Dublin, May 02, 2024 (GLOBE NEWSWIRE) -- The "Global Workplace Stress Management Market Report by Service, Delivery Mode, Activity, End User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global workplace stress management market is experiencing significant growth, with projections indicating an increase from US$ 12.5 billion in 2023 to US$ 23 billion by 2032, signifying a Compound Annual Growth Rate (CAGR) of 7.01% during the forecast period. This growth is attributed to a rising awareness of mental health issues and the growing prioritization of employee wellbeing within organizations.
In the face of growing instances of mental disorders and workplace pressures, there is an escalating demand for robust workplace stress management solutions. Organizations are actively seeking systems to assess, manage, and mitigate stressors that negatively impact employee performance and mental health. These initiatives are essential for maintaining productivity and fostering a healthy working environment.
The Impact of COVID-19 on Workplace Stress
The COVID-19 pandemic has significantly influenced the global workplace stress management market. As remote working has become the norm for many, dealing with work-induced stress in isolation has heightened the need for effective stress management programs. Additionally, the pandemic's economic and psychological toll has underlined the necessity for such interventions.
Technological Innovations Spearheading Growth
The advent of digital technologies has been pivotal in providing accessible and user-friendly platforms for workplace stress management. Online self-assessment tests and mobile applications are increasingly being adopted by organizations seeking to empower employees to manage their stress levels proactively.
Regional Insights and Sector Growth
North America is leading the charge in the adoption of workplace stress management solutions, with significant contributions from the United States and Canada. However, regions such as Asia-Pacific and Europe are not far behind, with countries like China, Japan, India, Germany, France, and the United Kingdom witnessing remarkable growth in this sector.
Market Segmentation
The market analysis has segmented the global workplace stress management industry based on services, delivery modes, activities, and end-user scale. Services like stress assessments, yoga and meditation, and resilience training are amongst the various offerings that are contributing to market expansion.
Competitive Analysis
The global workplace stress management market presents a competitive and fragmented landscape with numerous key players offering innovative solutions to maintain employee wellness. These organizations are focusing on developing and streamlining stress management programs catered to the wide array of needs presented by global workforces.
Companies Featured
- Asset Health Inc.
- Cascade Centers Inc.
- Central Corporate Wellness Pte. Ltd.
- ComPsych Corporation
- CuraLinc Healthcare
- CVS Health Corporation
- Fitbit LLC (Alphabet Inc.)
- Headspace Inc.
- Marino Wellness LLC
- Sol Wellness LLC
- Truworth Health Technologies Pvt. Ltd.
- Wellness Corporate Solutions LLC
Key Attributes
| Report Attribute | Details |
| No. of Pages | 137 |
| Forecast Period | 2023-2032 |
| Estimated Market Value (USD) in 2023 | $12.5 Billion |
| Forecasted Market Value (USD) by 2032 | $23 Billion |
| Compound Annual Growth Rate | 7% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/ko2m0r
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
