The global treadmill ergometer market size is expected to reach USD 3.75 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 5.2% during the forecast period. Rising health consciousness coupled with adoption of a healthy lifestyle is anticipated to drive the growth. Treadmill ergometer provide personalized feedback, which is expected to positively influence the product demand. Increasing preference for physical activities such as walking and running has drawn attention toward fitness tracking and is expected to bode well for the market growth.
Treadmill
ergometer provide real-time health metrics such as workout duration, distance
travelled, speed, and calories burned. High tech ergometer also showcase blood
pressure levels and oxygen uptake. Rising preference for real-time fitness
tracking is expected to drive the demand for equipment integrated with advanced
technology over their traditional counterparts. This factor is anticipated to
propel the demand for treadmill ergometer in the fitness industry over the
forecast period.
Walking
and running are some of the most popular fitness activities and thus, an
increasing number of consumers is likely to opt for exercising tools with
real-time data to enhance their overall workout experience. Moreover,
increasing product innovation is expected to boost the demand for motorized and
smart fitness equipment. For instance, introduction of stair-treadmill
ergometer, which is a combination of standard stepper and a treadmill has
positively influenced the product demand for effective cardio exercising.
Rising
incidence of trauma and deaths caused by cardiovascular diseases is anticipated
to create awareness regarding the importance of regular exercise and leading a
healthy lifestyle. As a result, rising number of gyms and fitness clubs coupled
with demand from hospitals and rehabilitation centers is projected to fuel the
global market growth. According to the American Heart Association (AHA), in
2016, Coronary Heart Disease (CHD) was the leading cause of death in U.S. with
around 43.2% deaths caused by cardiovascular diseases.
Fitness
club application segment held the largest market share of more than 82.9% in
2018. Rising awareness regarding the importance of physical activities coupled
with increased participation in fitness and sports activities is projected to
drive the growth. Consumer preference for cardiovascular exercises and strength
training is expected to bode well for the treadmill ergometer demand in the
forthcoming years.
Commercial
end user segment held the largest market share of around 85% in 2018. Rising
demand for treadmill ergometers from sports clubs, fitness clubs, gyms,
offices, and medical centers among others is projected to drive the segment
growth. Moreover, increasing construction of such commercial spaces is likely
to positively influence the product demand.
North
America held the largest share of 41.0% in the treadmill ergometer market in
2018. Availability of a wide assortment of products to monitor the progress of
workout sessions, has fueled the regional market growth. U.S. dominates the
global market due to high consumer willingness to spend on fitness and health
rehabilitation.
Full Research Report On Treadmill Ergometer Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/treadmill-ergometer-market
Treadmill
Ergometer Market Report Highlights
- In terms of
regional revenue, North America held the largest share of the treadmill
ergometer market in 2018
- Commercial
end user segment is expected to expand at the fastest CAGR of 5.5% due to
rise sports and fitness activities
- Fitness club
application segment held the largest market share of about 83% in terms of
revenue in 2018
- The market is
highly competitive in nature with the presence of key players including
BODYCRAFT; ergoline GmbH; h/p/cosmos sports & medical GmbH; Life
Fitness; TECHNOGYM S.p.A; ICON Health & Fitness; Amer Sports; Johnson
Fitness & Wellness; Cybex International, Inc.; and Enraf-Nonius
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/treadmill-ergometer-market/request/rs1
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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