North American fitness equipment market, 2016 - 2024 North America Fitness Equipment Market Forecast | Page 5

The U.S Health Club fitness equipment market segment
held nearly 85.4% of the total health club equipment
market share in 2016.
The U.S. health club fitness equipment market segment garnered a
revenue of $1.319 billion in 2016 and is expected to grow with the
highest CAGR of 2.0 % during the forecast period. The U.S health club
equipment market is anticipated to dominate the North American
fitness equipment market throughout the forecast period of 2017-2024
as a result of increasing health club memberships in the country.
According to a study, the total number of health club memberships in
the US were accounted as 30.8 million in 2000 and got increased by
roughly 75% to 57.25 million in 2016, resulting in a drastic growth for
the fitness equipment industry in the region.