the-infoshop.com - The vertical markets research portal
View CartView Cart
Global Information, Inc.
US: +1-860-674-8796
EU: +32-2-535-7543
SG: +65-6223-2436
  Home | Category | Publishers | Custom Research | E-mail Alert | About Us | Contact Us | Site Map |
 
Category

Press Release
2009/01/20

Lifestyle Consumers Boost the Market for Sports-Performance Monitors

A new report from InMedica The World Market for Sports-Performance Monitors forecasts that the market for strapless fitness/heart-rate monitors will take revenue share from the traditional chest-strap monitors, from 8.9% of the market in 2008 to 11.8% in 2012. As the market for strapped heart-rate monitors starts to mature, the growing number of healthy lifestyle consumers is driving the demand for easy-to-use strapless models.

As obesity levels reach epidemic proportions, government initiatives to improve the health of the public are becoming increasingly popular. The growing concern for the need for a healthier lifestyle is filtering down to the consumer level, encouraging a new breed of fitness enthusiasts to track their performance. Revenues for strapless fitness/heart-rate monitors are therefore forecast to more than double in size over the next five years, increasing to $87.5 million in 2012.

The rising number of healthy lifestyle consumers is expanding the customer base for sports-performance monitors and thus changing the structure of the market. Kelly Barritt, Market Analyst highlights that "With consumers ranging from top athletes to recreational sports participants, it is becoming simpler for new companies to enter the market. Many makers of low-end products are winning a share of the market by focusing on consumers pursuing an active lifestyle, by offering easy-to-use products that provide simple parameters to encourage exercise. This demographic is becoming an increasingly important target market for sports-performance monitor manufacturers".

For more information, please go to Product Page .

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms. With offices in the US, Europe, Japan, Singapore, Korea and Taiwan, GII serves industry professionals around the clock, and provides support in English, Spanish, Korean, Chinese and Japanese.

For more information on this report please contact an account executive via e-mail us-info@the-infoshop.com or telephone one of GII's international offices http://www.the-infoshop.com/contact_en.shtml


[Report]

Published by : InMedica
Pub Time: 2009/01
Product Code : inm79825

US: 1-860-674-8796 EU: 32-2-535-7543 SG: 65-6223-2436
The vertical markets research portal
© 2009, the-infoshop.com by Global Information, Inc. All rights reserved.