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Corporate Wellness Market To Reach $109.7B By 2031

Recent projections show the market will surge from $57.18 billion in 2023 to $109.71 billion by 2031, driven by tech and mental health trends.

Allwork.Space News TeambyAllwork.Space News Team
May 22, 2025
in News
Reading Time: 1 min read
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Corporate Wellness Market To Reach $109.7B By 2031

Companies are placing greater importance on mental health support, recognizing its direct influence on employee performance, satisfaction, and retention.

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The corporate wellness industry is on a strong growth trajectory, with the global market expected to nearly double in value by 2031. According to recent projections, the market will surge from $57.18 billion in 2023 to $109.71 billion by 2031, reflecting a robust compound annual growth rate (CAGR) of 8.6% over the forecast period from 2024 to 2031.

Major Growth Catalysts: Mental Health and Digital Transformation

A growing emphasis on mental well-being and the rise of digital tools are key forces behind this expansion. Companies are placing greater importance on mental health support, recognizing its direct influence on employee performance, satisfaction, and retention.

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In parallel, advancements in Artificial Intelligence, Machine Learning, and data analytics are reshaping how wellness programs are delivered. These technologies enable personalized, data-driven approaches that enhance engagement and effectiveness, making wellness initiatives more accessible and impactful in hybrid and remote work environments.

Organizations are increasingly investing in holistic health strategies, positioning corporate wellness as a cornerstone of future business success.

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Source: EIN PResswire
Tags: North AmericawellnessWorkforce
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Allwork.Space News Team

Allwork.Space News Team

The Allwork.Space News Team is a collective of experienced journalists, editors, and industry analysts dedicated to covering the ever-evolving world of work. We’re committed to delivering trusted, independent reporting on the topics that matter most to professionals navigating today’s changing workplace — including remote work, flexible offices, coworking, workplace wellness, sustainability, commercial real estate, technology, and more.

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