# 📈 Global Wellness Economy Forecast to $9T by 2028! | Sensate

- Canonical URL: https://wefunder.com/feed/177406
- Entity ID: wefunder:feed_item:177406
- Published at: 2024-11-12 16:28:09 UTC
- Updated at: 2025-07-16 05:45:52 UTC

## Author
Anna Gudmundson

## Subject
Sensate

## Content
As Sensate builds an ecosystem of wellness, we pay particular attention to the trends and insights highlighted by the Global Wellness Institute (GWI). Their recent report includes findings that will be of interest to any investors in this segment of the economy: 1. Massive Market Growth. The global wellness economy reached an all-time high of $6.3 trillion in 2023 and is forecasted to reach $9 trillion by 2028. GWI projects that the global wellness economy will grow at a robust rate of 7.3% annually from 2023-2028, a growth rate substantially higher than the projected global GDP growth (4.8% according to current IMF forecasts).The wellness economy is larger in size than the green economy, IT, pharmaceuticals and sports. 2. Shift to Mental Wellness and Stress Management: Mental wellness is highlighted as one of the fastest-growing sectors in the wellness economy. Consumers are increasingly prioritizing mental and emotional health, driving up the demand for products that alleviate stress and anxiety. 3. Rising Role of Wellness Technology: Technology’s role in wellness continues to expand, with consumers seeking more accessible, personalized, and data-driven wellness solutions. Innovations that provide measurable wellness benefits are particularly appealing. This trend bodes well for companies like Sensate, which leverage technology to deliver scientifically validated stress relief and resilience-building benefits to users.Overall, this growth signifies a robust demand for wellness products and services, including technology-driven solutions that enhance mental health and well-being. It’s a great time to add or increase Sensate in your portfolio!