The global Corporate Wellness industry to grow at a CAGR of 5.84% during the period 2017-2021.
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The global Corporate Wellness market research report identifies the following companies are the key players: Well Nation, Virgin Pulse, Provant Health Solutions, and ComPsych.
Other Prominent Vendors in the market are: EXOS, Kinema Fitness, Karelia Health, Marino Wellness, Premise Health, Wellness Corporate Solutions, WorkStride, Wellsource, and Wisdom Works Group.
Complete report on the Corporate Wellness Market Research Report spread across 70 pages, profiling 13 companies with table of content is now available at http://www.reportsnreports.com/contacts/.aspx?name=1097671 .
Corporate Wellness Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.
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The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is rising government support. Government support for corporate wellness programs has been growing due to the increasing health concerns among the global population.
This is due to the growing number of people with chronic conditions such as obesity and diabetes. There is a growing number of healthcare initiatives that are encouraging companies to provide corporate wellness programs to improve the standard of work conditions for employees and their wellbeing.
According to the report, one of the major drivers for this market is increase in human lifespan and longer working hours. The growth of the aging population is due to advances in medicine.
These advances help people live longer. Countries such as Japan, South Korea, China, Germany, Israel and the US have a significant number of people who are above the age of 65.
The number of people living over the age of 60 is expected to double in the near future. Since 2005, the average life expectancy of both men and women has improved by almost two years.
Most people who prefer to work beyond the retirement age are either taking up supplementary careers or working longer because they are ready for a change. Many countries are increasing the age of retirement to reduce pension and healthcare expenses.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Access this Report at www.reportsnreports.com/.aspx?name=1097671 .
Further, the report states that one of the major factors hindering the growth of this market is revenue volatility. The global corporate wellness market has exhibited a low level of revenue volatility.
A higher level of revenue volatility points toward greater industry risk. Volatility can negatively impact long-term strategic decisions such as the time frame for capital investment.
When a company makes poor investment decisions, it may face underutilized capacity if the demand suddenly falls or capacity constraints rise quickly. Over a period of time, industry revenue has been fluctuating in line with corporate profits.
The report covers the present scenario and the growth prospects of the global corporate wellness market for 2017-2021. To calculate the market size, the report considers the sales and services market.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this industry?
What are the challenges to market growth?
Who are the key vendors in this industry space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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