Global Weight Scales Market, By Type (Mechanical Scales, Electronic Scales), Application (Laboratory Scales, Health Scales, Industrial Scales, Veterinary Scales), Distribution Channel (Online, Offline) – Industry Trends and Forecast to 2029
Market Analysis and Size
Weight or weighing scales play a crucial role in healthcare applications. The basic role of a weighing scale is to determine whether a patient is an overweight, underweight or average weight. Rising manufacturing innovations make these weight scales available in varying sizes and colors. Portability feature has been induced in the weight scales, which has proven to be beneficial for both healthcare professionals and patients.
- Data Bridge Market Research analyses that the weight scales market is expected to grow at a CAGR of 4.5% during the forecast period of 2022 to 2029.
Market Definition
It is clear from the name itself that weight scales are accustomed to measuring different materials' weights, especially humans. The weight scales can be used for multiple purposes as they provide a good degree of accuracy. Ideally, weight scales have a great capacity and can weigh huge weights at a single point of time.
Weight Scales Market Dynamics
Drivers
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The rise in the prevalence of disorders
Surging prevalence of chronic and acute diseases and disorders all around the globe as a result of obesity is one of the major factors responsible for fostering growth in the demand for weight scales. In other words, growing incidence rate of osteoarthritis, diabetes, heart strokes, high blood pressure and others is creating lucrative growth opportunities for the weight scales market.
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Research and development proficiencies
Rising expenditure for research and development proficiencies, especially in developed and developing economies, will create lucrative market growth opportunities. Increasing number of researches being conducted in the healthcare research laboratories by the biotechnological industries is directly influencing the demand for weight scales.
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Government investments on healthcare infrastructure
The increase in the funding by the federal government is set to drive the demand for weight scales. Moreover, growth and expansion of healthcare industry being driven by both public and private players especially in the developing economies will create lucrative weight scales market growth opportunities.
Additionally, surge in the personal disposable income level, rising awareness about the several advantages of weight scales such as reliability, accuracy, durability, portability, simple calibration, and additional features, rise in the demand for electronic weight scales and increasing investment for the development of advanced and innovative technology, positively affect the market growth rate.
Opportunities
Furthermore, upsurge in the public-private funding for target research activities and rising product innovations and development owing to technological advancements all around the world will extend profitable opportunities for the market players in the forecast period of 2022 to 2029. Additionally, surging number of strategic collaborations, rising geriatric population base and increasing per capita expenditure on health care will further expand the market's growth rate in the future.
Restraints/Challenges
On the other hand, high cost associated with the research and development proficiencies, limited infrastructural facilities, high operational and maintenance costs and dearth of skilled medical professionals and researchers are expected to obstruct market growth. Also, the lack of favorable reimbursement scenario and technology penetration in the developing economies and requirement of electricity to operate electronic weight scales are projected to challenge the market in the forecast period of 2022-2029.
- This weight scales market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the weight scales market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Weight Scales Market
COVID-19 had a staggering effect on the market resulting in the downfall. Owing to the several movement restrictions, there was a huge decline in the supply of weight scales. Further, shutdown of industries resulted in affecting the supply chain and logistics functions. Also, the weight scales lost their importance in this pandemic phase. However, the market will rise and make a powerful comeback with enhanced profits.
Recent Development
- Truweigh LLC launched a water resistance digital pocket scale in April 2019 which also comes with a white backlit LCD and black titanium chrome platform to facilitate space-saving option, simple portability, and similar accuracy.
Global Weight Scales Market Scope
The weight scales market is segmented on the basis of type, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Mechanical Scales
- Electronic Scales
On the basis of type, the weight scales market is segmented into mechanical scales and electronic scales. Electronic sales are further segmented into table top scale, platform scale, precision scale, pocket scale and others.
Application
- Laboratory Scales
- Health Scales
- Industrial Scales
- Veterinary Scales
On the basis of application, the weight scales market is bifurcated into laboratory scales, health scales, industrial scales and veterinary scales.
Distribution channel
- Online
- Offline
On the basis of distribution channel, the weight scales market is segmented into online and offline. Online segment is further segmented into company owned websites or e-commerce platforms. Offline segment is further segmented into retail pharmacies, hospital pharmacies and others.
Weight Scales Market Regional Analysis/Insights
The weight scales market is analysed and market size insights and trends are provided by country, type, application and distribution channel as referenced above.
The countries covered in the weight scales market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the weight scales market because of the strong base of healthcare facilities and rising demand for automated electronic measuring devices for testing and measurement purposes.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in government initiatives to promote awareness, rise in medical tourism, growing research activities in the region, mass production of low-cost electronic scales in the region, growing overweight population base, adoption of health care solutions for better standards of life and the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The weight scales market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for weight scales market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the weight scales market. The data is available for historic period 2010-2020.
Competitive Landscape and Weight Scales Market Share Analysis
The weight scales market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to weight scales market.
Some of the major players operating in the weight scales market are A&D Company, Limited,, Adam Equipment Ltd., Avery Weigh-Tronix, LLC, Cardinal / Detecto Scale., Contech, Doran Scales, Inc., Essae., Fairbanks Scales, Kern & Sohn GmbH, METTLER TOLEDO., Rice Lake Weighing Systems India Ltd., Tanita., SHINKO DENSHI CO.LTD, Aczet., Sartorius AG, Shimadzu Corporation., Bonso Electronics International Inc., GSH Group and D Brash & Sons Ltd., among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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