Smart Fitness Teams are used for physical exercises that help give overall weight, improve physical resistance and develop muscle strength. These devices are used to monitor information, ie. MT sleep, steps, calories, heart rate and other physical places, which helps even more to improve the general skills of the human body.
Growing awareness among people associated with health and physical condition is one of the main driving factor for the growth of the international field of the fitness market. The factor attributable to the market is an increase in health problems, such as obesity, diabetes, heart attack, which further increases the demand for physical condition equipment.
For example, in 2013, according to the Institute of Health Metrics and Evaluation, almost 30% of population residents suffered obesity or overweight, worldwide. In addition, according to diabetics. Org, the total number of people in the United States. Suffering from diabetes 7 million in 2014 and in 2015, 1. 5 million new cases were reported that 6. 7% of 1,000 people. Therefore, the increase in consciousness between people, the demand relatively of such physical equipment, which will help them monitor the information related to health, such as heart rate, the amount of calories that burn and training time. It is expected that this will help improve your general body abilities, in turn the growth of the international fitness market.
In addition, the government initiated programs related to health awareness is another factor involving market growth. For example, in May 2004, at the 57th World Parliament (WHA) supported international trade policy (WHO), in diet, physical activities and health. The goal of this policy is to promote and protect health by guiding every person, society, domestic and international, so it helps to reduce illness and mortality associated with unhealthy diet and physical inactivity.
High Price Smart Fitness Equipment is an important factor that limits the growth of the market. This push start storage and appropriate centers and users at home to buy used equipment. Therefore, the high price of this equipment is an important factor that prevents new equipment for commercial purposes. This expects a negative impact on the sale of new smart fitness equipment.
Global Smart Fitness Market: Segment Trends
Based on the type of product, the Intelligent Monitoring Segment 2017 issued the largest market share and should keep its position during the scheduled period. This is due to the high demand for wireless health monitoring equipment. After analyzing the analysis of consistent market ideas, the sum of the Intelligent Wutter Sales Unit in 2016 amounted to $ 36 million and increased $ 76 million in 2017 at a global level in 2017. These intelligent watches meet several features such as real-time heart rate monitoring, fitness monitoring, tracking tracks, burned calories, total fault statistics, consequential driving and follow-up. Monitoring the user's daily routine to provide valuable information about your health. This helps the doctor then to remotely diagnose the health of your patient. This should contribute to the growth of the segment over the forecast period.
Global Smart Fitness Market: Regional Insights
North America held a dominant position at the international fitness center in 2017, and the domain is expected in the forecast period (2018-2026). This growth is due to a growing number of health problems related to obesity, such as heart disease, type 2 diabetes and others, which directly affect adults, young people and children. For example, according to the National Center of Health Analysis, in 2017, in 40% of US adults UU and 19% of young people suffered obesity. Therefore, growing concern among people about health issues are leading to growing demand for physical condition equipment to control their physical condition. Therefore, all these factors will contribute to the growth of intelligent physical markets in this particular area.
Global Market Smart Fitness:
Competitive Landscape Players who work on Global Smart Fitness Market are Apple Inc. , FITBIT INC. , Garmin Ltd. , Jawbone, LG Electronics, Mad Clothing, Inc. , Samsung Electronics Co. , Ltd. , Sony Mobile Communications Inc. , Electro Polar and Omsignal. The main players in the market, such as Apple Inc. , FITBIT INC. , Samsung and others are focusing on accepting mergers and buying plans, to strengthen their position in the market. For example, in February 2018, Fitbit, Inc. bought Inc. Health Cordel. The purpose of the acquisition is to increase its offer in the health sector, which helped the company to gain a competitive edge in the market.