Registering a CAGR of 5.8 %over the forecast period, the market value of Medical Wellness is expected to reach US$ 7188490 million in the year 2027.
Global “Medical Wellness Market” Research Report 2020-2027 is a past indication and in-depth study on the present & future market of the Medical Wellness industry. The report signifies a basic impression of the Medical Wellness market share, competitor segment with a basic overview of key vendors, top regions, product types, and end industries. This report gives a past overview of the Medical Wellness market trends, growth, revenue, capacity, cost meeting, and key driver’s analysis. The report further inspects and measures the current site of the ever-evolving business sector and the present and future things of COVID-19 on the Medical Wellness market.
To live a healthy lifestyle, wellness refers to the mental, physical, spiritual, intellectual, and emotional activities that make up emotional, social, physical, spiritual, intellectual, and emotional well-being. Mental health and well-being are crucial and essential aspects of health that are made up of a variety of factors that contribute to a good lifestyle.The sector emphasises the maintenance and improvement of a person's health and well-being, rather than disease or incapacity. Wellness refers to activities that improve a person's quality of life, promote a healthy lifestyle, and raise their sense of well-being.
The report aspects discussed the profile of the top manufacturers of the global Medical Wellness market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Medical Wellness Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Medical Wellness includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Massage Envy, Steiner Leisure Limited, World Gym, Fitness World, Universal Companies, Beauty Farm, VLCC Wellness Center, Nanjing Zhaohui, Edge Systems LLC, HEALING HOTELS OF THE WORLD, Gold's Gym International, Bon Vital, Kaya Skin Clinic, The Body Holiday, Kayco Vivid, Arashiyu Japanese Foot Spa, Enrich Hair & Skin, WTS International, Biologique Recherche, Guardian Lifecare, Naluri, MINMED GROUP PTE LTD, Magenta Wellness Pte Ltd., Asiamedic Limited, Truworth Wellness (Truworth Health Technologies Pvt. Ltd.), Mednefits, BaliSpirit, Sukhavati Retreat, BDMS Wellness Clinic, MeeHappy Wellness ,Healthkart and others.
RSG Group Set to Acquire Gold's Gym
Jul 14, 2020 - RSG Group GmbH, Europe's innovation leader in the fitness and lifestyle sectors, was selected as the winning bidder in a court- approved auction process held on July 13, 2020, and is set to acquire the most well-known and iconic gym chain in the world, Gold's Gym. With this acquisition the RSG Group, which has mainly been active in Europe up to now, will become a global leader in fitness with over 900 locations and will be represented on six continents.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
The advanced wound care market was dominated by the United States and Canada. The increasing demand for advanced wound treatment options such as advanced wound care wound care products, the rising prevalence of chronic disorders, rising healthcare spending, and the highly developed healthcare system in the United States and Canada are all contributing to the growth of the North American advanced wound care market.
The Medical Wellness Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medical Wellness Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Medical Wellness Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Medical Wellness Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.8% during the review period (2022 to 2027). |
By Type |
|
By Application |
|
By Companies | Massage Envy, Steiner Leisure Limited, World Gym, Fitness World, Universal Companies, Beauty Farm, |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 137 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
How much is the medical wellness market value at current?
The global medical wellness market is worth US$ 1.1 Tn and is expected to reach US$ 4.3 Tn by 2030.
What was the last 5-year market CAGR for medical wellness?
Historically, from 2022 to 2027, the market for medical wellness expanded at a CAGR of 7.8%.
Which are the top 5 countries driving demand for medical wellness?
The U.S., Canada, Brazil, Mexico, and China are the top 5 countries driving demand for medical wellness.
What is heavy request for medical wellness?
Growing inclination toward fitness technology and wellness programs, rising ageing population, occurrence of chronic disease, and growing demand for current and lifeless coil center are some of the driving factors for the market.
Who are the key players in the Medical Wellness Market?
Enrich Hair & Skin Solutions Pvt Ltd (India), Amway (The U.S), Vlcc Health Care Limited (India), Guardian (India), Bayer AG (Germany), David Lloyd clubs (UK), Healthkart (India), WTS International (The U.S), Bon Vital Inc. (The U.S), MINDBODY Inc. (The U.S), Massage Envy Franchising LLC (The U.S) and Gold's Gym International, Inc. (The U.S) are among the key players in the medical wellness market.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.