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The Future of Wellness

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Description



This webinar will highlight our latest US research on the Consumer Health & Wellness market, in which we identify key trends shaping consumer demand for wellness products and services, and outline implications and opportunities for companies competing in or looking to enter this space.

Our research, which surveyed over 2,000 US consumers, shows growing interest in wellness across six dimensions (health, fitness, nutrition, appearance, sleep, and mindfulness), even as the impact of COVID recedes. Among others trends and opportunity areas, we found: (1) an increasing focus on Sleep, where consumers expressed the highest level of unmet need from current products and services on offer, (2) Millennials leading the pack in terms of spend and prioritization of wellness, and (3) that natural.

Webinar Objectives

  • Identify key consumer trends shaping demand for health and wellness products and services.
  • Share our perspectives on the outlook for the US health and wellness market, broadly speaking, including a view on change since 2020.
  • Outline the implications of our research and potential opportunities for competing operating in, or looking to enter, the health and wellness space. 

Contributors

  • Jonathan Medalsy

    • Jon is an Associate Partner in McKinsey’s Consumer and Private Equity practices, and co-leads McKinsey’s Consumer Health and Wellness service line in North America
    • Jon advises Private Equity firms on investment strategy and commercial due diligence across a range of topics, including Consumer Health and Wellness. Jon also has extensive experience working with pharmaceutical players and large consumer and retail companies on M&A and other commercial growth topics, with a focus on Consumer Health
    • Jon co-leads McKinsey’s global research on the Future of Wellness, aimed at better understanding changes in how consumers approach the concept of wellness across fitness, health, nutrition, appearance, sleep, and mindfulness.
    • Before joining McKinsey, Jon was an M&A attorney, where he advised buy- and sell-side clients on transactions across a range of sectors, including pharmaceuticals, biotech, consumer health and media. Jon received his JD from Georgetown University and holds a B.Sc. in Biochemistry from Queen’s University

  • Anna Pione

    • Anna is a partner in McKinsey’s consumer and private equity sectors and leads the firm’s consumer health & wellness service line.
    • Anna has extensive expertise serving larger consumer companies on commercial growth topics, including inorganic and M&A-led growth, channel strategy, portfolio strategy, marketing, sales, and R&D. In the private equity practice, Anna supports clients across the deal cycle —including market scans, diligences, portfolio strategy, and exit work – with a lens towards financial impact.
    • Anna leads McKinsey’s global research on the Future of Wellness, aimed at better understanding changes in how consumers approach the concept of wellness across fitness, health, nutrition, appearance, sleep, and mindfulness.
    • Prior to joining McKinsey, Anna worked in financial services for the consumer and retail sector. She holds an MBA from University of Chicago Booth School of Business and a BA from University of California, Los Angeles.

February 8, 2023
Wed 2:00 PM EST

Duration 1H 0M

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