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According to the latest report by IMARC Group, titled “Lateral Fitness Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global lateral fitness equipment market size reached US$ 5.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2027, exhibiting a growth rate (CAGR) of 10.07% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Lateral fitness equipment are embedded with a smooth 3D motion that goes from a vertical elliptic stepping to an active side-to-side motion for functional exercise. They challenge the entire body for enhanced conditioning and more useful results. Lateral fitness equipment aid in burning more calories, achieving a faster heart rate, providing operational challenges, strengthening and protecting the knees, etc., compared to the traditional standing devices. They also target hips, glutes, inner and outer thighs, etc., and are widely utilized by individuals recovering from an injury or training. As a result, lateral fitness equipment find widespread applications in gyms, households, therapeutic hospitals, hotels, and corporate offices.
Lateral Fitness Equipment Market Trends and Drivers:
The escalating prevalence of arthritis, diabetes, and cardiovascular diseases across the globe and the growing health consciousness among individuals are primarily driving the lateral fitness equipment market. Besides this, the elevating requirement for these machines as they prevent injury and add a variety to the workout routine is further augmenting the market growth. Moreover, the introduction of technologically advanced lateral fitness equipment that are incorporated with a global positioning system (GPS), pedometer, heart rate monitor, and smartphone apps to observe the workout is also catalyzing the global market. Apart from this, the increasing number of people enrolling in online wellness classes, owing to the inflating penetration of the high-speed internet and the strong influence of social media platforms, is expected to bolster the lateral fitness equipment market in the coming years.
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Lateral Fitness Equipment Market Report Scope
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
region, type, body type, distribution channel, end user.
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Core Health & Fitness LLC., Cybex International Inc. (Brunswick Corporation), IFIT.com (ICON Health & Fitness), Impulse (Qingdao) Health Tech Ltd. Co., Johnson Health Tech Co. Ltd., Nautilus Inc., Technogym S.p.A, Total Fitness Equipment and True Fitness Technology Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
The report has segmented the market on the basis on region, type, body type, distribution channel, end user.
List of Major Key Players:
Core Health & Fitness LLC., Cybex International Inc. (Brunswick Corporation), IFIT.com (ICON Health & Fitness), Impulse (Qingdao) Health Tech Ltd. Co., Johnson Health Tech Co. Ltd., Nautilus Inc., Technogym S.p.A, Total Fitness Equipment and True Fitness Technology Inc.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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