Global Wellness Real Estate Market - Focused Insights 2025-2030

WELLNESS REAL ESTATE MARKET SIZE & SHARE

The global wellness real estate market, valued at USD 463.24 billion in 2024, is expected to reach USD 944.11 billion by 2030, growing at a CAGR of 12.60%. This growth is driven by increasing awareness of health and well-being, a shift toward healthier work environments, and rising renovation activities. Other factors include the expansion of commercial spaces, the adoption of smart technology and biophilic design, and a focus on mental well-being and sustainability. As consumers prioritize wellness, developers are integrating features like wellness gyms, natural elements, and air/water purification technologies, alongside energy-efficient and sustainable solutions.

WELLNESS REAL ESTATE MARKET NEWS

• In 2025, Skanska’s US-based commercial development team is currently working on four developments across the country that put tenants’ health and well-being at the forefront. 3901 Fairfax Drive is an office building, offers a nine-story WELL pre-certified workplace that prioritizes health and wellness.
• In 2025, CBRE Group, Inc. announced that it had completed its plan to combine its project management business with Turner & Townsend, its majority-owned subsidiary. The company is continuously developing various properties across the world by considering wellness practices.

WELLNESS REAL ESTATE MARKET TRENDS & DRIVERS

Adoption of Smart Technology

The adoption of smart technology is a key trend in the global wellness real estate market. This includes smart building systems, community wellness technologies, and smart home innovations. Smart sensors can monitor air quality in real time, detecting allergens and pollutants, while automated systems adjust filtration and ventilation to ensure optimal air quality. Smart lighting, like circadian lighting, enhances productivity by improving sleep and mood. Additionally, smart home technology aids sleep monitoring, with devices and beds that track sleep patterns and provide personalized recommendations. The integration of these systems also helps optimize sleep conditions by adjusting temperature, dimming lights, and more.

Shift Towards Healthier Work Environments

The shift towards healthier work environments is a major driver in the global wellness real estate market. Key wellness features in workspaces include circadian lighting, air purification systems, acoustic design, ergonomic furniture, fitness centers, plants and green spaces, healthy food options, and meditation areas. As businesses focus more on employee well-being, the demand for workspaces that support both productivity and health is growing. Companies are increasingly using wellness-focused spaces to attract and retain top talent, particularly younger generations who prioritize work-life balance.

INDUSTRY RESTRAINTS

High Construction Cost

High construction costs present a major challenge in the global wellness real estate market. These costs are driven by the use of specialized materials, advanced technologies, labor expenses, and compliance with certifications and standards. Wellness real estate incorporates sustainable or healthier materials, which are more expensive than traditional ones, such as advanced water filtration systems, non-toxic insulation, and low-VOC paints to improve air quality. Additionally, the design and engineering requirements for wellness properties, including noise reduction, enhanced ventilation, natural light, and biophilic design, contribute to higher costs.

WELLNESS REAL ESTATE MARKET SEGMENTATION INSIGHTS

• By Wellness Feature: In 2024, the physical wellness segment held the largest global wellness real estate market share, over 43%. This segment includes sports facilities, fitness centers, and cycling/walking paths, with rising demand driven by increased health awareness, greater participation in fitness activities, and the integration of healthy lifestyles. Fitness centers, often featuring gyms and pilates studios, cater to the growing recognition of the benefits of regular exercise. Cycling and walking paths encourage activities like jogging and biking, supporting both physical and mental well-being. The trend toward active transportation is further boosting the demand for these features, driving growth in the wellness real estate market.
• By End-User: The mixed-use segment is growing rapidly, with a CAGR of 13.28%. These developments emphasize holistic living, featuring green spaces, walkability, community-focused technology, and sustainable design. There is rising demand for parks, natural areas, and communal spaces that support well-being and recreation. Consumers increasingly prefer integrated communities with easy access to wellness amenities, while pedestrian-friendly infrastructure and bike lanes promote physical activity. The demand for mixed-use wellness real estate is expected to grow as businesses incorporate wellness features like healthy food outlets and fitness studios.
• By Category: The new development segment holds the largest share in the global wellness real estate market, driven by growing awareness of how built environments impact health and well-being. Key factors include the rise of integrated townships, urbanization, business expansion, e-commerce growth, demand for grade-A office spaces, sustainability, and the adoption of smart technologies. There is a strong demand for energy-efficient, eco-friendly commercial buildings and sustainable constructions with wellness features like meditation rooms, yoga studios, and fitness centers. The rapid growth of businesses and urban development, especially in tier-2 and tier-3 cities, is further boosting the need for new retail, office, and mixed-use spaces, fueling the growth of the new development segment.
• By Area: Urban areas lead the global wellness real estate market, driven by high population density and demand for new construction and renovations. In developed countries like the U.S. and the U.K., residents with higher incomes prioritize wellness-focused homes. The focus on quality of life is increasing demand for quieter environments with advanced filtration, as well as communal spaces that reduce isolation. Developers are incorporating natural elements like sunlight and plants to connect residents with nature, fueling the growth of wellness real estate in urban regions..

WELLNESS REAL ESTATE MARKET GEOGRAPHICAL ANALYSIS

North America leads the global wellness real estate market with over 40% share, driven by factors such as a growing focus on health, an aging population, technological advancements, rising stress levels, wellness tourism, busy lifestyles, and increased sustainability awareness. Higher disposable incomes allow greater investment in premium wellness properties, with strong demand for eco-friendly developments aligning with consumer priorities. In 2024, the U.S. and Canada are the leading markets, with the U.S. contributing the largest revenue share due to its economic size and rising awareness of health issues. The region places a high emphasis on fitness, preventive healthcare, and sustainable building practices.

The Middle East & Africa market is the fastest-growing, with a CAGR of 14.62%. Growth is driven by increasing health consciousness, rising disposable incomes, economic development, and wellness tourism. Corporate wellness initiatives, government investments in tourism, and a focus on luxury properties also contribute. The growing demand for high-end properties, especially those with wellness amenities, and the expansion of the travel sector are fueling market growth in this region.

WELLNESS REAL ESTATE MARKET VENDOR LANDSCAPE

The global wellness real estate market report highlights data from 27 vendors, showcasing both local and global players. As demand for wellness features in properties increases, established companies are focusing on developing high-end, luxury buildings to attract affluent clients. The rise in green building practices has also fueled demand, with companies targeting eco-conscious individuals. To stay competitive amid growing government regulations, companies are prioritizing wellness-focused amenities. This includes the use of sustainable materials, biophilic design, indoor air quality, and noise reduction. Many companies are also promoting wellness features in workspaces to boost employee productivity and offering new wellness-focused commercial spaces alongside renovation services.