Global Health Coach Market Size By Type of Coaching (Disease Management Coaching, Physical Fitness Coaching, Nutrition Coaching, Stress Management Coaching), By Application (Hospitals and Clinics, Fitness Centres, Corporate Organizations), By Geographic Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Health Coach Market size was valued at USD 6.8 Billion in 2022 and is projected to reach USD 13.4 Billion in 2030. Growing at a CAGR of 8.7% from 2023 to 2030.
It's pretty cool how digital health coaching platforms are popping up everywhere, giving us a simple way to get coaching help from anywhere! Lots of these health coaching systems not only sync up with your wearable fitness gadgets and other health trackers, but they also give you personalized data and insights to help you crush your health goals. But, heads up, the fact that insurance usually doesn't cover health coaching and there aren't really solid, standardized rules for coaches might slow down the market's growth a bit. If you want the lowdown on all of this, The Global Health Coach Market report gives a holistic view of the market. Inside, you'll find a deep dive into the key parts, trends, what's driving things, what's holding things back, who's competing, and all the stuff making a big difference in the market.
Global Health Coach Market Definition
Think of health coaches as guides in the often-confusing world of wellness. This quickly expanding field in healthcare is all about helping people make healthy choices and positive changes. We're talking about avoiding or managing long-term illnesses by focusing on lifestyle. Health coaches partner with you to create personalised plans covering everything from food and exercise to managing stress. They’re like your personal wellness team! They might come from different backgrounds – maybe nutrition, exercise science, or even nursing – and they might work solo or as part of a bigger healthcare team. Some coaches even specialise in areas like mental health, diabetes prevention, or weight management.
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Global Health Coach Market Overview
Due to rising health consciousness among people and increased demand for personalised healthcare services, the global market for health coaches is growing quickly. Professionals known as health advisors help their clients improve their health and wellness by offering guidance, inspiration, and knowledge. They help clients create customised wellness plans and accomplish health-related goals. One of the key factors influencing the market for health coaches is the increased prevalence of chronic disorders. According to the World Health Organisation, chronic diseases account for roughly 71% of all fatalities worldwide, making them the leading cause of death.
By providing their clients with the knowledge and skills required to lead healthy lifestyles, health advisors can significantly contribute to the prevention and management of chronic diseases. Another element influencing the market for health consultants is the rising desire for individualised healthcare services. Many people are looking for healthcare services that are catered to their needs and preferences. Health consultants are able to offer tailored services that help people achieve their health goals effectively and sustainably. However, many people may find the cost of health counselling services to be prohibitive.
Let's face it, getting health counselling can cost a pretty penny, and that keeps some folks who could really use it from getting help. Plus, the whole industry is a bit like the Wild West, with no one really making sure everyone's offering top-notch services. But here's the good news there's tons of room for growth in the health coaching world! Think about ittelehealth and those handy mobile apps mean you can get coaching right from your couch. And with everyone getting more into preventative care, expect even more opportunities for health coaches in the years to come.
Global Health Coach Market Segmentation Analysis
The Global Health Coach Market is Segmented Based on the Type of Coaching, Application, and Geography.
Health Coach Market, By Type of Coaching
Disease Management Coaching
Physical Fitness Coaching
Nutrition Coaching
Stress Management Coaching
Others
Based on the type of coaching, the Health Coach Market is segmented into disease management coaching, physical fitness coaching, nutrition coaching, stress management coaching, and others. Nutrition coaching holds the highest market share due to the increasing prevalence of lifestyle-related diseases, the need for personalized nutrition plans, and growing health consciousness among the population.
Health Coach Market, By Application
Hospitals and Clinics
Fitness Centres
Corporate Organizations
Individuals
Based on the application, the Health Coach Market is segmented into hospitals and clinics, fitness centres, corporate organizations, and individuals. The corporate organizations segment holds the highest market share due to the increasing focus on employee health and wellness programs and the growing need for stress management coaching to enhance productivity.
Health Coach Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Based on the region, the Health Coach Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds the highest market share due to the increasing prevalence of chronic diseases, growing health consciousness, and the presence of key market players in the region.
Key Players
The “Global Health Coach Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are ACE Health Coach, National Society of Health Coaches (NSHC), Duke Integrative Medicine, Dr. Sears Wellness Institute, Wellcoaches Corporation, Nudge Coach, Vida Health, Fitbit, Inc., Noom, Inc., Omada Health
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
In March 2021 – The health coaching app Noom raised $540 million in March 2021 to expand its offerings and scale its operations.
In October 2020 – Virta Health, a company that provides personalised coaching to individuals with type 2 diabetes, raised $65 million in October 2020 in order to further develop its platform and expand its services.
In August 2020 – Wellbeats, a virtual fitness and wellness platform, announced a partnership with virtual coaching company CoachMePlus in August 2020 to integrate CoachMePlus’ coaching services into its platform.
Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2019-2030
Base Year
2022
Forecast Period
2023-2030
Historical Period
2019-2021
Unit
Value (USD Billion)
Key Companies Profiled
ACE Health Coach, National Society of Health Coaches (NSHC), Duke Integrative Medicine, Dr. Sears Wellness Institute, Wellcoaches Corporation, Nudge Coach, Vida Health, Fitbit, Inc., Noom, Inc., Omada Health .
Segments Covered
By Type of Coaching
By Application
By Geography
Customization Scope
Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope
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Research Methodology of Market Research
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Reasons to Purchase this Report
We'll take a good look at the market, diving into both the numbers and the less tangible stuff, breaking it down by segmentation, considering both the economy and other things that matter. You'll get USD Billion values for each segment and sub-segment. We'll tell you which region and segment we think will grow the fastest and be the biggest. Our geographical analysis will show you where the product/service is being used the most and what's driving the market in each area. You'll also see a competitive landscape, including how the big players rank and what they've been up to in the last five years – new products, partnerships, expansions, and acquisitions. We'll give you detailed company profiles, covering everything from an overview and insights to product comparisons and SWOT analyses. We'll also explore the current and future outlook, highlighting opportunities, drivers, challenges, and restraints in both emerging and developed regions. Plus, we'll give you an in-depth look at the market through Porter's five forces analysis and a value chain perspective. You'll get a feel for the market's dynamics, including growth opportunities down the road, and we're even throwing in 6 months of analyst support after the sale, just in case.
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