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Luxury Wellness Brands Are Thriving. But Who Are They Really Helping?
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Luxury Wellness Brands Are Thriving. But Who Are They Really Helping?

Digital fitness led by data-focused companies

The global wellness industry is worth over $4 trillion. But the high cost of supplements and fitness equipment has left millions of Americans in its wake.

Costly doctor bills, high insurance premiums and painfully expensive pharmaceuticals have many citizens turning to wellness to improve their health. And while humans have been practicing wellness for millennia, it’s only recently become a major industry. According to the Global Wellness Institute, the wellness industry was last valued at $4.2 trillion as of 2017, the biggest categories being personal care, beauty and anti-aging ($1.1 trillion); nutrition and healthy eating ($702 billion); and fitness and mind-body products ($595 billion).

However, not everyone can afford to reap the industry’s potential benefits… READ MORE @ Gear Patrol

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