North America Stationary Cycle Market is Expected to Reach $246.6 Million by 2019, at a CAGR of 4.6% From 2014 to 2019
The North America stationary cycle market was valued at $194.3 million in 2014 and is estimated to grow to $246.6 million by 2019, at a CAGR of 4.6% during the forecast period of 2014 to 2019.
ASIA, March 9, 2015 (Newswire.com) - A stationary cycle is used as equipment for exercise, to increase general fitness and train for cycling events. The equipment is often called as exercise bicycle, exercise bike, or Exercycle. 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.
Key Players in the North America stationary cycle are Bladez Fitness (U.S.), Nautilus, Inc. (U.S.), Life Fitness, Inc. (U.S.), Advanced Group Fitness (U.S.), Cybex International, Inc. (U.S.), and others.
The North America stationary cycle market was valued at $194.3 million in 2014 and is estimated to grow to $246.6 million by 2019, at a CAGR of 4.6% during the forecast period of 2014 to 2019.
The North America stationary cycle market is in its growing phase due to various factors, such as growing health and fitness consciousness among the North American population, the increase in prevalence of obesity, increasing number of diabetes and cardiac patients, increasing personal
disposable incomes, and government initiatives to increase health and fitness awareness acrossthe region.
The exponential increase in health consciousness among consumers provides astarting point to understand the recent growth in the fitness industry. The high prevalence of
obesity and its association with heart disease have driven many people towards healthier dietsand increased exercise.
The incidence rate of diabetes is also a significant factor for the fitness
regime.Emergence of new distribution channels, increasing health club (fitness centers) chains, and introduction of innovative products in the stationary cycle market is further driving the growth of the North America stationary cycle market.
According to a recent survey, obesity has more
morbidity than smoking or alcoholism, and is expected to be the leading cause of preventable deaths in the U.S. However, weight loss can help in the prevention and treatment of cardiovascular diseases, and also improve insulin sensitivity.
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