MIAMI, United States — The Global Wellness Institute (GWI) is set to release new research on the Global Wellness Economy, including an update on its size and each of its key sectors.
The new report, “The Global Wellness Economy: Looking Beyond COVID” will launch as part of its Global Wellness Summit, an annual event in which international leaders in the multi-trillion-dollar global wellness industry meet to positively shape the future landscape.
Since 2014, the GWI has measured the size of the wellness economy worldwide, most recently identifying mental wellness as a rapidly expanding $121 billion market, and part of the eleven leading industries contributing to its overall value of $4.5 trillion.
Its data is widely used by business leaders, researchers and the media as a means of tracking and contextualizing the wellness industry, and this update is set to be no different.
Originally to be held in Tel Aviv, Israel, due to shifting world travel restrictions, this year’s Global Wellness Summit will now take place in Boston in the US, from November 30th to December 3rd, where the new research will be released.
Taking place as a hybrid offering, the event will cater to both in-person participation (where delegates are immersed in networking and social events) and a comprehensive virtual package.
Its focus will revolve around the new era that is unfolding post-COVID and how that will be defined by unprecedented intersections between health and wellness.
Speaking about the decision to pivot the summit’s location, Susie Ellis, GWS chair and CEO explained:
“After consulting with the GWS’s global Board of Advisors and our close partners in Israel, we made the decision to pivot to the US again this year.”
She continued: “The 2021 Summit will explore the dramatically different and vibrant future for wellness that lies ahead after the lessons of the pandemic: an epoch where the relationship between ‘health’ and ‘wellness’ gets completely rethought, driving so much creativity and opportunity.”
According to the Global Wellness Institute, next year’s summit will now take place in Israel.
The Summit’s full agenda is yet to be released. However, more information can be found here.