Stacks of coins and coin jar The health risk assessment segment accounted for a major market share in 2017, and is likely to dominate the global corporate wellness market through 2026. (Photo: Shutterstock)

As more people – and their employers – realize the importance of keeping obesity and other health issues in check, corporate wellness programs are blossoming in many parts of the world, according to Transparency Market Research’s report, “Corporate Wellness Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026.

The global corporate wellness market was valued at $29.27 billion in 2017 and is expected to expand at a high CAGR of 9 percent from 2018 to 2026, to reach an estimated value of $61.69 billion by 2026, according to the report. Programs within North America and Europe will likely post the highest revenue, due to high health care expenditures and the availability of a wide range of providers of corporate wellness services.

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Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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