The North America Stationary Cycle Market is Estimated to Reach $246.6 Million by 2019 - A Report by MicroMarket Monitor
(PRWEB) March 02, 2015 -- The North America stationary cycle market was valued at $194.3 million in 2014 and is estimated to grow to $246.6 million by 2019, at a CAGR of 4.6% during the forecast period of 2014 to 2019.
Browse through the TOC of North America stationary cycle market for an analysis of industry trends, segment for an analysis of industry trends, segments & forecasts.
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A stationary cycle is used as equipment for exercise, to increase general fitness and train for cycling events. The equipment is often called as exercise bicycle, exercise bike, or Exercycle. The exercise bike has long been used for physical therapy, as it provides safe and effective cardiovascular exercise, and is considered as a low-impact workout device.
The North America stationary cycle market is in its growing phase due to various factors, such as growing health and fitness consciousness among the North American population, the increase in prevalence of obesity, increasing number of diabetes and cardiac patients, increasing personal disposable incomes, and government initiatives to increase health and fitness awareness across the region. The exponential increase in health consciousness among consumers provides a starting point to understand the recent growth in the fitness industry. The high prevalence of obesity and its association with heart disease have driven many people towards healthier diets and increased exercise. The incidence rate of diabetes is also a significant factor for the fitness regime.
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Emergence of new distribution channels, increasing health club (fitness centers) chains, and introduction of innovative products in the stationary cycle market is further driving the growth of the North America stationary cycle market. According to a recent survey, obesity has more morbidity than smoking or alcoholism, and is expected to be the leading cause of preventable deaths in the U.S. However, weight loss can help in the prevention and treatment of cardiovascular diseases, and also improve insulin sensitivity.
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Recumbent and upright cycles are the main types of stationary cycles in North America; while on the basis of pricing, stationary cycles in the region are categorized as premium and budget stationary cycles. They major end-users are health clubs, vertical markets (hotels, building segment, corporate, colleges & universities, and hospitals) and the home fitness segment. The North America stationary cycle market is further segmented and forecast on the basis of major countries, the U.S. and Canada.
Related Report:
European Stationary cycles
The major drivers of the European stationary cycle market include the increasing number of diabetes and cardiac patients; increasing personal disposable incomes; and government initiatives to increase health and fitness awareness. For instance, in Italy, the government issued a plan for the prevention of obesity. The plan includes actions such as breastfeeding promotion, eating habits improvement, enhancing physical activity at schools and workplaces, and promotion and facilitation of physical activity in the urban areas.
http://www.micromarketmonitor.com/market/europe-stationary-cycles-4910196113.html
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