100+ Health & Wellness Industry Statistics 2021/2022

Health and wellness market

The pandemic has changed how people view their health and wellness. Because of the coronavirus, many have now taken steps that put their health and well-being at the forefront.

To highlight some of the largest health and wellness industry statistics, we have collected data from over 20 sources that include topics such as workplace wellness, nutrition, spa, health and beauty, mobile apps, and more.

Global Health and Wellness industry statistics

Health and wellness market size

• In 2021, the global wellness sector is valued at $1.5 trillion
• In 2020, the global health and wellness economy was valued at $ 3.31 Billion
• It is expected to reach a value of $4.24 Billion by 2026, at a growth rate of 4.1%
• In 2019, the global health and wellness market revenue reached $4428174 million
• The market is expected to reach $6033196 million in revenue by 2025, at a compound annual growth rate (CAGR) of 5.29% from 2020 to 2025
• In 2018, the global wellness economy was valued at $4.5 trillion
• In 2017, the health and wellness market made up 5.3% of that year's global economic output

Health and wellness industry growth

• The market is expected to grow at a compound annual growth rate (CAGR) of 4.1 to 10% from 2017 to 2026 
• By 2026, it is expected to reach a value of $4.24 billion
• By 2025, the market is projected to reach $6033196 million in revenue
• By 2024, it is expected to be valued at $1,299.8 billion  

Global health and wellness statistics

• Wellness is important for 79% of respondents to a 2020 McKinsey survey
• Prioritization of health and wellness has jumped from 27 to 65% across all countries, in the last 3 years
• Self-reported health and wellness spending has reached 70% globally 
• In Brazil, 64.6% of wellness spending has been allocated for health-related products and services
• Japan comes second in health spending at 52.4%
• The United States comes in third with 50.1% spending on health
• 70% of health and wellness spending is for products
• Based on how countries have changed prioritization of wellness,
  • China - 66.6%
  • UK - 51.3%
  • US - 48.2%
• Brazil increased its interest in the segment by 74.1%, followed by:
• As for the overall health improvement in the past 2-3 years,
  • China - 59%
  • UK 43.5%
  • US 41.9%
• Brazil still leads the pack at an increase of 61.7%, followed by:
• Compared to 2 or 3 years ago, 88% of people are now interested in personalized wellness

Workplace wellness and health

The workplace wellness industry has seen significant growth over the last several years and is expected to continue growing as more people prioritize their health and wellbeing. 

• By the end of 2021, the global workplace wellness industry is expected to reach $61.2 billion in revenue forecast
• The global workplace wellness market is projected to grow at a rate of 7% and will be worth $93.4 billion by 2028
• According to a survey, 53% of employees who have access to wellness programs have improved their health
• Only 10% of the world’s population, mostly found in Europe and North America, have access to workplace wellness programs and services
• 73% of workers with supportive senior managers developed a healthy lifestyle

Wellness tourism

Wellness tourism or travel associated with improving one's health and wellbeing has seen significant growth in the past 5 years. The wellness tourism industry is expected to boom post-pandemic or when international travel restrictions have been lifted.

• By 2027, the global wellness tourism industry is projected to reach $1.2 trillion
• Meanwhile, domestic wellness travel is expected to reach $779.1 billion during the same period
• 40% of millennials choose to go on a fitness retreat over staying at a five-star resort
• 38% of people go on a wellness trip to feel rejuvenated
• Each year, about 14 million people travel seeking medical treatment

Mental wellness

• In 2019, the global mental health and wellness economy was valued at $120.8 billion 
  • Senses, spaces, and sleep valued at $49.5 billion
  • Brain-boosting nutraceuticals & botanicals worth $34.8 billion
  • Self-improvement valued at $33.6 billion
  • Meditation and mindfulness are worth $2.9 billion
• The market is divided into 4 segments:

Global digital and wellness industry

The digital health market has seen a huge uptick because of stay-at-home orders due to the COVID-19 pandemic and the numbers are expected to keep in rising years after it is over.

