India Corporate Wellness Market Analysis And Forecast 2022 to 2030 | Technologies, Demand, Growth, Research And Development

Quadintel recently added a new market research report named “India Corporate Wellness Market.” The research provides a thorough analysis of the global market in relation to the major growth-influencing opportunities and drivers. The study also maps emerging trends and their effects on current and forthcoming market developments.

The research sheds light on the industry-specific difficulties that the major companies and the India Corporate Wellness market as a whole are now experiencing. This will eventually assist market players in making profitable investment decisions. Market analysts have researched the market using numerous market segmentations in order to help the main players comprehend its structure.

The corporate wellness market in India is anticipated to expand at a compound annual growth rate (CAGR) of 5.75 % during the 2020-2025 period to reach a value of INR 21.53 Bn by 2025 from INR 14.59 Bn in 2019.

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Market insights:

Corporate wellness programs have gained much popularity owing to the surge in the number of lifestyle related diseases. The lack of proper diet, exercise and rest, and growing mental and physical stress also provide impetus to such programs.

Market influencers:

Corporate wellness programs have gained momentum in recent times due to the growing culture of prioritizing healthcare and the general wellbeing. Companies have learned that it is essential to invest in human resources for better productivity and work engagement in the workplace the hard way. Further, corporate wellness programs aid in reducing healthcare costs.

Artificial intelligence (AI) and data analytics are being widely adopted by organizations across the country to enhance their employee wellness solutions. The corporate wellness industry is moving towards digitization, coming up with programs that incorporate technological features such as a wearable device or a mobile app for enhanced employee engagement. Moreover, improved awareness regarding mental health has forced organizations to focus on destigmatizing mental health topics among employees.

Competitive landscape:

The corporate wellness market in India is led by a balanced mix of established players, including mid-level, emerging, and small ones. These players provide a complete range of services and solutions to their vast customer base present across the country. Companies like Apollo Life Care Pvt. Ltd., BetterLYF Wellness Pvt. Ltd. and Workplace Options Pvt. Ltd. are the key market players.

Key Companies Covered in the India Corporate Wellness Market Research are Apollo Life Care Pvt. Ltd., Bargain Technologies Pvt. Ltd., BetterLYF Wellness Pvt. Ltd., Classhop technologies India Pvt. Ltd., HealthifyMe Wellness Pvt. Ltd., Meta Wellness Pvt. Ltd., Stepathlon Lifestyle Pvt. Ltd., TFL Continuous Learning Pvt. Ltd., Truworth Health Technologies Pvt. Ltd, Workplace Options Pvt. Ltd. and other key market players.

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By Geography

• Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and the Rest of Asia Pacific)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe)
• Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
• Middle East & Africa (GCC, North Africa, South Africa, and Rest of the Middle East & Africa)
• North America (U.S. & Canada)

North America garnered a substantial market share in the India Corporate Wellness Market, due to growing demand for India Corporate Wellness Market products, and rising disposable income, followed by Latin America, Europe, and the Middle East & Africa respectively.

Presently, the Asia Pacific region conquers the India Corporate Wellness Market.

Table of Contents:

• Market Overview
• Market Dynamics
• Associated Industry Assessment
• Market Competitive Landscape
• Analysis of Leading Companies
• Market Analysis and Forecast, By Product Types
• Market Analysis and Forecast, By Applications

What is the Goal of the report?

The market report presents the estimated size of the Market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyses the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

What is the key information extracted from the report?

• Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
• The report offers the present scenario and future growth prospects Market in various geographical regions.
• The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
• The SWOT analysis is conducted along with Porter’s Five Force analysis.
• The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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