PUBLISHER: Allied Market Research | PRODUCT CODE: 1298251
PUBLISHER: Allied Market Research | PRODUCT CODE: 1298251
The Health Coaching Market was valued for $16,914.65 million in 2021 and is estimated to reach $34,812.48 million by 2031, exhibiting a CAGR of 7.4% from 2022 to 2031. Health coaching is a type of lifestyle coaching that focuses on helping people improve their overall health and well-being through lifestyle and behavior changes. It is an evidence-based approach that uses evidence-based strategies to help individuals improve their physical, mental, and emotional health. They focus on helping clients with specific goals, such as weight loss, stress management, smoking cessation, or nutrition. They may also provide advice on chronic disease management and lifestyle choices. Health coaches collaborate closely with clients to help them identify their health and lifestyle goals, develop an action plan to achieve goals and provide them with the tools and support they need to make lasting, positive changes.
The key factor that drives the growth of the health coaching market is the increase in the prevalence of chronic diseases such as diabetes, hypertension, obesity, and others, and the rise in awareness about the benefits associated with online coaching in developing countries like India and China boosts the growth of the market. Moreover, a large number of medical firms all over the world increasingly focus on acquiring companies that provide services for health coaching, which is expected to drive the growth of the market.
In addition, a significant increase in awareness about the advantages of health coaching and a surge in the number of mental health disorders across the world boost the growth of the market. According to the U.S. Department of Veterans Affairs, in 2022, it was estimated that about 12 million adults and about 5.5 million children in the U.S. were diagnosed with post-traumatic stress disorder. However, the high cost of health coaching services hampers the market growth. However, unmet medical needs in emerging nations and increased government initiatives to support patients with mental health and chronic conditions are expected to provide lucrative opportunities for the growth of the market in the near future.
The health coaching market is segmented on the basis of type, mode, duration, application, and region. On the basis of type, the market is bifurcated into holistic & wellness health coaching and primal/paleo health coaching. On the basis of mode, the market is bifurcated into online and offline. On the basis of duration, the market is bifurcated into less than 6 months and 6 months to 12 months. On the basis of application, the market is categorized into general wellness, behavioral health disorders, and chronic diseases. On the basis of region, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and Rest of LAMEA).
Major companies profiled in the report include: Dr. Sears Wellness Institute, Health Coach Institute, Concentra Inc, UK Health Coaches Association, Advanced Wellness Systems, LLC Institute for Integrative Nutrition, The American Council on Exercise, Weljii, BrainMD Health, and WellSteps, LLC.