Australia And New Zealand Corporate Wellness Market 2030: The Rise of Health Risk Assessments
Australia And New Zealand Corporate Wellness Market Growth & Trends The Australia and New Zealand corporate wellness market size is expected to reach USD 2.15 billion by 2030, registering a CAGR of 5.46% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is increasing due to the rising awareness of employee health and well-being. The factors such as increased health awareness, rising employee absenteeism, and capital spending by the private sector are contributing to the market growth. Additionally, chronic conditions such as diabetes, hypertension, cancer, and asthma, are responsible for the rise in loss of productivity and absenteeism. The prevalence of chronic diseases is high in New Zealand and Australia. According to the data published by the Australian Institute of Health and Welfare in February 2023, as per the survey from 2017-18, around 2.7 million (11%) of the total population faced the problem of asthma. From the age group 0-14...