DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Cardiovascular Training Equipment market - By Machines, End Users, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2015-2022)" report to their offering.
The global cardiovascular training equipment market is expected to grow at a CAGR of over 3% during the period 2015-2022 and reach USD 13.24 billion by 2022. North America occupied nearly 45% of the overall market share of training equipments due to increasing overweight population over there.
The market in Asia Pacific is expected to grow at a CAGR of over 7% over the forecast period due to increase of advanced fitness equipment in the region, followed by that in North America by about 2%.
The major driver of this industry is the increased awareness for health and trends of corporate fitness and wellness programmes offered by organizations for their employees. Rise in obese population in the developed countries and the rapid increase in in-house gyms and personal trainers also drive this industry. The reselling and recycling of used fitness equipment is the major constraint in this segment.
There is a high competition in this market and technological innovations have been driving this industry. Companies like Cybex International Inc., Johnson Health Tech, Nautilus Inc., Paramount and Precor have formed strategic alliances with gym and health club service providers to gain the industry revenue share and establish their dominance in the market. Nautilus, headquartered in Vancouver, had invested USD 9.9 million for the year 2015, and the net sales generated were USD 335.8 million.
Key Topics Covered:
1. Research Methodology
2. Market Overview
3. Market Dynamics
4. Global Cardiovascular Training Equipment market Segmentation, Forecasts and Trends - by Revenue
5. By Machines
6. By End Users
7. By Region
8. Vendor Market Share Analysis
9. Company Profiles
10. Industry Structure
- ICON Health and Fitness
- Cybex International
- Octane Fitness
- Star Trac
For more information about this report visit http://www.researchandmarkets.com/research/khv4kv/global