PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597604
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1597604
India Corporate Wellness Market, By Delivery Model Type; By Delivery Model; By Category; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Corporate Wellness Market Size Set to Surpass USD 2.5 Billion by 2030
India Corporate Wellness Market is thriving due to growing awareness about employee health, increasing workplace stress, adoption of wellness programs by companies, and a focus on enhancing productivity, retention, and reducing healthcare costs.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Corporate Wellness Market size by value at USD 1.6 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Corporate Wellness Market size to expand at a CAGR of 7.80% reaching a value of USD 2.5 billion by 2030. India Corporate Wellness Market is driven by increasing awareness of employee health's impact on productivity, the rising prevalence of lifestyle-related disorders, and the growing adoption of wellness programs by organizations to enhance employee retention. Rapid urbanization and sedentary lifestyles have fueled the demand for stress management, fitness, and mental health initiatives. Government and corporate focus on workplace wellness, coupled with technological advancements such as digital platforms and wearable devices, further support market growth by making wellness programs more accessible and personalized.
Opportunity - Growing Adoption of Virtual Wellness Programs
India Corporate Wellness Market is witnessing significant growth, due to the increasing adoption of virtual wellness programs. With the rise of remote and hybrid work models, organizations are embracing digital platforms to offer personalized wellness solutions, including virtual fitness classes, mental health support, and nutrition guidance. These programs cater to diverse workforce needs, enhance employee engagement, and promote productivity. The integration of technology, such as AI-driven health-tracking apps, further fuels the demand for virtual corporate wellness initiatives.
Impact of Escalating Geopolitical Tensions on India Corporate Wellness Market
Escalating geopolitical tensions could impact India Corporate Wellness Market by disrupting global supply chains for wellness products and services, increasing costs. Economic uncertainty may cause companies to prioritize core operations over wellness initiatives, reducing demand. However, heightened stress levels among employees due to geopolitical unrest could drive companies to invest more in mental health and wellness programs. Additionally, potential regulatory shifts or trade restrictions could affect the availability and pricing of imported wellness solutions, influencing market dynamics.
On-Site Programs Segment Leads India Corporate Wellness Market
The on-site programs segment holds the largest share of India Corporate Wellness Market. On-site programs are favored for their convenience and their capacity to seamlessly incorporate wellness initiatives into the workplace. Activities like fitness sessions, health screenings, and stress management workshops conducted on-site are tailored to meet employees' needs, fostering both health and productivity. The growing emphasis on employee well-being and the rising implementation of all-encompassing wellness strategies by organizations are key factors driving the dominance of this segment.
Competitive Landscape
India Corporate Wellness Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include BeBetterEveryday, Silver Oak Health, The Mood Space, Vantage Circle, HealthifyMe, Humm Car, MCH International, Mentora, Truworth Wellness, and Avyukt Healthcare Solution. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in India Corporate Wellness Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Corporate Wellness Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Corporate Wellness Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Corporate Wellness Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing awareness among employees and employers about good health and well-being
- 3.2.1.2. Growing incidence of lifestyle-related diseases
- 3.2.1.3. Rising stress levels and mental health awareness
- 3.2.2. Restraints
- 3.2.2.1. High costs of wellness programs
- 3.2.2.2. Lack of awareness and cultural barriers
- 3.2.2.3. Data privacy concerns
- 3.2.3. Opportunities
- 3.2.3.1. Government initiatives to promote workplace wellness programs
- 3.2.3.2. Increasing corporate investments in employee health
- 3.2.3.3. Growing adoption of virtual wellness programs
- 3.2.4. Challenges
- 3.2.4.1. Encouraging consistent employee participation in wellness programs
- 3.2.4.2. Limited Infrastructure in developing countries
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Corporate Wellness Market: Marketing Strategies
5. India Corporate Wellness Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Service Type
- 5.2.1.1. Health Risk Assessment
- 5.2.1.2. Nutrition & Weight Management
- 5.2.1.3. Smoking Cessation
- 5.2.1.4. Fitness Services
- 5.2.1.5. Stress Management
- 5.2.1.6. Health Screening & Assessment
- 5.2.1.7. Employee Assistance Programs (EAPs)
- 5.2.2. By Delivery Model
- 5.2.2.1. On-site Programs
- 5.2.2.2. Off-site Programs
- 5.2.3. By Category
- 5.2.3.1. Fitness & Nutrition Consultants
- 5.2.3.2. Psychological Therapists
- 5.2.3.3. Organizations/Employers
- 5.2.3.4. Fitness & Medical Institutions
- 5.2.4. By End user
- 5.2.4.1. Small Scale Organizations
- 5.2.4.2. Medium Scale Organizations
- 5.2.4.3. Large Scale Organizations
- 5.2.5. By Region
- 5.2.5.1. North India
- 5.2.5.2. South India
- 5.2.5.3. East India
- 5.2.5.4. West India
- 5.2.1. By Service Type
6. North India Corporate Wellness Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Service Type
- 6.2.2. By Delivery Model
- 6.2.3. By Category
- 6.2.4. By End User
7. South India Corporate Wellness Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Service Type
- 7.2.2. By Delivery Model
- 7.2.3. By Category
- 7.2.4. By End User
