The Health And Fitness Services Market is expected to grow from USD 105.259 billion in 2025 to USD 159.641 billion in 2030, at a CAGR of 8.69%.
The health and fitness services market is primarily driven by the growing concern over a healthy lifestyle across the population throughout the globe. Increasing health awareness regarding the benefits of exercise and fitness services is anticipating the demand for these services and adding to the market growth over the coming years. Additionally, it is projected that the market's growth prospects would soar during the forecast period as a result of increased disposable income, changing lifestyles, and a shift in consumer attitudes toward choosing fitness over money. Furthermore, the growth of the fashion industry is boosting the modelling agency business due to which the requirements for fit models are also increasing. This, in turn, is projected to augment the health and fitness services market growth during the forecast period and beyond.
The rising sports industry is encouraging the adoption of fitness as a daily routine part for people to stay fit and healthy. Furthermore, rising competition in the market is leading the market players to offer various distinguished services to meet the competition, attract more consumers, and gain a competitive edge in the health and fitness services market during the coming years. For instance, Golds Gym offers various medical plans to its members and gives them opportunities to enrol in term life insurance plans that provide coverage starting at US$10,000.
The rising adoption of health and fitness services, especially in developed economies, as people are taking proactive measures to mitigate the risk of serious health problems including heart disease, obesity, and diabetes, among others, as for chronic diseases, physical activities, and fitness trends to reduce and manage the complications of these diseases. The expansion of new fitness service-providing chains in numerous developing economies such as India, coupled with the growing acceptance of fitness as a sport around the globe and the growing importance of bodybuilding competitions, will also support the health and fitness services market during the next five years.
The major factor driving the health and fitness services market is the shifting preference of people toward living a healthy lifestyle due to the risks associated with unhealthy living. The rising consumption of unhealthy foods and fast foods is one of the leading causes of obesity throughout the globe. This further increases the risk of heart disease, blood pressure problems, and diabetes. The increasing proportion of the obese population, combined with changing consumer preferences for healthy living, is significantly increasing the adoption of health and fitness services and contributing to market growth in the coming years. According to the WHO, more than 1.9 billion adults were overweight during the year 2016, and more than 600 million were obese. Similarly, the prevalence of severe obesity increased to 9.2% from 4.7% during the same period. All these factors are collectively contributing to boosting the health and fitness services market growth during the next five years.
By gender, the global health and fitness services market has been segmented into males and females. The male segment is anticipated to hold a noteworthy share of the market because the preference of males for availing of these services is considerably higher than females. However, the female segment is projected to show robust growth over the next five years as the growing adoption of these services by females is expected to be higher, which is projected to support the growth of this segment. Furthermore, the growing popularity of female sports tournaments such as women's football and cricket, among others, is also considered to be one of the prime factors supporting the growth of this segment during the forecast period and beyond.
By age group, the health and fitness services market has been segmented into 5-17 years, 18-64 years, and over 65 years. The 18-64 age group is projected to hold a noteworthy share in the market because the majority of the population availing of these services lies under this age group. Furthermore, the growing enthusiasm of youngsters toward fitness is also supplementing the growth of this segment over the coming years.
The global health and fitness services market has been divided into five regions: North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The North American region is projected to hold a noteworthy share in the market owing to the high adoption rate of health and fitness services coupled with the high focus of its people on a healthy lifestyle. The Asia Pacific region is anticipated to show decent growth over the forecast period as there is rising penetration of international service providers in countries like India, Malaysia, and Indonesia. Furthermore, growing health awareness among the population coupled with the growing prevalence of diseases throughout the region supports the market growth in the APAC region in the coming years.
Health and Fitness Services Market Segmentation: