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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

The Corporate Wellness Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 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 3.7%, 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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