The Europe Fitness Rings Market would witness market growth of 7.2% CAGR during the forecast period (2022-2028).
Fitness rings are useful when consistent activity tracking is among the primary concerns. Furthermore, due to their compatibility with daily routines like bathing, swimming, exercising, and other activities, fitness rings are projected to gain popularity. Additionally, rising disposable income and increased spending on healthcare gadgets are likely to be important drivers propelling the growth of the fitness rings market in the coming years.
Some fitness rings may also process payments through mobile networks such as Apple Pay or Google Pay. Normally, this feature demands the user to establish a payment profile within the app and authenticate their identity using biometric data like face recognition or fingerprint. Furthermore, rapid technological advancement is expected to raise the need for fitness rings. Thus, it is anticipated that the numerous capabilities of fitness rings will contribute favorably to the expansion of the market for fitness rings in the not-too-distant future.
In this region, the demand for fitness monitoring goods is projected to be driven by growing technology usage, an increase in the acceptability of smart gadgets, and several advantages of fitness monitoring equipment. As more people adopt wearable technology like fitness rings and smartphone apps to continuously monitor their health and prevent health-related issues through effective interventions and behavioral change, wearable technology is increasing, particularly within the healthcare industry. For example, according to the Government of the United Kingdom, the Defence and Security Accelerator (DASA) utilizes wearable technology to offer the UK Armed Services a major possibility to lower damage to in-service people. Hence, the market for fitness rings in this region has been greatly expanded.
The Germany market dominated the Europe Fitness Rings Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $44,418.9 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 6.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Compatibility, the market is segmented into iOS, Android, Windows, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Fitness Rings Market will Hit $651.6 Million by 2028, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ultrahuman Healthcare Private Limited, Sky Labs, Oura Health Oy, ArcX Technology Ltd, SLEEPON, Circular and Ringly Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Compatibility
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Ultrahuman Healthcare Private Limited
- Sky Labs
- Oura Health Oy
- ArcX Technology Ltd
- SLEEPON
- Circular
- Ringly Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Fitness Rings Market, by Distribution Channel
1.4.2 Europe Fitness Rings Market, by Compatibility
1.4.3 Europe Fitness Rings Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Fitness Rings Market by Distribution Channel
3.1 Europe Offline Market by Country
3.2 Europe Online Market by Country
Chapter 4. Europe Fitness Rings Market by Compatibility
4.1 Europe iOS Market by Country
4.2 Europe Android Market by Country
4.3 Europe Windows Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Fitness Rings Market by Country
5.1 Germany Fitness Rings Market
5.1.1 Germany Fitness Rings Market by Distribution Channel
5.1.2 Germany Fitness Rings Market by Compatibility
5.2 UK Fitness Rings Market
5.2.1 UK Fitness Rings Market by Distribution Channel
5.2.2 UK Fitness Rings Market by Compatibility
5.3 France Fitness Rings Market
5.3.1 France Fitness Rings Market by Distribution Channel
5.3.2 France Fitness Rings Market by Compatibility
5.4 Russia Fitness Rings Market
5.4.1 Russia Fitness Rings Market by Distribution Channel
5.4.2 Russia Fitness Rings Market by Compatibility
5.5 Spain Fitness Rings Market
5.5.1 Spain Fitness Rings Market by Distribution Channel
5.5.2 Spain Fitness Rings Market by Compatibility
5.6 Italy Fitness Rings Market
5.6.1 Italy Fitness Rings Market by Distribution Channel
5.6.2 Italy Fitness Rings Market by Compatibility
5.7 Rest of Europe Fitness Rings Market
5.7.1 Rest of Europe Fitness Rings Market by Distribution Channel
5.7.2 Rest of Europe Fitness Rings Market by Compatibility
Chapter 6. Company Profiles
6.1 Ultrahuman Healthcare Private Limited
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Product Launches and Product Expansions:
6.1.2.2 Acquisition and Mergers:
6.2 Sky Labs
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Trials and Approvals:
6.3 Oura Health Oy
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Partnerships, Collaborations, and Agreements:
6.4 ArcX Technology Ltd
6.4.1 Company Overview
6.5 SLEEPON
6.5.1 Company Overview
6.6 Circular
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Product Launches and Product Expansions:
6.7 Ringly Inc.
6.7.1 Company Overview
TABLE 1 Europe Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 2 Europe Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 3 Europe Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 4 Europe Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 5 Europe Offline Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Europe Offline Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Europe Online Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Europe Online Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Europe Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 10 Europe Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 11 Europe iOS Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Europe iOS Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Europe Android Market by Country, 2018 - 2021, USD Thousands
TABLE 14 Europe Android Market by Country, 2022 - 2028, USD Thousands
TABLE 15 Europe Windows Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Europe Windows Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Europe Others Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Europe Others Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Europe Fitness Rings Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Europe Fitness Rings Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Germany Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 22 Germany Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 23 Germany Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 24 Germany Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 25 Germany Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 26 Germany Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 27 UK Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 28 UK Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 29 UK Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 30 UK Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 31 UK Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 32 UK Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 33 France Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 34 France Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 35 France Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 36 France Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 37 France Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 38 France Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 39 Russia Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 40 Russia Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 41 Russia Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 42 Russia Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 43 Russia Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 44 Russia Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 45 Spain Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 46 Spain Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 47 Spain Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 48 Spain Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 49 Spain Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 50 Spain Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 51 Italy Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 52 Italy Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 53 Italy Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 54 Italy Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 55 Italy Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 56 Italy Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 57 Rest of Europe Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 58 Rest of Europe Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 59 Rest of Europe Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 60 Rest of Europe Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 61 Rest of Europe Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 62 Rest of Europe Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 63 Key Information – Ultrahuman Healthcare Private Limited
TABLE 64 Key Information – Sky Labs
TABLE 65 Key Information – Oura Health Oy
TABLE 66 Key Information – ArcX Technology Ltd
TABLE 67 Key Information – SLEEPON
TABLE 68 Key Information – Circular
TABLE 69 Key Information – RINGLY INC.
List of Figures
FIG 1 Methodology for the research