The Global Stationary Cycle Market is Expected to Reach $546.56 Million by 2018 - A Report by MicroMarket Monitor
(PRWEB) January 20, 2015 -- A stationary cycle is used as equipment for exercise, to increase general fitness and train for cycling events. The equipment is often referred to as exercise bicycle, exercise bike, or exercise. 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 global stationary cycle market was valued at $417.35 million in 2013, and is estimated to grow to $546.56 million by 2018, at a CAGR of 4.60% from 2013 to 2018.
Browse through the TOC of The Global Stationary Cycle Market for an analysis of industry trends and segments, with the help of various tables and figures.
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The global stationary cycle market is expected to witness high growth in the coming years, due to factors, such as growing health and fitness consciousness among people, increasing prevalence of obesity, rising number of diabetic and cardiac patients, increasing personal disposable income that enables increased healthcare expenditure by an individual, and rising government initiatives to increase health and fitness awareness. High prevalence of obesity and diabetes, and its association with heart disease has driven many people towards healthier diets and increased exercise. This has led to growth in the demand for home fitness units like the stationary cycle, thereby driving the stationary cycle market globally.
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Other factors, such as the increasing number of health club (fitness centers) chains, and introduction of innovative products in the stationary cycle market arefurther driving the growth of the global stationary cycle market. Obesity has a higher mortality rate than smoking or alcoholism in the U.S., and is expected to be the leading cause of deaths in the country in near future. However, weight loss can help in the prevention and treatment of obesity, along with several cardiovascular diseases, and also help improve insulin sensitivity. In many of the developed and developing nations, various initiatives are being taken by their governments, like raising funds and arranging conferences, to increase awareness about maintaining health and fitness among the population of these countries. This has further propelled the growth in the stationary cycle market globally.
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This market is segmented and forecast on the basis of types and pricing of the of global stationary cycle market. The types segment comprises recumbent and upright cycles. Products, on the basis of pricing, are segmented as premium and budget stationary cycles. The major end-users of the stationary cycle market are health clubs, vertical markets (hotels, building segment, corporate, colleges & universities, and hospitals) and home fitness. The global stationary cycle market is further segmented and forecast on the basis of major geographies, such as North America, Europe, and Asia.
Related Reports:
Global Fitness equipment Market
Fitness equipment and Weight Loss Surgical equipment, Global Weight Loss Diet Market: Food, Beverages And Supplements and Weight Loss Services Market adds up to total Weight Loss & Obesity Management market.
Fitness equipment can be segmented by MacroIndicators, Geographies and Submarkets. MacroIndicators of this market are Healthcare Expenditure. Geographies of this market are North America, Europe, Asia and Rest of World. Submarkets of this market are Cardiovascular training equipment, Strength training equipment, Body composition analyzers and Fitness monitoring equipment.
http://www.micromarketmonitor.com/market-report/fitness-equipment-reports-3496883396.html
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