Wednesday, July 13, 2022

Global Drug Abuse Testing Devices Market Size and Research 2021, CAGR Status, Growth Analysis by Countries, Key Manufacturers, Business Updates and Strategies till 2025: Ken Research

The report titled "Global Drug Abuse Testing Devices Market Outlook to 2025 –By Products (Consumables, Analysers and Rapid Testing Devices), By End Users (Criminal Justice Systems, Workplace and Schools, Hospitals, Research Laboratories and Others) and By Region (United States of America, Canada, China, Germany, Italy, Mexico, France, India, South Africa, Saudi Arabia and Others)" gives an in depth, comprehensive outlook on the drug testing devices market globally. The report covers various aspects including genesis of the market, global drug abuse trends, market size by revenue along with segmentations for four regions (North America, Asia-Pacific, Europe and LAMEA). Country snapshots for major 10 countries (USA, Canada, China, Germany, Italy, Mexico, France, India, South Africa and Saudi Arabia and Others) including segmentation by product, by end users, by rapid testing devices (urine testing devices and oral fluid testing devices) and by production of devices (domestically or imported) are also present. A detailed section on the new technologies used in these testing devices, the challenges faced in the market, company profiles of major players, their strengths and weakness and other competition factors have been covered. The report concludes with the future predictions of the above mentioned sections along with analyst recommendations for each stakeholder in the market.

Global Drug Abuse Testing Devices Market Overview and Size

As deaths due to drug overdose have been increasing, a number of countries are introducing strict laws with respect to drug consumption; this has given a push to the market of drug abuse testing devices. Initially, traditional samples such as urine and oral fluid were used the most, however, with time there has been a shift towards more convenient samples such as hair and fingerprint devices which use sweat as its sample to detect the drugs that an individual has consumed.  As more workplaces and schools are introducing random drug testing practices, the demand for drug abuse testing devices has been constantly increasing.

Global Drug Abuse Testing Devices Market Segmentation

By Region (North America, Europe, Asia-Pacific and LAMEA)

The North American region contributed the highest revenue percentage share in the global market as the USA is a leading exporter of these products to rest of the world. Marijuana is the most commonly used drug in this region. The mean average death due to drugs in Europe was calculated to 39 years in 2018. The use of opioid in treating moderate to severe pain is one of the emerging concerns in Asia Pacific. It has lead to excessive and illegal use of the drug. The MEA region has the lowest contribution in the market as the laws present in this region are extremely strict and drug possession or consumption can lead to severe punishment and penalties.  

By Products (Consumables, Analysers and Rapid Testing Devices)

The consumables include all the products such as cotton, syringes and reagents etc. which are a part of drug abuse testing. This product segment hold the highest share in the overall drug abuse testing market in 2019 as most of them  have an extremely short shelf life and cannot be used more than once. The analysers include breath analysers, chromatography analysers and immunoassays. These devices provide extremely accurate results and contributes second largest segment. The rapid testing devices which include urine testing devices and oral fluid testing have the lowest share towards the overall drug abuse testing devices market, as with time, there has been a gradual shift towards new technologies which use different samples.

By End Users (Criminal Justice Systems, Work Places and Schools, Hospitals, Research Laboratories and Others)

The criminal justice systems use these devices on an extremely large scale to keep check on the consumption of different type of illicit drugs in the country. For drugs testing, urine tests were most common used as they provided accurate results, however owing to inconvenience and time taken for the results to come has caused a shift from traditional methods to more technology advanced options. Also a number of countries have made drug abuse testing compulsory before employment. For example, since 2008, the Italian law has prescribed mandatory drug tests for certain jobs which entail safety risks to others, setting out which drugs can be tested for and what procedures are to be followed. The preference for research laboratories for these devices is comparatively less as they use bigger and complex devices for their research. The other end users include customs departments, sports authorities and similar regulatory bodies. As the number of cases of doping has been increasing year on year, the sports authorities also take these tests seriously and demand for these products.

