(PharmaNewsWire.Com, September 25, 2018 ) Data Bridge Market Research new Insight’s on “Germany Fitness Equipment Market” is projected to reach 1,861.9 million by 2024, from USD 1,100.0 million in 2016 growing at a CAGR of 6.8% during the forecast period of 2017 to 2024”.
The market is segmented By Type (namely body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment) By Product Type (Bioimpedance analyzers, skinfold caliper, dual emission x-ray absorptiometry (DEXA), hydrostatic weighing and air displacement plethysmography), By End User (health clubs/ gyms, home settings, corporate settings, hotels, apartments, hospitals, clinics), By Geography (Germany) – Trends and Forecast to 2024
The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
Fitness equipment market is growing owing to the factors such as rising awareness regarding health & fitness, increasing obese population, improved lifestyle of people, rising disposable income of the individuals, increasing ageing population, increase in the incidence of cardiovascular diseases. The demand for the fitness equipment will be always there as long as people want to stay fit or lose weight.
Fitness equipments include all monitoring and machinery tools which requires for physical fitness. Exercise helps to control fat, burn calories, healthy heart, to improve physical stamina and for muscular strength. The awareness towards fitness is the main factor driving the market for fitness equipments in the forecast period 2017 to 2024.The implementation of fitness equipment is majorly obsessed by the huge number of obese people, chiefly in developed countries. The heavy population segment drives the practice of cardiovascular equipment for weight management. The increased alertness for health & fitness also drives the implementation of fitness equipment, chiefly preferred by increasing in-home equipment sales and fitness club memberships.
Rising awareness regarding health & fitness, increasing obese population, increasing youth population, improved lifestyle are some engines which is driving the market of fitness equipment. Other factors like rising disposable income of the individuals, rising incidence of the cardiovascular diseases, increasing ageing population, increasing incidences of weight-related health problems like diabetes, hypertension & heart disease are also contributing in driving the market of fitness equipment.
• The Germany fitness equipment market is segmented on the basis of type and end-user
• Germany fitness equipment market is segmented into four product types, namely body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment.
• Cardiovascular training equipment is sub-segmented into treadmills, elliptical trainers, stationery cycles, rowing machines, stair steppers and others.
• Strength training equipment market is sub-segmented into single stations, plate loaded equipment, free weights, benches & racks, multistations and, accessories.
• On the basis of end-users, the Germany fitness equipment instruments market segment is sub-segmented into health clubs/gyms, home settings, corporate settings, apartments, hotels, hospitals and clinics.
The Germany fitness equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Company Share Analysis: Germany Fitness Equipment Market
The Germany fitness equipment market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are
• TechnoGym S.p.A,
• StairMaster,
• Nautilus, Inc.,
• Omron Healthcare, Inc.,
• hammer-fitness,
• Precor,
• Schnell Trainingsgeräte GmbH. Johnson Health Tech.,
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