Global Fitness Equipment Market By Type (Cardiovascular, Strength Training), End User (Home individual usage, Health clubs gyms)
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The global fitness equipment market is expected to reach $12.8 billion by 2022, growing at a CAGR of 4.4% during the forecast period. The commonly observed fitness equipment types in the market are cardiovascular training equipment, strength-training equipment and other equipment such as monitoring devices and trackers. Fitness equipment relates to equipment used for physical fitness, weight management, improving body stamina and muscular strength and in some cases are also used in medical treatments. Commonly used fitness equipment are treadmills, stationary bicycles, stair climbers and weightlifting machines. Growing obese population, pressing health concerns and youth population are the major factors driving the global fitness equipment market. On the flip side, resale of equipment and environmental regulations related to extraction and processing of metals and other materials are the key restraining factors for the fitness equipment market. The report highlights the adoption of Fitness Equipment, globally.
Based on the Type, the Global Fitness Equipment Market is segmented into Cardiovascular, Strength training and Other Equipment segment. Based on the End User, the market is bifurcated into Home individual usage, Health clubs gyms and Other commercial users segment. The geographies included in the report are North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).
Key Players profiled in the report includes Amer Sports Corporation, Nautilus Inc., Brunswick Corporation, Johnson Health Tech Co., TRUE Fitness, Cybex International, Impulse (Qingdao) Health Tech Ltd. Co, ICON Health & Fitness, Torque Fitness LLC. and Fitness EM LLC.