Global Fitness Equipment Market Size, Share, Trends and Forecast 2016
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- Date Submitted: 05/12/2016 01:42 AM
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Global Fitness Equipment Market Share, Size, Emerging Trends, Analysis, Outlook, Overview and Forecasts 2016-2020
Technavios market research analyst predicts the global fitness equipment market to grow steadily at a CAGR of around 4% during the forecast period. The growing health awareness worldwide is a key driver for the growth fo this market. The rising health conditions like diabetes, cholesterol and obesity have increased, leading to heart-related ailments. For instance during 2012, nearly 29 million Americans had diabetes. Diabetes was also the 7th leading cause of death in the US during 2010. Continuous workout for the body helps prevent such diseases and increases the life expectancy of people.
The rise in government and corporate initiatives to promote fitness has also been driving the market growth. Numerous corporates are providing gym services within the company premises aiding employees to balance their work and health. For instance, nearly 79% of the large companies and offer wellness programs in the Americas for their employees.
Browse Detail Report With TOC @ http://www.radiantinsights.com/research/global-fitness-equipment-market-2016-2020
Product segmentation and analysis of the fitness equipment market
Cardiovascular training equipment
Strength training equipment
Other equipment (activity monitors and body analyzers)
The cardiovascular training equipment segment is anticipated to dominate the market during the forecast period and reach a market value of around US $ 6 billion. The growing obese population segment is a key driver for the growth of this segment. For instance, during 2014, around 2 billion adults above the age of 18 years were overweight with 600 million people in this group being classified as obese.
Table of Content
PART 01: Executive summary
Highlights
Browse Upcoming Reports @ http://www.radiantinsights.com/upcoming-reports
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03:...
Technavios market research analyst predicts the global fitness equipment market to grow steadily at a CAGR of around 4% during the forecast period. The growing health awareness worldwide is a key driver for the growth fo this market. The rising health conditions like diabetes, cholesterol and obesity have increased, leading to heart-related ailments. For instance during 2012, nearly 29 million Americans had diabetes. Diabetes was also the 7th leading cause of death in the US during 2010. Continuous workout for the body helps prevent such diseases and increases the life expectancy of people.
The rise in government and corporate initiatives to promote fitness has also been driving the market growth. Numerous corporates are providing gym services within the company premises aiding employees to balance their work and health. For instance, nearly 79% of the large companies and offer wellness programs in the Americas for their employees.
Browse Detail Report With TOC @ http://www.radiantinsights.com/research/global-fitness-equipment-market-2016-2020
Product segmentation and analysis of the fitness equipment market
Cardiovascular training equipment
Strength training equipment
Other equipment (activity monitors and body analyzers)
The cardiovascular training equipment segment is anticipated to dominate the market during the forecast period and reach a market value of around US $ 6 billion. The growing obese population segment is a key driver for the growth of this segment. For instance, during 2014, around 2 billion adults above the age of 18 years were overweight with 600 million people in this group being classified as obese.
Table of Content
PART 01: Executive summary
Highlights
Browse Upcoming Reports @ http://www.radiantinsights.com/upcoming-reports
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03:...