Yahoo Finance Global Ergometer Market to Hit $2.30 Billion by 2030 at 7.2% CAGR: Allied Market Research
Rise in health concerns and population of obese people, surge in government initiatives to promote healthy lifestyle, and increase in number of gyms and fitness clubs drive the growth of the global ergometer market. The market across North America held the lion’s share in 2020, accounting for nearly two-fifths of the market. The outbreak of Covid-19 led to closure of manufacturing facilities, which created a huge gap in demand-supply of ergometers.
Portland, OR, Aug. 05, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global ergometer market generated $1.04 billion in 2020, and is expected to reach $2.30 billion by 2030, growing at a CAGR of 7.2% from 2021 to 2030.
Rise in health concerns and population of obese people, surge in government initiatives to promote healthy lifestyle, and increase in number of gyms and fitness clubs drive the growth of the global ergometer market. However, high cost of ergometers hinders the market growth. On the contrary, rise in disposable income and purchasing power across emerging economies and rise in young population in developing countries are expected to open new opportunities for the market players in the future.
Get detailed COVID-19 impact analysis on the Ergometer Market @ https://www.alliedmarketresearch.com/request-for-customization/12854?reqfor=covid
Covid-19 scenario:
The outbreak of Covid-19 led to closure of manufacturing facilities, which created a huge gap in demand-supply of ergometers. Moreover, restrictions imposed by the government and lack of workforce hampered the market.
China has been the global manufacturing hub due to availability of raw materials and workforce. However, the restrictions on import and export in the country negatively affected the market.
The report segments the global ergometer market on the basis of type, end user, sales channel, and region.
Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/12854
Based on type, the ergometer treadmills segment held the largest share in 2020, accounting for more than one-third of the market. However, the ergometer rowing segment is estimated to register the highest CAGR of 9.2% during the forecast period.
On the basis of end user, the hospitals and private clinics segment dominated the market in terms of revenue in 2020, contributing to more than three-fifths of the market. However, the home consumers segment is projected to portray the highest CAGR of 9.6% from 2021 to 2030.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/purchase-enquiry/12854
The global ergometer market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for nearly two-fifths of the market. However, the market across Asia-Pacific is expected to register the highest CAGR of 9.9% from 2021 to 2030.
The global ergometer market report includes an in-depth analysis of the prime market players such as Aspel SA, Emotion Fitness GmbH & Co. Kg, CORTEX Biophysik GmbH, Ergoline GmbH, Ergo-fit, Lode BV The Netherlands, HealthCare International, Schiller Monark Exercise AB, and TECHNOGYM S.P.A.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
CONTACT: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141 International: +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com
