The Global Wellness Institute (GWI) defines the wellness economy as industries that enable consumers to incorporate wellness activities and lifestyles into their daily lives. In our definition, the wellness economy encompasses eleven varied and diverse sectors.
GWI first pioneered this concept and measured the wellness economy in the 2014 Global Wellness Economy Monitor, when we estimated wellness as a $3.4 trillion industry in 2013. To our knowledge, this was the first time that wellness was defined and measured as a global industry, with underlying sector-level and country-level data. Since then, we have published updated figures on the wellness economy for 2015, 2017, and 2019-2022. The overall wellness economy definition, framework, and measurement methodology have not changed over the last decide, but we have made a few key expansions.
Read the full Report to learn more about these expansions and the updated research.
Annually, Leisure Media publishes the HCM Handbook for health & fitness professionals to share resources and insights on industry trends, research, and insider information from contributing industry professionals from all over the world. View the current HCM Handbook for the most up to date resources for industry professionals.