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KEY FINDINGS
The North America workplace wellness market is predicted to grow at a CAGR of 6.41% during the forecast period, 2022-2030. The region benefits from the presence of leading market players. Also, the growing prevalence of chronic diseases and the rising implementation of wellness programs by employers propel market growth.
MARKET INSIGHTS
Canada and the United States are evaluated for the North America workplace wellness market growth assessment. In the US, there is increasing adoption of workplace wellness programs like smoking cessation programs, fitness classes, nutritional balance, weight management, etc. Several corporations have specialized programs for stress management since long working hours can impact mental health. These programs also advocate minimized medical expenditure, enhanced well-being, increased productivity, and healthy behavior. These programs were also made available through virtual and telehealth solutions during the pandemic.
In Canada, as per a survey, 70% of employees found their workplace psychological health and safety compromised, while another 14% believe it is unsafe. In addition, mental health disorders and issues account for approximately 30% of all short- and long-term disability claims in the country. Besides, the mental health issues incur $50 billion to the Canadian economy. Moreover, chronic health problems like obesity are influencing the market demands. Such factors make North America a lucrative market for workplace wellness programs.
COMPETITIVE INSIGHTS
Some of the big firms in the market are Aduro Inc, ComPsych, Workplace Options, Exos, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments