Medical or Healthcare Scales Market shall reach a value of $1,013,593.0 Million in 2027, growing with a CAGR of 24% during the forecast period of 2020 to 2027.
Rising demand from the healthcare sector to seek operational and administrative efficiency while incurring economical costs is pushing the demand for medical and healthcare scales. Hospitals, clinics and treatment centres are all about superior patient service while optimally cutting down costs. Medical scales are widely used in hospitals and care institutions for measuring patient’s weight, height and other data, especially for the elderly and infant population. Accuracy of data and lesser room for human error allows medical scales to be widely accepted by the growing number of hospitals for proper diagnosis and care of its patients. There are different types of patient scales available in the market that serve different purposes including floor scales, infant scales, chair scales etc leading to greater market opportunities.
Data collection is tedious and repetitive processes, yet there is a need to properly manage customer data and make it more available. To enhance workflow by using software solutions the healthcare sector aims to achieve cost optimization. Additionally, institutions are funding research and development worldwide. Insufficiency of workers, skills, and equipment has led to automation. This, in turn, helps in reducing the duration of a patient’s stay and decrease the number of doctors required per patient in a facility. A smarter ecosystem is expected to give healthcare institutions a competitive advantage, which benefits the medical scales market.
In developing economies, greater per capita income and a better standard of living amongst people have led them to seek more value-oriented services. Thus, quality care and patient satisfaction have become important goals of healthcare organisations. This is another key attribute to push the demand for scales market globally.
On the other side, economic policies of governments, technical changes, slow growth smart hospitals, limited availability of healthcare resources and intention to cut back costs pose as threats to the growth of the product market. Yet the surge in the medical segment, rising demand for accurate portable devices, and continuous funding of further research and development are expected to open newer avenues for growth.
Medical Healthcare Scales Market Growth and Trends
Globally, people have become increasingly health-conscious and are getting into the habit of continuously monitoring their health, and regular consumption of unhealthy food with high salt and sugar content has negatively affected the health of the global population, leading to early health issues and health issues such as diabetes, cancer, obesity, arthritis, high blood pressure, heart diseases, strokes, gallbladder diseases, and others. Hence, to avoid such health-related problems, people are investing heavily in activities that can help in reducing body weight that require continuous monitoring of body weight to identify the changes that need to be made to achieve desired body goals and boost one’s health. This has led to a massive adoption of medical healthcare scales at such outlets and other places that facilitate checking a patient’s weight, which has bolstered the market growth. The number of overweight adults has been growing aggressively over the past decade and is on a steep rise that has positively impacted the demand for medical scales as they help people assess their growth towards the desired target and plan accordingly for maintenance of health in the future. Government laws regarding the healthcare sector have become more rigid across the globe, and hence procurement of efficient weighing equipment has been made compulsory in clinics, hospitals, and other healthcare institutes aimed at compulsorily measuring patients’ weight and BMI. These standards have promoted the usage of medical healthcare scales and led to a significant increase in demand globally.
A large proportion of the population is still unaware of the health risks of improper lifestyle or don’t attach much importance to a healthy lifestyle and eating habits, which significantly reduces the demand for medical scales. Further, people often opt for cheaper alternative weighing machines in comparison with medical scales due to their unawareness of its additional benefits.
Medical or Healthcare Scales Market Competition
Key companies operating in this industry are Seca Medical, Tanita, KERN & SOHN, Detecto, A&D, Health-O-MeterNatus Medical, Shekel Scales, MyWeigh, SR Instruments, Radwag and Befour.
• Medical or Healthcare Scales Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
Medical or Healthcare Scales Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Regular Scales
• Wheelchair Scales
• Infant & Baby Scales
Application Outlook (Revenue, USD Million, 2020 - 2027)
Country (Revenue, USD Million, 2020 - 2027)
• United States
• South Korea
• Rest of Asia Pacific
• Rest of Europe
• Rest of South America
Middle East and Africa
• Saudi Arabia
Medical or Healthcare Scales Market Companies
• Seca Medical
• KERN & SOHN
• Natus Medical
• Shekel Scales
• SR Instruments
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