Developing Wellness Business by Dr Prem - An Award winning speaker and leader

Dr Prem Jagyasi
Dr Prem JagyasiAward Winning Global Leader & Speaker | CEO - Dr Prem & Associates | Founder - Dr Prem Web Magazine Network | DrPrem.com
Dr Prem | DrPrem.com
Developing Wellness Business
Dr Prem
An award winning leader, global
speaker and author
Dr Prem | DrPrem.com
Wellness Research
Researched 125 Wellness Therapies
45 Countries Travelled
100+ Countries Researched
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Dr Prem | DrPrem.com
Topic Landscape
Understanding	Wellness
Factors	and	Drivers	of	Wellness	Growth	
Wellness	Facts	and	Figures
Wellness	Opportunities	and	Challenges	
Developing	Sustainable	Wellness	Business	
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Dr Prem | DrPrem.com
What is Wellness?
• Health is lack of Diseases and disorder. Wellness is Perfect Balance of Mental,
Physical and Spiritual system.
• Wellness is positive, holistic and multidimensional. Each dimension is to
achieve wellness.
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important	
Wellness
Physical	
Mental	 Emotional	
Environmental	
Spiritual	
Social Occupational
Dr Prem | DrPrem.com
Global Wellness Industry – $3.4Tr
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Ref:	Global	Spa	and	Wellness	Economy
Dr Prem | DrPrem.com
Facts of Wellness Industry in India
1,00,00	Crore
15-17%	Growth
160-180	Billion	
INR
50	Billion	
• India’s	wellness	industry	is	poised	to	
touch	Rs.	1,00,000	crore	by	2015.
• With	a	compounded	annual	growth	rate	
of	15-17	per	cent,	from	about	Rs 70,000	
crore	in	2012.	
• The	alternate	therapy	market	in	India	is	
estimated	 at	160	billion	to	180	billion	
INR.	
• The	total	size	of	the	Indian	Ayurvedic	
market	is	Rs.	50	billion	and	it	is	growing	
substantially	at	a	rate	between	10-15	
per	cent,	with	the	same	growth	rate	
targeted	for	the	next	10	years.
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Ref:	PWC	&	FICCI
Dr Prem | DrPrem.com
Why Wellness Business Growing?
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Dr Prem | DrPrem.com
Depression Factor
• Worlds 5%
population is
suffering from
depression.
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Dr Prem | DrPrem.com
Wealth Contribution
• World is becoming richer? More people are
becoming millionaire with high disposable income.
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Wealth	X	report	
predicts	India	will	have	
4.37	lakh	millionaires	
by	2018,	and	
potentially	double	that	
number	by	2023.
Dr Prem | DrPrem.com
Lifestyle Disorders
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• Stress Contributor
• Sedentary Lifestyle
• Environmental Changes
• Wars and disruptions
• Multitasking | Over work load
Dr Prem | DrPrem.com
Why Wellness is solution?
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Dr Prem | DrPrem.com
Wellness
Lifestyle
• Wellness	involves	people	making	lifestyle	choices	in	order	
to	live	life	to	its	fullest	potential.
Wellbeing
• Wellness	is	the	process	of	discovering	ways	to	promote	
health	and	wellbeing.
Mind	Body	
and	Soul
• It	is	important	to	understand	the	physical,	emotional	and	
psychological	symptoms	of	every	individual	in	order	to	
choose	the	best	and	most	effective	wellness	treatment.	
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Dr Prem | DrPrem.com
Wellness Therapies
•refers	to	the	use	of	alternative	medicine	together	with	
conventional	medical	treatment,	or	in	addition	to	the	
conventional	medicine.	In	simple	terms,	complementary	
medicine	complements	the	treatment.	
Complementary	
medicine
•refers	to	unconventional	approach	of	improving	one’s	health	
and	treating	physical	ailments	instead	of	conventional	medicine.	
The	terms	used	to	describe	the	practice	of	alternative	medicines	
in	different	cultures	are	traditional	medicines,	holistic	
medicines,	and	oriental	medicines.	
Alternative	
medicine
•refers	to	combination	of	complementary	and	alternative	
medicine	with	conventional	medicine.
Integrated	
medicine
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Dr Prem | DrPrem.com
Type of Therapies
•Integrate	 complete	systems	of	theory,	diagnosis	and	practice.	
•Ayurveda,	Unani,	HomeopathyWhole	medical	
systems
•Covers	a	wide	range	of	techniques	that	can	improve	the	capacity	of	the	human	mind	to	affect	
bodily	function	and	symptoms.	Mind-body	techniques	focus	on	improving	the	communication	
between	a	person’s	mind	and	body.	The	system	uses	behavioral,	psychological,	social	and	
spiritual	methods	to	improve	one’s	health	or	treat	different	diseases.