8. East India Corporate Wellness Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Service Type
- 8.2.2. By Delivery Model
- 8.2.3. By Category
- 8.2.4. By End User
9. West India Corporate Wellness Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Service Type
- 9.2.2. By Delivery Model
- 9.2.3. By Category
- 9.2.4. By End User
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Corporate Wellness Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operation Channel Parameters
- 10.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions on India Corporate Wellness Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. BeBetterEveryday
- 12.2. Silver Oak Health
- 12.3. The Mood Space
- 12.4. Vantage Circle
- 12.5. HealthifyMe
- 12.6. Humm Car
- 12.7. MCH International
- 12.8. Mentora
- 12.9. Truworth Wellness
- 12.10. Avyukt Healthcare Solution
- 12.11. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Corporate Wellness Market Segmentation
- Figure 2 India Corporate Wellness Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Corporate Wellness Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Corporate Wellness Market Share, By Service Type, By Value (USD Billion) 2019-2030
- Figure 6 India Corporate Wellness Market Share, By Delivery Model, By Value (USD Billion) 2019-2030
- Figure 7 India Corporate Wellness Market Share, By Category, By Value (USD Billion) 2019-2030
- Figure 8 India Corporate Wellness Market Share, By End User, By Value (USD Billion) 2019-2030
- Figure 9 India Corporate Wellness Market Share, By Region, By Value (USD Billion) 2019-2030
- Figure 10 North India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Figure 11 North India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Figure 12 North India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Figure 13 North India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Figure 14 North India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Figure 15 South India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Figure 16 South India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Figure 17 South India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Figure 18 South India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Figure 19 South India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Figure 20 East India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Figure 21 East India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Figure 22 East India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Figure 23 East India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Figure 24 East India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Figure 25 West India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Figure 26 West India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Figure 27 West India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Figure 28 West India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Figure 29 West India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
List of Tables
- Table 1 India Corporate Wellness Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Corporate Wellness Market Share, By Service Type, By Value (USD Billion) 2019-2030
- Table 3 India Corporate Wellness Market Share, By Delivery Model, By Value (USD Billion) 2019-2030
- Table 4 India Corporate Wellness Market Share, By Category, By Value (USD Billion) 2019-2030
- Table 5 India Corporate Wellness Market Share, By End User, By Value (USD Billion) 2019-2030
- Table 6 India Corporate Wellness Market Share, By Region, By Value (USD Billion) 2019-2030
- Table 7 North India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Table 8 North India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Table 9 North India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Table 10 North India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Table 11 North India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Table 12 South India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Table 13 South India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Table 14 South India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Table 15 South India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Table 16 South India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Table 17 East India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Table 18 East India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Table 19 East India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Table 20 East India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Table 21 East India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Table 22 West India Corporate Wellness Market Size, By Value (USD Million), 2019-2030
- Table 23 West India Corporate Wellness Market Share, By Service Type, By Value (USD Million) 2019-2030
- Table 24 West India Corporate Wellness Market Share, By Delivery Model, By Value (USD Million) 2019-2030
- Table 25 West India Corporate Wellness Market Share, By Category, By Value (USD Million) 2019-2030
- Table 26 West India Corporate Wellness Market Share, By End User, By Value (USD Million) 2019-2030
- Table 27 BeBetterEveryday Company Overview
- Table 28 BeBetterEveryday Financial Overview
- Table 29 Silver Oak Health Company Overview
- Table 30 Silver Oak Health Financial Overview
- Table 31 The Mood Space Company Overview
- Table 32 The Mood Space Financial Overview
- Table 33 Vantage Circle Company Overview
- Table 34 Vantage Circle Financial Overview
- Table 35 HealthifyMe Company Overview
- Table 36 HealthifyMe Financial Overview
- Table 37 Humm Car Company Overview
- Table 38 Humm Car Financial Overview
- Table 39 MCH International Company Overview
- Table 40 MCH International Financial Overview
- Table 41 Mentora Company Overview
- Table 42 Mentora Financial Overview
- Table 43 Truworth Wellness Company Overview
- Table 44 Truworth Wellness Financial Overview
- Table 45 Avyukt Healthcare Solution Company Overview
- Table 46 Avyukt Healthcare Solution Financial Overview