• In 2020, the global digital health industry was valued at $141.9 billion and will reach $426.9 billion by 2027, growing at a compound annual growth rate (CAGR) of 17.4% during the forecast period
• The global mobile health app market is estimated at $40.05 billion in 2020 and is expected to grow at a rate of 17.7% annually, and reaching a valuation of $149.3 billion by 2028
• From 2019 to 2020, the use of health and fitness apps in the U.S. increased from 68.7 million to 87.4 million, or about 27.2%
• From $21.3 billion in 2021, the wearable medical device market will grow at an annual rate of 26.8%, reaching $111.9 billion by 2028
• From March 2020, the average monthly spending on mHealth apps reached $100 million

Spa industry

Global spa market size

• By 2022, the spa industry is expected to reach $128 billion
  • 300,000 more trained spa therapists
  • 54,000 spa managers/directors
• Growing at a rate of 9.9% since 2015 
• It is expected to require:
• In 2017, the global spa industry earned $93.6 billion in revenue
• There were 149,000 spas worldwide
• It employed an estimated 2.5 million workers
• Globally, the largest spa markets are:
• US - $20.8 billion
• China - $8.2 billion
• Germany - $6.7 billion
• Japan - $5.7 billion
• France - $3.6 billion
• The spa industry accounted for 9.8% of the total health and wellness market

U.S. spa market size

• In 2018, the U.S. alone brought in $18.3 billion in revenue
• The U.S. spa industry employs 372,100 people, but almost half are only working part-time
• 28% of gym-goers in the U.S. use spa facilities regularly

Wellness real estate

• By 2022, the global wellness market is expected to reach a valuation of $197 billion
  • The market has had a CAGR of 6.4% since 2015
• In 2018, wellness real estate accounted for a 6.4% share of the market
• In 2017, the global wellness real estate market was valued at $134 billion
• Across 34 countries, there are over 740 wellness lifestyle real estate and community developments that have been built or are being built
• Globally, the wellness real estate market makes up 1.5% of the total construction market
• Wellness real estate properties are priced 10 to 25% higher than residential developments
• The countries heavily investing in wellness real estate are:
  • United States - $52.5 billion
  • China - $19.9 billion
  • Australia - $9.5 billion
  • UK - $9 billion
  • Germany - $6.4 billion
• In the U.S. there are about 1.3 million potential buyers for wellness real estate

Thermal/mineral springs market

• By 2022, the thermal/mineral springs market is expected to reach a value of $77 billion
• From 2015 to 2017, its annual growth rate is pegged at 4.9%
• Revenue in 2017 was at $56.2 billion
• There are over 34,057 thermal/mineral springs in operation across 127 countries
  • 95% of the thermal/mineral springs revenue
  • 94% of thermal/mineral springs facilities
  • China - $17.5 billion
  • Japan - $12.8 billion
  • Germany - $7.2 billion
• Europe and Asia-Pacific regions hold about:
• The major regions are:
• The thermal/mineral springs market employs about 1.8 million workers

Beauty, personal care, and anti-aging market

• The beauty and personal care market is projected to hit $716.6 billion by 2025, at an annual growth rate of 5.9% 
• The global anti-aging market was valued at $58.5 billion in 2020
• At a growth rate of 6.3% per year, the anti-aging sector is expected to reach $260 billion in 2022
• By 2030, the anti-aging market is expected to be valued at $421.4 billion

Organic and natural products in the wellness industry

• In terms of global dietary consumption, 41% choose natural supplements
• For skincare, 36% of survey respondents said they prefer products with natural ingredients 
• 21% of survey participants stated they preferred effective products, regardless if they are organic/natural or not

Health and illness facts

• An estimated 117 million Americans suffer from one or more chronic illnesses in 2012
• It accounted for about 75% of the total U.S. health care cost
• About 86 million Americans have prediabetes
• Only 10% have been diagnosed with the condition
• 80% of people are not ready to take the steps to improve their health and well-being
• Workers who scored low on "life satisfaction" spent an average of 1.25 more days at home or 15 fewer days at work annually 
• 80% of people state that the health and wellness market is filled with conflicting information 

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Use of content

• If you wish to learn more about the health and wellness market, you can send your questions to Nick Rizzo at nick@runrepeat.com. He’s also available for interviews.
• Feel free to use data found in this article on any online publication. We only request that you link back to this original source.

References