North America Fitness Equipment Market, By Type (Cardiovascular Training Equipment, Strength Training Equipment, Fitness Monitoring Equipment, Body Composition Analysers), End-Users (Health Clubs/Gym, Home Settings, Corporate Settings, Hotels, Apartments, Hospitals, Clinic), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2029.
Market Analysis and Insights North America Fitness Equipment Market
Data Bridge Market Research analyses that the fitness equipment market is growing at a CAGR of 3.2% in the forecast period of 2022-2029.
Fitness equipment are machines or products that people uses to exercise or to maintain the body weight. There are many equipment you can use then in gyms or fitness centres or nowadays even your home.
The rise in public awareness about health and fitness is the major factor accelerating the growth of the fitness equipment market. Furthermore, growing young population and the growing backlog, improved lifestyle of the people, and the increase in non-renewable income, especially in developing countries are also expected to drive the growth of the fitness equipment market. However, high cost of fitness and the cost of equipment and their high maintenance restrains the fitness equipment market, whereas, young people prefer other activities such as aerobics, swimming and yoga and it will challenge market growth.
In addition, rapid industrialization and urbanization have led to health problems such as stress on population rates, working hours and unhealthy eating habits. To deal with these bad effects, membership in the gym will create ample opportunities for the fitness equipment market.
This fitness equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fitness equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Fitness Equipment Market Scope and Market Size
The fitness equipment market is segmented on the basis of type and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the fitness equipment market is segmented into body composition analysers, 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.
- Fitness equipment market has also been segmented based on the end-users into health clubs/gym, home settings, corporate settings, hotels, apartments, hospitals and clinics.
Fitness Equipment Market Country Level Analysis
The fitness equipment market is analysed and market size insights and trends are provided by country, type and end-users as referenced above.
The countries covered in the fitness equipment market report are U.S., Canada and Mexico.
The country section of the fitness equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The fitness equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for fitness equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the fitness equipment market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Fitness Equipment Market Share Analysis
The fitness equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fitness equipment market.
Some of the major players operating in the fitness equipment market report are Brunswick Corporation., TECHNOGYM S.p.A, Precor Incorporated., Omron Healthcare, Inc., Omron Healthcare, Inc., Core Health & Fitness, LLC., ICON Health & Fitness, Johnson Health Tech., Technogym S.p.AAmer Sports, Nautilus, Inc. , Core Health & Fitness, LLC , TRUE., and Torque Fitness, LLC among other
Customization Available : North America Fitness Equipment Market
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