Medical Devices

Image

Germany Fitness Equipment Market – Industry Trends and Forecast to 2030

  • Medical Devices
  • Upcoming Report
  • Jul 2023
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Germany Fitness Equipment Market, By Equipment (Cardiovascular, Strength Training, and Others), Distribution Channel (Direct and Indirect), End Use (Home Care, Health Club, Offices, and Others) – Industry Trends and Forecast to 2030.

Germany Fitness Equipment Market Analysis and Size

The fitness equipment market in Germany has witnessed significant growth in recent years, driven by a combination of factors. Increasing health consciousness among individuals, rising disposable incomes, and a growing awareness of the importance of regular exercise have fuelled the demand for fitness equipment nationwide.                                

Data Bridge Market Research analyses that the Germany fitness equipment market, which was USD 315.6 million in 2022, would rocket up to USD 580.99 million by 2030 and is expected to undergo a CAGR of 6.80% during the forecast period. “Cardiovascular” dominates the fitness market's equipment segment because technological advancements have led to the development of innovative and connected cardiovascular equipment. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Germany Fitness Equipment Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Equipment (Cardiovascular, Strength Training, and Others), Distribution Channel (Direct and Indirect), End Use (Home Care, Health Club, Offices, and Others)

Countries Covered

Germany

Market Players Covered

TECHNOGYM S.p.A (Italy), Core Health & Fitness, LLC. (U.S.), Seca, Brunswick Corporation (Germany), ICON Health & Fitness (U.S.), Nautilus, Inc. (U.S.), Omron Healthcare, Inc. (Japan), Cybex International, Inc. (U.S.), Life Fitness (U.S.), Precor Incorporated (U.S.), Schnell Trainigsgerate GmbH (Germany), Johnson Health Tech (Taiwan), TRUE (U.S.), Impulse (Qingdao) Health Technology Co., Ltd. (China)., Amer Sports (Finland), GENERAL ELECTRIC (U.S.), HOIST Fitness Systems (U.S.), JERAI FITNESS PVT LTD. (India), Kettler, Torquo Fitness (Germany), Tunturi New Fitness (U.S.), COSMED srl (Italy) and Tanita Corporation of America, Inc. (U.S.)

Market Opportunities

  • Growth in the deployment of advanced technologies for the development of fitness equipment
  • Increasing corporate wellness programs
  • Rising research and development opportunities

Market Definition

Fitness equipment refers to the equipment that is generally utilized during any physical or fitness-related activities. They help in enhancing strength or improving physical fitness. Generally, the fitness equipment includes various equipment such as free weights, rowing machines, treadmills, weight machines, stationary bikes, elliptical cross tanner, and stair stepper.

Germany Fitness Equipment Market Dynamics

Drivers

  • Increasing health awareness

Growing awareness about the importance of maintaining a healthy lifestyle and physical fitness is a significant market driver. People are becoming more conscious of the benefits of regular exercise and are actively seeking fitness equipment to support their fitness goals.

  • Rising disposable incomes

Increasing disposable incomes enable individuals to invest in fitness equipment for their personal use. As personal incomes rise, people have more purchasing power to buy fitness equipment for home or personal gym setups, contributing to market growth.

  • Integration of health and wellness in corporate culture

Many companies recognize employee well-being's importance and are incorporating health and wellness programs into their corporate culture. This has led to increased demand for fitness equipment for workplace gyms and wellness initiatives as businesses aim to provide convenient fitness options for their employees.

  • Shift towards home fitness

The COVID-19 pandemic has accelerated the trend of home fitness. Gym closures and social distancing measures have prompted many individuals to invest in home fitness equipment. Home fitness solutions' convenience, privacy, and flexibility have driven the demand for fitness equipment and contributed to market growth.  

Opportunities

  • Health and wellness tourism

Germany attracts many health and wellness tourists who seek retreats and destinations focused on fitness and well-being. This presents an opportunity for fitness equipment manufacturers to collaborate with hotels, resorts, and wellness centers to provide state-of-the-art fitness equipment and facilities. By targeting this niche market, manufacturers can establish partnerships to create unique fitness experiences and expand their customer base.

  • Sustainable and eco-friendly solutions

With growing environmental consciousness, there is an increasing demand for sustainable and eco-friendly fitness equipment. Manufacturers can capitalize on this opportunity by developing products made from recycled or renewable materials, integrating energy-saving features, and promoting environmentally conscious practices throughout the product lifecycle. This not only aligns with consumer values but also differentiates the brand in the market.

