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Treadmill Egometers Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

Treadmill Egometers Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

Region : Global | Format : report format | Report ID : 125789 | No. of Pages : 250

  • DESCRIPTION
  • TABLE OF CONTENT
  • METHODOLOGY
  • REPORT SCOPE

The Global Treadmill Ergometer Market Size Was Valued At USD 2.62 Billion In 2019 And Is Expected To Expand At A CAGR Of 5.2% During The Forecast Period.

Treadmill Egometers Market Overview:

The growing popularity of electric gym equipment associated with the increasing adoption of sports and fitness activities is expected to drive growth. Growing demand for real-time tracking of fitness and athletic performance to evaluate health metrics is expected to further propel product demand as this equipment provides personalized feedback. In addition, the increasing incidence of cardiovascular disease among young people is expected to increase the adoption of aerobic exercise, boosting the demand for treadmill ergometers in the near future.

Growing demand for conventional equipment integrated with power-driven technology to increase performance and convenience is expected to positively propel the demand for treadmill ergometers in the fitness industry. The growing adoption of wellness and fitness as a way of life is expected to boost the demand for smart equipment and wearables. These products effectively measure ground reaction forces and show individual performance improvements over a number of successive steps. Moreover, an increase in innovation and product development is expected to further propel the market growth. For example, step treadmills are increasingly being adopted for their cardiovascular benefits. It is also used as a general training procedure in physical therapy as well as sports science.

Treadmill Egometers Market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Treadmill Egometers Market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

  • May 2022, h/p/cosmos sports & medical GmbH, testing Antarctic equipment at terraXcube.
  • April 2022, h/p/cosmos sports & medical GmbH, Human Movement Institute at the Carnegie School of Sport.
  • March 2022, h/p/cosmos sports & medical GmbH, Cycling vs. Running on a treadmill | Performance Sports | science update.
  • January 2022, LifeFitness agrees to sell Brunswick Billiards assets.

Major Market Segments Covered in Treadmill Egometers Market Industry Research:

Market Key Players:
Icon, BH, Johnson, Life Fitness, Technogym, Dyaco, Precor, Star Trac, Nautilus, Shuhua, Icon, Yijian, Strength Master, True Fitness, Cybex, Enraf-Nonius, SCIFIT

By Type:

  • Medical Type
  • Sports Type

By Application:

  • Home Consumers
  • Health Clubs/Gym
  • Hotel Gym
  • Medical Centers/Hospitals
  • Others

By Region:

North America was the largest market accounting for approximately 41.0% of the global share in 2018. Increased product penetration due to the mass brand presence in the region is expected to bode well for regional demand for treadmill ergometers through online and offline channels. Consumers are increasingly investing in convenient fitness equipment as this region has the highest propensity for fitness and healthy lifestyles. The availability of various products for monitoring physical activity is expected to boost the regional market growth. The United States dominates the global market due to the high consumer willingness to spend on fitness and health rehabilitation.

Asia Pacific is expected to witness the fastest CAGR during the forecast period, owing to rapid growth in the adoption of fitness activities. The rapid growth of the local health and wellness industry is expected to expand the scope for the number of new fitness clubs and medical rehabilitation centers. This factor is expected to create demand for treadmill ergometers in the near future. An increase in disposable income coupled with consumer willingness to invest in health and fitness equipment is expected to further fuel regional growth.

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
    • Belgium
    • The Netherlands
    • Luxembourg
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Nordic Countries
    • Benelux Union
    • Rest of Europe
  • Asia-Pacific
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Significant Market Dynamics:

Market Drivers

Numerous micro- and macroeconomic aspects contribute to the expansion of the global treadmill ergometer market. The growing popularity of electric gym equipment has been one of the most important reasons driving the market expansion. People are increasingly concerned about their health and fitness and want accurate physical activity records. Treadmills are one of the most popular types of fitness equipment, which has created a significant demand for treadmill ergometers. During exercise, this ergometer reports distance traveled, calories burned, and heart rate. This accurate information has helped increase its popularity and consequently, the entire industry has been able to expand. Additionally, rising public awareness of the benefits of physical fitness is expected to be a significant driving force for the development of the treadmill ergometer market. As the incidence of cardiovascular disease continues to rise, people are increasingly monitoring their heart problems in real-time and joining the gym. This has contributed to the growth of the treadmill ergometer market.

