The Home Gym Equipment Market is Here to Stay The U.S. Home Gym Equipment Market was valued at over $3.8 billion in 2019 and is expected to reach revenues of over $7.5 billion by 2026. Innovation, the use of cutting-edge technologies, monthly subscriptions, live or on-demand video exercise classes, voice-led workouts, and the COVID-19 pandemic are driving growth within this market. “Growth in the U.S. market has skyrocketed with the onset of the COVID-19 pandemic. Several companies saw sales more than double since the advent of COVID-19 in 2020. With gyms and boutique fitness studios being closed, people are turning to at-home fitness to maintain a healthy and active lifestyle. The COVID-19 pandemic will likely continue to accelerate the use of digital fitness in the near future.” - noted Shilpa Tiku, Chief Research Officer and Partner at Verify Markets. Companies in this space are creating personalized experiences with the best global trainers and classes from around the world, including personal training sessions. Additionally, companies have increasingly started providing sleek and compact home gym equipment. Some equipment can also fold up neatly and easily be stored in the smallest apartments. Artificial intelligence has made its way into the health and fitness market. It is used in things like treadmills and biometric straps in an effort to cater to personalized fitness regimens in tune with customer preferences. Fitness equipment manufacturers are exploring the use of both augmented and virtual reality (VR) in all kinds of exercise equipment. Exercising regularly offers several benefits some of which include-
Reduced stress
Improved sleep
Improved cognitive functions
And prevention of several health problems
An enormous sense of well being
Increased energy
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