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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 | Jun 2015

Healthy outlook: Stronger demand for higher value services is expected to boost revenue

IBISWorld’s Corporate Wellness Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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, academic research and media attention have focused on the costs imposed on businesses by illness and injury. According to the Health and Safety Executive, work-related illness and injury resulted in 28.2 million working days being lost in 2013-14, and cost 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.

Despite this, industry growth was somewhat restricted 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 2020-21, industry value added is forecast to grow at a compound annual rate of 3.8%, compared with forecast growth in GDP of 2.1% over the same period. This indicates that the industry will account for a growing share of the UK economy.

Industry growth was somewhat restricted during the past five years as the economic downturn forced companies to trim spending on non-core services during the start of the period. However, 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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