The report titled “Global Fitness Equipment Market: Size,Trends & Forecasts (2016-2020)”, provides an in-depth analysis of the
global fitness equipment market by value. The report also gives an insight of
the global fitness equipment market by segments, by region, etc.
Executive Summary
Fitness equipment are the machines and monitoring devices
that keeps the users updated about their vitals such as heart rate, breathing
density, calories burned, miles walked, etc. The fitness equipment are used at
homes, gyms, health clubs for health related reasons. These days corporate
suites and hospitality centres such as hotels, restaurants, cafes, etc. are
also accommodating fitness equipment in their defined setting with an aim to
manage the employee health and improve the customer experience respectively.
The fitness equipment can be segmented on the basis of
equipment type, product type and by the end-user application.
The global fitness equipment market has increased at a
significant CAGR during the years 2014-2015 and projections are made that the
market would rise in the next four years i.e. 2016-2020 tremendously. The
fitness equipment market is expected to increase due to increased outbreak of
chronic diseases such as obesity and diabetes, increased number of health
fitness clubs, rising GDP per-capita increased healthcare expenditure, etc. Yet
the market faces some challenges such as, high dependence on economic
volatility, niche demographics and intense competition.
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