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.
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.
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.