Competitive Landscape in Global Drug Abuse Testing Devices Market

The Global Drug Abuse Testing Devices market has a number of players as the devices have a number of substitutes which are produced by a number of companies. However, the market share is dominated by a few players which include Abbott Laboratories, Danaher Corporation, Quest Diagnostics and Siemens Healthineers. Other companies in this field include Thermo Fisher Scientific, Dragerwerk AG, Bio-Rad Laboratories, OraSure Technologies Inc, Hoffmann-La-Roche AG and many others.

Global Drug Abuse Testing Devices Future Outlook and Projections:

By 2025, it has been estimated that the market will be driven by innovative technologies with core focus on increasing test accuracy, finding new samples and reducing result turnaround time. Mergers and acquisitions would help large companies to expand into new market segments and industry would experience further consolidation in future. Along with this, the growing awareness among consumers and initiatives taken by the governments of various countries to curb drug consumption is expected to contribute to further growth in the industry.

Key Segments Covered

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

By Countries

  • USA
  • Canada
  • Mexico
  • China
  • India
  • Germany
  • France
  • South Africa
  • Saudi Arabia

By Products

  • Consumables
  • Analysers
  • Rapid Testing Devices

By End Users

  • Criminal Justice Systems
  • Work Place and Schools
  •  Hospitals
  • Research Laboratories

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By Production of Devices

  • Domestically Produced
  • Imported

Key Target Audience

  • Medical Devices Companies
  • Government Regulatory Bodies
  • Medical Research Departments
  • Healthcare Organisations
  • Drug Abuse Associations 
  • Criminal Justice Systems

Time Period Captures in the Report

  • Historical Period: 2014-2019
  • Forecast Period: 2020F-2025F

Companies Covered

  • Danaher Corporation
  •  Siemens Group
  • Thermo Fisher Scientific
  • Abbott Laboratories
  • Quest Diagnostics
  • Dragerwerk AG
  • Hoffmann-La-Roche AG
  • Bio-Rad Laboratories

Key Topics Covered

  • Global Drug Abuse Testing Devices Market Growth
  • Global Drug Abuse Testing Devices Market Size 2014-2019 (By Revenue)
  • Global Market Segmentations (By Region, By Products and By End Users)
  • Country Profiles (USA, Canada, Mexico, China , India, Germany, Italy, France, South Africa, Saudi Arabia and Others)  
  • Competitive Landscape and Strengths & Weaknesses of Major Players (Abbott Laboratories, Danaher Corporation, Thermo Fisher Scientific, Quest Diagnostics, Siemens Healthineers, Dragerwerk, Hoffmann-La-Roche AG, Bio-Read Laboratories, Psychemedics Corporation and Waters Corporation)
  • Latest Technologies in Global Drug Abuse Testing Devices Market 
  • Issues and Challenges in Global Drug Abuse Testing Devices  Market
  • Analyst Recommendations for Global Drug Abuse Testing Market

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Global Payment Gateway Market Outlook to 2024 – By Region (APAC, North America, Europe, North America, Middle East and Africa, and Latin America) and End-User Industry (Retail, Transportation, Government, Banking and Financial, Telecommunications and Others)

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Tuesday, July 12, 2022

Business Market Research Reports Bring Out Scenarios Which Allow You to Take the Informative Decisions: Ken Research

Market Research reports not just save you long periods of time, they likewise add dependability to the capability you do, whether you are refining your field-tested strategy, setting up the show for a fundamental client, or shaping proposals to a chief. At Ken Research, the market research is common as the help to help any substance, individual, specialist co-op or association improve, all the more knowledgeable choices. The more exploration is implanted in the essential timetables of a firm, the superior prepared it is to manage the fluctuating encompassing inside which its capabilities.

The marketing research a far and wide methodology, roundabout and direct shoppers and clients approve to get related along with the help of data that is used to get familiar with various promoting open doors and dangers. At Ken Research, the market research is accessible as a service to assistance any company, individual, service provider and organization make heightened, more informed decisions. The more research is engrained in the strategic agendas of a firm, the heightened equipped it is to deal with the shifting surrounding within which is resolves.

