Dublin, Sept. 11, 2023 (GLOBE NEWSWIRE) -- The "Health Coaching Market By Type, By Mode, By Duration, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The Health Coaching Market was valued for $16.91 Billion in 2021 and is estimated to reach $34.81 Billion by 2031, exhibiting a CAGR of 7.4% from 2022 to 2031.
Health coaching is a transformative approach to improving overall health and well-being by guiding individuals through lifestyle and behavior changes.
This evidence-based practice employs strategies to enhance physical, mental, and emotional health, focusing on specific goals such as weight loss, stress management, smoking cessation, and nutrition. Collaborating closely with clients, health coaches help identify goals, develop actionable plans, and provide essential tools and support for lasting positive changes.
Driving Health Coaching Market Growth: Addressing Chronic Diseases and Online Coaching Benefits
The health coaching market experiences rapid expansion driven by the surge in chronic diseases like diabetes, hypertension, and obesity. Increased awareness of the benefits of online coaching in developing nations such as India and China is also propelling market growth.
Furthermore, the acquisition of health coaching service providers by numerous global medical firms is expected to contribute to the market's expansion.
Enhanced Awareness Fuels Health Coaching Market Surge: Mental Health Disorders and Benefits
The global health coaching market is on the rise due to heightened awareness of its advantages and the growing prevalence of mental health disorders.
Notably, the U.S. Department of Veterans Affairs reported that around 12 million adults and 5.5 million children were diagnosed with post-traumatic stress disorder in 2022. Despite these positive trends, the high cost of health coaching services poses a challenge to market growth.
Promising Opportunities in Health Coaching Market: Unmet Medical Needs and Government Initiatives
The health coaching industry holds promising prospects, driven by unmet medical needs in emerging economies and government initiatives supporting patients with chronic conditions and mental health disorders. As these initiatives gain momentum, the market is expected to experience significant growth in the near future.
Leading Companies in the Health Coaching Market: A Snapshot
Key players shaping the health coaching landscape include renowned entities like Dr. Sears Wellness Institute, Health Coach Institute, Concentra Inc, UK Health Coaches Association, Advanced Wellness Systems, LLC Institute for Integrative Nutrition, The American Council on Exercise, Weljii, BrainMD Health, and WellSteps, LLC. These industry leaders play a pivotal role in driving the evolution and growth of health coaching services.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the health coaching market analysis from 2021 to 2031 to identify the prevailing health coaching market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the health coaching market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global health coaching market trends, key players, market segments, application areas, and market growth strategies.
Market Dynamics
Drivers
- Increase in the prevalence of chronic diseases
- Rise in prevalence of mental health disorders
- Increase in government initiatives
Restraints
- High cost of health coaching services
Opportunities
- High growth potential in developing economies
Key Market Players
- Health Coach Institute
- Institute for Integrative Nutrition
- UK Health Coaches Association
- Weljii
- BrainMD Health
- WellSteps, LLC
- Advanced Wellness Systems, LLC
- Dr. Sears Wellness Institute
- Concentra Inc
- The American Council on Exercise
Key Market Segments
By Duration
- Less Than 6 Months
- 6 Months To 12 Months
By Application
- General Wellness
- Behavioral Health Disorders
- Chronic Diseases
By Type
- Holistic and Wellness Health Coaching
- Primal/Paleo Health Coaching
By Mode
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
For more information about this report visit https://www.researchandmarkets.com/r/w3kn3c
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