•Meditation,	art	therapy,	guided	imagery,	 hypnotherapy,	biofeedback,	music	therapy,	and	yoga.	
Mind-body	medicine
•Biologically	based	therapies	involve	the	use	of	natural	products	for	treating	various	physical	
ailments.
•Diet	therapy,	herbal	medicine,	orthomolecular	medicine,	Chinese	food	therapy,	fasting,	urine	
therapy,	and	Chelation	therapy.	
Biologically	Based	
Therapies
•All	about	manipulating	different	parts	of	the	human	body.	
•Acupressure,	chiropractic,	massage,	shiatsu,	reflexology,	myofascial	release,	 naprapathy.Manipulative	and	
body-based	therapies
•Many	CAM	practitioners	believe	that	there	are	energy	fields	in	our	bodies,	and	people	get	sick	
when	there	is	any	kind	of	disturbance	with	the	flow	of	these	invisible	energy	forces.	In	order	to	
stay	healthy,	these	energy	forces	need	to	flow	freely.	
•Qi	gong,	therapeutic	touch,	Japanese	reiki,	yoga,	and	magnet	therapy.
Energy	Medicine
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Dr Prem | DrPrem.com
Wellness Opportunities
Innovative	Spa	and	
Wellness	Centers
Spa	with	clinic	in	
hotels	 Spas	in	hospitals Clinics	in	Spa
Dedicated	Wellness	
Therapy	Centers
Ayurveda,	Unani,	
Alternative	
Medicine	
Wellness	apps	and	
web	aps Web	Apps	 Mobile	apps
Fitness	&	Lifestyle	
App
Future	of	prescribed	
wellness	and	
personalized	
medicines.	
Herbal	
Medicines.
Ayurveda	and	
Herbal	Products
Integrative	medicine	
Development	in	
Ayush -
Ayurveda,	Yoga,	
Uniani,	Sidha and	
Homeopathy		
Wellness	Products Anti	Ageing
Therapy	based	
products
Beauty,	Skin,	Hair	
care	Herbal	
Wellness	Real	Estates Well	Hotels Wellness	Hotels	
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Dr Prem | DrPrem.com
Key Wellness Challenges
• Lack of Regulations
• Lack of information
• Evidence based treatment
• Promotional regulations
• Centralized structures and protocols
• Continuity of care in Wellness Tourism
• Mislabeling concern
• Lack of insurance accpetability
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Dr Prem | DrPrem.com
Developing Sustainable Wellness Business
Product
• Develop	a	
product	
that	sales	
and	
support	
lifestyle	
related	
issues.	
Market
• Identify	
your	target	
market	and	
align	your	
wellness	
offerings.	
Brand
• Develop	a	
wellness	
brand	
before	it	
becomes	
segmented.	
Care
• Contribute	
instead	of	
just	collect.	
A	Presentation	by	Dr	Prem	|	Do	not	Copy	|	Do	Not	Amend	|	Do	not	Use	|	All	Right	Reserved	|	Terms	Applied.
Dr Prem | DrPrem.com
Developing Wellness Business
info@DrPrem.com
http://DrPrem.com
F: facebook.com/drpremjagyasi
T: twitter.com/drpremj
L: linkedin.com/in/drprem
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Developing Wellness Business by Dr Prem - An Award winning speaker and leader

  • 1. Dr Prem | DrPrem.com Developing Wellness Business Dr Prem An award winning leader, global speaker and author
  • 2. Dr Prem | DrPrem.com Wellness Research Researched 125 Wellness Therapies 45 Countries Travelled 100+ Countries Researched A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 3. Dr Prem | DrPrem.com Topic Landscape Understanding Wellness Factors and Drivers of Wellness Growth Wellness Facts and Figures Wellness Opportunities and Challenges Developing Sustainable Wellness Business A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 4. Dr Prem | DrPrem.com What is Wellness? • Health is lack of Diseases and disorder. Wellness is Perfect Balance of Mental, Physical and Spiritual system. • Wellness is positive, holistic and multidimensional. Each dimension is to achieve wellness. A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied. important Wellness Physical Mental Emotional Environmental Spiritual Social Occupational
  • 5. Dr Prem | DrPrem.com Global Wellness Industry – $3.4Tr A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied. Ref: Global Spa and Wellness Economy
  • 6. Dr Prem | DrPrem.com Facts of Wellness Industry in India 1,00,00 Crore 15-17% Growth 160-180 Billion INR 50 Billion • India’s wellness industry is poised to touch Rs. 1,00,000 crore by 2015. • With a compounded annual growth rate of 15-17 per cent, from about Rs 70,000 crore in 2012. • The alternate therapy market in India is estimated at 160 billion to 180 billion INR. • The total size of the Indian Ayurvedic market is Rs. 50 billion and it is growing substantially at a rate between 10-15 per cent, with the same growth rate targeted for the next 10 years. A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied. Ref: PWC & FICCI
  • 7. Dr Prem | DrPrem.com Why Wellness Business Growing? A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 8. Dr Prem | DrPrem.com Depression Factor • Worlds 5% population is suffering from depression. A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 9. Dr Prem | DrPrem.com Wealth Contribution • World is becoming richer? More people are becoming millionaire with high disposable income. A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied. Wealth X report predicts India will have 4.37 lakh millionaires by 2018, and potentially double that number by 2023.
  • 10. Dr Prem | DrPrem.com Lifestyle Disorders A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied. • Stress Contributor • Sedentary Lifestyle • Environmental Changes • Wars and disruptions • Multitasking | Over work load
  • 11. Dr Prem | DrPrem.com Why Wellness is solution? A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 12. Dr Prem | DrPrem.com Wellness Lifestyle • Wellness involves people making lifestyle choices in order to live life to its fullest potential. Wellbeing • Wellness is the process of discovering ways to promote health and wellbeing. Mind Body and Soul • It is important to understand the physical, emotional and psychological symptoms of every individual in order to choose the best and most effective wellness treatment. A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 13. Dr Prem | DrPrem.com Wellness Therapies •refers to the use of alternative medicine together with conventional medical treatment, or in addition to the conventional medicine. In simple terms, complementary medicine complements the treatment. Complementary medicine •refers to unconventional approach of improving one’s health and treating physical ailments instead of conventional medicine. The terms used to describe the practice of alternative medicines in different cultures are traditional medicines, holistic medicines, and oriental medicines. Alternative medicine •refers to combination of complementary and alternative medicine with conventional medicine. Integrated medicine A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 14. Dr Prem | DrPrem.com Type of Therapies •Integrate complete systems of theory, diagnosis and practice. •Ayurveda, Unani, HomeopathyWhole medical systems •Covers a wide range of techniques that can improve the capacity of the human mind to affect bodily function and symptoms. Mind-body techniques focus on improving the communication between a person’s mind and body. The system uses behavioral, psychological, social and spiritual methods to improve one’s health or treat different diseases. •Meditation, art therapy, guided imagery, hypnotherapy, biofeedback, music therapy, and yoga. Mind-body medicine •Biologically based therapies involve the use of natural products for treating various physical ailments. •Diet therapy, herbal medicine, orthomolecular medicine, Chinese food therapy, fasting, urine therapy, and Chelation therapy. Biologically Based Therapies •All about manipulating different parts of the human body. •Acupressure, chiropractic, massage, shiatsu, reflexology, myofascial release, naprapathy.Manipulative and body-based therapies •Many CAM practitioners believe that there are energy fields in our bodies, and people get sick when there is any kind of disturbance with the flow of these invisible energy forces. In order to stay healthy, these energy forces need to flow freely. •Qi gong, therapeutic touch, Japanese reiki, yoga, and magnet therapy. Energy Medicine A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 15. Dr Prem | DrPrem.com Wellness Opportunities Innovative Spa and Wellness Centers Spa with clinic in hotels Spas in hospitals Clinics in Spa Dedicated Wellness Therapy Centers Ayurveda, Unani, Alternative Medicine Wellness apps and web aps Web Apps Mobile apps Fitness & Lifestyle App Future of prescribed wellness and personalized medicines. Herbal Medicines. Ayurveda and Herbal Products Integrative medicine Development in Ayush - Ayurveda, Yoga, Uniani, Sidha and Homeopathy Wellness Products Anti Ageing Therapy based products Beauty, Skin, Hair care Herbal Wellness Real Estates Well Hotels Wellness Hotels A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 16. Dr Prem | DrPrem.com Key Wellness Challenges • Lack of Regulations • Lack of information • Evidence based treatment • Promotional regulations • Centralized structures and protocols • Continuity of care in Wellness Tourism • Mislabeling concern • Lack of insurance accpetability A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 17. Dr Prem | DrPrem.com Developing Sustainable Wellness Business Product • Develop a product that sales and support lifestyle related issues. Market • Identify your target market and align your wellness offerings. Brand • Develop a wellness brand before it becomes segmented. Care • Contribute instead of just collect. A Presentation by Dr Prem | Do not Copy | Do Not Amend | Do not Use | All Right Reserved | Terms Applied.
  • 18. Dr Prem | DrPrem.com Developing Wellness Business info@DrPrem.com http://DrPrem.com F: facebook.com/drpremjagyasi T: twitter.com/drpremj L: linkedin.com/in/drprem