Global Cardiovascular Training Equipment Market 2016-2020

Overview of the cardiovascular training equipment market

Extensive research carried out by the analysts at Technavio has shown that the global cardiovascular training equipment market will grow steadily at a CAGR of more than 4% over the forecast period. Cardiovascular exercises not only have positive effects on the overall health but also have a great impact on memory and learning. According to the cardiovascular fitness guidelines from the American College of Sports Medicine, a healthy adult must engage in a moderate-intensity cardiovascular exercise for a minimum of 150 minutes each week. These exercises strengthen the heart, increase the number of red blood cells, reduce the amount of carbohydrates in muscles, and enhance the overall process of aerobic metabolism. Thus, the advantages of cardiovascular exercises will fuel the demand for cardiovascular training equipment in the coming years.

In this industry research report, the analysts have estimated factors such as the growing popularity of combined formats for group fitness classes will aid in the growth of this market over the predicted period. Consumers are increasingly exhibiting a demand for instructor-led workouts that offer proper training, along with, fun and creative ways to stay fit. As a result, health clubs and fitness studios are increasingly focusing on offering group fitness classes that combine various workout formats to make the exercise regimen more interactive. Therefore, with equipment companies aiming to provide solutions that allow clubs and studios to create a variety of combined formats like cycling and boxing, treadmill running and strength training, and rowing and body-weight training, the market for cardiovascular training equipment will have a positive outlook in the future.

Segmentation by end user and analysis of the cardiovascular training equipment market

• Commercial
• Home
• Health club and gym

During 2015, the health club and gym segment dominated the market and accounted for more than 42% of the market share. The primary reason for the increasing preference for health clubs and gyms is that they have innovative and premium fitness equipment, along with fitness trainers that help in the proper usage of the equipment. Moreover, the increasing disposable income enables people to spend more on fitness, thereby propelling the growth prospects of this market segment until the end of 2020.

Geographical segmentation and analysis of the cardiovascular training equipment

• Americas
• APAC
• Europe
• MEA

During 2015, the Americas dominated the global cardiovascular equipment market and accounted for more than 39% of the market share. Factors such as the rise in healthcare costs and increase in disposable income are expected to spur the growth prospects of this market in the Americas.

Competitive landscape and key vendors

The global cardiovascular training equipment market is highly competitive and fragmented due to the presence of well-established international and regional players in the market. With international players increasing their market presence, regional vendors are finding it increasingly difficult to compete with the larger players in terms of market reach, financial resources, quality, and pricing. The competitive environment in this market is expected to intensify with an increase in product extensions, product innovations, and M&A.

Key vendors in this market are -

• Cybex International
• ICON Health and Fitness
• Nautilus
• Precor
• Technogym

Other prominent vendors in the market include Accell Fitness, Asian Sports & Enterprises, Body Solid, Bullworker Enterprises, Fitness EM, Hudson Aquatic Systems, HydroWorx, Hydro Physio, Johnson Health Tech, Jerai Fitness, Life fitness, Rocky Mountain Fitness, Torque Fitness, and Vibrogym.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global cardiovascular training equipment market?
• What are the key market trends impacting the growth of the global cardiovascular training equipment market?
• What are the challenges to market growth for cardiovascular training equipment?
• Who are the key vendors in the global cardiovascular training equipment market?
• What are the market opportunities and threats faced by the vendors in the global cardiovascular training equipment market?
• Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
• What are the key outcomes of the five forces analysis of the global cardiovascular training equipment market?

Technavio also offers customization on reports based on specific client requirement.

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Cardiovascular training equipment or devices are utilized during physical activity to enhance the strength or conditioning effects of that exercise by providing either a fixed or an adjustable amount of resistance. These devices help to reduce weight, blood pressure, and low-density lipoprotein (LDL) and total cholesterol. Additionally, it also helps to increase the level of high-density lipoproteins (HDL) cholesterol in the body and bolsters insulin sensitivity among end users. 

The report, global cardiovascular training equipment market, is a part of Technavio’s new research areas portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as agricultural equipment, furniture and home furnishing, health and wellness, home kitchen and large appliances, lab equipment, and outdoor gear. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.