Veterinary Scales Market: An Overview
Veterinary scales are present in every veterinary clinic for the surficial physical examination of animals. Various types of animal scales are habitually used in veterinary clinics including smaller digital mail-type scales, digital floor scales and portable baby scales. The weighing scale is calibrated to zero before the animal is weighed. The global veterinary scales market is anticipated to grow at a high CAGR in the foreseeable future that is from 2020 - 2030.
Innovation in the field of animal care industry and increased spending in the overall pet care are anticipated to drive the growth of the market during the forecast period. The market is highly fragmented with a significant number of local players. These local manufacturers have strong market penetration due to wide distribution networks and competitive economic pricing. The rise in number of animal death and diseases owing to excessive food consumption and drug overdose is bound to propel market growth. In addition to this, a significant increase in awareness about animal health, product innovation, and competitive pricing are expected to propel the market growth over the forecast period.
However, issues related to veterinary weighing scales such as unresponsiveness or lack of precision are hampering the growth of the global market. Thus this acts as a predominant restraint for the market.
Veterinary Scales Market: COVID – 19 Impact
The covid-19 pandemic had disastrous impact on the global veterinary scales market. Due to restrictions on trade from region to region, it had adverse consequences on the market. Government initiatives to stop the disease from spreading had to take place at the cost of a significant downfall of the overall veterinary scales market in terms of revenues. This led to a price surge to tackle the market. Key players have been working in an integrated manner to address the problems caused as a result of the pandemic.
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Segmentation Analysis of Veterinary Scales Market:
The global veterinary scales market is bifurcated into four major segments which are classified as: product configuration, technology, applications and geography.
On The Basis of Configuration of the Product, The Veterinary Scales Market Has Been Segmented As Follows:
- Bench - Top
On The Basis Of Technology of the Product, The Veterinary Scales Market Has Been Segmented As Follows:
On The Basis Of Applications of the Product, The Veterinary Scales Market Has Been Segmented As Follows:
- Big Animals Group
- Small Animals Group
On The Basis of Geographic Regions, The Veterinary Scales Market Has Been Segmented As Follows:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
Veterinary scales Market: Regional Outlook
The global veterinary scales market is segregated into several key regions which are mainly North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa. The market is well expanded in these regions and the North American region is the dominant one. Increasing awareness about numerous medical issues associated with pet’s body weight, competitive pricing and rise in product innovation are some significant factors for contributing towards growth of the veterinary scales market in North America. However, good presence of the product can be found in the European region as well mainly owing to the expansion of the key player footprints.
The market in Asia Pacific is anticipated to grow at a significant pace in the near future in emerging countries such as India, China, South Korea, and other countries. Attracted by this expanding market and underlying latent demand, several players are expanding their business through new product development and strategic mergers and acquisitions and partnerships with several industries.
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Veterinary scales Market: Key Players
The global veterinary scales market is fragmented in nature with a number of players in business around the globe. The key players of the veterinary scales market are Bosche GmbH & Co. KG, Adam Equipment Co. Ltd., Apexx Veterinary Equipment, Inc., Brecknell, Detecto Scales, Phantom Scales LLC, Coventry Scale Company Ltd, Soehnle Industrial Solutions GmbH and Tanita Corporation. These key players have controlled the market and are devoted to expansion by using several strategies such as mergers and acquisitions and research & developments in advanced technologies pertaining to the operations and manufacture of the product.
The research report presents a comprehensive assessment of the veterinary scales market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The Veterinary Scales Market Report Covers Exhaustive Analysis On:
- Veterinary Scales Market Segments
- Veterinary Scales Market Dynamics
- Veterinary Scales Market Size & Demand
- Veterinary Scales Market Current Trends/Issues/Challenges
- Veterinary Scales Competition & Companies involved
- Veterinary Scales Value Chain
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The Veterinary Scales Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic & Russia)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, Malaysia, Indonesia, Thailand, Australia & New Zealand and Rest)
- Middle East & Africa (GCC Countries, South Africa, Turkey)
The veterinary scales market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The veterinary scales market report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The veterinary scales market report also maps the qualitative impact of various market factors on market segments and geographies.
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The Veterinary Scales Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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