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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 | Mar 2016

Well and good: Demand should be supported by government attempts to boost productivity

IBISWorld’s Corporate Wellness Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Bupa plc Bupa plc market share
Nuffield Health Nuffield Health market share
Industry Statistics & Market Size
Revenue
£465m
Annual Growth 11-16
3.0%
Annual Growth 16-21
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Profit
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Employment
3,193
Businesses
83
Industry Analysis & Industry Trends

During the past decade, there has been academic research and media attention on the costs imposed on businesses by illness and injury among workforces. According to the Health and Safety Executive, work-related illness and injury resulted in the loss of 27.3 million working days in 2014-15, costing over £14 billion. Businesses have gradually come to realise the role corporate wellness services can play in reducing these costs, which has encouraged firms to invest in the industry's services.

Growth was somewhat constrained during the start of the period as the economic downturn negatively influenced demand for the industry's services... purchase to read more

Industry Report - Industry Analysis Chapter

The Corporate Wellness Services industry grew during the past five years, supported by a relatively high level of health consciousness and the rising awareness of the benefits of promoting health and well-being in the workplace. However, industry growth was restricted during the start of the period on account of relatively high levels of unemployment, falling real incomes and the incidence of businesses slashing non-core expenses on services like those provided by the industry. The industry gathered momentum during the following years as rebounding economic conditions and lower unemployment levels allowed businesses to increase spending. Nevertheless, further job cuts in the financial services sector, which is an important market for the industry, restricted growth to some extent... 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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