The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Fitness Equipment Market is expected to reach USD 15.75 billion by 2024 from USD 11.69 billion in 2016, at a CAGR of 3.8% in the forecast period 2017 to 2024
The implementation of Global Fitness Equipment Market is majorly obsessed by the huge number of obese people, chiefly in developed countries. The heavy population segment drives the practice of cardiovascular equipment for weight management.
The increased alertness for health & fitness also drives the implementation of fitness equipment, chiefly preferred by increasing in-home equipment sales and fitness club memberships.
Global Fitness Equipment Market, By Type (Cardiovascular Training Equipment (Treadmills, Elliptical Trainers, Stationary Cycles, Rowing Machines, Stair Steppers, Others), Strength Training Equipment (Single Stations, Plate Loaded Equipment, Free Weights, Benches and Racks, Multistations, Accessories), Body Composition Analyzers (Bioimpedance Analyzer, Skinfold Caliper, Dual Emission X-Ray Absorptiometry (Dexa), Hydrostatic Weighing, Air Displacement Plethysmography), Fitness Monitoring Equipment), By End-User (Health Clubs, Gyms, Home Settings, Corporate Settings, Apartments, Hotels, Hospitals, Clinics), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World) – Industry Trends and Forecast to 2024.
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The Global Fitness Equipment Market is segmented on the basis of type, end-user and geography.
Based on type fitness market is segmented into cardiovascular training equipment which is sub segmented into treadmills, elliptical trainers, stationary cycles, rowing machines, stair steppers, others. Strength training equipment which is sub segmented into single stations, plate loaded equipment, free weights, benches and racks, multistations, accessories.
The market is also segmented on the basis of end users Health Clubs, Gyms, Home Settings, Corporate Settings, Apartments, Hotels, Hospitals, Clinics.
The mounting population is the other reason for the swift escalation of fitness equipment market. Fitness equipment has a varying demand with the age demographics creating a great opportunities for the fitness equipments.
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa(MEA)
The Global Fitness Equipment Market is highly fragmented with various companies operating in local regions. The report includes company share data for different geographies including North America, Europe, South America and Asia Pacific.
Some of the major players operating in this market are
- Beurer GmbH
- Cybex International
- Amer Sports Corporation
- Brunswick Corporation
- Tanita, Johnson Health Tech Co. Ltd.
- Seca, InBody Co. Ltd.
- ICON Health & Fitness
- Omron Healthcare, Inc.
- Life Fitness
- Jawon Medical Co., Ltd.
- Nautilus, Precor, Motus
- Nantong Yida Sports
- GE Healthcare, Cosmed
- Northern Lights
- Bodystat, SCHNELL Trainingsgeräte
- Hologic, Inc
- Tonic Fitness Technology
- Impulse Health Tech Ltd
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