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Showing posts with the label Health and Wellness Market

Health and Wellness Market Size, Cost Structure, Market Status and Forecasts to 2026

  How healthy are you? Have you ever thought of an answer to this question? We hardly pay attention to the actual meaning of being healthy.  In reality, the true meaning of health goes way beyond—'the absence of disease'.  Even the World Health Organization defines health as "not only the absence of disease or illness, but a state of complete mental, physical, and social well-being". However, wellness is the action a person takes to meet the above definition of health.  Recently, the definition of wellness is being revised and now it means a state where a person lives the best possible life, regardless of having any disease or disability. Wellness is not just limited to a person’s physical well-being, but it is also associated with your social, spiritual, mental, and emotional wellness.  As per the definitions of health and wellness, wellness has a direct influence on the overall health, which is essential for living a healthy, contented, and happy life. Here are some

Sales Revenue of Health and Wellness to Soar in the Near Future Owing to Growing Consumer Adoption

The global market for health and wellness is anticipated to account for   $6,543.4 million in 2026 , at a   4.8% CAGR increasing from $4,514.3 million in 2018. The significant drivers for the health and wellness market are increasing demand for health spas and mineral & thermal springs centers globally. Moreover, thermal and mineral springs have several therapeutic benefits including boosting blood circulation, reducing stress, relieving pain, healing skin diseases and afew other benefits. Also, taking frequent baths in thermal springs can reduce 46% of hypertension; this aspect will eventually boost the health and wellness market growth in the upcoming years. However, the huge expenditure is essential for the launching and maintaining of mineral & thermal springs and health spas, and these are key restraints for the global market size. In addition, price of the health and wellness products is also expected to hinder the market size.Increasing awareness among people about organ