Stacks of coins and coin jar Thehealth risk assessment segment accounted for a major market sharein 2017, and is likely to dominate the global corporate wellnessmarket through 2026. (Photo: Shutterstock)

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

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

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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.