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Global Medical Wellness Market: By Wellness Sector: Traditional and Complementary Medicine, Beauty Care and Personal Care, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Medical Wellness Market Outlook

The global medical wellness market is being aided by the growth of the health and wellness market, which is expected to grow in the forecast period of 2021-2026 at a CAGR of 4%.

 

Global Medical Wellness Market

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Availability of Advanced Products to Aid the Growth of the Medical Wellness Industry in North America

North America has been one of the leading regions in the global market for medical wellness in the historical period of 2016-2020 and is expected to retain its position over the forecast period as well. This region’s dominance can be attributed to the high availability of advanced products and services in the region. Apart from North America, Europe is one of the key markets for medical wellness. The high consumer spending power and an increasing number of patients are aiding the regional market for medical wellness. The Asia Pacific region is expected to witness a swift growth owing to the significant economic developments and improvements in the healthcare industry. The increasing penetration of global players in the Asia Pacific is anticipated to boost the demand for medical wellness.

 

Medical Wellness: Industry Definition and Segmentation

Medical wellness is a process of complete mental, physical, and social well-being. It involves becoming aware and making choices towards a healthy life. Medical wellness is not just being free from illness, but a dynamic process consisting of change and growth for a better lifestyle.

 

Global Medical Wellness Market By Distribution Channel

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Based on the wellness sector, the market can be segmented into:

  • Traditional and Complementary Medicine 
  • Beauty Care and Personal Care 
  • Healthy Eating, Nutrition, and Weight Loss 
  • Preventive and Personalised Medicinal Products 
  • Spa Industry 
  • Workplace Wellness 
  • Others

The market can be broadly categorised based on its distribution channels into:

  • Franchise
  • Company Owned Outlets

The EMR report looks into the regional markets of medical wellness like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Medical Wellness Market By Region

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Rising Prevalence of Diseases is Aiding the Market Growth of Medical Wellness

The increasing geriatric population, coupled with the rising prevalence of diseases among these populations, is driving the market for medical wellness across the globe. The expansion of the consumer base and the growing wellness industry is complementing the market growth as well. Sedentary lifestyle habits and hectic schedules have increased the vulnerability to diseases and the subsequent necessity for medical wellness. The growing awareness regarding the importance of eating habits and personalised health at homes and workplaces, is resulting in an increased focus on medical wellness, thereby aiding the market growth. These factors are projected to aid the medical wellness industry growth in the forecast period. However, the lack of a proper workforce and awareness about medical wellness in emerging countries could hamper the market growth.

 

Key Industry Players in the Global Medical Wellness Market

The report presents a detailed analysis of the following key players in the global medical wellness market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • VLCC Health Care Limited
  • Bayer AG 
  • David Lloyd Leisure Ltd.
  • WTS International, LLC
  • MINDBODY Inc.
  • Amway Corp.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Wellness Sector, Distribution Channel, Region
Breakup by Wellness Sector Traditional and Complementary Medicine, Beauty Care and Personal Care,
Healthy Eating, Nutrition, and Weight Loss, Preventive and Personalised
Medicinal Products, Spa Industry, Workplace Wellness, Others
Breakup by Distribution Channel Franchise, Company Owned Outlets
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered VLCC Health Care Limited, Bayer AG, David Lloyd Leisure Ltd., WTS International, LLC, MINDBODY Inc., Amway Corp., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Medical Wellness Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Medical Wellness Historical Market (2016-2020) 
    8.3    Global Medical Wellness Market Forecast (2021-2026)
    8.4    Global Medical Wellness Market by Wellness Sector
        8.4.1    Traditional and Complementary Medicine
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Beauty Care and Personal Care
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Healthy Eating, Nutrition, and Weight Loss
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Preventive and Personalised Medicinal Products
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Spa Industry
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Workplace Wellness
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Others
    8.5    Global Medical Wellness Market by Distribution Channel
        8.5.1    Franchise
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Company Owned Outlets
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Medical Wellness Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    VLCC Health Care Limited
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Bayer AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    David Lloyd Leisure Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    WTS International, LLC
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    MINDBODY Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Amway Corp.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Medical Wellness Market: Key Industry Highlights, 2016 and 2026
2.    Global Medical Wellness Historical Market: Breakup by Wellness Sector (USD Billion), 2016-2020
3.    Global Medical Wellness Market Forecast: Breakup by Wellness Sector (USD Billion), 2021-2026
4.    Global Medical Wellness Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
5.    Global Medical Wellness Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
6.    Global Medical Wellness Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Medical Wellness Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Medical Wellness Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Medical Wellness Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Medical Wellness Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Medical Wellness Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Medical Wellness Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Medical Wellness Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Medical Wellness Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Medical Wellness Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Medical Wellness Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Medical Wellness Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Medical Wellness Market Structure

Key Questions Answered in the Report

The global medical wellness market is expected to be aided by the growth of the overall health and wellness market, which is projected to grow at a CAGR of 4% between 2021 and 2026.

The major drivers of the industry, such as rising disposable incomes, rising prevalence of diseases, growing health consciousness, rapid urbanisation, and growing geriatric population, are expected to aid the market growth.

The increasing preference for wearable devices, such as fitness bands and tracker, is the key trend in the industry informing the market growth.

The major regional markets for medical wellness are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant wellness segments in the market are traditional and complementary medicine, beauty care and personal care, healthy eating, nutrition, and weight loss, preventive and personalised medicinal products, spa industry, and workplace wellness, among others.

The major distribution channels in the market are franchise and company owned outlets.

The key players in the industry are VLCC Health Care Limited, Bayer AG, David Lloyd Leisure Ltd., WTS International, LLC, MINDBODY Inc., and Amway Corp., among others.

Analyst Review

The global medical wellness market is being driven by the rising prevalence of diseases and the growing health and wellness market. Aided by the growing awareness regarding medical wellness, the global health and wellness market is expected to witness further growth in the forecast period of 2021-2026, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on the wellness sector, the market can be segmented into traditional and complementary medicine, beauty care and personal care, healthy eating, nutrition, and weight loss, preventive and personalised medicinal products, spa industry, and workplace wellness, among others. Based on the distribution channel, the market is classified into franchise and company owned outlets. The major regional markets for medical wellness are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include VLCC Health Care Limited, Bayer AG, David Lloyd Leisure Ltd., WTS International, LLC, MINDBODY Inc., and Amway Corp., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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