Refurbished Fitness Equipment Market Size
According to Deep Market Insights, the global refurbished fitness equipment market was valued at USD 1.8 billion in 2024 and is expected to grow from USD 2.0 billion in 2025 to USD 3.1 billion by 2030, registering a CAGR of 8.5% during the forecast period (2025-2030). Growth is driven by the rising adoption of cost-effective equipment by boutique gyms, corporate wellness programs, and the integration of smart technology into refurbished machines.
Key Market Insights
- Cardio machines dominate sales in the refurbished segment, with treadmills and stationary bikes leading demand.
- North America leads the market due to high corporate wellness adoption, while Asia-Pacific is the fastest-growing region.
- Smart module retrofits and IoT-enabled refurbishments are creating new product offerings and increasing value perception.
- Boutique studios and micro-gyms are driving demand for semi-commercial refurbished equipment.
- E-commerce and direct-to-business channels are accelerating sales, supported by warranties and maintenance subscriptions.
Market Size and Forecast
- 2024: USD 1.8 billion
- 2030: USD 3.1 billion
- CAGR: 8.5% (2025-2030)
- North America: Largest Market
- Asia-Pacific: Fastest Growing Market
Latest Market Trends
- Smart retrofits for old equipment: Adding sensors, Bluetooth modules, and app connectivity to refurbished machines is creating a hybrid of used hardware and modern technology.
- Boutique and micro-gym adoption: Smaller gyms and co-living fitness spaces prefer refurbished semi-commercial equipment to save on capital costs.
Refurbished Fitness Equipment Market Drivers
- Corporate wellness growth: Companies are adding gyms and wellness spaces for employees and choosing refurbished equipment to stay cost-efficient.
- Government and municipality incentives: Tax credits and procurement preferences for refurbished goods encourage purchases by organizations.
Market Restraints
- Unclear usage history: Buyers often do not know how much equipment has been used, which reduces trust and slows adoption.
- Warranty and liability issues: High-intensity gyms face insurance concerns when using refurbished machines, limiting commercial adoption.
Refurbished Fitness Equipment Market Opportunities
- AI-driven predictive maintenance: Offering sensors and software to monitor refurbished machines can predict issues and create recurring revenue through service subscriptions.
- Equipment-as-a-Service (EaaS): Leasing refurbished machines to startups, schools, or hotels reduces upfront costs and ensures recurring income for suppliers.
Segmental Insights
- By Type: Cardio equipment leads, followed by strength machines; hybrid IoT-enabled refurbishments are an emerging niche.
- By End-User: Boutique gyms and corporate wellness programs dominate demand; home users continue to grow steadily.
- By Distribution Channel: E-commerce and direct-to-business sales are growing fastest; specialty refurbishers remain important for in-person inspections and warranties.
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Regional Insights
- North America: Largest market, driven by corporate wellness and boutique fitness adoption.
- Europe: High adoption in the UK, Germany, and France due to sustainability initiatives and cost-conscious gyms.
- Asia-Pacific: Fastest-growing region, led by China, India, and Japan, with increasing fitness awareness and urban gym culture.
- Latin America: Growing demand in Brazil and Mexico, supported by small gym networks and fitness startups.
- Middle East & Africa: Emerging adoption in UAE and South Africa, supported by boutique gyms and fitness tourism.
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Note: The above countries are part of our standard off-the-shelf report, we can add countries of your interest
Regional Growth Insights Download Free Sample
Leading Companies in the Refurbished Fitness Equipment Industry
- Life Fitness
- Precor
- Technogym
- Matrix Fitness
- Cybex
- ICON Health & Fitness
- Peloton (Certified Refurbished)
- True Fitness
- Johnson Health Tech
- NordicTrack (Certified Refurbished)
Latest Developments
- March 2025: Life Fitness launched refurbished treadmills with AI-based workout tracking and predictive maintenance subscriptions.
- April 2025: Technogym expanded its certified refurbished line to include IoT-enabled bikes for boutique studios.
- June 2025: Precor introduced refurbished ellipticals with retrofit Bluetooth sensors for connected fitness apps.
Frequently Asked Questions
How big is the refurbished fitness equipment market?
According to Deep Market Insights, the global refurbished fitness equipment market size was valued at USD 1.8 billion in 2024 and is projected to reach USD 3.1 billion by 2030, expanding at a CAGR of 8.5% during 2025-2030.
What are the key opportunities in the market?
AI-driven predictive maintenance, IoT-enabled refurbished machines, and Equipment-as-a-Service (EaaS) leasing models are the key opportunities in the market.
Who are the leading players in the market?
Life Fitness, Precor, Technogym, Matrix Fitness, Cybex, ICON Health & Fitness, Peloton (Certified Refurbished), True Fitness, Johnson Health Tech, and NordicTrack (Certified Refurbished) are the leading players.
What are the factors driving the growth of the market?
Corporate wellness programs, boutique gym adoption, retrofit smart technology, and government sustainability incentives are the main growth drivers.
Which are the various segmentations that the market report covers?
The market report is segmented as follows: By Product Type, By End-User, By Distribution Channel.