Global stationary cycle market consists of devices having pedals and handle bars like a bicycle, but it is a stationary equipment generally with an ergometer attached, to measure the amount of work done during exercising. Global stationary cycle market is used as a form of indoor cardiovascular exercise, to overcome obesity and various other forms of medical problems. It is a low impact workout which is safer especially for medically unfit people. Global stationary cycle market is expected to grow with a compound annual growth rate of single digit during the forecast period. The growing health awareness and fitness concerns are the major factors behind the growth of global stationary cycle market.Stationary Cycle Market: Drivers & Restraints
The growth of global stationary cycle market is attributed with rising obesity, increase in the number of patients having cardiovascular and diabetic problems, increased disposable income allowing them to bear the healthcare expenses, growth in the number of urban population and government sanctioning the initiatives to increase health awareness. The increasing number of health clubs, various conferences and activities being held to increase fitness consciousness, as well as technological advancements made to increase the functioning of stationary cycle is further driving the global stationary cycle market. The presence of other forms of fitness equipment, slackness in R&D and availability of secondhand equipment are some of the challenges for the growth of global stationary cycle market.
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Stationary Cycle Market: Segmentation
On the basis of types, global stationary cycle market can be segmented into:
Recumbent stationary cycles
Upright stationary cycles
On the basis of pricing, global stationary cycle market can be segmented into:
Premium stationary cycles
Economic stationary cycles
On the basis of end-users, global stationary cycle market can be segmented into:
Health clubs/fitness centre
Personal fitness centre
Vertical market such as hotels, corporates, educational institutions, hospitals, etc.
On the basis of distribution channels, global stationary cycle market can be segmented into:
Specialty stores
Hypermarkets
Supermarkets
Monobrands
Online stores
Others