Health And Wellness Industry Statistics By Consumer Opinions, Corporate Sector and Facts

Introduction

Health And Wellness Industry Statistics: The health and wellness industry is growing fast, especially in areas like healthy foods, protein shakes, vitamins, and nutritional products. People are not just focusing on gyms and outdoor activities but are also interested in foods that provide protein, nutrients, and other benefits to help the body after exercise.

With many people working from home, it’s important to keep a balance between mental and physical health, along with a good diet. These Health and Wellness Industry Statistics offer helpful insights into the growth and impact of the health and wellness sector around the world.

Editor’s Choice

• Wellness programs are becoming more common than disease management programs in the workplace. Employers find that wellness programs help employees stay healthy and reduce healthcare costs.
• The personal care and beauty sector is the biggest part of the global wellness industry, worth $955 billion.
• The healthy eating, nutrition, and weight loss sector is valued at $946 billion worldwide.
• The physical activity sector is worth $738 billion globally.
• Health and Wellness Industry Statistics stated that the wellness tourism sector is worth $436 billion.
• The traditional and complementary medicine sector is valued at $413 billion.
• The public health, prevention, and personalized medicine sector is worth $375 billion.
• The wellness real estate sector is valued at $275 billion globally.
• The spa industry is a major part of wellness and is expected to reach $128 billion by 2024.
• The spa industry reached $18 billion in 2020, employing more than 366,000 people in over 22,000 businesses.
• Wellness tourism is growing, with the market valued at $639 billion. It has grown by 6.5% per year from 2022 to 2023.
• The mental wellness sector is worth $131 billion.
• The spas sector of the wellness industry is valued at $68 billion.
• The workplace wellness sector is worth $49 billion.
• The hot and mineral springs sector is valued at $39 billion.
• The wellness tourism sector is expected to grow at an average yearly rate of 20.9% from 2020 to 2025.

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General Health And Wellness Industry Statistics

• The global wellness industry, including spiritual self-care, is now worth $4 trillion. The physical activity sector is expected to reach $1.1 trillion by 2023.
• The personal care, beauty, and anti-ageing market make up the largest part of the wellness industry, with a value of $1,083 billion.
• The US has the largest wellness market, valued at $52.5 billion. China is second at $19.9 billion. Other top countries include Australia ($9.5 billion), the UK ($9 billion), and Germany ($6.4 billion).
• The wellness industry grew by 6.4% annually between 2015 and 2017, reaching $4.2 trillion. It is worth over $5 trillion now.
• Spending on wellness is increasing and now competes with healthcare spending. In 2017, wellness spending was more than half of the $7.3 trillion spent on healthcare.
• The wellness industry contributes 5.3% of the global economy, showing how much people are willing to spend on self-care.
• Most spending in wellness comes from beauty/personal care, clean eating, fitness devices, and wellness travel, with each sector receiving over $500 billion annually.
• Health and Wellness Industry Statistics stated that 12% of people own smart clothing that helps improve health, such as clothes that control airflow during exercise or help with sleep.
• Wearable devices may soon include features like thermoelectric pulses to soothe or heat the body. 85% of users want wearables that can offer insurance discounts based on driving, 83% want them to help with stress and pain relief, and 82% want them to track children’s safety.
• 79% of employers in the US offer wellness programs, showing how important health is at work. These programs help improve employees’ well-being and productivity.
• People who choose wellness tourism often travel to places like the Caribbean, Asia-Pacific, the Middle East, and North Africa, which are known for their healthy environments.
• Wellness tourism makes up 17% of total global tourism spending, with many people travelling to focus on their health rather than sightseeing.

(Source: globalwellnessinstitute.com)

• The global spa market is predicted to reach $154.6 billion by 2023, showing how important spas are to the wellness industry.
• 28% of gym members in the US use spa services regularly. Many people enjoy using both gym and spa services for overall wellness.
• 77% of people say they would exercise more if their employer had a gym. Many companies now offer gym facilities to keep employees healthy and productive.
• 78% of Americans have changed their diet after consulting a doctor, showing that people often listen to medical advice when it comes to their health.
• Access to healthy food and its cost are the main barriers to healthier eating. Many people would eat more fruits and vegetables if they were more affordable and easier to find.
• Health and Wellness Industry Statistics stated that only 56% of consumers believe their health is excellent or very good, showing there is potential for growth in the wellness market.
• Only 37% of Americans have a normal or low BMI, while 32% are overweight and 28% are obese. This shows the need for better nutrition and exercise habits.
• 80% of people believe there is too much conflicting information about what we should eat. This confusion makes it harder for people to make the right health choices.

Global Wellness Economy and Other Major Industries Statistics

(Reference: globalwellnessinstitute.org)

Health and Wellness Industry Statistics by Consumer Opinions

• A survey found that 79% of people think wellness is important, with 42% considering it a top priority.
• This view is shared by consumers from six different countries across North America, South America, Europe, and Asia, showing that wellness is a global concern.
• In the US, most people spend their wellness money on health-related products and services.
• Of their total wellness spending, 50.1% goes to improving health, 20.1% on appearance, and 13.8% on fitness.
• Additionally, 9.2% is spent on nutrition, 6.3% on mindfulness, and 0.6% on improving sleep.

(Reference: zippia.com)

• In an August 2023 survey, 48.2% of Americans said they have been focusing more on their wellness in the last two to three years.
• On the other hand, 42% reported no change in their wellness priorities, and 10% said they have actually focused less on wellness.
• Regarding their overall health, 41.9% of the respondents felt their wellness had improved in the last couple of years.
• However, 36.5% noticed no change, and 21.4% thought their wellness had declined.
• When it comes to skincare, 28% of people in 2023 said they would choose natural products over more effective ones. This is a decrease from the 36% who felt the same way in 2024.
• A similar pattern is seen in dietary supplements, where 28% said they would choose natural options over more effective ones, down from 41% in the previous year.

Mobile Health Market Statistics

• Health and Wellness Industry Statistics stated that Mobile apps hold the largest share of the market, making up 53%.
• Remote monitoring accounts for 18.9% of the mHealth market.
• The mHealth market is projected to grow at a rate of 28.8% annually from 2023 to 2027. Growth is expected to be:

#1. North America: $32.9 billion by 2023.

#2. Asia Pacific: Expected to grow by 29.8%.

#3. Europe: Expected growth of 28.9% annually.

(Source: grandviewresearch.com)

• Health and Wellness Industry Statistics stated that 14% of people used phone or video calls to have remote health appointments in 2024.
• 40% of users of the Mindbody app have never worked out in physical gyms.
• The global mobile health app market was worth $40.05 billion in 2020 and is expected to grow by 17.7% per year, reaching $149.3 billion by 2028.
• By 2023, 84 million people are expected to use mobile health apps.
• Health app use grew by 25% during the pandemic.
• Medical apps were the most used, making up 70.7% of the market, and are expected to keep growing by 18.1% after the pandemic.
• There were 47,140 health apps available in the Google Play Store alone.
• 93% of doctors believe that health apps can help patients improve their health.

(Source: grandviewresearch.com)

• In 2017, there were around 325,000 mHealth apps, 80,000 app publishers, and 3.7 billion downloads per year.
• Between 2019 and 2020, the number of people in the US using health and fitness apps increased from 68.7 million to 87.4 million, a rise of 27.2%.
• By 2023, 86.3 million Americans are expected to use health or fitness apps.
• North America accounted for 38% of the mobile health app revenue.
• Before the pandemic, 68.7 million Americans had at least one health app installed and used it once a month.
• There are an estimated 10,000 to 20,000 mental health apps available, according to the American Psychological Association.
• The most popular apps, like Headspace and Calm, have 90% active users.

(Reference: grandviewresearch.com)

• Most downloads came from:

#1. EMEA (Europe, the Middle East, and Africa): 36%.

#2. Asia: 35%.

• The highest spending on mobile health apps came from:

#1. North America: 53%.

#2. EMEA: 30%.

• By 2028, the augmented and virtual reality healthcare market is expected to be worth $9.5 billion, growing at 27.2% annually from 2021 to 2028.
• AR and VR in healthcare are used for:

#1. Training

#2. Simulations

#3. Surgeries

#4. Diagnostics

• 83% of patients trust their healthcare provider to keep their medical information safe, but only 54% trust technology companies with their data.
• 23% of patients would be more engaged in managing their health if the digital health tools were secure and reliable.
• Only 11% of healthcare providers recommend digital tools to manage health.
• 52% of people say that a bad digital experience makes them avoid digital health tools.
• Health and Wellness Industry Statistics stated that 26% of people would switch healthcare providers for better digital services.
• 57% of people are willing to use remote monitoring for health using home devices.
• People are more likely to accept virtual healthcare from traditional healthcare providers (54%) than from tech companies (27%) or retail brands like Walmart or Amazon (25%).
• Epilepsy:

#1. 90% of people with epilepsy want a mobile app to help manage their seizures.

#2. 75% want apps that play music to help reduce seizures.

