Home workout apps booming as gyms close due to coronavirus

jhon pablo

  • As major gym chains close their doors to curb the coronavirus outbreak, people are increasingly turning to digital workout programs to maintain their exercise routines from home.
  • Services like Daily Burn, Aaptiv, and TA Online Studio have all said they’ve seen an increase in demand and engagement over the past several days.
  • The boon comes as gyms like Equinox, 24 Hour Fitness, and SoulCycle among other leading fitness clubs have temporarily closed their doors. 
  • Visit Business Insider’s homepage for more stories.

With major fitness chains temporarily closing their doors throughout the United States as Americans grapple with new social distancing measures to curb the ongoing coronavirus outbreak, a growing number of people are turning to at-home fitness apps to stay in shape.

Some services that offer virtual coaching and workout programs designed to be done from anywhere — especially the home — have seen a surge as the coronavirus has

Read More

The Six Reasons The Fitness Industry Is Booming

jhon pablo

According to the IHRSA (International Health, Racquet & Sportsclub Association), the $30 billion health and fitness industry in the U.S. has been growing by at least 3 – 4% annually for the last ten years and shows no signs of slowing down anytime soon. If anything, it’s accelerating. Currently about 20% of American adults have a fitness club membership, a number that in my opinion could easily double in the next 10 – 15 years.

What is driving this historic boom?

It’s not just because new clubs are popping up everywhere. That’s true, but that dynamic is being fueled by a number of important – and potentially unexpected – factors. Here are the key elements at play that investors should be aware of if they are looking to invest in the fitness industry.

1. Health insurance costs. Healthy people cost much less to insure, and employers and insurers have finally

Read More