The Germany fitness equipment market is expected to reach USD 1,861.9 billion by 2024 from USD 1,100.0 billion in 2016, at a CAGR of 6.8% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024
The Germany fitness equipment market is segmented on the basis of type and end-user.
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The Germany fitness equipment market is segmented into four product types, namely body composition analyzers, fitness monitoring equipment, cardiovascular training equipment and strength training equipment. In 2017, cardiovascular market segment is expected dominate the market.
Cardiovascular training equipment is sub-segmented into treadmills, elliptical trainers, stationery cycles, rowing machines, stair steppers and others. In 2017, the treadmills market segment is expected to dominate the market.
Strength training equipment market is sub-segmented into single stations, plate loaded equipment, free weights, benches & racks, multistations and, accessories. In 2017, single stations market segment is expected to dominate the market.
On the basis of end-users, the Germany fitness equipment instruments market segment is sub-segmented into health clubs/gyms, home settings, corporate settings, apartments, hotels, hospitals and clinics. In 2017, health clubs/gyms market segment is expected to dominate the market.
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The Germany fitness equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The global sports medicine market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are TechnoGym S.p.A, StairMaster, Nautilus, Inc., Omron Healthcare, Inc., hammer-fitness, Precor, Schnell Trainingsgeräte GmbH. Johnson Health Tech., Brunswick Corporation, and GE Healthcare among others
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