Ken Research carries the tailored Business Market Research Reports to help the businesses determine understandings that matter. Our professionals understand your necessities and design customer market research surveys, our knowledgeable field researchers gather high quality data exploiting the mobile technology, and we effectively optimizing the cutting-edge data analysis and conception tools to bring out scenarios which allow you to take the informative decisions.

Business Market Research Reports are well curated and wide-ranging. The team of Ken Research is very reconciling to the client’s scope and is capable to adapt the report to the client demand while staying within the budget. At Ken Research, researchers seek the estimation and facts from 25,0000+ research journals, news articles, annual reports, white papers, conference presentation, custom databank, and government research reports.

Furthermore, through our business market research reports, you can recognise the key metrics likewise market size and growth. Market research report can help you assess whether the market is already drenched, or if there are administrative hurdles or the technological transformations underway. Such facets can have the authoritative effect on your business and your future projections. Keeping up to the date on industry publications and business market research report will keep you alert to such forms of shifts.

The Ken Research is an international market intelligence corporate recommending the strategic scenario to encourage look beyond the market disruptions, study the competitive activity and growth the intelligent business strategies. Broadcasting the product in the home region and just shipping the superfluous to a new geography is the expedient method to enter new global markets. This market entry strategy can be faultless for the brand-new corporates who do not have enough funds to take the perils. It is also suitable for the firms to hire the agents or distributors who will take care of relocating and intensifying the new product in the new market.

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Market Research Company in India

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Qatar Cold Chain Market Key Players, Size, Share & Trends Analysis & Outlook to 2026: Ken Research

                                                                                                                                                 Buy Now

How is the Cold Chain Market Positioned in Qatar: Ken Research

Overview: The cold chain market in Qatar is at the growth stage. It has established its position as an important import hub for the GCC countries (after UAE). Most of the goods are transported to the GCC countries after reaching Qatar. The high dependence of the country on imports to meet its food requirements has decreased over the past years and has necessitated the development of cold chain facilities to store domestically produced perishable products. Considering the very high temperature and humidity levels observed in the Qatar most of the year, cold supply chain logistics practices have become more important to the businesses in the country. Qatar Cold Chain Market has grown positively primarily due to substantial government investments in freight industry, increase in retail and consumer spending especially in meat and seafood, dairy market, and the impending FIFA World Cup 2022.

Market: The cold chain industry amounted to USD ~ Mn revenue in 2021P, grew at a CAGR of ~% during the period 2016-2021P. Meat & Sea Food, Dairy and Pharmaceuticals are important end users for cold chain market in Qatar. The pharmaceutical sector has witnessed a higher growth rate especially after the pandemic and the Qatar government has taken several initiatives to enhance the infrastructure for the same.

The Qatar cold chain market was slightly disrupted due to Covid-19. However, the industry did not decline much owing to the nature of the industry. The perishable products and cold storage warehousing market has gained higher traction in comparison to other logistics market.

The market operations are concentrated in two major free zones: Ras Bufontas and Umm Alhoul Free Zone, where majority of cold warehouses are located.

Qatar Cold Chain Market Segmentation

By Cold Warehousing & Cold Transportation

The cold storage market is dominating the market and contributed majority revenue share to the cold chain industry. The relatively higher growth in cold warehousing as compared to cold transportation can be attributed to setting up of new facilities in Free Zone Areas by the companies in the industry. Seasonal surge in demand is seen especially during the Ramadan festival. 

By End-User Application (Meat and Seafood, Dairy Products, Pharmaceuticals, Fruits and Vegetables and Others): Meat and Seafood contributed the highest revenue share in 2021P since Qatar is beyond self-sufficient in milk and dairy products. Hence, has greater cold storage and transportation needs for this segment. The pharmaceutical industry saw a boost post the onset of the pandemic and the consumption of fruits and vegetables increased due to growing health concerns in the country.

By Temperature Range (Ambient, Chilled and Frozen): Chillers and freezers were quite high in demand in the year 2021P given the increase in the consumption of frozen and fresh food items. There is highest demand for freezers in Qatar. Various food items are stored in frozen condition before being consumed in Qatar, including meat and seafood.

By Ownership (Integrated and Contract Warehouses): Integrated logistic facilities generated larger revenue share in 2021P. This is majorly as most of the warehouses (especially the big players) are able to store/ accommodate their clientele's products within their owned warehouses.

