Research Methodology – Workplace Wellness Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Workplace Wellness Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Workplace Wellness Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Availability of global and regional health data.
- The number of companies providing workplace wellness programs.
- Employee participation rate in these programs.
- Investment made by corporations in wellness programs.
- Magnitude of the health sector in the overall economy.
- Demand for workplace wellness solutions and services.
- Growth of the corporate sector and their focus on employee wellbeing.
2 Key Market Indicators
- Number of companies investing in health and wellness programs.
- Percentage of employees participating in wellness programs.
- Investment trend in the workplace wellness market.
- Introduction of innovative wellness solutions and services.
- Government policies promoting workplace wellness.
- Growth and diversification of the health and wellness industry.
3 Growth Trends
- Increased usage of mobile/online fitness platforms for employee engagement.
- More focus on mental health management in the workplace.
- Growth of personalized wellness programs.
- Corporates focusing more on wellness to enhance employee productivity.
- Increasing trend of employers offering flexible work hours for better work-life balance.
- High growth in demand for wellness services post-pandemic era.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Workplace Wellness Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Workplace Wellness Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights