Sarasota, FL -- (SBWire) -- 01/30/2018 --According to the report, the global fitness equipment market accounted for around USD 10.00 billion in 2015 and is expected to reach approximately USD 12.50 billion by 2021, growing at a CAGR of around 4.0% between 2016 and 2021.
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Fitness deals with the readiness, fit people are well equipped as compared to non-fit people. The fitness levels include all aspects of life and health. It affects physical, mental, and social health. Fitness is the ability of body systems to work efficiently. A fit and healthy person are able to carry out the typical activities of living, such as work, and still, have enough energy and vigor to respond to emergency situations and to enjoy leisure time activities. Fitness includes five important components like flexibility, cardio-respiratory fitness, muscular endurance, muscular strength, and body composition. Fitness is vitally important to health and wellness as well as to the ability to engage in normal activities of daily living. Physical activity and exercise training programs should be designed with the intent of improving each of the key components of health-related physical fitness in addition to preventing chronic disease.
Increasing prevalence of chronic diseases, changing unhealthy population, increasing geriatric population, and rising obese population are major factors responsible for the growth of fitness equipment market. In addition, new emerging innovative advances for cardiovascular fitness equipment are propelling the growth of fitness equipment market. Furthermore, increasing health awareness and demand for fitness equipment are expected to drive the growth of fitness equipment market in the forecast period. In spite of this, the high cost of fitness equipment is majorly affecting the growth of fitness equipment market. However, untapped market and increasing health club number may generate new opportunities in forecast period for fitness equipment market.
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Based on the equipment type, the market of fitness equipment has been classified into cardio-respiratory equipment, muscular equipment, flexibility equipment, body fitness equipment and others. In 2015, cardio-respiratory equipment segment dominated the market of fitness equipment with major market share. In the forecast period, muscular equipment segment is expected to exhibit noticeable growth due to rising awareness of health consciousness. Improved muscular strength and endurance will help us to build better health.
Fitness Equipment Market: Equipment Type Analysis
Cardio-respiratory Equipment
Muscular Equipment
Flexibility Equipment
Body fatness Equipment
Other
Fitness Equipment Market: End User Analysis
Hospital
Gym centers/ Health club
Homecare
Others
Fitness Equipment Market: Regional Analysis
North America
U.S.
Europe
U.K.
Germany
Italy
Asia
India
China
Japan
Latin America
Brazil
Middle East and Africa
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Fitness Equipment Market Expected to Propel Market in the Future
Zion Market Research has published a new report titled “Fitness Equipment Market by Equipment Type (Cardio-Respiratory Equipment, Muscular Equipment, Flexibility Equipment, Body Fatness Equipment and Others) for Hospital, Gym Centers/Health Clubs, Homecare and Others - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021’