Description
Market Overview
Global Medical or Healthcare Scales market is expected to grow roughly over the next ten years at a CAGR of 11.5%. The Medical or Healthcare Scales market is expected to deliver substantial returns by the end of the 2020-2030 forecast period, while having a modest CAGR over the proposed duration. The Medical or Healthcare Scales market was valued at US$ XXXX million in 2019 and is forecast to reach US$ XXXX million by 2030, at a CAGR of 12.5 per cent over the forecast period.
Medical Scales Market: Segments
Regular scales are expected to account for more than 55 percent of the medical scales industry in the segment of scales type.
Market growth is due to varied patients needing regular scales. As the market dynamics change, the companies are also developing different models with different weight handling scales to cope with the rising number of obese patients. In the next 10 years, the regular scale segment is expected to continue to dominate.
Medical Scales Market: Drivers and Restraints
Drivers
Increasing cases of malnutrition in developing countries
Increasing problem of malnutrition in developing and underdeveloped countries is causing many physicians worldwide to use the BMI of a patient as a critical measure for planning treatment and care options. Their weights help in determining the dosage of the medicines and the proper treatment required over the period. So, with the increasing cases of malnutrition much rise can be seen in the demand for the scales by the healthcare centers in developing and underdeveloped countries.
Restraint
Higher weight scales are providing lower accuracy
Medical professionals have to handle with obese patients with the rise of an obesity epidemic. Thirty-eight million Americans weigh more than 300 pounds and 400,000 weigh more than 400. There are scales with high capacities but at higher weights, they are not as reliable. The accuracy of certain scales decreases with the rise in patient weight. The findings may indicate inaccurate measurements, resulting in an imprecise depiction of the weight of a patient over time.
Global Medical Scales market is further segmented by region into:
• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Medical Scales Market: Key Players
• Algen Scale Corp. (USA)
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Detecto Scale Company (USA)
• Doran Scales, Inc. (USA)
• Natus Medical Incorporated (USA)
• Pelstar, LLC (USA)
• seca GmbH & Co. Kg. (Germany)
• SR Instruments, Inc. (USA)
• Tanita Corporation (Japan)
• Wedderburn (Australia)
• Welch Allyn, Inc. (USA)
• Seca Medical
• Natus Medical
• MyWeigh
• Marsden Weighing
• Other Prominent Players
The global Medical Scales market report also contains analysis on:
• Medical Scales Market Segments:
o By Scale Type
Regular Scales
Wheelchair Scales
Infant and Baby Scales
Others
o By Applications
Hospital
Household
Dialysis Center
Nursing Center
Others
o By Nature
Analog
Digital
• Medical Scales Market Dynamics
• Medical Scales Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
