The Latin America, Middle East and Africa Workplace Stress Management Market would witness market growth of 11.4% CAGR during the forecast period (2019-2025).
The employees are working under a lot of pressure and unrealistic demands with the increasing competition. Therefore, stress becomes an adverse reaction that disturbs the equilibrium of work-life for the employees. Because of the initiatives taken by employers around the world, awareness of stress management is increasing. Stress management programs are expected to be a critical part of the employee management processes in the years to come.
Health and safety legislation requires employees to identify occupational risks. The employers are responsible for implementing practical work environment risk reduction initiatives. The workplace risk assessment tests whether the control measures already in place avoid harm to employee health. The traditional management approach to stress reduction avoids stress associated with the job.
A stress risk assessment is a systematic method of recognizing and assessing factors that cause employee stress related to the work. Employers have a legitimate duty to protect workers from occupational stress by doing and acting on a risk assessment. The benefits of workplace stress management are fairly obvious. The quality of employees’ working life will be better; their productivity and morale will boost; their attendance levels go up and the absence of sickness will go down–all of this can be achieved with stress management programs.
Based on Activity Type, the market is segmented into Indoor and Outdoor. Based on End User, the market is segmented into Large Scale Organizations, Medium Scale Organizations and Small Scale Organizations. Based on Service, the market is segmented into Stress Assessment, Yoga & Meditation, Resilience Training, Progress Tracking Metrics and Other Services. Based on Delivery Mode, the market is segmented into Personal Fitness Trainers, Meditation Specialists, Individual Counselors and Other Delivery Mode. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CVS Health Corporation (ActiveHealth Management, Inc.), Fitbit, Inc., Asset Health Inc., ComPsych CorporationCuraLinc Healthcare LLC, Marino Wellness LLC, Wellness Corporate Solutions LLC, Wellsource, Inc., Sol Wellness, and Central Corporate Wellness Pte. Ltd.
Scope of the Study
Market Segmentation:
By Activity Type
- Indoor
- Outdoor
By End User
- Large Scale Organizations
- Medium Scale Organizations
- Small Scale Organizations
By Service
- Stress Assessment
- Yoga & Meditation
- Resilience Training
- Progress Tracking Metrics
- Other Services
By Delivery Mode
- Personal Fitness Trainers
- Meditation Specialists
- Individual Counselors
- Other Delivery Mode
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- CVS Health Corporation (ActiveHealth Management, Inc.)
- Fitbit, Inc.
- Asset Health Inc.
- ComPsych Corporation
- CuraLinc Healthcare LLC
- Marino Wellness LLC
- Wellness Corporate Solutions LLC
- Wellsource, Inc.
- Sol Wellness
- Central Corporate Wellness Pte. Ltd.
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