Wellness
Conference Worldwide
Delivered – Virtually
February 11, 2025
Welcome to the Wellness Conference Worldwide. Explore the latest trends and innovations in health, wellness, and self-care from experts in the field. Hear from industry leaders as they share insights on achieving well-being in today’s fast-paced world. Join us virtually on February 11, 2025, and gain unparalleled knowledge on transforming your wellness journey.
The following are among the technologies designed to serve the wellness industry:
- Biomonitoring and Wearables
- AI-Powered Fitness Coaches
- Computer Vision for Physiotherapy
- Virtual Reality and Augmented Reality
- Telehealth and Remote Consultations
- Remote Patient Monitoring
- Digital Health Solutions
- AI in Biotechnology and Medicine
- Smart Home Health Hubs
A lot of money is moving around in the wellness industry. Below are some of the recent acquisitions and IPOs of wellness companies:
- Novo Holdings acquired Catalent for $16.5 billion in March 2024. Catalent is a pharmaceutical solutions provider.
- CVS Health acquired Oak Street Health for $10.6 billion in February 2024. Oak Street Health is a primary care provider.
- Optum acquired Amedisys for $1.2 billion in January 2024. Amedisys is a home health and hospice provider.
- BrightSpring Health Services went public in January 2024. They offer home and community-based health services.
- American Healthcare REIT completed its IPO in February 2024. They invest in healthcare properties.
- Auna S.A. went public in March 2024. They offer integrated healthcare services in Latin America.
- Mobile-health Network Solutions had its IPO in April 2024. They develop mobile technology platforms for healthcare delivery.
- KindlyMD completed its IPO in May 2024. They provide telemedicine services and digital health solutions.
- Waystar Holding Corp. went public in June 2024. They develop technology solutions for healthcare payments.
The global wellness market was valued at approximately $5.6 trillion in 2022 and is expected to reach $8.6 trillion in 2027.
The definition of the wellness industry is expansive. It includes everything from cosmetics to anti-aging products; from vitamins to organic foods; from sports to exercise equipment; from traditional medicine to alternative medicines; from wellness retreats to wellness tourism; and, from mental wellness to real estate wellness.
Some of the fastest growing sectors of the wellness industry include:
Wellness Tourism: Projected to cross the $1 trillion mark in 2024.
Mental Wellness: The overall mental wellness market grew from $130 billion in 2019 to $181 billion in 2022.
Wellness Real Estate: This sector grew from $225 billion in 2019 to $398 billion in 2022. Wellness real estate is a growing sector in the real estate industry that focuses on designing, constructing, and managing properties to promote the holistic health and well-being of their occupants.
What are the growth drivers for the wellness industry?
The wellness industry is experiencing rapid growth due to several key factors:
Increased Health Consciousness: There’s a growing awareness of the importance of physical and mental well-being, driven in part by rising rates of chronic diseases and stress-related conditions.
Pandemic Impact: The COVID-19 pandemic significantly accelerated interest in wellness, particularly in how living environments impact health.
Consumer Demand: 95% of homeowners and renters believe their home impacts their health, and 73% say health will be a deciding factor in choosing their next home.
Technological Integration: Incorporating technologies like AR, VR, IoT, and blockchain is driving innovation in health and wellness products and services.
Lifestyle Changes: Sedentary lifestyles, busy schedules, and the prevalence of chronic diseases are pushing consumers toward wellness solutions.
Wellness Tourism Growth: This sector is booming. It is projected to cross the $1 trillion mark in 2024 and grow at a CAGR of 16.6%.
Expanding Market Segments: Various sectors within wellness, such as mental wellness, fitness technology, and mindful movement, are experiencing rapid growth.
Demographic Shifts: An aging population and increased health awareness among younger generations are driving demand for wellness products and services.
Each management team will discuss their company’s existing and forthcoming product offerings. They will apprise listeners of their addressable markets and expectations for payor profiles. They will inform us of their research and development efforts, proprietary technologies and patent portfolios. They will tell us about their business models including the extent of their collaborations, licensing strategies, distribution channels, manufacturing strategies, milestones and exit strategies.
Please check back for the agenda of presenting companies. If you would like to nominate a company to present, please contact David Wanetick at dwanetick@davosinthedesert.us.
Register now to listen to presentations from industry leaders and innovators. Registration is free for members of Davos in the Desert. Non-members can register now for just $10. No refunds.
Secure your spot today and be part of shaping the future of wellness industry!