The revenue of the fitness center industry in Norway increased slightly in the later reported years. It grew from almost *** billion Norwegian kroner in 2012 to more than *** billion Norwegian kroner in 2016.

In 2022, China's fitness market reached approximately *** billion yuan, nearly doubling since 2016. That year, online fitness accounted for **** percent of the entire fitness market.

In 2020, the worldwide fitness equipment market was valued at just over **** billion U.S. dollars, which was a decrease of over ************** billion compared to the previous year. This drop was likely caused by the impact of the coronavirus (COVID-19) pandemic. In the coming years, however, the market is set to recuperate and by 2028, the global fitness equipment market is projected to reach an estimated market value of ***** billion U.S. dollars.

Key Fitness App StatisticsTop Fitness AppsHealth & Fitness App Market LandscapeFitness App RevenueFitness Revenue by AppFitness App UsersFitness App Market ShareFitness App DownloadsTracking...

The statistic shows fitness tracker device revenue worldwide from 2016 to 2022. Revenue from fitness tracker device sales are forecast to amount to around **** billion U.S. dollars by 2018.

In 2024, the Malaysian gym and fitness equipment market decreased by -8.1% to $117M, falling for the third consecutive year after three years of growth. Over the period under review, consumption recorded a slight slump. The pace of growth appeared the most rapid in 2016 when the market value increased by 9.4%. Gym and fitness equipment consumption peaked at $166M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

In 2022, online fitness represented approximately **** percent of China's total fitness market. This sector has experienced rapid growth and is projected to account for over ** percent of the market by 2027.

Snapshot img { margin: 10px !important; } Overview of the cardiovascular training equipment marketExtensive 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 marketCommercial Home Health club and gymDuring 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 equipmentAmericas APAC Europe MEADuring 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 vendorsThe 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 TechnogymOther 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 includeWhat 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.Related reportsGlobal Exercise Ball Market 2016-2020 Global Exercise Bike Market 2016-2020 Yoga and Exercise Mats Market in North America 2016-2020 Global Pedometer Market 2015-2019Cardiovascular training equipment or devices are utilized during physical activity to enhance the strength or conditioning effects of that exercise by providing

This statistic displays the number of fitness clubs of the leading European operators in 2016. In 2016, there were *** Basic Fit fitness clubs operating. The revenue of the health club industry amounted to a value of around *** billion U.S. dollars in the UK in 2015. Further information on the fitness industry in the UK can be found in the Dossier: Fitness industry in the United Kingdom.

In 2022, the online sports and fitness market in China reached a size of ***** billion yuan, accounting for over ** percent of the country's total fitness market. This segment has experienced significant growth in recent years, driven by the increasing use of smartphones and the effects of the COVID-19 pandemic.

In 2020, the global cardiovascular fitness equipment market was valued at roughly 5.1 billion U.S. dollars. This figure is expected to increase by more than three billion U.S. dollars by 2028. Within the global fitness equipment market, which is expected to be worth more than 14 billion U.S. dollars in 2028, cardiovascular fitness equipment makes up the most valuable product category.

Snapshot img { margin: 10px !important; } Overview of the badminton equipment market

According to the analysts at Technavio, the badminton equipment market is envisaged to grow steadily at a moderate CAGR of more than 2% over the forecast period. One of the most important factors driving the growth of this market is the rising interest in badminton among children aged between 5 and 12 years. This has led to several schools and colleges providing their students with the required training for badminton and encouraging them to participate in events and tournaments. For instance, the American Badminton Center drives an initiative to promote the sport in Dallas and its suburbs. The increasing commercialization of badminton in many countries through advertisements, promotional campaigns, and digital marketing has further encouraged parents to enroll their children in badminton training facilities, thereby contributing to this market’s growth in the coming years.