• Asthma (using inhalers with sensors):

#1. 79% of users were happy with sensor-enabled inhalers.

#2. 72% said they would keep using them.

#3. 93% were satisfied with the reports they received from using the sensors.

#4. 90% found the information helpful for managing their asthma.

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Corporate Health and Wellness Market Statistics

• The global corporate wellness market is expected to be worth $57.8 billion by 2024.
• Even better, it’s predicted to grow beyond $75 billion by 2028, according to Grandview Research. This is shaping up to be a great opportunity for the future!

(Reference: scottmax.com)

• Workplace health programs are predicted to be the #2 fitness trend in 2024, according to the American College of Sports Medicine (ACSM). Offices are turning into places that focus on well-being.
• Around 77% of large employers and 33% of smaller businesses are adopting wellness programs to keep their workers healthy, as reported by SFM. This marks a big shift in workplace culture!

(Reference: scottmax.com)

• In the field of workplace wellness, Europe is at the forefront, closely followed by North America, where the market is estimated to be worth over $16 billion, according to Statista. The health business is expanding across the globe.
• Health and Wellness Industry Statistics stated that Obesity doesn’t just affect individuals—it also costs businesses a lot.
• People who are obese (more than 40% of the US population) have medical expenses that are $1,429 higher than those with a healthy weight, according to the CDC.
• The combination of Obesity and depression is a tough challenge for employers, as noted by SFM, and it’s having a significant impact on companies.
• However, 61% of employees say that wellness programs at work have helped them make healthier choices, according to Test Gorilla. This is beneficial for both workers and companies.

Health and Wellness Industry by Sector Statistics

(Reference: zippia.com)

Wearable Device Statistics

• In 2023, the worldwide wearable device industry was valued at $28.8 billion and is predicted to increase by 26.4% every year, reaching $195.6 billion by 2027. North America’s share was worth $11.7 billion during the same period.
• From 202 to 2023, the number of Americans using wearable devices went up from 9% to 33%. By 2024, it is predicted that 72.6 million US adults will be using wearable tech.
• More than 80% of consumers are open to using fitness technology, and 75% of smart wearable users say the devices help them stay on top of their health.
• Health and Wellness Industry Statistics stated that the wearable medical device market, valued at $21.3 billion in 2021, is expected to grow at 26.8% annually, reaching $111.9 billion by 2028.

(Reference: precedenceresearch.com)

• Among wearable device owners:

#1. 70% believe these devices can help them live longer

#2. 63% think it can help them maintain a healthy weight

#3. 62% hope it will lower their insurance costs

• By 2025, the number of wearable devices in use is expected to hit 1.2 billion, with 400 million devices being sold each year.

Health and Wellness Industry Trends

• Digital wellness: As people spend more time at home, there’s a growing demand for wellness products and services that can be used without leaving the house.
• Health & immunity: Consumers are paying more attention to their health, and they’re increasingly interested in products that help boost the immune system.
• Biohacking: Biohacking, which involves trying to slow down ageing and prevent diseases, is becoming more popular.
• Essential oils: Essential oils are trending right now, and this popularity is expected to continue.
• Beauty products reflecting diets: Many beauty brands, like Garnier, are focusing on products that are vegan and gluten-free, as these types of products are becoming more popular.
• Meditation: Meditation is now recognized for its health benefits, and it’s no longer just something for yoga classes. It’s becoming more mainstream.
• Wellness tourism: The wellness tourism industry is expected to double by 2030, with popular fitness brands like Equinox offering wellness getaway experiences.
• Protein powders: Protein powders, which were once mainly used by bodybuilders, are now being marketed more toward women and vegan athletes.

Conclusion

The health and wellness industry is expanding quickly as more people focus on taking care of their health. The global wellness market is expected to hit $4.5 trillion by 2027. Digital tools for health and fitness are helping improve people’s lives. Many apps are available to track both mental and physical health. During the pandemic, virtual consultations became more common, making it easier for people to connect with health experts. These new trends in Health and Wellness Industry Statistics are becoming more popular and are likely to grow even more in the future.

Saisuman Revankar

Saisuman is a talented content writer with a keen interest in mobile tech, new gadgets, law, and science. She writes articles for websites and newsletters, conducting thorough research for medical professionals. Fluent in five languages, her love for reading and languages led her to a writing career. With a Master’s in Business Administration focusing on Human Resources, Saisuman has worked in HR and with a French international company. In her free time, she enjoys traveling and singing classical songs. At Coolest Gadgets, Saisuman reviews gadgets and analyzes their statistics, making complex information easy for readers to understand.

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