"It's astounding the speed in which a new focus on longevity is rewriting the wellness market," said Beth McGroarty, research director at the Global Wellness Institute.
The global wellness market, valued at $5.6 trillion in 2022, reflects a significant growth, indicating rising trends in health and longevity spending among wealthy Americans.
41% of Americans are willing to spend time ensuring they can live as long as possible, showing a societal shift towards prioritizing health and longevity.
Almost half of high-income Americans are ready to spend their discretionary income on health, which highlights a significant difference in health spending intentions across income brackets.
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