Wellness Real Estate Market Size to Hit USD 1525.45 Bn by 2034

Wellness Real Estate Market Size, Share, Growth, Report 2025 to 2034

Based on comprehensive market projections, the global wellness real estate market size is calculated at USD 463.54 billion in 2024, grew to USD 522.18 billion in 2025 and is predicted to hit around USD 1525.45 billion by 2034, expanding at healthy CAGR of 12.65% between 2025 and 2034. In 2024, North America dominated the wellness real estate market with a market share of 35.90% in 2024.

Last Updated: 12 June 2025 Category: Home Improvement Insight Code: 5616 Format: PDF / PPT / Excel

Wellness Real Estate Market Size and Growth 2025 to 2034

The global wellness real estate market was valued at USD 463.54 billion by the end of 2024 and is expected to increase to USD 1525.45 Billion by 2034. This is a significant 12.65% increase from 2025 to 2034. This market is growing due to increasing awareness about health-focused lifestyles and rising demand for built environments that promote physical and mental well-being.

Wellness Real Estate Market Size 2024 to 2034 (USD Billion)

Key Takeaways

  • The U.S. wellness real estate industry is expected to grow from USD 153.92 billion in 2025 to USD 482.35 billion by 2034, at a CAGR of 13.44% during this period.
  • The North America dominated the market with the largest market share of 42.11% in 2024 due to
  • The Asia Pacific is expected to grow at the fastest rate in the upcoming years because of
  • Europe is currently experiencing the most rapid growth in the wellness real estate market due to
  • By property type, the commercial property segment held the largest share of 55.11% the market in 2024 due to
  • By property type, the residential segment is observed to grow at the fastest rate during the forecast period, driven by
  • By location, the urban areas segment is currently experiencing the most rapid growth in 2024 due to
  • By location, the suburban areas segments are expected to grow at the fastest rate in the wellness real estate market, influenced by  
  • By wellness features, the physical wellness segment held the dominating share of the wellness real estate market, with the largest share in 2024 due to
  • By wellness features, the mental and emotional wellness segment is observed to grow at the fastest rate during the forecast period, driven by

Market Overview 

The wellness real estate market is transitioning from a niche to a mainstream concept, driven by growing consumer knowledge of the health effects of built environments. In both new and remodeled buildings developers are incorporating wellness features like fitness areas, natural lighting, air purification, and biophilic design. While commercial spaces are changing into workplaces that promote health, residential communities are increasingly marketing themselves around wellness amenities. Globally, the planning, building, and marketing of real estate are changing as a result of the increased focus on sustainability, mental health, and work-life balance.

Why is wellness real estate gaining momentum?

Wellness real estate is expanding as more people seek healthier environments at home and work. Increased chronic illness rates, growing urbanization, and post-pandemic awareness of indoor health hazards have all contributed to demand. Properties with water filtration systems green areas, circadian lighting fitness centers, and better air quality are becoming more and more desirable. Because of this investors and real estate developers are concentrating on designing areas that cater to the physical, mental, and social health requirements of residents. Growth is also being accelerated by government programs that support environmentally friendly and health-conscious infrastructure.

  • On 14 March 2025, Delos Living LLC announced the expansion of its WELL Living Lab to include a new wellness-oriented residential complex in California aimed at integrating scientific research into wellness-based housing design.(Source: delos)
  • Health-Driven Design: Properties now feature circadian lighting, meditation spaces, and advanced ventilation to support physical and mental wellness.
  • Rise of Wellness Communities: Residential developments are being built around shared wellness goals, including fitness trails, spas, and social programming. 
  • Smart Wellness Tech: Integration of air and water quality monitors, contactless access, and smart sleep tech is rising in both residential and commercial properties.
  • Urban Green Living: Developers include green rooftops, community gardens, and proximity to parks to reduce stress and boost well-being.
  • Retrofitting Boom: Existing buildings are being upgraded with wellness design features to improve their value and attract health-conscious tenants.

Report Scope

Report Attributes Details
Market Size in 2025 USD 522.18 Billion
Expected Size by 2034 USD 1525.45 Billion
Growth Rate from 2025 to 2034 CAGR 12.65%
Base Year of Estimation 2024
Forecast Period 2025 - 2034
High Impact Region North America
Segment Covered By Property Type, By Location, By Region
Key Companies Profiled

Delos Living LLC, The Related Companies, LP, Sekisui House Ltd, Gensler, Tishman Speyer, MAG Lifestyle Development, The WELL Building Institute, Lendlease Corporation , China Vanke Co Ltd, Emaar Properties PJSC

Market Opportunity

How can builders use wellness design to attract modern buyers?

Builders can tap into this rising trend by incorporating holistic wellness elements from the blueprint stage. These include access to natural areas for leisure and mobility and enhanced air quality systems. By providing residences and workplaces that actively promote the well-being of their residents, premium pricing is justified and added value is created. By earning WELL certification or working with health and wellness professionals' developers can set themselves apart. Wellness real estate presents a strong since consumers are now prepared to spend money on spaces that enhance their everyday quality of life.

Restraint

High Development Costs 

One of the primary challenges in the wellness real estate sector is the high upfront cost of designing and constructing wellness-centric infrastructure. Development budgets can be considerably increased by these requirements, which range from adding wellness amenities to sourcing sustainable materials and installing specialized HVAC systems. It could be difficult for smaller developers to execute this change on a large scale, particularly in markets where prices are crucial. The return on investment may also be delayed in areas where well-known living is not widely recognized, necessitating cautious expansion.

  • On 8 February 2025, Hines Real Estate Group announced a $1.2 billion commitment to fund wellness-forward residential and commercial developments across North America over the next five years to address rising demand and manage scale-related costs.(Source: hines)

Regional Insights

Why does North America dominate the wellness real estate market?

The North America wellness real estate market is expected to increase from USD 219.89 billion in 2025 to USD 643.13 billion by 2034, growing at a CAGR of 12.66% throughout the forecast period from 2025 to 2034.

North America Wellness Real Estate Market Size 2024 to 2034 (USD Billion)

North America dominated the wellness real estate market in 2024 due to the widespread use of wellness certifications like Fitwell and WELL, the sophisticated healthcare infrastructure, and the high level of consumer awareness. Developers in the areas are setting the standard for designing and constructing health-focused structures supported by sound financial principles and supportive regulations. North America is now the most developed and creative wellness real estate market in the world thanks to an increasing number of health-conscious retirees and millennials who are driving demand for living and working environments that incorporate wellness.

Asia Pacific is anticipated to be the fastest-growing region in the wellness real estate market due to growing middle-class income fast urbanization and a societal preference for holistic living other nations are making investments in wellness-focused residential and commercial buildings that combine cutting-edge medical technology with conventional wellness techniques like yoga meditation and Feng Shui. Major APAC cities have seen an increase in demand for environments that promote wellness due to rising stress levels, pollution, and chronic illnesses. 

Wellness Real Estate Market Share, By Region, 2024 (%)

Europe stands out as a notable region in the wellness real estate market due to the strength of strict sustainability regulations, an established green building ecosystem, and an aging population that is looking for homes that will improve their health. Developers in Europe have been early adopters of wellness and Eco-friendly design concepts frequently incorporating wellness elements into senior living and mixed-use projects. Europe is becoming a more forward-thinking player in this market thanks to supportive government policies regarding decarbonization, wellness travel, and smart city planning. 

  • On 5 February 2025, Edge Technologies launched “Edge Elms” in Amsterdam a wellness-certified office building that includes biophilic architecture advanced air filtration, and mental wellness spaces to support a healthier work environment.(Source: edge.tech)

Segmental Analysis

By Property type 

Why does the commercial property segment dominate the wellness real estate market?
Commercial wellness real estate segment dominated the market in 2024 since there is a growing need for healthier workplaces, particularly in the wake of the pandemic. Companies are spending more money on areas that enhance worker wellbeing by including elements like better air quality, natural lighting ergonomics layouts, and on-site wellness and fitness programs. In addition to encouraging productivity, these areas help retain talent and build brand recognition. WELL and LEED certifications are also driving the incorporation of wellness elements into office and hospitality infrastructure impacting investment and design choices. 

