Economic Valuation: US Health and Wellness Market Size
Assessing the US Health and Wellness Market Size reveals an industry that is larger than the global information technology and tourism sectors combined. With an estimated valuation of over USD 2.3 trillion, the US market represents the largest single-country wellness economy in the world. This economic weight gives US consumers significant influence over global supply chains, as their demand for sustainable and ethically sourced ingredients drives production standards in South America, Africa, and Asia.
Investment in the sector remains high, with private equity firms showing a keen interest in "omni-channel" wellness brands that have a strong presence both online and in physical retail. The market size is also being bolstered by the entry of "Big Tech" players like Apple and Amazon, who are integrating wellness services into their core platforms. As these companies leverage their vast data repositories to offer personalized health insurance and pharmacy services, the total economic footprint of the US wellness market is expected to continue its upward trajectory well into the 2030s.
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