Corporate Wellness Market Size Is Expected To Reach USD 90.7 Billion By 2026: Grand View Research Inc.
San Francisco, 22 July 2019: The Report Corporate Wellness Market Size, Share & Trends Analysis Report By Service (Health Risk Assessment, Stress Management), By Category (Fitness & Nutrition Consultant, Organization), By End Use, And Segment Forecasts, 2019 – 2026 The global corporate wellness market size is projected to reach USD 90.7 billion by 2026 expanding at a CAGR of 6.8%, according to a new report by Grand View Research, Inc. Rising cases of obesity increase insurance costs, which accounts for the financial burden on the employers. Corporate wellness initiatives target particular health risk factors, such as stress, obesity, smoking, poor diet, and lack of exercise. Employers have started offering some kind of wellness program for disease prevention and improved productivity. According to a study conducted by Harvard economists, absenteeism costs fall by USD 2.73 for every dollar spent on wellness programs. Therefore, employees need to be encouraged to adop