Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 3.5 % over the past five years, to reach an estimated $3.7bn in 2024.
Trends and Insights
Following the pandemic, companies have increased spending, albeit wearily
- During the pandemic, the economic slowdown led companies to cut workforces, reducing the number of employees needing coverage. Contracting corporate profit made funding employee benefit programs unfeasible for most businesses, deterring many companies from adding EAPs.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Participation rates will remain a critical issue for providers
- To increase usage, EAP providers will work with employers to emphasize employee assistance programs and these programs' abilities to address various health problems, ranging from mental illness to poor nutrition.
Biggest companies in the Employee Assistance Program Services in the US
Company | Market Share (%)
2024 | Revenue ($short_0)
2024 | Profit ($short_0)
2024 | Profit Margin (%)
2024 |
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There are no companies that hold a large enough market share in the Employee Assistance Program Services in the US industry for IBISWorld to include in this product.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Substance and alcohol abuse counseling, Stress counseling and Nutrition and health education services . Substance and alcohol abuse counseling is the largest segment of the Employee Assistance Program Services in the US.
Trends and Insights
Substance and alcohol abuse counseling remains a steady source of need
- This segment includes counselors approaching employees with solutions to prevent and overcome alcohol and substance abuse. Counseling may consist of a social norms approach, which examines how factors beyond the employee's personality and values are key determinants for alcohol and substance abuse behavior.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This industry provides employee assistance program (EAP) services, which includes support for family, financial, career and legal issues through an employee’s benefits package. Industry operators provide a variety of services, including health coaching, nutrition and naturopathic advice.
What's included in this industry?
Providing alcohol and substance abuse programsProviding emotional, personal and stress support programsProviding marital and family counselingCompanies
Purchase this report to view all major companies in this industry.
Related Terms
PPACAINTAKE COORDINATORHEALTH ASSESSMENT EXCEPTED BENEFITSIndustry Code
NAICS 52512 - Employee Assistance Program Services in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
EAP providers' sucecss ahss been hampered by low usage rates. Low participation rates mean clients gain less value from EAPs, encouraging them to seek alternatives.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Nutrition and health services are increasingly popular components of EAPs. As adult obesity rates climb, these services will gain even more significance, addressing the growi...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
EAP providers strategically establish themselves in high-growth regions to enhance service delivery. With their thriving financial and technology sectors, New York and Califo...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Reputation, quality and effectiveness are vital to an EAP provider's success. Buyers seek services that can demonstrably enhance worker productivity, making these factors key...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The EAP industry is highly fragmented. However, ComPsych stands out by capturing a significant market share through effective marketing and a wide range of services.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
EAP providers must abide by stringent confidentiality and privacy laws, such as HIPAA, to safeguard client information. Adherence to these regulations ensures trust in the pr...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
EAP providers contend with substantial wage costs, a significant component of their industry expenses. The demand for highly skilled workers with advanced degrees and certifi...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Employee Assistance Program Services in the US industry in United States in 2024?
The market size of the Employee Assistance Program Services in the US industry in United States is $3.7bn in 2024.
How many businesses are there in the Employee Assistance Program Services in the US industry in 2024?
There are 351 businesses in the Employee Assistance Program Services in the US industry in United States, which has declined at a CAGR of 0.7 % between 2019 and 2024.
Has the Employee Assistance Program Services in the US industry in United States grown or declined over the past 5 years?
The market size of the Employee Assistance Program Services in the US industry in United States has been declining at a CAGR of 3.5 % between 2019 and 2024.
What is the forecast growth of the Employee Assistance Program Services in the US industry in United States over the next 5 years?
Over the next five years, the Employee Assistance Program Services in the US industry in United States is expected to grow.
What does the Employee Assistance Program Services in the US in United States include?
Providing alcohol and substance abuse programs and Providing emotional, personal and stress support programs are part of the Employee Assistance Program Services in the US industry.
How competitive is the Employee Assistance Program Services in the US industry in United States?
The level of competition is moderate and increasing in the Employee Assistance Program Services in the US industry in United States.
Related Industries
Widen your competitive advantage with related industries
Competitors
- HR Consulting in the US
- Human Resources & Benefits Administration in the US
Complementors
- Psychologists, Social Workers & Marriage Counselors in the US
- Family Counseling & Crisis Intervention Services in the US
International industries
- Global HR & Recruitment Services
- Human Resources & Benefits Administration in Canada
- Human Resources Provision in the UK
View all industries in United States
Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
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