Fitness Equipment Market 2020 (COVID-19 Impact Analysis) by Types, Risk Factor, Drivers, Market Size, Demand, Opportunities, Shares, Countries, Revenue and Forecast to 2025 | DBMR Updates

A winning Fitness Equipment Market research report is valuable for both regular and emerging market player in the industry and provides in-depth market insights. Businesses can successfully utilize the data, statistics, research, and insights about the Healthcare industry included in this document to make decisions about business strategies and to achieve maximum return on investment (ROI). Fitness Equipment Market report is an ideal guide to attain an information or key data about market, emerging trends, product usage, motivating factors for customers, competitor strategies, brand positioning, customer preferences & customer behaviour.

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A range of objectives of marketing research are required to be kept in mind while generating the best Fitness Equipment Market research report. The data involved in this market report can be very necessary when it comes to dominate the market or making a mark in the market as a new emergent. All the data and statistics covered in this report lead to an actionable ideas, improved decision-making and better mapping business strategies. Fitness Equipment Market report contains the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2027.

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.

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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.

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.

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