North American fitness equipment market, 2016 - 2024 North America Fitness Equipment Market Forecast | Page 4
Cardiovascular Equipment market segment generated the
highest revenue of $2.5 billion in 2016
The cardiovascular equipment market is anticipated to dominate globally
with a CAGR of 3% from 2017 to 2024. Latest cardiovascular devices are
improvised with body vital trackers and various software applications
which can be connected to the smartphones or handheld devices of the
consumer. Moreover, a rising concern of weight-loss and trend of lean
body figure is boosting the fitness equipment market demand. Roughly
two out of every three adults in U.S. are obese which has led the market
to boom in the region. Treadmill market generated the highest revenue of
$1.09 billion in 2016 owing to its easy operation and high demand.