Germany Fitness Equipment Market is Poised to Grow at 6.8% till 2024

According to Data Bridge Market Research new Market report "Germany Fitness Equipment Market", By Type (namely body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment) By Product Type (Bioimpedance analyzers, skinfold caliper, dual emission x-ray absorptiometry (DEXA), hydrostatic weighing and air displacement plethysmography), By End User (health clubs/ gyms, home settings, corporate settings, hotels, apartments, hospitals, clinics), By Geography (Germany) – Trends and Forecast to 2024”, is projected to reach USD 1,861.9  million by 2024 from USD 1,100.0 million in 2016, at a CAGR of 6.8% in the forecast period 2017 to 2024.Germany Fitness Equipment MarketAccess Full Reporthttp://databridgemarketresearch.com/reports/germany-fitness-equipment-market/

The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Fitness equipment include all monitoring and machinery tools which requires for physical fitness. Exercise helps to control fat, burn calories, healthy heart, to improve physical stamina and for muscular strength. The awareness towards fitness is the main factor driving the market for fitness equipments in the forecast period 2017 to 2024.The implementation of fitness equipment is majorly obsessed by the huge number of obese people, chiefly in developed countries. The heavy population segment drives the practice of cardiovascular equipment for weight management. The increased alertness for health & fitness also drives the implementation of fitness equipment, chiefly preferred by increasing in-home equipment sales and fitness club memberships.

Rising awareness regarding health & fitness, increasing obese population, increasing youth population, improved lifestyle are some engines which is driving the market of fitness equipment. Other factors like rising disposable income of the individuals, rising incidence of the cardiovascular diseases, increasing ageing population, increasing incidences of weight-related health problems like diabetes, hypertension & heart disease are also contributing in driving the market of fitness equipment.

Whereas, factors such as niche demographics, industry competition and high cost of the equipments hinders the growth of fitness equipment market.

Market Segmentation: Germany Fitness Equipment Market

  • The Germany fitness equipment market is segmented on the basis of type and end-user.
  • The Germany fitness equipment market is segmented into four product types, namely body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment. In 2017, cardiovascular market segment is expected dominate the market.
  • On the basis of end-users, the Germany fitness equipment instruments market segment is sub-segmented into health clubs/gyms, home settings, corporate settings, apartments, hotels, hospitals and clinics. In 2017, health clubs/gyms market segment is expected to dominate the market.

Geographical SegmentationGermany Fitness Equipment Market

The Germany fitness equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

Competitive Landscape: Germany Fitness Equipment Market

Some of the major players operating in this market are

  • TechnoGym S.p.A
  • StairMaster
  • Nautilus, Inc.
  • Omron Healthcare, Inc.
  • hammer-fitness
  • Precor
  • Schnell Trainingsgeräte GmbH.
  • Johnson Health Tech.
  • Brunswick Corporation
  • GE Healthcare
  • Among others