Press release
Fitness Equipment Market Size Worth $ 14,554.51 Million By 2026 | CAGR: 8.9%
The global Fitness Equipment market size is expected to reach USD 14,554.51 million by 2026 according to a new study by WhipSmart MI Research. The report “Fitness Equipment Market, By Equipment (Fitness Equipment, Surgical Equipment), By Type (Cardiovascular Training Equipment, Strength Training Equipment, Fitness Monitoring Equipment, Body Composition Analysis); By End-Use (Fitness Centres, Slimming Centres, Consulting Services, Online Weight Loss Programs) and By Regions, Segments & Forecast, 2019 - 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.Shifting consumer awareness towards health & fitness maintenance and enhanced the penetration of fitness clubs globally. Rising number of gyms, slimming centres & fitness centres will drive the global fitness equipment market growth. Increasing consumer spending on fitness du e to higher awareness pertaining to health & fitness will propel the industry demand. Rising need for workouts owing to busy and unhealthy lifestyles have positively influenced the industry size.
Rising prevalence of cardiovascular diseases globally is among key influencing factors driving trend towards fitness clubs. Shifting trend towards non-drug treatment of cardiovascular diseases have enhanced the fitness equipment market. Increasing consumer preference for physiotherapies & treatments through exercises will propel the industry demand.
Increasing number of cardiovascular disease mortalities globally has further enhanced necessity for fitness centres & health clubs. As per WHO, 17.9 million population suffer CVDs causing death annually worldwide. Initiatives by government as well as private institutions to prevent CVDs will support the global fitness equipment market size.
In the global Fitness Equipment market, North America dominated the marketplace for Fitness Equipment Market. Factors like, increase in income and rapid economic process within the Asia-Pacific region have led to sedentary lifestyles and increased spending on fast foods, resulting in unhealthy lifestyles. This has increased the incidence of lifestyle diseases like obesity, diabetes, cardiovascular disease, hypertension, and other bone diseases.
The key players in the market ICON Health & Fitness, Inc., Brunswick Corporation, Johnson Health Tech Co., Ltd., Technogym S.p.A, Amer Sports Corporation, Nautilus, Inc., Core Health and Fitness, LLC, TRUE Fitness Technology, Inc., Impulse (Qingdao) Health Tech Co., Ltd., and Torque Fitness, LLC. among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.
WhipSmart MI Market research has segmented the Fitness Equipment market report on the basis of equipment, type, end-user and region
Fitness Equipment Outlook (Revenue, USD Million, 2019 – 2026)
Fitness Equipment
Surgical Equipment
Fitness Equipment Type Outlook (Revenue, USD Million, 2019 – 2026)
Cardiovascular Training Equipment
Treadmill
Elliptical Trainers
Stationary Cycles
Rowing Machine
Stair Steppers
Other Cardiovascular Training Equipment
Strength Training Equipment
Single-Station Equipment
Plate-Loaded Equipment
Free Weights
Benches & Racks
Multistation Equipment
Accessories
Fitness Monitoring Equipment
Body Composition Analysis
Fitness Equipment End-User Outlook (Revenue, USD Million, 2019 – 2026)
Fitness Centres
Slimming Centres
Consulting Service
Online Weight Loss Programs
Fitness Equipment Regional Outlook (Revenue, USD Million, 2019 – 2026)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Russia
Asia Pacific
Japan
Korea
Latin America
Mexico
Brazil
Colombia
Middle East & Africa
Saudi Arabia
Israel
Contact:
7264 Magistrate Terrace, Mississauga, Ontario L5W 1H8, Canada
+1 5102005090
sales@whipsmartmi.com
About Whipsmart MI:
Whipsmart MI provides fact based consulting services in the B2B and B2C domains to help assess complex VUCA developments and provide strategic intelligence to achieve transformational growth by identifying niche high growth opportunities. We facilitate the growth journey through a unique approach using a multitude of inputs to assess changes in the marketplace, disruptive trends, technologies, whitespaces and adjacencies across industries that will eventually impact respective industry domains.
WhipSmart Market Bytes is the most affordable market and competitive intelligence platform with accurate comprehensive coverage and quarterly updates, an indispensable market and strategy planning asset in a world of constant flux.
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