Treadmill Ergometer Market

Treadmill Ergometer Market

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Debadatta

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Debadatta Patel

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PARTHA PAUL

Aman

Editor:

Aman Singh

The Global Treadmill Ergometer Market size was valued at USD 3.14 Billion in 2022 and is expected to surpass USD 4.96 Billion by 2031, expanding at a CAGR of 5.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing adoption of sports and fitness related activities.

A treadmill is a fitness equipment, which allows the user to carry out physical activities such as walking and running while staying at the same place. However, an ergometer is a device that monitors muscle exertion or keeps a track of the amount of exercise being done. Moreover, they provide information about the distance covered, calories burned, and heart rate during the exercise.

Treadmill Ergometer Market Outlook

Thus, a treadmill ergometer is a treadmill equipment integrated with an ergometer device, which monitors the exercise done while using the treadmill.

Rising prevalence of cardiovascular diseases among the younger population has boosted the adoption of cardio exercises, which is expected to spur the demand for treadmill ergometers in the foreseeable future. For instance, staircase treadmills are increasingly being adopted owing to their cardiovascular benefits. Moreover, treadmill ergometer has become a part of the general training procedure in physiotherapy.

Treadmill ergometer has been increasingly adopted for home exercises. Introduction of smart treadmills that allows Internet connectivity and which collects and stores data for the analysis has positively impacted the growth of the market.

Market Drivers, Restraints, Trends, and Opportunities

  • Increasing demand for real-time tracking of fitness and athletic performance is projected to spur the market growth.

  • Rising demand for fitness equipment infused with latest technology that improves performance and convenience is anticipated to positively impact the demand for treadmill ergometers.

  • Increasing investment in the product development is projected to spur the market growth.

  • Increasing adoption of electric gym equipment is the prime factor driving the market growth.

  • Growing concern of people toward health and fitness and the desire to have accurate records of their physical activities are projected to drive the market growth during the forecast period.

  • Rising preference for natural fitness activities such as aerobics, yoga, and zumba instead of visually-aid methods is projected to restrain the growth of the market during the forecast period.

Scope of Treadmill Ergometer Market Report

The report on the global treadmill ergometer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Treadmill Ergometer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Applications (Fitness Clubs and Medical Centers), End-users (Commercial and Residential)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

BODYCRAFT, Ergoline GmbH, h/p cosmos sports & medical GmbH, Life Fitness, TECHNOGYM S.p.A, ICON Health & Fitness, Amer Sports, Johnson Fitness & Wellness, Cybex International, Inc. and Enraf-Nonius.

Global Treadmill Ergometer Market Segment Insights

Fitness clubs segment accounts for a large market share

On the basis of applications, the market is segmented into fitness clubs and medical centers. The fitness clubs segment accounted for a large share of the market in 2020, in terms of revenue. Increasing adoption of sports and fitness related activities in daily routine is spurring the growth of the segment.

The medical centers segment is anticipated to register a substantial CAGR during the forecast period. Rising incidence of cardiovascular diseases and high blood pressure levels in younger population is anticipated to encourage medical centers to include cardio training for patients suffering from these health conditions, which in turn, is stimulating the growth of the market segment.

Treadmill Ergometer Market Applications

Commercial segment is projected to account for a considerable market share

Based on end-users, the market is classified into commercial and residential. The commercial segment is anticipated to grow at a healthy rate owing to increasing awareness among consumers regarding the importance of fitness. Furthermore, rising number of commercial health spaces such as gyms, sports, and fitness clubs across the world is anticipated to positively impact the growth of the market.

The residential segment is expected to witness a substantial CAGR during the forecast period. Rising adoption of treadmill ergometers owing to high work pressure and hectic lifestyle of consumers is anticipated to spur the growth of this segment.

Treadmill Ergometer Market End Users

The market in North America is anticipated to grow at a rapid rate

In terms of regions, the market is classified into Asia Pacific, North America, Latin America, Europe and Middle East & Africa. North America is anticipated to account for a large market share owing to the presence of major industry players in countries such as the US and Canada. Moreover, consumers are increasingly investing in convenient fitness equipment owing to the inclination toward healthy lifestyle.