Qatar Cold Transportation Market Segmentation

By Mode of Transport (Land, Sea and Air): Cold transport through land contributed the highest revenue to the cold transport industry as food imports into the country through ports are transported to different cities via land transport.

By Type of Freight (Domestic and International): Cold transportation to international markets accounted for majority of the revenue of the Qatar cold transport industry. Since Qatar is a small country geographically, its domestic transport revenue generation is lesser than the revenue generated from international transport.

Competition Scenario In Qatar Cold Chain Market

Competition in Qatar Cold Storage Market is moderately consolidated with ~7 large companies acquiring chunks of market share. The market is highly concentrated in the free zones of Ras Bufontas and Umm Alhoul Free Zone.

The developed transport infrastructure in these regions along with the proximity to the sea and air ports has been the key factors leading to the growth of the cold chain businesses in these areas.

The cold chain companies in the country compete on a host of parameters such as price, quality of service, technological advancement, key clientele, location, industry expertise, etc. Major players in the cold chain market include GWC Logistics, Gulf United Cold Stores, Qatar Logistics, Qatar Logistical Services, Tokyo Freight Services and others.

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Qatar Cold Chain Market Future Outlook and Projections

The Cold Chain market in Qatar is expected to experience moderate level of growth at a single digit CAGR in terms of revenue during the period 2021P-2026F. The Cold Chain market in Qatar is expected to experience positive growth owing to the increased demand for perishable food items, development of infrastructure and freight routes and government’s initiatives to improve the logistics infrastructure in the country as part of the ‘Qatar National Vision 2030’. Moreover, the operational efficiency in Qatar Cold Chain Market over the forecast period 2021P-2026F is to improve with the increasing adoption of warehouse automation technologies such as RFID, AS/AR, WMS, AMR and others.

Key Segments Covered

By Type of Market

  • Overall Cold Chain Market
  • By End-User Application
  • Meat/seafood
  • Dairy products
  • Pharmaceuticals
  • Vegetables/fruits
  • Others
  • Cold Storage
  • By Temperature
  • Ambient
  • Chilled
  • Frozen
  • By Ownership
  • Integrated
  • Contract
  • Cold Transport
  • By Mode of Freight
  • Land
  • Sea
  • Air
  • By Type of Freight
  • Domestic
  • International
  • By Type of Air Freight
  • Domestic
  • International
  • By Type of Land Freight
  • Domestic
  • International

Key Target Audience

  • Cold Chain Companies
  • Logistics Companies
  • Government Associations
  • Express Logistics Companies
  • Industry Associations
  • Warehousing Companies
  • E-Commerce Operations
  • Investors and Private Equity Companies
  • Logistics Companies
  • Dairy Companies
  • Meat and Seafood Companies
  • Fruits and Vegetables Companies
  • Pharmaceutical Companies

Time Period Captured in the Report

  • Historical Period: 2016-2021P
  • Forecast Period: 2021P-2026F 

Companies Covered

  • GWC Logistics
  • Gulf United Cold Stores
  • Qatar Logistics
  • Qatar Logistical Services
  • Tokyo Freight Services
  • JSL Global
  • Milaha Cold Storage
  • Western Gulf Agency
  • GAC

Key Topics Covered in the Report

  • Qatar Cold Chain Market Overview
  • Infrastructure Analysis
  • Existing and Emerging Technologies
  • Qatar Cold Chain Market Value Chain
  • Qatar Cold Chain Market Size by Revenue, 2016-2021P
  • Qatar Cold Chain Market Segmentation and Segment Future, 2021P-2026F
  • End User Industry Analysis And Future Growth Potential
  • Qatar Cold Chain Market Competitive Landscape
  • Qatar Cold Chain Market Company Profiles of Major Players
  • Regulatory Environment
  • Industry Trends and Developments
  • Industry Issues and Challenges
  • Analyst Recommendation
  • Qatar Cold Chain Market Future Outlook and Projections, 2021P-2026F
  • Qatar Cold Chain Market Analyst Recommendations

