Overview

Just as well: Increasing health consciousness will help offset revenue declines

IBISWorld’s Corporate Wellness Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

The Corporate Wellness Services industry has struggled over the past five years. The industry initially recorded robust growth over the early stage of the period, as government funding subsidised the cost of corporate wellness programs. Subsequent increases in the number of affordable programs resulted in businesses recognising the benefits of promoting health and wellbeing in the workplace. However, government funding and support schemes ended midway through the period, leading to industry performance declining. Many industry operators that previously relied on government support to deliver affordable programs have since left the industry. As a result, industry revenue is expected to have declined by an annualised 0.4% over the five years through 2016-17...

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What is the Corporate Wellness Services industry?

The Corporate Wellness Services industry sources most of its revenue from health risk assessments, and employee health and fitness programs. Health risk assessments are a quick and simple way to give employees feedback on their health and how to improve their health. Health and fitness programs are growing in popularity and provide a more in-depth program involving a fitness program or diet, or both. Education and training services are another increasingly popular choice, offering education relating to mental and physical health, exercise and workplace safety. Some workplaces also offer mental health services to employees.

Health and fitness programs

Health and fitness programs address weight loss, healthy eating or general fitness. The...

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Products & Brands

Major products in this industry
Health risk assessments and health checks
Education and training
Mental health programs
Health and fitness programs
Other services

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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