Wellness Real Estate Market Share, By Property Type, 2024 (%)

Residential segment is the fastest growing due to consumers becoming more conscious of the significance of leading a health-conscious lifestyle. More people are looking for homes with features like clean air spaces as they place a higher priority on mental physical and emotional wellness-infused homes that promote work-life balance have also surged because of the move toward remote work and hybrid models. In response, developers have created wellness communities with amenities like community gardens, nature trails, and wellness programming. 

  • On 18 January 2025, Minto Communities USA announced a new wellness-based residential community in Florida offering over 2000 smart homes focused on light, air, and green living(Source: minto)

By Location

Why do urban areas dominate the wellness real estate market?

Urban areas dominated the market because of higher population density, better infrastructure, and higher disposable incomes. Being close to medical facilities, fitness centers and green buildings is advantageous for wellness real estate in urban areas. Additionally, because these features are drawn in health-conscious professionals' developers in urban areas are more likely to invest in wellness certifications and cutting-edge building technologies. It is the ideal location for upscale wellness property developments because of the creative vertical wellness design made possible by the limited space in urban high rises.

  • On 10 March 2025, The Related Group unveiled a $700 million urban wellness resort community in Costa Rica offering smart health-focused vertical homes and detox spaces.(Source: relatedgroup)

Suburban areas are emerging as the fastest-growing segment as families and professionals seek quieter, greener environments that support holistic living. The availability of more land allows developers to create large wellness-integrated communities with parks, walking paths, and wellness facilities at a comparatively low cost. Remote work has made it possible for people to relocate from crowded cities to suburban wellness communities which provide space balance and cleaner environments without sacrificing access to necessary services.

  • On 8 February 2025, Hines Real Estate Group announced a $1.2 billion suburban wellness housing project across multiple U.S. states focusing on natural-based and low-stress living environments.(Source: hines)

By Wellness Features

Why does the physical wellness segment dominate the market?

Physical wellness features dominate the wellness real estate market because they are the most visible and easily measurable benefits that real estate developers can implement. These include active design concepts of air and water purification systems, fitness facilities, ergonomic architecture, and nutritious food options. These characteristics are more easily exhibited as selling points and appeal to a wide range of customers. Particularly in the wake of global health crises physical health continues to be of utmost importance leading to increased investments in real estate that encourage active healthy lifestyles.
 
Mental and emotional wellness is the fastest growing segment due to the increasing awareness in society of the importance of mental health to general well-being. To satisfy customer demand developers are increasingly including features like quiet areas that are soundproof areas for meditation layouts that reduce stress and access to nature. Built environments that lower anxiety, cultivate mindfulness, and advance holistic wellness through design and community engagement are in high demand in the world due to stress management and emotional balance.

  • On 22 January 2025, Sekisui House partnered with Panasonic to launch wellness homes in Japan with mental health-focused AI tools and nature-first architectural design. (Source: sekisuihouse)

Recent Developments

  • On 10 March 2025, The Related Group unveiled plans for a $700 million wellness resort-style community in Costa Rica with smart homes, detox spas, and organic food markets.(Source: relatedgroup)
  • On 9 December 2024, Emaar Properties launched “Green Harmony” in Dubai, a $1.1 billion wellness-oriented urban living development focused on integrating nature and sustainability.(Source: emaar)
  • On 22 January 2025, Sekisui House initiated a partnership with Panasonic to design tech-driven wellness homes in Japan, blending AI systems with nature-forward architecture.(Source: sekisuihouse-global)

Top Companies

Wellness Real Estate Market Companies

Segments covered in the report

By Property type 

  • Residential
  • Luxury Wellness Residences
  • Affordable Wellness Housing
  • Commercial
  • Wellness focused workspaces
  • Wellness Hotels 
  • Others
  • Mixed used developments

By Location

  • Urban Areas
  • Suburban Areas
  • Rural Areas

By Wellness Features

  • Physical Wellness
  • Mental and Emotional Wellness
  • Nutritional Wellness
  • Spiritual Wellness 
  • Environmental Wellness

By Region

  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Consumer Goods, specializes in market research, focusing on supply-demand evaluation, market trends, sustainable practices, and emerging opportunities in household products, personal care, and packaging.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Consumer Goods market research, specializes in Consumer Goods. She ensures accurate, actionable insights, driving Towards Consumer Goods excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

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