Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Well-Being and Corporate Performance are Top Priorities
save 25 %
* Required Fields
Pay by invoice
The purpose of this research service is to present a comprehensive analysis of the global employee health management information technology (EHM IT) market, with respect to how digital health platforms are expected to help employers devise and scale clinical and wellness programs that ensure employee well-being and improve organizational productivity through better financial performance. This is a global study that classifies key markets based on their receptivity for employer-specific health and wellness initiatives that are delivered through digital health enablers. The study period is from 2019 to 2024, with the base year as 2019 and forecast period from 2020 to 2024. The study does not cover occupational health and safety standards, which could be subjective to a particular industry’s unique legal and operational attributes. However, it focuses on various clinical and financial aspects of employee wellness and how digital health solutions can be used to establish a cohesive culture of healthy living at an enterprise level.According to industry estimates, 69% of an average workforce of 20,000 employees either suffer from or are at risk of major illness, resulting in significant disruption to the operational status quo. At a global level, employers lose an aggregate of $300 billion annually in direct medical costs and indirect productivity costs. Most of these employers are witnessing higher growth of employee benefits costs year over year as their employees remain vulnerable to serious clinical risks that include various chronic conditions, comorbidities, and mental health issues stemming from lifestyle and sociobehavioral attributes. Poor nutritional habits, lack of regular exercise, and care plan non-adherence are further escalating the matter for employers, who in many cases are spending as much as $12,600 per employee per year in medical costs.To tackle this global challenge, major employers are collaborating with mature and progressive EHM IT solution providers that are devising, deploying, and scaling clinical and wellness programs that ensure employee well-being and better financial performance through improved organizational productivity. This year, for example, North American employers have spent more on employee health and wellness programs than ever before. Many of them are on a mission to establish a wellness-focused workplace that fosters the culture of preventive healthcare among all employees, regardless of their seniority, ethnicity, or designation. However, challenges still persist as most EHM IT solution providers that employers partnered with have failed to improve employee health outcomes for a sustained period of time, and in many cases could not demonstrate tangible returns—neither in the form of better cost saving nor higher productivity. Hence, an undeniable need exists for a flagship digital health platform that personalizes employee health benefits and delivers positive outcomes quantitatively.This study aims to pursue a deep dive on the various healthcare IT solutions that enable employers to deploy personalized wellness, behavior change, surgical rehabilitation, and benefits management services for their employees at home, in the office, or on the go.
Key Issues Addressed
Author: Koustav Chatterjee
US Healthcare Cybersecurity Growth Opportunities
Global Small Molecule Contract Development and Manufacturing Organization (CDMO) Growth Opportunities
Explosion of Data Drives the US Social Determinants of Health Market
Smartphone-based Saliva Testing and Self-monitoring of Blood Glucose Driving the Digital POCT Market
Smartphone-based Solutions Spur the Global Infectious Disease Point-of-Care Testing Market, Forecast to 2024
Post-pandemic Growth Opportunity Analysis of the Meetings Market
Mexican Connected Truck Market, Forecast to 2025
North American Hosted IP Telephony and UCaaS Market, Forecast to 2025
Frost Radar in the US Healthcare Data Analytics Market
German Dental Practice Management Software Market, Forecast to 2024
smart home market
commercial uav market
heavy truck market
plastic waste management market
smart lighting market
alternative energy market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.