Gym market shifts
Industry signals: the refurbished fitness equipment market is projected to hit $1.9 billion by 2031 and the wearable sensors market is forecast to reach $13.2 billion by 2034 — trends showing demand for budget/sustainable gear and tech‑driven training data refurbished market wearable sensors. Analysts are also flagging names like Garmin, Planet Fitness, Life Time, Peloton and Fitell as fitness stocks to watch now (March 16 coverage) stocks to watch.
Allied Market Research [reported] (alliedmarketresearch.com) the refurbished-fitness segment was valued at about $1.1 billion in 2021, with refurbished cardio equipment accounting for the largest share of that market. Allied Market Research [valued] (alliedmarketresearch.com) the wearable-sensors market at roughly $1.9 billion in 2024 and flagged a projected compound annual growth rate of 21.4% through 2034. MarketBeat [reported] (marketbeat.com) Garmin recently raised guidance and expanded share buybacks and its dividend program, moves cited by analysts when calling the company a fitness-tech name to watch on March 16, 2026. Life Time Group [authorized] (simplywall.st) a US$500 million open-ended share repurchase program after reporting higher revenue and net income for full‑year 2025 versus 2024. Peloton’s fiscal Q1 2026 filings and earnings coverage [showed] (ainvest.com) a GAAP net income of $14 million and adjusted EBITDA of $118 million, data investors point to as evidence of its shift toward positive profitability metrics. Planet Fitness [opened] (athletechnews.com) 181 new clubs in 2025, bringing its system to nearly 2,900 locations and about 20.8 million members, and the company [guided] (syracuse.com) it plans to open 180–190 clubs in 2026. Allied Market Research [noted] (alliedmarketresearch.com) affordability and sustainability as key demand drivers pushing buyers to refurbished gear, while the wearable-sensors analysis [highlighted] (alliedmarketresearch.com) wristwear and bodywear applications as the primary use cases fueling sensor growth.
