European Stationary Cycles Market - Forecast to 2019 - New Study Released

European Stationary Cycles Market by Type (Upright Stationary Cycle, Recumbent Stationary Cycle, Others), by End-User (Health Clubs, Vertical Markets, Home Fitness) - Forecast to 2019

The European stationary cycle market is estimated to grow at a CAGR of 3.9% from 2014 to 2019. Though the mature markets (such as the U.S., Germany, and the U.K.) hold larger shares in the global stationary cycle market, the German segment is expected to grow at the fastest CAGR of 4.0% from 2014 to 2019. The European stationary cycle market holds high potential for growth in future, due to a number of forces that favor this market. These factors include the increasing health and fitness consciousness among consumers in Europe.

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High obesity incidence and a colossal patient pool who suffer from cardiovascular diseases have also influenced the increasing awareness, eventually driving the growth of the European stationary cycle market. Government initiatives to raise funds, conducting conferences, as well as arranging community-based physical activity and healthy consumption programs have further fueled the European market. However, the paucity of research and development (R&D) facilities and deceptive marketing strategies and practices adopted by players in the fitness equipment market to attract customers obstruct the growth of this market. The shift by major health club chains towards equipment retailing and the emergence of new distribution channels in the fitness industry provide numerous growth opportunities for market players to accelerate their growth in the European stationary cycle market in the near future.

In this report, the European stationary cycle market is broadly classified on the basis of product type, pricing of the equipment, and end-users. The products segment is classified into recumbent stationary cycle and upright stationary cycle. Based on the pricing of equipment, the European stationary cycle market has been categorized into premium equipment and budget equipment. The major end-users of the stationary cycle market are health clubs and home fitness, among others.

Geographically, the market has been analyzed in terms of major countries in the European region, namely the U.K., France, Spain, Germany, Italy, Russia, and Rest of Europe (RoE). Germany commanded the largest share of 20.0% of the European stationary cycle market in 2014, followed by France. The high obesity rate has forced people to opt for bariatric procedures for weight loss. The Hospital Episode Statistics for England, collected by the NHS Information Centre for Health and Social Care, recorded that gastric banding and bypass procedures in the U.K. have increased manifold in the recent past.

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