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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 | Apr 2017

Healthy growth: The online delivery of industry services is projected to support revenue growth

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
£471m
Annual Growth 12-17
2.8%
Annual Growth 17-22
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Profit
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Employment
3,225
Businesses
85
Industry Analysis & Industry Trends

During the past decade, there has been significant academic research and media attention on the costs imposed on businesses by illness and injury among workforces. 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 and contributed to revenue growth during the past five years. Declining unemployment, expansion in the range of services provided and increasing business expenditure on non-core services has also supported industry expansion. However, large job cuts in the financial services sector, which is an important market for the industry, and lacklustre demand from public-sector entities restricted growth... purchase to read more

Industry Report - Industry Analysis Chapter

The Corporate Wellness Services industry grew during the past five years, supported by higher health consciousness levels and the growing awareness of the benefits of promoting health and well-being in the workplace. Falling unemployment and rebounding business confidence levels also enhanced demand as businesses increased spending. In addition, real household disposable income grew during the past five years, which supported industry expansion as some firms require employees to pay subsidised rates for health and fitness programmes. Nevertheless, thousands of job cuts in the financial services sector, which is an important market for the industry, restricted growth to some extent. Pressure on public-sector spending also limited industry growth during the past five years. Ind.. 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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