If you’re already part of it you might know and if you’re not, jump in, there’s a ton of opportunity as the fitness and weight loss industry is about to explode. Check these underserviced 5 out.
Specialty Fitness Centers
Fitness centers alone are a 24 billion dollar industry worldwide.1 in 5 Americans pay a gym membership totaling over $54 million a year.A tighter economy means more lower cost neighborhood centers are opening and people are flocking to them. Who would have thought that clubs that specialize in group rowing, climbing walls or soldier style boot camps would be a thing. The barriers to entry are low and success is only limited by your imagination.
Men’s Only and Children’s Weight Loss Programs
One in three American kids or teenagers is overweight but can you name a weight loss program or specialty gym that has been designed for them? 73 % of American males are overweight or obese (CDC) compared to 63 % of women and yet 90 % of clients at weight loss centers are females. If the light bulb didn’t just come on read all those numbers again. New research in cognitive, physiological and nutritional sciences and technologies means lots of new opportunity.
Older Adults Fitness Programs
Know a senior? Look around they’re everywhere and they have the most disposal income of any demographic. They don’t want to lose their independent lifestyles, they love to socialize and they don’t want your typical gym offerings. Do you have a product or service that will keep them in the lifestyle they have been accustomed to?
If you’re an education company set up to deliver training to the trainers you’re in a good space. Expect to see lots more demand for specialty certifications. These will help give trainers a unique distinguisher and provide additional opportunities both in and out of the club as more clients opt for home training. Currently there are over 250 third party delivered certification organizations. By 2020 another 30,000 fitness-training jobs will enter the market. Added to the present 250,000 personal trainers, that’s a lot of certification delivery opportunities. (Bureau of Labor Statistics)
Wearable Health Technology
1 in 6 people wear an activity tracker and that number will likely continue to rise as this technology continues to pioneer new ways of measuring human biometrics. More and more health clubs and trainers will integrate this data into their own products and services and extend their reach into communities that otherwise wouldn’t have entered their facilities.
There will also be more integration of cognitive function and biological data into future devices. The definition of Wearables will extend to new technologies that are injected, tattooed and implanted on the body. If you are creative and futuristic think about wearable design and innovation, it may be for you.