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.