The market in Asia Pacific is projected to witness an impressive growth rate owing to the rising adoption of fitness activities in the region. Furthermore, increasing disposable income of consumers along with their inclination toward investing in health and fitness equipment is projected to spur the market growth in this region.

Treadmill Ergometer Market Regions

Segments

Applications

  • Fitness Clubs
  • Medical Centers

End-users

  • Commercial
  • Residential

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Some of the leading manufacturers in the global treadmill ergometer market are BODYCRAFT, Ergoline GmbH, h/p cosmos sports & medical GmbH, Life Fitness, TECHNOGYM S.p.A, ICON Health & Fitness, Amer Sports, Johnson Fitness & Wellness, Cybex International, Inc. and Enraf-Nonius.

Companies are focusing on product innovation to improve their product offerings to acquire a major market share. In 2019, BODYCRAFT announced the launch of TD250 Treadmill, which includes folding feature and can be converted into a tread desk. It is mainly designed for small spaced apartments.

Treadmill Ergometer Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Treadmill Ergometer Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Treadmill Ergometer Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Treadmill Ergometer Market - Supply Chain
  4.5. Global Treadmill Ergometer Market Forecast
     4.5.1. Treadmill Ergometer Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Treadmill Ergometer Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Treadmill Ergometer Market Absolute $ Opportunity
5. Global Treadmill Ergometer Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Treadmill Ergometer Market Size and Volume Forecast by Applications
     5.3.1. Fitness Clubs
     5.3.2. Medical Centers
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Treadmill Ergometer Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Treadmill Ergometer Market Size and Volume Forecast by End Users
     6.3.1. Commercial
     6.3.2. Residential
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Treadmill Ergometer Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Treadmill Ergometer Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Treadmill Ergometer Demand Share Forecast, 2019-2026
8. North America Treadmill Ergometer Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Treadmill Ergometer Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Treadmill Ergometer Market Size and Volume Forecast by Applications
     8.4.1. Fitness Clubs
     8.4.2. Medical Centers
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Treadmill Ergometer Market Size and Volume Forecast by End Users
     8.7.1. Commercial
     8.7.2. Residential
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Treadmill Ergometer Demand Share Forecast, 2019-2026
9. Latin America Treadmill Ergometer Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Treadmill Ergometer Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Treadmill Ergometer Market Size and Volume Forecast by Applications
     9.4.1. Fitness Clubs
     9.4.2. Medical Centers
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Treadmill Ergometer Market Size and Volume Forecast by End Users
     9.7.1. Commercial
     9.7.2. Residential
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Treadmill Ergometer Demand Share Forecast, 2019-2026
10. Europe Treadmill Ergometer Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Treadmill Ergometer Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Treadmill Ergometer Market Size and Volume Forecast by Applications
     10.4.1. Fitness Clubs
     10.4.2. Medical Centers
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Treadmill Ergometer Market Size and Volume Forecast by End Users
     10.7.1. Commercial
     10.7.2. Residential
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Treadmill Ergometer Demand Share Forecast, 2019-2026
11. Asia Pacific Treadmill Ergometer Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Treadmill Ergometer Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Treadmill Ergometer Market Size and Volume Forecast by Applications
     11.4.1. Fitness Clubs
     11.4.2. Medical Centers
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Treadmill Ergometer Market Size and Volume Forecast by End Users
     11.7.1. Commercial
     11.7.2. Residential
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Treadmill Ergometer Demand Share Forecast, 2019-2026
12. Middle East & Africa Treadmill Ergometer Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Treadmill Ergometer Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Treadmill Ergometer Market Size and Volume Forecast by Applications
     12.4.1. Fitness Clubs
     12.4.2. Medical Centers
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Treadmill Ergometer Market Size and Volume Forecast by End Users
     12.7.1. Commercial
     12.7.2. Residential
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Treadmill Ergometer Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Treadmill Ergometer Market: Market Share Analysis
  13.2. Treadmill Ergometer Distributors and Customers
  13.3. Treadmill Ergometer Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. BODYCRAFT
     13.4.2. Ergoline GmbH
     13.4.3. h/p cosmos sports & medical GmbH
     13.4.4. Life Fitness
     13.4.5. TECHNOGYM S.p.A
     13.4.6. ICON Health & Fitness
     13.4.7. Amer Sports
     13.4.8. Johnson Fitness & Wellness
     13.4.9. Cybex International, Inc.
     13.4.10. Enraf-Nonius

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