Ergometer Exercise Bikes Market Size, Share, Growth, and Industry Growth by Type (Sport Type and Medical Type) By Application (Gym, Households, Hospitals, and Other), Regional Outlook, and Forecast From 2025 To 2033
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ERGOMETER EXERCISE BIKES MARKET OVERVIEW
The global ergometer exercise bikes market size was valued at approximately USD 1.24 billion in 2024 and is expected to reach USD 1.94 billion by 2033, growing at a compound annual growth rate (CAGR) of about 7.54% from 2025 to 2033.
Ergometer exercise bikes are stationary bicycles. It has a mechanical or digital device that measures the amount of cycling done by the rider.
Huge demand for bikes among fitness people and increased awareness about the health benefits among consumers is estimated to surge market growth. A rise in the geriatric population and rapid technological advancement is predicted to drive market progress. The high prevalence of obesity and chronic diseases is anticipated to drive market growth. The high need for home-based fitness equipment and a growing number of gyms across the globe is projected to drive market growth. A high need to lose weight and improve cardiovascular health is predicted to fuel market growth in the upcoming years. A huge need to burn calories and improve fitness levels is estimated to expand market growth. On the contrary, the high cost of bikes is estimated to limit market growth in the forthcoming years.
COVID-19 Impact: Shutting of Several Manufacturing Units to Harm Market Progress
The global COVID-19 pandemic has been unprecedented and staggering, with ergometer exercise bikes experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
The shutting of several manufacturing units and lower production rate harm market growth. Fluctuation of raw materials prices and unavailability of workers during the pandemic due to lockdown restrictions limited market growth.
However, the huge adoption of the product in healthcare and household to improve fitness. The majority of hospitals encourage the adoption of cycle post surgeries and treatment. Massive adoption of the product in the household due to the closure of outdoor activities and the enormous need to perform indoor activities, the bike played a vital role.
LATEST TRENDS
Increased Number of Gyms across the Globe to Surge Market Growth
An increasing number of gyms across the globe and the cycle offering excellent cardiovascular workouts is anticipated to fuel market growth. The cycle offers ease on the joints which make it ideal for people suffering from knee or hip problem. Also, it is used for warm-up and high-low intensity workouts. Several professionals prefer the cycle for improving fitness levels. The bikes are used for interval training and can be used by beginners, which is anticipated to foster the market growth in the upcoming years. The rapid need for effective calorie burning and government initiatives for public health awareness is likely to propel market growth.
ERGOMETER EXERCISE BIKES MARKET SEGMENTATION
- By Type
Based on type, the market is divided into sport type and medical type.
Sport Type is expected to be the top part of the segmentation type.
- By Application
Based on the application, the market is divided into hospitals, gym, households, and others.
Gym is expected to be the top part of application segmentation.
DRIVING FACTORS
Huge Adoption of the Cycle in Hospitals to Fuel Market Growth
The huge adoption of the cycle in hospitals to recover patients from surgeries and injuries. It provides a low-impact cardio workout which is ideal for joints. The exercise is usually recommended for patients suffering from knee or hip replacement and is predicted to drive market growth. It is also used for patients suffering from chronic pain conditions such as arthritis. The product is used to measure patients’ oxygen uptake, heart rate, and carbon dioxide output. It is commonly used in clinics and hospitals to improve health conditions and is predicted to push market growth in the forthcoming years.
Increased awareness about Fitness and a Growing Sports Enthusiastic Population to Drive Market Growth
Huge demand for bikes among fitness people and increased awareness about the health benefits among consumers is estimated to surge market growth. A rise in the geriatric population and rapid technological advancement is predicted to drive market progress. The high prevalence of obesity and chronic diseases is anticipated to drive market growth. The high need for home-based fitness equipment and a growing number of gyms across the globe is projected to drive market growth. A high need to lose weight and improve cardiovascular health is predicted to fuel market growth in the upcoming years. A huge need to burn calories and improve fitness levels is estimated to expand ergometer exercise bikes market growth.
RESTRAINING FACTORS
High Cost of the Bike to Obstruct Market Growth
The high cost of bikes is estimated to limit market growth in the forthcoming years.
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ERGOMETER EXERCISE BIKES MARKET REGIONAL INSIGHTS
Increased Awareness about Health Benefits in North America to Drive Market Share
North America is anticipated to hold the largest ergometer exercise bikes market share owing to health benefits. The high prevalence of obesity and chronic diseases in the region is anticipated to surge market growth. The rise in geriatric population and increased number of gyms. Change in lifestyle and increased disposable income. Also, rapid urbanization and technological advancements are likely to propel market growth in the forthcoming years.
KEY INDUSTRY PLAYERS
Leading Players Adopt New Strategies to Stay Competitive
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
LIST OF TOP ERGOMETER EXERCISE BIKES COMPANIES
- ICON Health Fitness (U.S.)
- Medset (India)
- Aspel (Poland)
- Nautilus (U.S.)
- Johnson Health (U.S.)
- Amer Sports (Finland)
- COSMED (Italy)
- Cardiowise (U.S.)
- Cardioline (Italy)
- Impulse Health (China)
- Ergosana (Germany)
- Proxomed (Germany)
- Enraf Nonius (Netherlands)
- Technogym (Italy)
- Lode Corival (U.K.)
- Monark Exercise (Sweden)
- BH (U.S.)
- NORAV Medical (U.S.)
- Shandong Zepu (China)
- Brunswick Corporation (U.S.)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Attributes | Details |
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Market Size Value In |
US$ 1065.84 Million in 2021 |
Market Size Value By |
US$ 1846.3 Million by 2032 |
Growth Rate |
CAGR of 5.12% from 2021 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
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By Types
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By Application
|
FAQs
The global ergometer exercise bikes market size is expected to reach USD 1846.3 million by 2032.
The ergometer exercise bikes market is expected to exhibit a CAGR of 5.12% by 2032.
Drivers of this ergometer exercise bikes market are huge adoption of the cycle in hospitals and increased awareness about fitness and a growing sports enthusiastic population.
ICON Health Fitness, Medset, Aspel, Nautilus, Johnson Health, Amer Sports, COSMED, Cardiowise, Cardioline, Impulse Health, Ergosana, Proxomed, Enraf Nonius, Technogym, Lode Corival, Monark Exercise, BH, NORAV Medical, Shandong Zepu, and Brunswick Corporation are the top companies operating in the ergometer exercise bikes market.