Workplace Stress Management Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Workplace stress is the harmful emotional and physical response that occurs due to disputes between employee job demands and the amount of control an employee has over meeting them. Therefore, the combination of high demands in work and a low level of control over the situation can result in stress. Stress causes a considerable loss of productivity, physical & emotional well-being and disrupts the work-life balance. Hence, stress management at the workplace has become an essential aspect of health care.
MARKET SCOPE
The "Global Workplace Stress Management Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the workplace stress management market with detailed market segmentation by service, delivery mode, activity, end user, and geography. The report provides key statistics on the market status of the leading workplace stress management market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on service, the global workplace stress management market is segmented into stress management, yoga & meditation, resilience training, progress tracking metrics and others.
- Based on delivery mode, the market is segmented into individual counselors, personal fitness trainers, meditation specialists and others.
- On the basis of activity, the market is bifurcated into indoor and outdoor.
- On the basis of end-users, the market is bifurcated into small scale organizations, medium scale organizations, large scale organizations, NGO and public sector.
MARKET DYNAMICS
Drivers:
- Increase in the competition in the workplace wellness industry.
- Rise in awareness of stress management among employers.
- Growing employee wellness services.
- Growing emphasis on health and safety regulations.
- Increase in yoga and other health-related practices popularity.
Restraints:
- Shortage of skilled counselors.
- Lack of awareness regarding workplace stress management in developing countries.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The workplace stress management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the workplace stress management market in these regions.
IMPACT OF COVID-19 ON WORKPLACE STRESS MANAGEMENT MARKET
COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Moreover, due to imposed lockdown and restrictive measures, disruptions were caused across the supply chain, trade, and business that impacted the market growth. Various companies were downsizing their employees in an effort to cut costs. This caused a negative impact on the workplace stress management market. The pandemic worsened the widespread and largely unaddressed mental health problem in the workplace, negatively impacting physical health, mental well-being, and workplace productivity. Therefore, the above-mentioned factors are expected to affect the growth of the market during the forecast period.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The workplace stress management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the workplace stress management market in these regions.
IMPACT OF COVID-19 ON WORKPLACE STRESS MANAGEMENT MARKET
COVID-19 initially began in Wuhan (China) in December 2019, and till now, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Moreover, due to imposed lockdown and restrictive measures, disruptions were caused across the supply chain, trade, and business that impacted the market growth. Various companies were downsizing their employees in an effort to cut costs. This caused a negative impact on the workplace stress management market. The pandemic worsened the widespread and largely unaddressed mental health problem in the workplace, negatively impacting physical health, mental well-being, and workplace productivity. Therefore, the above-mentioned factors are expected to affect the growth of the market during the forecast period.
MARKET PLAYERS
The report covers key developments in the workplace stress management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from workplace stress management market are anticipated to have lucrative growth opportunities in the future with the rising demand for workplace stress management in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the workplace stress management market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Compsych Corporation
- Curalinc Healthcare
- CVS Health Corporation.
- Fitbit, Inc.
- Marino Wellness
- Wellness Corporate Solutions
- Wellsource, Inc.
- Truworth Wellness
- Asset Health, Inc.
