The Latin America, Middle East and Africa Fitness Rings Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
Fitness rings frequently connect to smartphones via Bluetooth and can be controlled via a smartphone app. They may also incorporate sensors like a heart rate monitor or an accelerometer to track fitness data. Fitness rings are becoming increasingly popular due to their convenience and discreet design. They perform many of the same features as fitness trackers or smartwatches but in a smaller package. Popular models include the Motiv Ring, Oura Ring, and NFC Ring.
Besides the regular functions, some fitness rings can control other devices, including smart home devices, cameras, or drones. This allows these devices to be managed without needing a different remote or app. Fitness rings can also be employed for security, with some devices adding biometric authentication, such as fingerprint recognition. This can be utilized to secure sensitive data access or unlock devices.
The healthcare sector in the United Arab Emirates has grown to accommodate the country's changing healthcare demands and its aspiration to draw regional medical tourists. In addition, the UAE has stepped up its investment in healthcare due to the COVID-19 outbreak. Together with other things, these investments go into creating apps that can help people reach their health objectives. Additionally, because of the high incidence of lifestyle issues in this wealthy country, the demand for fitness rings has grown. Therefore, the rising demand and adoption of fitness rings in the region will promote market expansion throughout the projected period.
The Brazil market dominated the LAMEA Fitness Rings Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,682.5 Thousands by 2028. The Argentina market is experiencing a CAGR of 10.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Fitness Rings Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Fitness Rings Market, by Distribution Channel
1.4.2 LAMEA Fitness Rings Market, by Compatibility
1.4.3 LAMEA 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. LAMEA Fitness Rings Market by Distribution Channel
3.1 LAMEA Offline Market by Country
3.2 LAMEA Online Market by Country
Chapter 4. LAMEA Fitness Rings Market by Compatibility
4.1 LAMEA iOS Market by Country
4.2 LAMEA Android Market by Country
4.3 LAMEA Windows Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Fitness Rings Market by Country
5.1 Brazil Fitness Rings Market
5.1.1 Brazil Fitness Rings Market by Distribution Channel
5.1.2 Brazil Fitness Rings Market by Compatibility
5.2 Argentina Fitness Rings Market
5.2.1 Argentina Fitness Rings Market by Distribution Channel
5.2.2 Argentina Fitness Rings Market by Compatibility
5.3 UAE Fitness Rings Market
5.3.1 UAE Fitness Rings Market by Distribution Channel
5.3.2 UAE Fitness Rings Market by Compatibility
5.4 Saudi Arabia Fitness Rings Market
5.4.1 Saudi Arabia Fitness Rings Market by Distribution Channel
5.4.2 Saudi Arabia Fitness Rings Market by Compatibility
5.5 South Africa Fitness Rings Market
5.5.1 South Africa Fitness Rings Market by Distribution Channel
5.5.2 South Africa Fitness Rings Market by Compatibility
5.6 Nigeria Fitness Rings Market
5.6.1 Nigeria Fitness Rings Market by Distribution Channel
5.6.2 Nigeria Fitness Rings Market by Compatibility
5.7 Rest of LAMEA Fitness Rings Market
5.7.1 Rest of LAMEA Fitness Rings Market by Distribution Channel
5.7.2 Rest of LAMEA 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 LAMEA Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Offline Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Offline Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Online Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Online Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 11 LAMEA iOS Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA iOS Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Android Market by Country, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Android Market by Country, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Windows Market by Country, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Windows Market by Country, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Others Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Others Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Fitness Rings Market by Country, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Fitness Rings Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Brazil Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 22 Brazil Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 23 Brazil Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 24 Brazil Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 25 Brazil Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 26 Brazil Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 27 Argentina Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 28 Argentina Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 29 Argentina Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 30 Argentina Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 31 Argentina Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 32 Argentina Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 33 UAE Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 34 UAE Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 35 UAE Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 36 UAE Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 37 UAE Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 38 UAE Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 39 Saudi Arabia Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 40 Saudi Arabia Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 41 Saudi Arabia Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 42 Saudi Arabia Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 43 Saudi Arabia Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 44 Saudi Arabia Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 45 South Africa Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 46 South Africa Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 47 South Africa Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 48 South Africa Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 49 South Africa Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 50 South Africa Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 51 Nigeria Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 52 Nigeria Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 53 Nigeria Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 54 Nigeria Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 55 Nigeria Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 56 Nigeria Fitness Rings Market by Compatibility, 2022 - 2028, USD Thousands
TABLE 57 Rest of LAMEA Fitness Rings Market, 2018 - 2021, USD Thousands
TABLE 58 Rest of LAMEA Fitness Rings Market, 2022 - 2028, USD Thousands
TABLE 59 Rest of LAMEA Fitness Rings Market by Distribution Channel, 2018 - 2021, USD Thousands
TABLE 60 Rest of LAMEA Fitness Rings Market by Distribution Channel, 2022 - 2028, USD Thousands
TABLE 61 Rest of LAMEA Fitness Rings Market by Compatibility, 2018 - 2021, USD Thousands
TABLE 62 Rest of LAMEA 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