In this industry research study, the analysts have estimated factors such as increasing popularity of online retail platforms to bolster this market’s growth over the forecast period. Although brick and mortar retail stores remain the primary channel for the sale of badminton equipment, online retailing is anticipated to experience rapid growth during the predicted period. Quick delivery services and competitive prices are the major factors for the growth of online retailing around the world. The increasing Internet penetration and growing consumer base of Internet sales, along with faster-shipping services and changing demands of consumers, will play a significant role in the growth of this market over the next four years.

Segmentation by retail formats and analysis of the badminton equipment market

Specialty and sports stores
Department and discount stores
Online retail

The specialty and sports stores dominated the global badminton equipment market and accounted for more than 46% of the market share in terms of revenue. Exclusive YONEX and Li-Ning stores are examples of specialty and sports shops.

Geographical segmentation and analysis of the badminton equipment market

Americas
APAC
Europe
MEA

In terms of geography, the APAC region led the global badminton equipment market and is expected to reach more than USD 556 million by 2020. APAC is home to some of the most successful badminton players in the world. This has led the population of India, China, South Korea, Malaysia, and Indonesia to become avid followers of the sport. Moreover, these countries are well-known across the globe as organizers of some of the major badminton matches and tournaments. Also, all of these countries host their badminton leagues and championships, which has helped this market to grow manifold in the past few years.

Competitive landscape and key vendors

The global badminton equipment market is consolidated with the presence of a few leading vendors in the market. Intense competition between these companies necessitates the development and introduction of many advanced products in the market. The intense competition among the key players and introduction of many advanced products in the market prevent the entry of new vendors in the market.

Key vendors in this market are -

Ashaway
Babolat
Li-Ning
Sports Direct
YONEX

Other prominent vendors in the market include Amer Sports, ASICS, Bedini, Dunlop Sports Group Americas, PACIFIC, Pointfore, ProKennex, RUBY GLAMOUR, Tatt Seng Sporting Goods, Tecnifibre, and Trump Sports.

Key questions answered in the report include

What will the global badminton equipment market size and the growth rate be in 2020?
What are the key factors driving the global badminton equipment market?
What are the key market trends impacting the growth of the global badminton equipment market?
What are the challenges to market growth for the global badminton equipment market?
Who are the key vendors in the global badminton equipment market?
What are the market opportunities and threats faced by the vendors in the global badminton 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 badminton equipment market?

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

Related reports:

Global Fitness Equipment Market 2016-2020
Global Sports Equipment Market 2016-2020
Global Sports and Energy Drinks Market 2015-2019
Global Sports Protective Equipment Market 2016-2020

The global wearable medical device industry size is likely to generate sales amounting to USD 38.5 billion in 2024. Over the assessment period from 2024 to 2034, the wearable medical device market CAGR is projected to expand to 8.2%, culminating in a market size of USD 84.8 billion by the end of 2034.

Attributes	Description
Estimated Global Wearable Medical Device Market Size (2024E)	USD 38.5 billion
Projected Global Wearable Medical Device Market Value (2034F)	USD 84.8 billion
Value-based CAGR (2024 to 2034)	8.2%

Country-wise Insights

Countries	CAGR 2024 to 2034
India	18.4%
Singapore	13.1%
France	8%
United Kingdom	7.8%
United States	6.5%

Category-Wise Insights

Segment	Home Healthcare (Application)
Value Share (2024)	63%

Segment	Wearable Therapeutic Medical Device (Product)
Value Share (2024)	55%

In 2024, the Greek exercise book market increased by 1% to $20M, rising for the fourth consecutive year after two years of decline. In general, consumption, however, saw a mild setback. As a result, consumption attained the peak level of $32M. From 2016 to 2024, the growth of the market remained at a lower figure.

Snapshot img { margin: 10px !important; } Overview of the global biosensor market for non-clinical applicationsThe global biosensor market for non-clinical applications is anticipated to witness impressive growth and will post a staggering CAGR of more than 11% over the forecast period. Nanotechnology is an emerging technology that involves the study, creation, manipulation, and use of materials, devices, and systems with dimensions lesser than 100 nm. It also plays a crucial role in the development of biosensors. Nanomaterials not only help introduce several new signal transduction technologies in biosensors but also improve the sensitivity and performance of biosensors. The development of nanotech has resulted in an increase in the applications of nanomaterials in biosensors to a large extent. For example, nanomaterials-based biosensors can significantly increase the sensitivity and specificity of biomolecule detection, detect and manipulate atoms and molecules, and also show potential in applications such as biomolecular recognition, pathogenic diagnosis, and environment monitoring. Moreover, various kinds of nanomaterials, including carbon nanotubes, gold nanoparticles, and quantum dots are being increasingly used in biosensors due to their unique chemical, physical, mechanical, magnetic, and optical properties. The is anticipated to result in the manufacturing of better and more efficient biosensors, leading to their augmented adoption in the coming years.The integration of biosensors with social networks is one of the significant trends driving this market’s growth during the predicted period. Health and other fitness-related statistics obtained with the help of biosensors become more relevant when the data can be compared with those of others. The Biogram app, which was launched in 2015, allows users to stamp their heart rate data on photos before sharing them on Instagram. Similar options are available for different types of fitness wearables that enable users to measure and compare their vital statistics to those of their peers and friends. Moreover, social network-based biosensors help patients keep a track of their daily drug dosage patterns. When a user gets in contact with a pill bottle, the biosensor patch on the bottle sends a signal to the user’s phone, which stores the data in the cloud. This data can be used by healthcare professionals to monitor the health of their patients, and is likely to revolutionize the overall healthcare market in the near future.Segmentation by technology and analysis of the biosensors market for non-clinical applicationsMilitary and defense Food and beverage Environment monitoring HealthcareDuring 2015, the healthcare sector dominated the market and accounted for more than 44% of the market share in terms of revenue. The rising occurrence of lifestyle-related diseases and increasing health awareness among different types of consumers such as athletes, IT professionals, and old-age people will drive this segment’s growth over the next four years.Geographical segmentation and analysis of the biosensors market for non-clinical applicationsAPAC Europe North America ROWIn terms of geography, North America dominated the market and is expected to reach more than USD 4 billion by 2020. North America has always been a pioneer in the adoption of new technologies and their implementation for a wide array of applications. Moreover, this region is home to a large number of notable OEMs for fitness trackers and wearables such as Apple, FitBit, Motorola, Jawbone, and Nike. These factors will contribute to the expansion of this market in North Americas until the end of 2020.Competitive landscape and key vendorsThe global biosensors market for non-clinical applications is highly competitive owing to the presence of a large number of well-established vendors. The market is attracting several new companies due to the rapid adoption and increasing demand of biosensors for various applications. Players in the market are constantly looking for ways to enhance their market presence by focusing on the implementation of various new technology and M&A activities.Key vendors in this market are -Biosensor Applications DuPont Remedios Smiths DetectionOther prominent vendors in the market are 3M, Abbott Laboratories, Analog Devices, Bayer Healthcare Beckman Coulter, Becton, Dickinson and Company, Biacore International, Bio-Rad Laboratories, Biosensors International Group, Cambridge Life Sciences, DSM Biomedical, EMD Millipore, LifeScan, Nova Biomedical, Roche, and Siemens.Key questions answered in the report includeWhat will the market size and the growth rate be in 2020? What are the key factors driving the global biosensors market for non-clinical applications? What are the key market trends impacting the growth of the global biosensors market for non-clinical applications? What are the challenges to market growth? Who are the key vendors in the global biosensors market for non-cli

China's multi-billion-dollar fitness market has been thriving along with a rising health awareness among Chinese consumers. In 2019, the health club industry in the top ten cities in mainland China generated almost **** billion U.S. dollars, which was nearly double the figure in the whole mainland China in 2016. However, the average health club member penetration rate in the country was among the lowest group across the globe.

The Iraqi exercise book market surged to $8.9M in 2024, growing by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate prominent growth. Exercise book consumption peaked at $12M in 2015; however, from 2016 to 2024, consumption failed to regain momentum.