- Vitality Works
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Workplace Stress Management Market - By Service
1.3.2 Workplace Stress Management Market - By Delivery Mode
1.3.3 Workplace Stress Management Market - By Activity
1.3.4 Workplace Stress Management Market - By End User
1.3.5 Workplace Stress Management Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WORKPLACE STRESS MANAGEMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. WORKPLACE STRESS MANAGEMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. WORKPLACE STRESS MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. WORKPLACE STRESS MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2. WORKPLACE STRESS MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. WORKPLACE STRESS MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE
7.1. OVERVIEW
7.2. SERVICE MARKET FORECASTS AND ANALYSIS
7.3. STRESS MANAGEMENT
7.3.1. Overview
7.3.2. Stress Management Market Forecast and Analysis
7.4. YOGA AND MEDITATION
7.4.1. Overview
7.4.2. Yoga and Meditation Market Forecast and Analysis
7.5. RESILIENCE TRAINING
7.5.1. Overview
7.5.2. Resilience Training Market Forecast and Analysis
7.6. PROGRESS TRACKING METRICS
7.6.1. Overview
7.6.2. Progress Tracking Metrics Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. WORKPLACE STRESS MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - DELIVERY MODE
8.1. OVERVIEW
8.2. DELIVERY MODE MARKET FORECASTS AND ANALYSIS
8.3. INDIVIDUAL COUNSELORS
8.3.1. Overview
8.3.2. Individual Counselors Market Forecast and Analysis
8.4. PERSONAL FITNESS TRAINERS
8.4.1. Overview
8.4.2. Personal Fitness Trainers Market Forecast and Analysis
8.5. MEDITATION SPECIALISTS
8.5.1. Overview
8.5.2. Meditation Specialists Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. WORKPLACE STRESS MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - ACTIVITY
9.1. OVERVIEW
9.2. ACTIVITY MARKET FORECASTS AND ANALYSIS
9.3. INDOOR
9.3.1. Overview
9.3.2. Indoor Market Forecast and Analysis
9.4. OUTDOOR
9.4.1. Overview
9.4.2. Outdoor Market Forecast and Analysis
10. WORKPLACE STRESS MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. SMALL SCALE ORGANIZATIONS
10.3.1. Overview
10.3.2. Small Scale Organizations Market Forecast and Analysis
10.4. MEDIUM SCALE ORGANIZATIONS
10.4.1. Overview
10.4.2. Medium Scale Organizations Market Forecast and Analysis
10.5. LARGE SCALE ORGANIZATIONS
10.5.1. Overview
10.5.2. Large Scale Organizations Market Forecast and Analysis
10.6. NGO
10.6.1. Overview
10.6.2. NGO Market Forecast and Analysis
10.7. PUBLIC SECTOR
10.7.1. Overview
10.7.2. Public sector Market Forecast and Analysis
11. WORKPLACE STRESS MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Workplace Stress Management Market Overview
11.1.2 North America Workplace Stress Management Market Forecasts and Analysis
11.1.3 North America Workplace Stress Management Market Forecasts and Analysis - By Service
11.1.4 North America Workplace Stress Management Market Forecasts and Analysis - By Delivery Mode
11.1.5 North America Workplace Stress Management Market Forecasts and Analysis - By Activity
11.1.6 North America Workplace Stress Management Market Forecasts and Analysis - By End User
11.1.7 North America Workplace Stress Management Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Workplace Stress Management Market
11.1.7.1.1 Canada Workplace Stress Management Market by Service
11.1.7.1.2 Canada Workplace Stress Management Market by Delivery Mode
11.1.7.1.3 Canada Workplace Stress Management Market by Activity
11.1.7.1.4 Canada Workplace Stress Management Market by End User
11.1.7.2 Mexico Workplace Stress Management Market
11.1.7.2.1 Mexico Workplace Stress Management Market by Service
11.1.7.2.2 Mexico Workplace Stress Management Market by Delivery Mode
11.1.7.2.3 Mexico Workplace Stress Management Market by Activity
11.1.7.2.4 Mexico Workplace Stress Management Market by End User
11.1.7.3 US Workplace Stress Management Market
11.1.7.3.1 US Workplace Stress Management Market by Service
11.1.7.3.2 US Workplace Stress Management Market by Delivery Mode
11.1.7.3.3 US Workplace Stress Management Market by Activity
11.1.7.3.4 US Workplace Stress Management Market by End User
11.2. EUROPE
11.2.1 Europe Workplace Stress Management Market Overview
11.2.2 Europe Workplace Stress Management Market Forecasts and Analysis
11.2.3 Europe Workplace Stress Management Market Forecasts and Analysis - By Service
11.2.4 Europe Workplace Stress Management Market Forecasts and Analysis - By Delivery Mode
11.2.5 Europe Workplace Stress Management Market Forecasts and Analysis - By Activity
11.2.6 Europe Workplace Stress Management Market Forecasts and Analysis - By End User
11.2.7 Europe Workplace Stress Management Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Workplace Stress Management Market
11.2.7.1.1 Germany Workplace Stress Management Market by Service
11.2.7.1.2 Germany Workplace Stress Management Market by Delivery Mode
11.2.7.1.3 Germany Workplace Stress Management Market by Activity
11.2.7.1.4 Germany Workplace Stress Management Market by End User
11.2.7.2 France Workplace Stress Management Market
11.2.7.2.1 France Workplace Stress Management Market by Service
11.2.7.2.2 France Workplace Stress Management Market by Delivery Mode
11.2.7.2.3 France Workplace Stress Management Market by Activity
11.2.7.2.4 France Workplace Stress Management Market by End User
11.2.7.3 Italy Workplace Stress Management Market
11.2.7.3.1 Italy Workplace Stress Management Market by Service
11.2.7.3.2 Italy Workplace Stress Management Market by Delivery Mode
11.2.7.3.3 Italy Workplace Stress Management Market by Activity
11.2.7.3.4 Italy Workplace Stress Management Market by End User
11.2.7.4 Spain Workplace Stress Management Market
11.2.7.4.1 Spain Workplace Stress Management Market by Service
11.2.7.4.2 Spain Workplace Stress Management Market by Delivery Mode
11.2.7.4.3 Spain Workplace Stress Management Market by Activity
11.2.7.4.4 Spain Workplace Stress Management Market by End User
11.2.7.5 United Kingdom Workplace Stress Management Market
11.2.7.5.1 United Kingdom Workplace Stress Management Market by Service
11.2.7.5.2 United Kingdom Workplace Stress Management Market by Delivery Mode
11.2.7.5.3 United Kingdom Workplace Stress Management Market by Activity
11.2.7.5.4 United Kingdom Workplace Stress Management Market by End User
11.2.7.6 Rest of Europe Workplace Stress Management Market
11.2.7.6.1 Rest of Europe Workplace Stress Management Market by Service
11.2.7.6.2 Rest of Europe Workplace Stress Management Market by Delivery Mode
11.2.7.6.3 Rest of Europe Workplace Stress Management Market by Activity
11.2.7.6.4 Rest of Europe Workplace Stress Management Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Workplace Stress Management Market Overview
11.3.2 Asia-Pacific Workplace Stress Management Market Forecasts and Analysis
11.3.3 Asia-Pacific Workplace Stress Management Market Forecasts and Analysis - By Service
11.3.4 Asia-Pacific Workplace Stress Management Market Forecasts and Analysis - By Delivery Mode
11.3.5 Asia-Pacific Workplace Stress Management Market Forecasts and Analysis - By Activity
11.3.6 Asia-Pacific Workplace Stress Management Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific Workplace Stress Management Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Workplace Stress Management Market
11.3.7.1.1 Australia Workplace Stress Management Market by Service
11.3.7.1.2 Australia Workplace Stress Management Market by Delivery Mode
11.3.7.1.3 Australia Workplace Stress Management Market by Activity
11.3.7.1.4 Australia Workplace Stress Management Market by End User
11.3.7.2 China Workplace Stress Management Market
11.3.7.2.1 China Workplace Stress Management Market by Service
11.3.7.2.2 China Workplace Stress Management Market by Delivery Mode
11.3.7.2.3 China Workplace Stress Management Market by Activity
11.3.7.2.4 China Workplace Stress Management Market by End User
11.3.7.3 India Workplace Stress Management Market
11.3.7.3.1 India Workplace Stress Management Market by Service
11.3.7.3.2 India Workplace Stress Management Market by Delivery Mode
11.3.7.3.3 India Workplace Stress Management Market by Activity
11.3.7.3.4 India Workplace Stress Management Market by End User
11.3.7.4 Japan Workplace Stress Management Market
11.3.7.4.1 Japan Workplace Stress Management Market by Service
11.3.7.4.2 Japan Workplace Stress Management Market by Delivery Mode
11.3.7.4.3 Japan Workplace Stress Management Market by Activity
11.3.7.4.4 Japan Workplace Stress Management Market by End User
11.3.7.5 South Korea Workplace Stress Management Market
11.3.7.5.1 South Korea Workplace Stress Management Market by Service
11.3.7.5.2 South Korea Workplace Stress Management Market by Delivery Mode
11.3.7.5.3 South Korea Workplace Stress Management Market by Activity
11.3.7.5.4 South Korea Workplace Stress Management Market by End User
11.3.7.6 Rest of Asia-Pacific Workplace Stress Management Market
11.3.7.6.1 Rest of Asia-Pacific Workplace Stress Management Market by Service
11.3.7.6.2 Rest of Asia-Pacific Workplace Stress Management Market by Delivery Mode
11.3.7.6.3 Rest of Asia-Pacific Workplace Stress Management Market by Activity
11.3.7.6.4 Rest of Asia-Pacific Workplace Stress Management Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Workplace Stress Management Market Overview
11.4.2 Middle East and Africa Workplace Stress Management Market Forecasts and Analysis
11.4.3 Middle East and Africa Workplace Stress Management Market Forecasts and Analysis - By Service
