Highlights from the Global Wellness Summit
Growth of the industry to 4.2 Trillion
The global wellness industry grew 12.8% in the last two years, from a $3.7 trillion market in 2015 to $4.2 trillion in 2017. The 2018 Global Wellness Economy Monitor released new data on the ten markets that comprise the global wellness economy providing fresh evidence that wellness remains one of the world’s biggest and fast-growing industries.
From 2015-2017, the wellness economy grew 6.4% annually, nearly twice as fast as global economic growth (3.6%)
Wellness expenditures ($4.2 trillion) are now more than half as large as total global health expenditures ($7.3 trillion)
The wellness industry now represents 5.3% of global economic output