent developments 148
10.1.2.4 MnM view 149
10.1.2.4.1 Right to win 150
10.1.2.4.2 Strategic choices made 150
10.1.3 ANTHEM, INC. 151
10.1.3.1 Business overview 151
TABLE 72 ANTHEM, INC.: BUSINESS OVERVIEW 151
FIGURE 44 ANTHEM, INC.: COMPANY SNAPSHOT (2020) 152
10.1.3.2 Products & services offered 153
10.1.3.3 Recent developments 154
10.1.3.4 MnM view 154
10.1.3.4.1 Right to win 154
10.1.3.4.2 Strategic choices made 154
10.1.4 WORKPLACE OPTIONS 155
10.1.4.1 Business overview 155
TABLE 73 WORKPLACE OPTIONS: BUSINESS OVERVIEW 155
10.1.4.2 Products & services offered 156
10.1.4.3 Recent developments 159
10.1.4.4 MnM view 160
10.1.4.4.1 Right to win 160
10.1.4.4.2 Strategic choices made 160
10.1.5 VIRGIN GROUP LTD. (VIRGIN PULSE) 161
10.1.5.1 Business overview 161
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TABLE 74 VIRGIN GROUP LTD.: BUSINESS OVERVIEW 161
TABLE 75 VIRGIN PULSE: BUSINESS OVERVIEW 161
10.1.5.2 Products & services offered 162
10.1.5.3 Recent developments 163
10.1.6 CVS HEALTH CORPORATION 165
10.1.6.1 Business overview 165
TABLE 76 CVS HEALTH CORPORATION: BUSINESS OVERVIEW 165
FIGURE 45 CVS HEALTH CORPORATION: COMPANY SNAPSHOT (2020) 166
10.1.6.2 Products & services offered 166
10.1.6.3 Recent developments 167
10.1.7 CLEVELAND CLINIC 168
10.1.7.1 Business overview 168
TABLE 77 CLEVELAND CLINIC: BUSINESS OVERVIEW 168
FIGURE 46 CLEVELAND CLINIC: COMPANY SNAPSHOT (2020) 168
10.1.7.2 Products & services offered 169
10.1.7.3 Recent developments 171
10.1.8 EXOS 173
10.1.8.1 Business overview 173
TABLE 78 EXOS: BUSINESS OVERVIEW 173
10.1.8.2 Products & services offered 173
10.1.8.3 Recent developments 174
10.1.9 CERNER CORPORATION 175
10.1.9.1 Business overview 175
TABLE 79 CERNER CORPORATION: BUSINESS OVERVIEW 175
FIGURE 47 CERNER CORPORATION: COMPANY SNAPSHOT (2020) 176
10.1.9.2 Products & services offered 176
10.1.9.3 Recent developments 178
10.1.10 ALPHABET INC. (FITBIT) 179
10.1.10.1 Business overview 179
TABLE 80 GOOGLE LLC: BUSINESS OVERVIEW 179
FIGURE 48 ALPHABET, INC.: COMPANY SNAPSHOT (2020) 180
FIGURE 49 FITBIT, INC.: COMPANY SNAPSHOT (2019) 181
10.1.10.2 Products & services offered 181
10.1.10.3 Recent developments 182
10.1.11 LABORATORY CORPORATION OF AMERICA HOLDINGS 184
10.1.11.1 Business overview 184
TABLE 81 LABORATORY CORPORATION OF AMERICA HOLDINGS: BUSINESS OVERVIEW 184
FIGURE 50 LABORATORY CORPORATION OF AMERICA HOLDINGS: COMPANY SNAPSHOT (2020) 185
10.1.11.2 Products & services offered 185
10.1.11.3 Recent developments 187
10.1.12 LIFEWORKS, INC. 188
10.1.12.1 Business overview 188
TABLE 82 LIFEWORKS, INC.: BUSINESS OVERVIEW 188
FIGURE 51 LIFEWORKS, INC.: COMPANY SNAPSHOT (2020) 189
10.1.12.2 Products & services offered 189
10.1.12.3 Recent developments 191
10.1.12.4 MnM view 194
10.1.12.4.1 Right to win 194
10.1.12.4.2 Strategic choices made 194
10.1.13 CENTENE CORPORATION (MANAGED HEALTH NETWORK, INC.) 195
10.1.13.1 Business overview 195
TABLE 83 CENTENE CORPORATION: BUSINESS OVERVIEW 195
TABLE 84 MANAGED HEALTH NETWORK, INC.: BUSINESS OVERVIEW 195
FIGURE 52 CENTENE CORPORATION: COMPANY SNAPSHOT (2020) 196
10.1.13.2 Products & services offered 196
10.1.14 TELUS 198
10.1.14.1 Business overview 198
TABLE 85 TELUS: BUSINESS OVERVIEW 198
FIGURE 53 TELUS: COMPANY SNAPSHOT (2020) 199
10.1.14.2 Products & services offered 199
10.1.14.3 Recent developments 201
10.1.14.4 MnM view 202
10.1.14.4.1 Right to win 202
10.1.14.4.2 Strategic choices made 202
10.1.15 DISCOVERY LIMITED (VITALITY GROUP INTERNATIONAL, INC.) 203
10.1.15.1 Business overview 203
TABLE 86 DISCOVERY LIMITED: BUSINESS OVERVIEW 203
TABLE 87 VITALITY GROUP: BUSINESS OVERVIEW 203
FIGURE 54 DISCOVERY LIMITED: COMPANY SNAPSHOT (2020) 204
10.1.15.2 Products & services offered 204
10.1.15.3 Recent developments 205
10.2 OTHER EMERGING COMPANIES 207
10.2.1 WELLRIGHT 207
10.2.1.1 Business overview 207
TABLE 88 WELLRIGHT: BUSINESS OVERVIEW 207
10.2.1.2 Products & services offered 207
10.2.1.3 Recent developments 208
10.2.2 MEDCAN 209
10.2.2.1 Business overview 209
TABLE 89 MEDCAN: BUSINESS OVERVIEW 209
10.2.2.2 Products & services offered 209
10.2.2.3 Recent developments 210
?
10.2.3 SHARECARE 211
10.2.3.1 Business overview 211
TABLE 90 SHARECARE: BUSINESS OVERVIEW 211
10.2.3.2 Products & services offered 211
10.2.4 GILSBAR 213
10.2.4.1 Business overview 213
TABLE 91 GILSBAR: BUSINESS OVERVIEW 213
10.2.4.2 Products & services offered 213
10.2.5 LIMEADE 214
10.2.5.1 Business overview 214
TABLE 92 LIMEADE: BUSINESS OVERVIEW 214
FIGURE 55 LIMEADE: COMPANY SNAPSHOT (2020) 215
10.2.5.2 Products & services offered 215
10.2.5.3 Recent developments 216
10.2.6 TOTALWELLNESS 217
10.2.7 WELLSTEPS 218
10.2.8 ADURO, INC. 218
10.2.9 CORPORATE FITNESS WORKS 219
10.2.10 WELLWORKS FOR YOU 220
11 APPENDIX 221
11.1 DISCUSSION GUIDE 221
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS? SUBSCRIPTION PORTAL 225
11.3 AVAILABLE CUSTOMIZATIONS 227
11.4 RELATED REPORTS 227
11.5 AUTHOR DETAILS 228