Health Coach Market Is Estimated To Witness High Growth Owing To Rising Awareness Regarding Preventive Healthcare
- Ronak Shah
- World News
- December 12, 2024
The health coach market is estimated to be valued at US$ 17.56 Bn in 2024 and is expected to exhibit a CAGR of 7% over the forecast period 2024- 2031, as highlighted in a new report published by Coherent Market Insights.
Key Market Dynamics:
The growth of the health coach market is driven by increasing awareness about preventative health care and increasing demand for lifestyle coaching. With hectic schedules and stressful lifestyles, People are therefore more likely to seek advice from a health coach to follow a health routine and maintain good health. Health coaches help clients determine health goals and lifestyle changes for weight loss. Reduce stress levels quit smoking management of chronic diseases, and much more. Moreover, increasing obesity rates across the world are increasing the need for weight management programs, which is driving the market growth.
Key Market Trends:
Digital health coaching is emerging as a key trend in the market. With rising penetration of internet and smartphones, people are making use of digital platform and mobile apps for connecting with health coaches online and receive guidance.
Digital health coaching provides convenience to clients as they can access counseling sessions remotely as per their schedule. Another trend gaining traction is corporate wellness coaching where companies are offering employee wellness programs involving health coaches.
This is being done to increase productivity by promoting worker health and reducing stress. Coaching services related to nutrition, physical activity, smoking cessation are provided under such programs.
Request for a Sample Copy:https://www.coherentmarketinsights.com/insight/request-sample/7177
Health Coach Market Opportunities
By Service Type Insights
The health coach market by service type is segmented into remote services and on-site services. The remote services segment accounted for a revenue share of around 65% in 2024 owing to the growing adoption of digital health solutions. People are opting for remote health coaching services due to the added convenience and affordability. This segment is expected to witness a CAGR of 8% during the forecast period.
By Mode Insights
In this mode, the health coach market is segmented into personal health coaching and group coaching. Personal health coaching will dominate the market with over 70% share by 2024. Personal health coaching provides individualized attention, support, and guidance on behavior change from a health coach. This segment is expected to grow at a CAGR of 7% through 2031, driven by increased focus on preventive healthcare.
Key Market Takeaways
The global health coach market size was valued at USD 17.56 Bn in 2024 and is anticipated to witness a CAGR of 7% during the forecast period 2024-2031, owing to the rising incidence of chronic diseases and focus on preventive healthcare.
By service type, the remote services segment is expected to hold a dominant position, owing to the growing adoption of digital health solutions.
By mode, individual health coaching is expected to hold a dominant position over the forecast period, due to the personalization it offers.
Regionally, North America is expected to hold a dominant position over the forecast period, due to the higher willingness to pay for health and wellness services in the region.
Competitor Insights:
Noom, Inc.,
HealthifyMe,
WW International,
DailyBurn,
PEAR Sports,
Fitz and Floyd Wellness Coaches,
Nutrisystem,
Recent Developments in Health Coach Market
Market Growth and Online shift: The Health coach market is projected to grow significantly, reaching approximately $33.09 Bn by 2034. Online coaching has become the leading mode of delivery, driven by increased internet access and smartphone use. This shift allow individuals to access coaching from remote location enhancing accessibility.
Diverse Application: Health coaching now encompasses areas such as chronic disease management, nehavioral health, and general wellness. Programs targeting stress management, weight loss, and lifestyle modification are particularly popular.
Interested to know the Market up Close Buy the Full-report now:https://www.coherentmarketinsights.com/insight/buy-now/7177
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.