Global fitness equipment Market will 6.2% CAGR and will reach USD 29,867.49 million by 2025

Fitness Equipment Market Summary

Global fitness equipment market is expected to reach USD 29,867.49 million by 2025 from USD 18,5.79 million in 2017, at a CAGR of 6.2% in the forecast period 2018 to 2025.

The major factors contributing to the growth of the market includes factors such as rising incidences of the chronic diseases, and increasing health insurance. On the other hand, increasing demand of resale (used and refurbished) of fitness equipment may hinder the growth of the market.

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The report has been collated as a result of the qualitative and quantitative research, first-hand information, and inputs from industry professionals and industry participants across the value chain. The study also provides a detailed assessment of the current market trends, micro- and macroeconomic indicators and governing factors, as well as the market attractiveness, as per the segments and sub-segments. The report also focuses on the qualitative impact of the different Fitness Equipment market factors on market segments and geographies.

Top Market Players:

• TECHNOGYM S.p.A
• StairMaster
• Omron Healthcare, Inc.
• Precor Incorporated
• Johnson Health Tech. Co., Ltd.
• STAIRMASTER
• COSMED
• GE HEALTHCARE
• BRUNSWICK CORPORATION
• SECA

The market is further segmented into:
• Type
• End-user
• Geography

The global fitness equipment market is segmented on the basis of type, end-user and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
The global fitness equipment market is segmented based on type into into four notable segments; body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment. The fitness equipment market is dominated by cardiovascular training equipment with 67.9% market share in 2018, growing at a CAGR of 6.8% in the forecast period.
The global fitness equipment market is segmented based on end-user into seven notable segments; health clubs/gym, home settings, corporate settings, hotels, apartments, hospitals and clinics. In 2018, the health clubs/gym segment is expected to dominate the market with 45.1% market share.

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Based on geography, the Global fitness equipment market is segmented into geographical regions, such as,
• North- America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Covered in this report
The report covers the present scenario and the growth prospects of the Global fitness equipment market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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In the last section of the report, the global Fitness Equipment market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Fitness Equipment Market.

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This release was published on openPR.