![]() ![]() They typically teach employees about health risks, how to lessen them, and healthier lifestyle options. Initiatives for corporate wellness come in a variety of types. For instance, in August 2018, Alight Solutions disclosed plans to reduce the price of employee health care. Programs for employee wellness are being implemented to improve the general health and well-being of employees. These significant objectives encourage employees to maintain or improve their health and find more affordable options. ![]() Many organizations are looking for strategies to reduce healthcare costs. Reduction of Worker Healthcare Outlays Creates Tremendous Opportunities Their sedentary way of life has paved the way for other chronic illnesses like diabetes and heart disease. Thus, the prevalence of obesity has had a wide range of adverse effects on people's health. Furthermore, 34% of those who are obese have morbid obesity, the most severe form of obesity. The percentage of overweight people in Mexico is 73%. Data from the OECD from January 2020 show that Mexico is among the most problematic examples. In developing nations like Mexico, obesity rates are rising. For instance, the prevalence of obesity rose in the United States from 30.5% to 42.4% between 18, while the prevalence of severe obesity increased from 4.7% to 9.2%, according to data from the Center for Chronic Disease Prevention 2019. Obesity is a chronic disease that afflicts many countries worldwide, including many industrialized nations, due to unhealthy and sedentary lifestyles. ![]() It is projected to reach USD 94,649.56 million by 2031, growing at a CAGR of 6.10% during the forecast period (2023-2031).” Chronic diseases are a serious global threat because many ailments are becoming more widespread. In addition to enhancing employee health, wellness programs reduce absenteeism and result in more engaged, productive workers, raising the business's production level across the board.ĭownload Free Sample Report PDF Prevalence and Early Onset of Chronic Diseases Drives the Global MarketĪccording to Straits Research, “The global corporate wellness market size was valued at USD 55,549.50 million in 2022. Corporate wellness initiatives aim to promote and encourage a complete approach to employee welfare by promoting a culture of health at work. Organizational policies or health-promoting initiatives should encourage healthy behavior and improve employee health. Employee well-being is improved by encouraging them to lead healthier lifestyles, which also aids businesses in boosting productivity and cutting expenses. 31, 2024 (GLOBE NEWSWIRE) - The policies, initiatives, and perks that make up corporate wellness programs target various risk factors and illnesses that affect employees and the firm. Due to unhealthy and sedentary lifestyles, obesity is one of the chronic diseases that plague many nations worldwide, including many industrialized countries. ( MENAFN- GlobeNewsWire - Nasdaq) Given that many of these ailments are becoming more common, chronic diseases are a danger on a worldwide scale. ![]()
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