Dallas, TX -- (SBWIRE) -- 08/27/2018 -- The global fitness equipment market size is anticipated to witness 3.6% CAGR over the forecast period due to increasing obesity and health related issues. Obesity is a major concern in developing and developed countries. It causes several health-related issues such as diabetes, heart diseases and rise in cholesterol and other ailments. As a result, a large number of people are being advised to go for a strict exercise regimen. USA has the highest percent of obese people, approximately 38% of the total population are obese and this rate of obesity is anticipated to rise in the coming years.

Rising awareness about fitness and good health among youth and old age groups has been the major factor for the growth of fitness equipment market and the trend is expected to continue over the forecast period. Moreover, rising competition at workplace and fast paced life is causing chronic stress among the individuals. To manage stress, several people are focusing on some type of physical activity. Taking advantage of this trend, the number of gyms and health clubs is on a rise and has resulted in several people across various age groups availing memberships. Of these, the working population has the highest inclination towards availing memberships in gyms and fitness clubs. Players are actively developing the market via social media and ensuring the visibility of their products in through various ways in the market

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In 2016, cardiovascular training equipment accounted for 66% of the global fitness equipment market share. Cardiovascular Training Equipment helps in maintaining the health of the heart and in burning calorie. This equipment also assists in improving the cardiovascular endurance of the whole body. Owing to its growing popularity, health benefits and technological advancements this segment of the global market has always been the biggest contributor to revenue.

"Fitness Equipment Market Expected to Reach 4.52 Bd n by 2025"

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North America was the largest market for fitness equipment and is expected to witness the steady growth over the next few years. Asia Pacific is expected to be the fastest growing market account of rising consumer demand for increasing consumer disposable income, rising health awareness, and changing lifestyles of consumers. The fitness equipment market in Europe is projected to witness a significant growth due to the rising number of residential and commercial complexes is also driving the fitness market with realtors offering fitness clubs as an amenity to attract consumers and employees, respectively. Initiatives by several local regulatory bodies to promote health of their population is also driving the establishment of fitness clubs, thereby augmenting market growth

The competitive landscape of the global fitness equipment market is growing and these are some top players of the industry such as Exigo, Brunswick Corporation, Precor, Core Health and Fitness LLC, Johnson Health Tech Co. Ltd., TRUE Fitness Technology, Inc

Key segments of the global fitness equipment market

Type Overview, 2017-2025 (USD Million)
Strength Training Equipment
Cardiovascular Training Equipment
Elliptical
Rowing machine
Stationary bike
Treadmills
Other Cardiovascular Training Equipment
Other equipment

End User Overview, 2017-2025 (USD Million)
Health Clubs/Gyms
Home Consumer
Other End-Users
Hotels
Corporate Offices
Hospitals & Medical Centers
Public Institutions (Schools, Universities, and Others)

Regional Overview, 2017-2025 (USD Million)
North America
US
Canada
Mexico
Europe
Germany
United Kingdom
France
Spain
Russia
Asia Pacific
China
Japan
India
Australia
South America
Brazil
Argentina
Middle East & Africa
South Africa

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