"The built environment is the next frontier and the most significant future opportunity for wellness. One's home accounts for 85% of health outcomes, meaning where and how we live. The Global Wellness Institute (GWI), considered the leading global research and educational resource for the wellness industry, reports that nearly 15% of global GDP is spent on construction annually. Because of this and the industry's impact on the broader economy, wellness real estate is one of the 11 sectors the GWI tracks annually."
"Over the past few years, wellness real estate has been the fastest-growing sector, increasing by 19.5% last year and projected to continue growing at 15.2% annually from 2024 to 2029. Recently released GWI data estimates that the wellness real estate sector is now valued at $548 billion globally. Developers, homebuilders, and investors increasingly see the impact an intentional focus on wellness has on their business, and with good reason. In the latest America at Home Study, 60% of consumers cited improves my health and wellness"
The built environment is a key opportunity for health, with homes accounting for 85% of health outcomes. Construction represents about 15% of global GDP, and the Global Wellness Institute tracks wellness real estate. Wellness real estate grew 19.5% last year and is projected to grow 15.2% annually from 2024 to 2029, with an estimated value of $548 billion. Consumer demand for wellness features is rising: 60% of Americans cite improved health and wellness as their top reason for desired home features, a 17% increase over two years. GWI case studies profile operational projects in the US and UK.
Read at www.housingwire.com
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