The increasing prevalence of cardiovascular disease and the increasing number of health-conscious people are predicting the need for regular exercise. This need is anticipated to fuel the demand for treadmills over the forecast period, ultimately boosting market growth. For example, stair treadmills are gaining popularity because of their many advantages. Additionally, treadmill ergometers are finding many applications in athletics. Additionally, the introduction of smart treadmills that provide internet connectivity and collect and store data for analysis has had a constructive impact on the expansion of the ergometer market.

Even if the surface of the treadmill is cushioned, it can put an undue impact on your back or stress your hip, knee, and ankle joints. Testing both surface and rebound is essential. They can occupy a significant amount of area. Like most other equipment with electronic programming and motors, treadmills usually require professional service for maintenance. Some treadmills have particularly noisy engines, making it difficult to do other activities near the machine. Because treadmills only allow for a limited range of motion, from walking to running, treadmill use becomes tedious over time.

Market Opportunities

Improved adoption of sports and fitness exercises is expected to increase the demand for electric gym equipment, driving the expansion of the industry. As this equipment provides personalized feedback, demand for the product will further increase as the demand for real-time fitness and sports performance tracking for health parameter analysis increases. In addition, the growing popularity of aerobic exercise along with rising cardiovascular disease in the younger population is expected to boost the demand for treadmill ergometers in the near future. The need for treadmill ergometers in the fitness industry is expected to intensify as demand for conventional equipment combined with power-driven technology to improve performance and comfort increases. The smart devices and wearables market is expected to be impacted by the increasing prevalence of wellness and fitness as a lifestyle choice. These items help accurately measure ground reaction forces over a series of steps and show each individual's performance progress. Increased innovation and product development are also expected to contribute to market expansion. For example, stair treadmills are gaining popularity due to their cardiovascular benefits. Physical therapy and sports science also use it as a popular training technique.

Treadmill Egometers Market report scope:

Report Attributes

Details

Growth Rate

CAGR of 5.2% from 2022 to 2030.

By Type

Medical Type, Sports Type

By Application

Home Consumers, Health Clubs/Gym, Hotel Gym, Medical Centers/Hospitals, Others

By Companies 

Icon, BH, Johnson, Life Fitness, Technogym, Dyaco, Precor, Star Trac, Nautilus, Shuhua, Icon, Yijian, Strength Master, True Fitness, Cybex, Enraf-Nonius, SCIFIT

Regions and Countries Covered

  • North America: (US, Canada, Mexico, Rest of North America)
  • Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
  • The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
  • Latin America(Brazil, Argentina, Rest of Latin America)

Rest Of the World

Base Year

2022

Historical Year

2017 to 2022

Forecast Year

2023 to 2030

Key Takeaways from this Treadmill Egometers Market Report

  • Estimate Treadmill Egometers Market potential by analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at the country level - for product types, applications, and by different industry verticals.
  • Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness to your processes.
  • Know the different dynamics affecting the market - challenges, key driving factors, and opportunities.
  • Get a quick viewpoint on the Treadmill Egometers Market entropy - M&A's, deals, partnerships, and product launches of all key companies for the historical 5 years.
  • Estimate the supply-demand gaps, import-export data, and regulatory landscape for more than the top 20 countries worldwide for the market.
  • Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
  • Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Treadmill Egometers Market?

The Treadmill Egometers Market is growing at a CAGR of 5.2% During the Forecast Period.

What are the key types of Treadmill Egometers Market?

Medical Type, Sports Type

What are the key applications of Treadmill Egometers Market?

Home Consumers, Health Clubs/Gym, Hotel Gym, Medical Centers/Hospitals, Others

Who are the key players in Treadmill Egometers Market?

Icon, BH, Johnson, Life Fitness, Technogym, Dyaco, Precor, Star Trac, Nautilus, Shuhua, Icon, Yijian, Strength Master, True Fitness, Cybex, Enraf-Nonius, SCIFIT

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