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Table of Contents
Introduction
Market Dynamics
Ecosystem
Consumer Dynamics
Key Considerations
Global Wellness Market* Size 2015-2025 (USD, Bn) An Interconnected Health and Wellness Industry (2018)
8 COVID-19 35% Post COVID-19
Outbreak Growth
7 Applications
Smart Wearables
30% USD 575 Bn
6.12 Preventive
6 Boom USD 134 Bn Health
5.47 25%
Wellness Real
Household
5 4.56 Estate USD 1,083 Bn Wellness
4.22 20% Beauty and
4 3.72 USD 49 Bn Anti-aging
15% Workplace
3 USD 639 Bn Wellness
In-vehicle
Wellness
10% Wellness
Tourism
2
5%
USD 86 Bn
1 Digital Health
Wearables
0 0%
USD 9,500 Bn
2015 2017 2019 2020E 2025F USD 62 Bn Healthcare
Market Revenue Growth Rate Wellness
*The wellness market includes wellness real estate, workplace wellness, wellness tourism, Wellness Sector Device
Smartphone
thermal/mineral wellness, traditional complementary medicine and spas. It excludes medical
treatment, medical devices, and medicines. Healthcare Sector
Source: Global Wellness Institute (GWI), Policy Advice Survey, Netscribes Analysis
The UK 38
Source: Innovation Institute Germany, Tata Elxis Whitepaper, Altimetrik Whitepaper, Netscribes Analysis
Hyundai is exploring the use of Ultraviolet (UV) light for Geely a Chinese automotive OEM was the first to introduce
cabin sterilization. Since direct exposure to UV is harmful for a COVID-19 centric air purification system in February 2020.
the human skin, the company is integrating a sensor that This system uses an Intelligent Air Purification (IAP)
will activate the UV light when the car is empty technology which achieves N-95 grade filtration
Source: JustAuto, News Articles, Company Press Release Note: The developments/initiatives are as of October 2020
Use Cases*
Hospitals
Medical Wearables Regulators
Driver Health Scoring
Telemedicine Pharmacy
Insurance Providers
Driver Health Monitoring
Cloud Providers Mobile Devices
Wellness Electronic
Centers Medical
OEMs
Records
E-Call Services
Source: Netscribes Analysis *Use cases are indicative and not exhaustive
Personal Mobility
Source: Global Wellness Institute (GWI), Policy Advice Survey, Netscribes Analysis *Companies mentioned are indicative but not exhaustive
Vehicle Quality
Interior - Antibacterial Materials
Bus/Metro
Vehicle Price
Connected Features
Private Cars Autonomous Parking
Ownership Cost
Source: Capgemini Research Institute Survey (April 2020, N=3,900), Netscribes Analysis
Pharmacy 82%
20%
20%
46%
Healthcare Providers 83%
10%
Hospitals 84%
Very confident Somewhat confident 0%
0% 50% 100% Baby Gen X Millennials Gen Z
Not very confident Not at all confident
boomers
Source: Accenture 2020 Digital Health Consumer Survey (August 2020, N=7,804), Netscribes Analysis
Connected
Automotive Healthcare
Higher Consumer
“
“Ford’s approach to health and wellness in the vehicle is not about trying to take
on the role of a healthcare provider. We’re a car company and our goal is to work
Ecosystem Acceptance closely with healthcare tech companies to develop intelligent ways for Ford
vehicles to not just offer safety but also take care of its passengers in terms of
health and wellness. Health and wellness provides a tremendous opportunity for
Data Brand Ford to provide peace of mind and a personal benefit to drivers and passengers
Monetization Building while they are in our vehicles.”
- Director of Research at Ford
Value Addition
Source: Netscribes Analysis
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