For More Information, refer to below links:

Qatar Cold Chain Market Outlook to 2026: Ken Research

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Competition Benchmarking of Top Logistics Players in UAE in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics

UAE E-Commerce Logistics Market Outlook to 2025 – Driven By Growth in Online Shoppers Along With Introduction of New Age Technologies by Logistics Players

India Agricultural Cold Storage Industry outlook 2025 - An assessment of demand - supply infrastructure across value chain

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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249

North America Wearable Electronics Market, Industry Research Report, Market Size, Sales, Future Outlook, Revenue, Forecast to 2027: Ken Research

What is the Size of North America Wearable Electronics Industry?

North America Wearable Electronics market is growing at a CAGR of ~% in 2017-2021P and is expected to reach ~USD Bn by 2027F. The major drivers for the increase in adoption of Wearable Electronics in North America is Rising Penetration of Smartphones and Digital Devices which are positively influencing an increase in the adoption of connected devices/wearable electronics in North America. Rising Consumer Awareness Regarding Health-Related Activities are prompting individuals for using digital tools, such as smartwatches, smart shoes, smart eyewear's to identify major healthcare needs, such as monitoring heart rate, tracking activity, and delivering reminders throughout the day. Wearable technology functionalities are reducing hospital visits for health problems, such as high blood pressure and tachycardia as wearables allow them to keep track of their health information without having to visit hospitals.

According to a healthinsurance.com survey, heart health monitoring devices will become more popular as more doctors embrace digital tools to track and treat chronic illnesses. While doctors are generally thought to be less tech-savvy, 60% of Medicare-eligible seniors say they have embraced technology more since the pandemic. The user's privacy concerns owing to rising cyber threats and vulnerability of digital devices in personal information protection is a challenge in growth of this market.

North America Wearable Electronics market by Product

The Neck Wear segment in North America Wearable Electronics market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. The growth is majorly attributed by the increasing prevalence of health issues such as spinal stenosis, herniated disc, and incorrect sleeping posture that leads to severe neck pain.

According to the National Library of Medicine, the world's largest medical library and operated by U.S. federal government, the prevalence of the clinical symptoms of lumbar spinal stenosis in US adults is approximately 11% and tends to increase with age.

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Following the Neck Wear segment, the Eye Wear segment will experience significant growth during the forecasted period, owing to the growing demand for health monitoring devices in the healthcare industry, particularly following the COVID-19 pandemic, is driving demand for Eye Wear.

Smart glass technology trends have also evolved immensely where the manufacturers now offering a variety of smart glasses styles, use cases, and features across multiple industry, including Automotive, Healthcare, and Industrial.

North America Wearable Electronics market by Components

The Power Supply Components in North America Wearable electronics market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. The increasing adoption of consumer electronics and medical devices, which necessitate an adequate power supply is driving the demand for Power Supply Components.

Furthermore, the rising demand for AC-DC and DC-DC power supplies with appropriate output voltage in devices, such as home lighting, wearable fitness devices, street lighting, health monitoring devices, and consumer electronics products is also fueling their demand.

The growing demand for optical solutions in the healthcare & automotive industries, smart consumer electronics devices, and the escalating necessity of durable and low power consuming components has accelerated the demand for Optoelectronic and Display Components.

Key Segments Covered in North America Wearable Electronics Market:-

North America Wearable Electronics Market By Product

Wrist Wear

Ear Wear and Head Wear

Eye Wear

Foot Wear

Neck Wear

Body Wear and Smart Clothing

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North America Wearable Electronics Market By Components

Networking and Positioning Components

Power Supply Components

Sensing Components

Optoelectronic and Display Components

Control Components

Interface Components

North America Wearable Electronics Market By Connectivity

Near Field Communication (NFC)

Cellular Network

Bluetooth Technology

Wi-Fi Network

Other Connectivity Types

North America Wearable Electronics Market By Type of End User Industry

Fitness and Sports & Tracker

Healthcare

Entertainment and Travel & Hospitality

Industrial (Logistics & manufacturing)

Government (Defense, Security, and Public Administration)

North America Wearable Electronics Market By Geography and Major Countries:-

U.S.

