The global workplace stress management market was valued at $8,211.15 million in 2019, and is projected to reach $11,490.84 million by 2027, registering a CAGR of 5.90% from 2020 to 2027.
The employees work under a lot of pressure to meet the excessive demands owing to rise in competition. Hence, stress is an adverse reaction which disturbs the equilibrium of work-life balance for the employees. There is an increase in the awareness about stress management owing to the initiatives taken up by employers across the world. Stress management programs are anticipated to be a crucial part of employee management processes in the coming years.
List of Key Players
Prominent players operating in the global workplace stress management market include CVS Health Corporation (ActiveHealth Management, Inc.), Fitbit, Inc., Asset Health Inc., ComPsych Corporation, CuraLinc Healthcare LLC, Marino Wellness LLC, Wellness Corporate Solutions LLC, Wellsource, Inc., Sol Wellness, and Central Corporate Wellness Pte. Ltd.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/11467
By delivery mode, the personal fitness trainers segment dominated the overall market in terms of revenue share in 2019. On the other hand, the meditation specialists’ segment is anticipated to grow at the fastest growth rate during the forecast period. The growth is attributed to the rise in popularity for yoga and meditation programs coupled with the need for such personalized programs.
By end user, the market is categorized into large private organizations, mid-sized private organizations, small private organizations, NGO and public sector. Mid-sized private organizations accounted for the majority of the market share in 2019, and is anticipated to maintain dominance during the forecast period. The growth is attributed to the rise in the inclusion of workplace stress management programs by employers in their wellness programs and higher number of workforce present in such organizations.
By region, the workplace stress management market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2019 attributed to presence of service providers and large sized private & med-sized private organizations in the region. Further, Asia-Pacific is expected to register highest CAGR, during the forecast period owing to rise in medical expenditure for workplace stress management programs along with rise in awareness toward workplace wellbeing. In addition, rise in number of working individuals in this region along with the inclusion of workplace stress management programs in the curriculum from major employers in the region are the factors expected to propel the market growth.
For Purchase inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/11467
Key Findings Of The Study
- By service, the stress assessment segment dominated the market in 2019.
- By end user, the mid-sized private organization segment held the largest market share in 2019.
- By region, North America occupied substantial revenue share of the workplace stress management market in 2019, whereas Asia-Pacific is anticipated to grow with the highest CAGR during the forecast period.
𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.