What is Health Coaching Market Scope?
Health Coaching is used to engage client/patients in conversation to know their health behavior change. This coaching process is similar to talk therapy in that it involves two people discussing ideas and issues but related to health. People tend to hire health coaches to help them with a broad variety of health issues, such as weight loss, stress reduction, chronic conditions management, improving diet and exercise, tobacco cessation, addiction, adjusting to a life-altering health event, and among other. According to the Functional Medicine Coaching Academy, approximately 24 million Americans have been diagnosed with an autoimmune disease and nearly 2 billion people worldwide are overweight, including 41 million children. The demand for health coaching has increased in order to change bad lifestyle habits and manage physical activities to avoid various chronic diseases.
Influencing Trend:
Emergence of Corporate Health Coaching Programs
Market Growth Drivers:
Increasing Health Coach Programs and Change Bad Lifestyle Habits to Healthy Lifestyle
Challenges:
Lack of Awareness among Undeveloped Countries
Restraints:
Increasing Price of Personal Health Coaching
Opportunities:
Demand from Developed and Developing Countries and Need to Have Health Mentor for Adults
The Health Coaching market study is being classified, by Application and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Aetna Inc. (United States), American Association for Health Education (United States), American Council of Exercise (United States), Cigna (United States), Cleveland Clinic (United States), Dr. Dears Wellness Institute (United States), Duke Integrative Medicine (United States), Health Coach Institute (United States), Humana (United States), International Coach Federation (United States), Kaiser Permanente (United States), Mayo Clinic (United States), National Society of Health Coaches (United States) and United Health Group(United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Health Coaching market by Type, Application and Region.
On the basis of geography, the market of Health Coaching has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In September 2022, the American Council on Exercise (ACE) announced an expansion of its health coaching education and training via the acquired of the Dr. Sears Wellness Institute (DSWI). DSWI will join ACE as part of a new division, ACE Health and Wellness. This new division is unprecedented for ACE and cements its role as a leader in the health coaching industry.
In June 2023, YourCoach.Health, the industry's only operating system for behavior change powered by health coaches, announced a partnership with Medisafe, the leading digital health company specializing in patient engagement and medication management, through which Medisafe's current and future customers will have the opportunity to augment their patient support programs by leveraging YourCoach's cross-speciality live health coaches to assist better patient outcomes.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Health Coaching Providers and Government Regulatory and Research Organizations
Health Coaching Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Health Coaching Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Health Coaching industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.