In 2024, after two years of growth, there was significant decline in the Angolan exercise book market, when its value decreased by -41% to $3.6M. Overall, consumption recorded a noticeable decrease. Exercise book consumption peaked at $23M in 2015; however, from 2016 to 2024, consumption remained at a lower figure.

Snapshot img { margin: 10px !important; } Global yoga apparel market overview

Hectic work schedules and the increasing health issues are influencing people across the globe to start exercising by engaging in various activities. There is also a sizeable increase in health issues such as diabetes, high cholesterol, and obesity around the world. The rising obese population that demands the need for physical inactivity coupled with the awareness on the intake of high cholesterol and saturated fats will influence the demand for yoga and fitness apparel.This market research analysis identifies the growing preference for healthy and fit lifestyle as one of the primary growth factors for this market. The increasing awareness of the importance of being healthy and fit is triggering the demand for fitness and yoga apparel. Market research analysts at Technavio predict that the global yoga apparel market size will grow steadily during the forecast period and post a CAGR of more than 3% by 2021.

This market research report identifies the growth in organized retail as one of the key yoga apparel market trends behind the growth of this market. The yoga apparel is sold through several distribution channels. Fitness apparel sold through the organized retail sector contributes to the maximum sale of new units of yoga apparel. With the specialty stores, mono brand stores, and department stores, hypermarkets, and supermarkets, increasingly contributing to the sales of yoga apparel, the focus of major retailers towards expanding their operational facilities will significantly fuel the growth of the yoga apparel market. One of the major retail chains Target, has already opened four new department stores in the US. Similarly, Stein Mart has also announced plans to open more than 10 new stores in North America by the end of 2017.

Competitive landscape and key vendors

The yoga apparel market is fragmented with the presence of multiple vendors who focus more on business expansions to capture more market shares. The vendors usually compete on factors such as price, quality, and brand. To capture a sizeable portion of the market and increase their revenue shares, the vendors in the market follow effective strategies such as M&A activities and increased R&D investments. The yoga apparel industry is dominated by the vendors that have strong financial resources and this is inducing the emerging vendors to take innovative measures to increase their visibility.

The leading vendors in the market are -

Adidas
Manduka
Nike
Puma
Under Armour
VF Corporation

The other prominent vendors in the market are Amer Sports, ASICS America Corporation, Columbia Sportswear, Eddie Bauer, Everlast Worldwide, Hanesbrands, HuggerMugger, La Vie Boheme Yoga, and YogaDirect.

Segmentation by product type and analysis of the yoga apparel market

Bottom Wear
Top Wear

During 2016, the top wear segment accounted for the major shares and dominated the yoga apparel market. The yoga tops are made of materials including spandex and nylon to provide comfort to the wearer and come with a racerback for extra comfort. Factors such as the use of comfortable material while providing support and allowing movement will contribute to the growth of this market segment in the coming years.

Segmentation by gender and analysis of the yoga apparel market

Women’s Yoga Apparel
Men’s Yoga Apparel

During 2016, the women’s yoga apparel segment accounted for the major shares and dominated the market, according to the global yoga apparel industry statistics report. Factors such as increase in the population of working women and the rise in number of health and fitness conscious women will drive the market’s growth in this segment. The desire to look slim and fit and the increasing number of obese women is influencing vendors to update their product lines to integrate their fitness products with new styles and designs.

Key questions answered in the report include

What will the yoga apparel market size and the growth rate be in 2021?
What are the key factors driving the global yoga apparel market?
What are the key yoga apparel market trends impacting the growth?
What are the challenges to the yoga apparel market growth?
Who are the key vendors in the global yoga apparel market?
What are the market opportunities and threats faced by the vendors in the global yoga apparel market?
Trending factors influencing the yoga apparel market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global yoga apparel market? 

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

In 2022, online fitness foods represented over ** percent of China's online fitness market, while online fitness classes and memberships constituted less than *** percent.