11.4.4 Middle East and Africa Workplace Stress Management Market Forecasts and Analysis - By Delivery Mode
11.4.5 Middle East and Africa Workplace Stress Management Market Forecasts and Analysis - By Activity
11.4.6 Middle East and Africa Workplace Stress Management Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa Workplace Stress Management Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Workplace Stress Management Market
11.4.7.1.1 South Africa Workplace Stress Management Market by Service
11.4.7.1.2 South Africa Workplace Stress Management Market by Delivery Mode
11.4.7.1.3 South Africa Workplace Stress Management Market by Activity
11.4.7.1.4 South Africa Workplace Stress Management Market by End User
11.4.7.2 Saudi Arabia Workplace Stress Management Market
11.4.7.2.1 Saudi Arabia Workplace Stress Management Market by Service
11.4.7.2.2 Saudi Arabia Workplace Stress Management Market by Delivery Mode
11.4.7.2.3 Saudi Arabia Workplace Stress Management Market by Activity
11.4.7.2.4 Saudi Arabia Workplace Stress Management Market by End User
11.4.7.3 U.A.E Workplace Stress Management Market
11.4.7.3.1 U.A.E Workplace Stress Management Market by Service
11.4.7.3.2 U.A.E Workplace Stress Management Market by Delivery Mode
11.4.7.3.3 U.A.E Workplace Stress Management Market by Activity
11.4.7.3.4 U.A.E Workplace Stress Management Market by End User
11.4.7.4 Rest of Middle East and Africa Workplace Stress Management Market
11.4.7.4.1 Rest of Middle East and Africa Workplace Stress Management Market by Service
11.4.7.4.2 Rest of Middle East and Africa Workplace Stress Management Market by Delivery Mode
11.4.7.4.3 Rest of Middle East and Africa Workplace Stress Management Market by Activity
11.4.7.4.4 Rest of Middle East and Africa Workplace Stress Management Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Workplace Stress Management Market Overview
11.5.2 South and Central America Workplace Stress Management Market Forecasts and Analysis
11.5.3 South and Central America Workplace Stress Management Market Forecasts and Analysis - By Service
11.5.4 South and Central America Workplace Stress Management Market Forecasts and Analysis - By Delivery Mode
11.5.5 South and Central America Workplace Stress Management Market Forecasts and Analysis - By Activity
11.5.6 South and Central America Workplace Stress Management Market Forecasts and Analysis - By End User
11.5.7 South and Central America Workplace Stress Management Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Workplace Stress Management Market
11.5.7.1.1 Brazil Workplace Stress Management Market by Service
11.5.7.1.2 Brazil Workplace Stress Management Market by Delivery Mode
11.5.7.1.3 Brazil Workplace Stress Management Market by Activity
11.5.7.1.4 Brazil Workplace Stress Management Market by End User
11.5.7.2 Argentina Workplace Stress Management Market
11.5.7.2.1 Argentina Workplace Stress Management Market by Service
11.5.7.2.2 Argentina Workplace Stress Management Market by Delivery Mode
11.5.7.2.3 Argentina Workplace Stress Management Market by Activity
11.5.7.2.4 Argentina Workplace Stress Management Market by End User
11.5.7.3 Rest of South and Central America Workplace Stress Management Market
11.5.7.3.1 Rest of South and Central America Workplace Stress Management Market by Service
11.5.7.3.2 Rest of South and Central America Workplace Stress Management Market by Delivery Mode
11.5.7.3.3 Rest of South and Central America Workplace Stress Management Market by Activity
11.5.7.3.4 Rest of South and Central America Workplace Stress Management Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. WORKPLACE STRESS MANAGEMENT MARKET, KEY COMPANY PROFILES
13.1. COMPSYCH CORPORATION
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CURALINC HEALTHCARE
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CVS HEALTH CORPORATION.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. FITBIT, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. MARINO WELLNESS
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. WELLNESS CORPORATE SOLUTIONS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. WELLSOURCE, INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. TRUWORTH WELLNESS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. ASSET HEALTH, INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. VITALITY WORKS
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Compsych Corporation
2. Curalinc Healthcare
3. CVS Health Corporation.
4. Fitbit, Inc.
5. Marino Wellness
6. Wellness Corporate Solutions
7. Wellsource, Inc.
8. Truworth Wellness
9. Asset Health, Inc.
10. Vitality Works
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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