ASEAN and US Corporate Wellness Market by 2030 | Fastest Growing Stress Management Services

ASEAN and US corporate wellness market

DUBLIN, May 22, 2024 (Globe Newswire) — “ASEAN and US Corporate Wellness Market” report added ResearchAndMarkets.com Recruitment.

The ASEAN and US corporate wellness market is expected to witness significant growth from a market value of USD 19.51 billion in 2022 to USD 30.82 billion by 2030, at a CAGR of 6.06%. This growth reflects an increasing focus on employee health and well-being in corporate environments.

The main factors contributing to the growth of this market are the rise in chronic diseases and increasing awareness of employee health and well-being in the corporate sector. However, budget constraints and lack of awareness and interest in corporate wellness programs pose challenges to market expansion. The market is also influenced by evolving work cultures, increasing emphasis on work-life balance, and the integration of wellness programs into corporate strategies.

In the ASEAN region, Malaysia has shown the fastest growth with a CAGR of approximately 7.3%. The United States accounts for a significant portion of the market, with revenue reaching her USD 18.32 billion in 2022 and expected to exceed USD 28 billion by 2030. This growth can be attributed to increased implementation of wellness programs by large companies and increased focus on employees. Workplace health.

This market is dominated by major players, who collectively hold around 68% market share. Aduro, Inc., with its innovative Aduro Connect Care service, and Vitality Group, with its expanded wellness market, are notable contributors. Other major companies include EXOS, Privia Health, ComPsych, Virgin Pulse, and Beacon Health Options.

Market segmentation analysis:

• service

• availability

• enterprise size

• provider

Integrated health checks/assessments dominate the service sector, but stress management is experiencing the fastest growth. There are significant growth opportunities for off-site services. Small businesses are the fastest growing segment by company size. When it comes to providers, Corporate Wellness Consultants leads the market.

key attributes

Companies mentioned in this report include, but are not limited to:

• Aduro Co., Ltd.

• Beacon health options

• Central Corporate Wellness

• Com Psycho

• exos

• Marino Wellness

• Privia Health

• Provant Health Solutions

• SOL Wellness

• Truworth Wellness

• virgin pulse

• Vitality Group

• Well Nation and Fitbit, Inc.

• Wellness Corporate Solutions

• Wellsource Co., Ltd.

story continues

For more information on this report, please visit https://www.researchandmarkets.com/r/cey4ml.

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