Canada

Mexico

Key Target Audience:-

Wearable Electronics Products Manufacturers

Consumer Electronics Products Manufacturers

Wearable App Developers

Raw Material Suppliers for Wearable Electronics Products

Potential Investors in Wearable Electronics

Wearable Electronics Distributors

Wearable Electronics Advocacy Groups

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Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned:-

Key Competitors in North America Wearable Electronics Market

Apple

Garmin

Fossil

Huawei

Samsung Electronics

Sony

LG Electronics

Fitbit

Nike

Xiaomi

Bose

Emerging Wearable Electronics Companies in North America

Strong Arm Technologies

Whoop

Nextiles

Nymi

Muse

Hexoskin

ADES Technologies

Machina

Key Topics Covered in the Report:-

Snapshot of North America Wearable Electronics Industry

Industry Value Chain and Ecosystem Analysis

Market Size and Segmentation of North America Wearable Electronics Market

Historic Growth of Overall North America Wearable Electronics Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Wearable Electronics Industry

Overview, Product Offerings and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Wearable Electronics Market

Future Market Forecast and Growth Rates of the Total North America Wearable Electronics Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Wearable Electronics Market in Major North American Countries

Major Production/Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Wearable Electronics Companies within Each Major Country

For more information on the research report, refer to below link:-

North America Wearable Electronics Market

Related Report:-

India Consumer Wearables Market Outlook To 2025- By Type (Fitness Trackers And Smart-Watches), By Sales Channel (Online And Offline), By Price Segment (Under ₹ 1000 ,₹1000 - ₹ 10,000 , ₹10,000 - ₹ 20,000 And Above ₹ 20,000) And By Sales Region (North, South East And West)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249


Frequently Asked Questions:-

What is the Study Period of this Market Report?

The North America Wearable Electronics Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of North America Wearable Electronics Market?

The North America Wearable Electronics Market is expected to witness a CAGR of above 15% over the next 5 years.

What are the Key Factors Driving the North America Wearable Electronics Market?

Rising number of millennial parents who are increasingly health conscious and adopting natural, minimally processed food is expected to be the primary driver of this market.

Which is the Fastest Growing Product Segment within the North America Wearable Electronics Market?

Neck Wear is the fastest growing product segment within the North America Wearable Electronics Market.

Who are the Key Players in North America Wearable Electronics Market?

Apple, Garmin, Fossil Group, Huawei, Samsung Electronics, Sony, LG Electronics, Fitbit

Nike, Xiaomi and Bose are the major companies operating in North America Wearable Electronics Market.

Israel Fitness Equipment Market: Revenue, Growth Rate, Trends, Share, Size, Opportunities and Forecast to 2027

 

Israel Fitness Equipment Market is expected to expand at a CAGR of ~6.3% on the basis of Revenue in between 2021-2026: Ken Research

  • Entry of low budget international fitness chains and attractive fitness schemes offered by those brands will gain traction among the people for following various fitness regimes and contributing in increasing the offline memberships rate in fitness centers
  • Consumers shifting preference towards availing digital fitness services followed by the advent of COVID-19 will positively contribute in accelerating the demand of home-based fitness equipment such as yoga mats, resistance bands and dumbbells along with exercise bike, elliptical and treadmills in coming years
  • Due to the changing lifestyle and influence from TV and internet, youth in the country is becoming more aware about their health and fitness, which will into regular visits to fitness centers and indulging into some kind of physical activity.

Multi-club Memberships

Members are no longer committed to a single facility but are, instead, leveraging the assets of multiple facilities to pursue their fitness and wellness goals which will lead to demand of various fitness equipment. To stay above competition, fitness and health clubs will develop innovative solutions and exercise models to retain and grow customer bases. As a result, gyms will take advantage of this to reach out to members

Wellness Tourism Industry will tract tourist to follow fitness regimes

With Israel emerging as the major leisure and entertainment hub a massive growth will be seen in the wellness tourism industry wherein tourist will be concerned in maintaining their daily fitness routine during their stay in Israel. Therefore, set-up more organized fitness centers will be visualized over the coming years with high standard fitness services and quality equipment’s to be offered to tourists.

