💹VITALITY - The Scope of the Market

Customers may integrate fitness activities and lifestyles into their regular routines via the fitness economy. A total of eight industries are included in the global fitness economy, with a combined 2017 value of $4.2 trillion, or 5.3% of world economic activity. Global health expenditures were projected at $7.3 trillion in 2015, according to the World Health Organization 2. There was a 6.4 percent annual growth rate in the wellness industry between 2015 and 2017, roughly twice the pace of global economic growth (3.6 percent)".

The pursuit of activities, choices, and lifestyles that contribute to a holistic state of health" is the definition of fitness. In this definition, there are two things to keep in mind. Because fitness is an active pursuit rather than just a passive one, we must take responsibility for our health and well-being. Achieving a sense of well-being, however, involves more than just physical health; rather, it encompasses a variety of factors that should all function together harmoniously.