Curious About Market Demand? Wellness is now a $4.2 Trillion Global Industry
The health and wellness industry is currently experiencing a healthy boom and doesn’t seem to be slowing down. From aging baby boomers staying active later in life to younger generations looking to adopt healthier habits, this shift toward a better lifestyle is shaping the ever-growing industry like never before.
With a business model based on more than 20 years of private practice and achieving orthopedic wellness for patients, Structural Elements® is poised in more ways than one to benefit therapists and entrepreneurs looking to explore the franchise opportunity.
Here are some interesting statistics to keep in mind:
- The global wellness industry grew 12.8 percent in the last two years from a $3.7 trillion market in 2015 to $4.2 trillion in 2017 according to the 2018 Global Wellness Economy Monitor report
- Wellness expenditures are now more than half as large as total global health expenditures ($7.3 trillion)
- The global complementary and alternative medicine market size was valued at $52 billion in 2017
- Employment of physical therapists is expected to grow by 28 percent from 2016 to 2026 according to the Bureau of Labor Statistics
This growing demand means good news for those interested in the (se)® opportunity – therapists and entrepreneurs who dream of opening their own clinics will find much to love in the franchise’s cash based model. Clients pay directly for services, which means owners and therapists can provide treatment techniques that go beyond the site of injury and are best for the clients’ overall wellness and performance.
With the freedom to treat the whole body rather than being limited to the diagnosis, patients are helped with the appropriate techniques until their health and wellness goals are achieved (while ensuring payment for those services). Considering the value and demand of the industry, it’s certainly a win-win situation.
Click here to learn more about the (se)® franchise opportunity and join the movement.