Hybrid Clubs are the future

In upcoming future, the market will be driven by the hybrid clubs which are not only equipped with latest fitness equipment but will also offer bundled wellness services such as spa therapies, beauty services and salon services under a single roof. Collaboration of fitness centers with corporates, encourages businesses to promote health and fitness levels of their employees are expected to increase revenues for fitness clubs and fitness equipment industry. It is also expected that the trend of 24-hour franchisee gym center will evolve in Israel acquiring a new group of working population in fitness centers therefore increasing the demand of high-tech enabled fitness equipment.

Growing Working Age Population and lifestyle diseases

Around 25.0% of the population in Israel, majorly comprising of age group 25-40 years (working age population) suffers from lifestyle diseases which will spur in upcoming years due to unhealthy lifestyle and eating patterns making it mandatory for them to avail fitness services and invest 3-8 hours/week doing exercise.Also consumers belonging to this age group in Israel are health conscious individuals who in order to maintain physical health resort to various fitness related activities such as cycling, walking and gymming among others. With the rise in awareness on the importance of physical health, the demand for high end fitness equipment will witness a surge driven by consumers belonging to this age group

The future of Fitness Equipment Market is closely knit with expanding virtual fitness equipment market

The expanding virtual fitness market will spur the demand for high-quality fitness equipment that can be easily installed at homes. Busy working professionals prefer to undertake online fitness sessions to enjoy exercising in the comfort of their homes and as per convenience. In response to the growing home fitness equipment industry, market players are launching digitally connected solutions for consumers. Consumers are leveraging the benefits of digitally connected fitness equipment to enjoy a personalized training experience through online workout classes.

The publication titled Israel Fitness Equipment Market Outlook to 2026: Driven by increase in commercial gyms and home fitness due to growing awareness towards a healthy lifestyle and impetus by the government to promote health and fitnessprovides a comprehensive analysis of the fitness equipment industry. The report covers various aspects including fitness equipment industry market size on the basis of on the basis revenue, market overview, value chain analysis, ecosystem, operating model, gym joining decision making parameters, SWOT analysis, major trends and developments, government initiatives promoting health awareness, and impact of COVID-19. Insights on competitive landscape of fitness equipment industry, list of major distributors in Israel, and company profile of major players along-with cross comparison between fitness equipment distributors operating in the ecosystem on the basis of company overview, revenue generated, countries served, product portfolio, revenue streams, type of customers, serviced offered, strengths, weaknesses, major clientele and key partnerships is also covered in the report. The report also covers trade scenario of fitness equipment (by imports and exports of fitness equipment from major countries), along-with end user analysis of demand side highlighting key demand clusters on the basis of region, customer decision making factors in joining fitness centers, target and service addressable market of Israel health and fitness industry. Further report also focuses on the Israel Fitness Equipment Market Segmentation by Type of End User (Commercial Fitness Centers & Health Clubs, Universities, Office & Hotels) By Value (In USD Mn), By Location of Manufacturing (Import and Domestic Manufacturing) By Value (In USD Mn). Israel Fitness Equipment Market report concludes with projections for the future of the industry including forecasted industry size by revenue by 2026, and analysts’ take on the future highlighting the major opportunities.

Key Segments Covered in Israel Fitness Equipment Industry

Israel Fitness Equipment Market

  • By Type of End User
  • Commercial Fitness Centers & Health Clubs
  • Universities
  • Office & Hotels
  • By Foreign and Domestic Manufacturing
  • Foreign
  • Domestic
  • Israel Offline Fitness Market Assessment
  • Commercial (Exclusive/Boutique Centers, Popular Fitness Centers, and Local Gyms & Fitness Clubs)
  • Hotels and Resorts (5 Star Hotels & Resorts, 4 Star Hotels & Resorts, and 3 Star Hotels & Resorts or Less)
  • Universities
  • Fitness Equipment Import and Export Scenario on the basis of Revenue, By Country, 2016-2020
  • Economic Impact of Fitness Centers in Israel (Direct and Indirect)
  • Key Demand Clusters for Fitness Equipment, By Region, 2021

