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Corporate Wellness Services in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Corporate Wellness Services Market Research Report | SIC UK0.008 | Feb 2015

Fit as a fiddle: Industry revenue grows healthily thanks to expanding business confidence

IBISWorld’s Corporate Wellness Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Bupa plc Bupa plc market share
Nuffield Health Nuffield Health market share
Industry Statistics & Market Size
Revenue
£443m
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
3,084
Businesses
80
Industry Analysis & Industry Trends

During the past decade, academic research and media attention have focused on the costs imposed on businesses by illness and injury. According to a government report published in 2008, occupational injury and illness cost businesses an estimated £30 billion, while the cost of people not performing their jobs properly because of illness or injury is estimated to cost more than double this. Businesses have gradually come to realise the role corporate wellness services can play in reducing these costs, encouraging firms to invest in the industry's services.

Despite this, industry revenue declined during the base year and remained fragile during the start of the period as the economic downturn negatively influenced demand for services provided by industry participants... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Corporate Wellness Services industry is in the growth phase of its life cycle. During the 10 years through 2019-20, industry value added is forecast to grow at a compound annual rate of 3.6%, compared with forecast growth in GDP of 2.2% over the same period. This indicates that the industry will account for a growing share of the UK economy.

During the past five years, the industry has endured a challenging period as the economic downturn forced companies to trim non-core spending on services such as corporate wellness, especially during the start of the period. Despite this, the industry is well placed for growth over the next five years and beyond. Demographic and social trends are expected to result in the cost of poor health for businesses rising sharply... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Corporate Wellness Services Industry?

Companies in this industry provide a range of wellness services including health risk assessments, health and fitness programmes, educational advisory services and counselling services. These activities are designed to improve the health and well-being of employees in order to increase productivity and minimise costs for the company.

Industry Products
Health risk assessmentsHealth and fitness programmesEducation and advisory services Counselling services
 
Industry Activities
Providing health risk assessmentsDesigning and providing health and fitness programmesProviding educational advisory servicesProviding counselling services


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