Health and Wellness Management Services Procurement Intelligence expected to grow at a CAGR of 4.47% from 2023 to 2030.
Health and Wellness Management Services Procurement Intelligence The health and wellness management services category is expected to grow at a CAGR of 4.47% from 2023 to 2030. A McKinsey survey report conducted in 2021 found that 79% of consumers considered well-being to be of prime importance. Over the last two to three years, almost 48.2% of Americans have increased prioritizing health and wellness. In the U.K., the study found, following the pandemic, since 2021, many customers did not resume their pre-lockdown exercise routines; however, their fitness objectives remained the same. Hence, the industry has witnessed a significant increase in creative applications such as Mirror, Peloton, and Tonal. Some of the major trends in this category include the growing use of fitness and healthcare applications and devices, telehealth solutions for work-related illnesses, and employee engagement software. Companies increasingly want workers to live healthy lives, manage risks, and save m...