Restraints

  • High cost of fitness equipment

Fitness equipment, especially high-quality and technologically advanced products, can be expensive. The high cost of fitness equipment can act as a restraint on the market, limiting the affordability and accessibility for some consumers. Price sensitivity can hinder the adoption of fitness equipment, particularly in price-conscious segments of the population.

  • Limited space and infrastructure

Space constraints in residential settings, particularly in urban areas, can be a restraint for the fitness equipment market. Many people have limited space available for setting up home gyms or storing large fitness equipment. Lack of proper infrastructure, such as dedicated workout areas or fitness facilities, can also limit the demand for fitness equipment in certain regions or communities.

Challenges

  • Changing consumer preferences and trends

Consumer preferences and trends in the fitness industry are constantly evolving. As new fitness trends emerge, such as high-intensity interval training (HIIT), functional training, or virtual fitness experiences, the demand for specific types of fitness equipment may fluctuate. Manufacturers need to stay updated with the latest market trends, conduct thorough market research, and anticipate shifts in consumer preferences to adapt their product offerings accordingly. Failing to align with changing consumer demands can result in decreased sales and market share.

  • Intense competition

The fitness equipment market is highly competitive, with numerous players vying for market share. Established brands, as well as new entrants, constantly introduce innovative products and technologies, making it challenging for companies to differentiate themselves and stand out from the competition. Companies must invest in research and development, marketing strategies, and brand building to stay competitive in this dynamic market.

This Germany fitness equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fitness equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In November 2022, Peloton Interactive Inc. partnered with Amazon Inc., United Kingdom, to sell its fitness equipment, such as exercise bikes and other accessories, online through Amazon to boost its demand in the region
  • In July 2022, Sprintex Trainingsgeraete GmbH launched a slat-belt treadmill, the Callis PRO. According to the company, the treadmill has been updated with improved performance features, a new user interface, and new biofeedback data to broaden its portfolio of treadmills for use in motion analysis, sports, and wellness applications.

Germany Fitness Equipment Market Scope

The Germany fitness equipment market is segmented on the basis of equipment, distribution channel and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Equipment

  • Cardiovascular
  • Strength Training
  • Others

Distribution Channel

  • Direct
  • Indirect

End User

  • Home care
  • Health club
  • Offices
  • Others

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The Germany fitness equipment market also provides you with a detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for fitness equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Germany fitness equipment market. The data is available for historic period 2015-2020.

Competitive Landscape and Germany Fitness Equipment Market Share Analysis

The Germany fitness equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Germany fitness equipment market.

Some of the major players operating in the Germany fitness equipment market are:

  • TECHNOGYM S.p.A (Italy)
  • Core Health & Fitness, LLC. (U.S.)
  • Seca, Brunswick Corporation (Germany)
  • ICON Health & Fitness (U.S.)
  • Nautilus, Inc. (U.S.)
  • Omron Healthcare, Inc. (Japan)
  • Cybex International, Inc. (U.S.)
  • Life Fitness (U.S.)
  • Precor Incorporated (U.S.)
  • Schnell Trainigsgerate GmbH (Germany)
  • Johnson Health Tech (Taiwan)
  • TRUE (U.S.)
  • Impulse (Qingdao) Health Technology Co., Ltd. (China)
  • Amer Sports (Finland)
  • GENERAL ELECTRIC (U.S.)
  • HOIST Fitness Systems (U.S.)
  • JERAI FITNESS PVT LTD. (India)
  • Kettler, Torquo Fitness (Germany)
  • Tunturi New Fitness (U.S.)
  • COSMED srl (Italy)
  • Tanita Corporation of America, Inc. (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Germany Fitness Equipment market will be worth USD 580.99 million by 2030
The Germany Fitness Equipment Market Growth Rate is 6.80% during the forecast period
The Integration of health and wellness in corporate culture, Rising disposable incomes, and Increasing health awareness are the Growth Drivers of the Germany Fitness Equipment Market.
The equipment, distribution channel, and end-use are the factors on which the Germany Fitness Equipment Market research is based.
The Sprintex Trainingsgeraete GmbH launched a slat-belt treadmill, the Callis PRO. According to the company, the treadmill has been updated with improved performance features, a new user interface, and new biofeedback data to broaden its portfolio of treadmills for use in motion analysis, sports, and wellness applications are the latest developments in the Germany Fitness Equipment Market.
Free Sample Report

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials