Global Treadmill Ergometer Market to reach USD 4.14 billion by 2027.Global Treadmill Ergometer Market is valued approximately USD 2.90 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2021-2027. Increasing demand of electric exercise equipment and increasing prevalence of cardiovascular and heart illnesses worldwide are factors contributing to the market growth. For instance: according to National Cancer Institute, the number of cancer patients is expected to rise to 29.5 million cases, by the year 2040 from 18.1 million cases, in the year 2018. Thus, an increased acceptance of cardiac fitness among the younger growth is attributed in an increase in demand for treadmill ergometers, which is projected to increase in the near future. However, increased competition from existing and new industries and increasing demand towards natural exercise activities such as aerobics, yoga, and Zumba impedes the growth of the market over the forecast period of 2021-2027. Also, increasing advancements in technology, increased work-life pressure and increasing demand from the fitness and healthcare industries is likely to increase the growth of the market in the forecasting period.
The regional analysis of global Treadmill Ergometer market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation, North America is a significant region in terms of market share across the world owing to increasing awareness towards healthy lifestyle. Whereas, Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as increasing number of well-established health industries would create lucrative growth prospects for the Treadmill Ergometer market across Asia Pacific region.
Major market player included in this report are:
Enraf-Nonius
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
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Fitness Clubs
Medical Centres
By End User:
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Treadmill Ergometer Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors