The Corporate Wellness Services industry has shown patchy growth over the past five years. The industry initially recorded robust growth over the early stage of the period as government funding subsidised the cost of corporate wellness programs. The subsequent increase in the number of affordable programs allowed businesses to recognise the benefits of promoting health and wellbeing in the workplace. However, the end of government funding and support schemes midway through the period led to a dramatic fall in the industry's fortunes. Many industry operators that previously relied on government support to deliver affordable programs have since left the industry.
Companies in the industry primarily provide workplace programs designed to improve the mental and physical wellbeing of employees through a combination of educational, organisational and environmental activities. Industry services do not include programs designed internally by a company’s own human resources personnel.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.