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Rope Counter Market Growth 2018-2026 |Key Players Spokey sp. z o. o, Domyos Corporation, LimitZero

09-21-2018 11:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Rope Counter Market Growth 2018-2026 |Key Players Spokey sp. z o.

Rope counter is a digital circuit, associated with skipping rope, which is a fitness equipment used for physical exercise to manage overall weight, improve physical stamina, and develop muscular strength. This rope counter is used to measure the heart rate, amount of fat burn while doing exercise, and improving bone density, and others, which in turn helps in maintaining the overall health and fitness of the body.

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Rising awareness among people related to health and fitness is one of the major driving factors for growth of the global rope counter market. This is attributed to increasing obesity, which demands for fitness equipment. For instance, in 2013, according to the Institute for Health Metrics and Evaluation analysis, nearly 30% of the world population were either suffering from obesity or overweight, globally.

On the basis of end users, the health club/GYMs segment accounted for the largest market share in 2017 and expected to retain its dominance during the forecasted period. The major factor attributing to growth of this segment is increasing number of health club/GYMs memberships.

North America held a dominant position in the global rope counter market in 2017, and is expected to retain its dominance throughout the forecast period (2018–2026). This growth is attributed to increasing number of health issue related to obesity such as heart disease, type 2 diabetes, and others, which directly affects adults, youth, and children. For instance, according to the National Centre for Health’s analysis, in 2017, in the U.S. 40% of adults and 19% of youths were suffering from obesity.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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