Israel Fitness and Health Industry

  • Target Addressable Market and Service Addressable Market in Israel Health and Fitness Industry

Key Target Audience

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness Equipment Retailers and Importers
  • Commercial and Private Fitness Centers
  • Hotels & Resorts
  • Government Bodies

Time Period Captured in the Report:

  • Historical Period: 2016-2021
  • Forecast Period: 2021-2026F

Israel Fitness Equipment Industry Players/Ecosystem

  • Manufacturers
  • Technogym
  • Les Mills International
  • Head Fitness
  • Spirit Fitness
  • Nautilus
  • York Fitness
  • SportsArt
  • Freemotion
  • Reebok
  • BodySolid
  • Powertec
  • Vision Fitness
  • Bowflex
  • Schwinn
  • Everyoung
  • Target Fitness
  • LifeGear
  • Sportop
  • Assault Fitness
  • Concept2
  • Eleiko
  • Distributors
  • Abir Sport Co. Ltd.
  • Sal Sport
  • ProGym Performance Training
  • Sportal Advanced Fitness Equipment
  • Techno Sport
  • Gym Service Ltd.
  • Sport Tec
  • BH Fitness
  • X-Wear
  • Sport Stock
  • Everest Sport
  • YGL - Living Well

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  • Retailers
  • Decathlon Israel
  • Fitness Depot
  • NineFit
  • DesertCart
  • CoolPool and Sport
  • Sports Center
  • Total Fitness
  • Daniel Fitness
  • Pro Fitness
  • Commercial Fitness Centers
  • ProFit Gym
  • Studio C
  • Iron Gym
  • Free Fit
  • Peleg’s Gym
  • Orange Theory
  • Holmes Place
  • Hotel and Resorts
  • Al Ahly SC
  • Pyramids FC
  • Dan Hotels
  • Isrotel Hotels
  • Hilton Hotels
  • Fattal Hotels
  • IHG Hotels and Resorts
  • Marriott Bonvoy
  • Brown Hotels, Selina Hotels
  • Universities
  • Petrojet
  • Tel Aviv University
  • Weizmann Institute of Science
  • Hebrew University of Jerusalem
  • Jerusalem College of Technology
  • College of Management Academic Studies
  • Technion - Israel Institute of Technology
  • Ariel University
  • Ben-Gurion University of the Negev
  • University of Haifa.
  • Associations
  • AGSO (Association of Gym and Studio Owners)

Key Topics Covered in the Report

  • Socio Demographic and Economic Outlook of Israel
  • Overview of Fitness Equipment Market in Israel
  • Ecosystem of Israel Fitness Equipment Market
  • Value Chain Analysis of Israel Fitness Equipment Market
  • Operating Model of Fitness Equipment Distributors in Israel
  • Israel Fitness Equipment Market Size on the basis of Revenue
  • Israel Offline Fitness Market Assessment
  • Israel Fitness Equipment Market Segmentation (By Type of End User, By Domestic and Imported Manufacturing)
  • SWOT Analysis
  • Trends and Developments
  • Government Initiatives in the Fitness Sector
  • Economic Impact of Fitness Centers in Israel (Direct and Indirect)
  • Impact of COVID-19 on Fitness Industry in Israel
  • List of Fitness Equipment Distributors in Israel (Year of Establishment, Location, Contact, Mail Id, Country of Operation, and Brand Association)
  • Cross Comparison of Major Fitness Equipment Distributors in Israel (Year of Establishment, Number of Employees, Countries Served, and Product Portfolio)
  • Company Profile of Fitness Equipment Distributors in Israel (Company Overview, Type of Customers, Services Offered, Strengths, Weaknesses, Major Clientele, and Key Partnerships, Future Developments)
  • Identifying the Customer Cohorts in Israel Health and Fitness Market
  • Customer Decision Making Factors Fitness Centers
  • Customer Mind-set for Fitness in Israel
  • Target Addressable Market and Service Addressable Market in Israel Health and Fitness Industry
  • Analyst Recommendations

For more information on the research report, refer to below link:

Israel Fitness Equipment Market Outlook to 2026: Ken Research

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