Bitway Wallets

Health and wellness

Bitway Wallets are dedicated to serving the unique needs of not-for-profit healthcare institutions. We leverage our firm’s global resources to deliver innovative investment solutions for healthcare investment portfolios. Our commitment to our clients is a partnership model that allows for ongoing exchange of intellectual capital, investment insights, and portfolio management expertise.

Capital market activity within the health and wellness market has expanded by 633% from 2021 Q1 to 2022 Q1. Bitway Wallets health and wellness services includes all activities that promote physical and mental wellbeing, from yoga to healthy eating, personal care and beauty, nutrition and weight loss, meditation, spa retreats, workplace wellness, and wellness tourism. The market has experienced rapid growth since the global COVID-19 pandemic in 2020, highlighting the importance of mental, spiritual, and physical well-being.

Clean and Healthy Eating

Wellness vacations account for 17% of total tourism spending. Increasingly travelers are visiting the Asia-Pacific region, Latin America and the Caribbean, the Middle East, to get in shape and return home calm and collected. The wellness tourism market is worth $639 billion and growing at a 7% annual rate from 2015 to 2017. Wellness travel is expanding twice as fast as the total tourism growth rate of 3%.

Personalized Technology of Health and Wellness

Smart watches, health and fitness trackers, heart rate monitors, apps that help users emotional and mental health, and virtual assistants have all seen an increase in popularity. Wearable technologies are expected to help people live 70% longer, maintain a 63% more healthy life, and pay 62% less in insurance premiums. By 2022, the wearables market is estimated to reach $27 billion. The pandemic also highlighted the significance of good living behaviors like improved nutrition, going to the gym, practicing yoga, and stress reduction. The healthy eating, nutrition, and weight reduction market is the second largest, accounting for almost 20% of total revenue. Furthermore, Bitway Wallets health and wellness industry have the greatest worldwide expansion potential. Given these considerations, our health and wellness industry appear to be the most promising investment opportunity throughout the forecasted period.