The Health Coaching Global Market Report 2023, provides comprehensive information on the health coaching market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global health coaching market size is expected to grow from $17.13 billion in 2022 to $18.69 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The health coaching market size is expected to reach $25.92 billion in 2027 at a CAGR of 8.5%.
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Technological advancements are a key trend gaining popularity in the health coaching market. Major companies operating in the health coaching market are adopting new technologies to sustain their position in the market. For instance, in May 2023, Second Nature Healthy Habits Ltd., a UK-based wellness and fitness services provider, launched a new AI health coaching tool called CoachGPT. This innovative technology is a conversational AI that can help users set goals, track progress, and stay motivated on their health journey. CoachGPT is powered by OpenAI’s GPT-3 language model, which is one of the most advanced AI models in the world. GPT-3 is trained on a massive dataset of text and code, which allows it to generate text, translate languages, write different kinds of creative content, and answer user questions in an informative way. Additionally, this powerful AI can provide personalized guidance, motivation, and support to users. It can answer questions about health and nutrition, provide feedback on progress, and offer suggestions for how to stay on track.
The health coaching market is segmented:
1) By Type: Holistic Health Coach, Wellness Health Coach, Primal And Paleo Health Coach
2) By Mode: Online, Offline
3) By Duration: Less Than 6 Months, 6 Months To 12 Months
4) By Application: General Wellness, Weight Loss, Technology Detoxification, Smoking Cessation, Behavioral Health, Anxiety And Depression Relief, Stress Management, Sleep Support, Chronic Conditions
North America was the largest region in the health coaching market in 2022.
The table of contents in TBRC’s health coaching market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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