Fitness Equipment Market Size, Global Industry Growth, Statistics, Trends, Revenue Analysis 2020 | Brunswick Corporation, Technogym, Johnson Health, COSMED, GE healthcare, SECA 

Research and analysis about the key developments in the market, major competitors and detailed competitor analysis covered in this Fitness Equipment Market report helps businesses imagine the bigger picture of the market place & products which ultimately assists in defining superior business strategies. This report also provides notable data, present market trends, future events, market environment, technological innovation, forthcoming technologies and the technical advancement in the relevant industry. Fitness Equipment Market research report bestows clients with the best results and for the same it has been produced by using integrated approaches and latest technology.

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The study conducted for Healthcare industry also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors with the help of SWOT analysis and Porter's Five Forces Analysis. It all-inclusively estimates general market conditions, the growth prospects in the market, possible restrictions, significant industry trends, market size, market share, sales volume & future trends. This Fitness Equipment Market report has been prepared with the combination of steps which employs a nice blend of industry insights, practical solutions, & latest tools & technologies.

Analysis: Global Fitness Equipment Market 

Global Fitness Equipment Market is expected to reach USD 29,867.49 million by 2025 from USD 18,599.79 million in 2017, at a CAGR of 6.2% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Key Points: Global Fitness Equipment Market

Covestro AG is going to dominate the global fitness equipment market following with Brunswick Corporation, Technogym, Johnson Health Tech. Co. Ltd and Precor Incorporated. Some of the other players are StairMaster, COSMED, GE healthcare, SECA others among others.

The global polyamide market is expected to reach USD 21,091.49 million by 2025, from USD 12,543.79 million in 2017, growing at a CAGR of 6.8%.

The health clubs / gym is expected to dominate the fitness equipment market with 45.1% market share, growing at a CAGR 5.8% 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, 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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 Report on Fitness Equipment market highlights :

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size
Recent industry trends
Key competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

Market Segmentation: Global Fitness Equipment Market

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 four notable segments; body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment. The cardiovascular training equipment segment is sub segmented into treadmills, elliptical trainers, stationery cycles, rowing machines, stair steppers and others. The strength training equipment segment is sub segmented into single stations, plate loaded equipment, free weights, benches & racks, multistations and, accessories. 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 industry 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.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Key Drivers: Global Fitness Equipment Market

Some of the major factors driving the market for global fitness equipment market are as rising incidences of the chronic diseases, increasing health insurance. These factors demand the fitness equipment which boosts the market growth.

Increasing demand of resale (used and refurbished) of fitness equipment may hinder the growth of the market.

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