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MARKET TRENDS & OPPORTUNITIES
Growing Popularity of the Portable Scale
The growing popularity of portable medical scales can be attributed to several factors that collectively address the evolving needs of healthcare professionals and patients alike. These scales offer a range of advantages that contribute to their increasing adoption in various medical sectors. Primarily, portability enhances the versatility of these scales, allowing healthcare providers to easily transport and use them in different locations within a medical facility or even in remote settings.For example, Marsden Group offers an M-430 Floor Scale with multiple features such as lightweight & portable, suitable for general practitioners (GP) surgeries, low profile platform for those with limited mobility, and others. Furthermore, the firm product is approved by the Medical Devices Directive (MDD), a regulatory framework for medical devices in the European Union (EU). The organization increases its reach and potential medical and physician-scale consumer base through this.
Diagnostic of Malnutrition With Weigh Scale
Using weigh scales, particularly medical scales, is crucial in diagnosing malnutrition. Malnutrition is characterized by an imbalance between the body’s nutrient intake and nutritional requirements, adversely affecting health. Weigh scales are a fundamental tool in assessing nutritional status by measuring an individual’s body weight, a key parameter in evaluating nutritional well-being.Several factors drive the medical and physician scale market for malnutrition diagnosis. Moreover, healthcare professionals, including doctors, dietitians, and nurses, rely on accurate weight measurements to assess and monitor patients’ nutritional status. Accurate diagnosis is crucial for developing appropriate intervention and treatment plans to address malnutrition.
INDUSTRY RESTRAINTS
Stringent Regulations of the Government
Stringent regulations in the medical and physician scale market, particularly for baby weighing scales, emphasize the critical need for reliability in professional medical settings. For these devices to be deemed suitable for use in such environments, they must adhere to Class III approval standards. The stringent regulations surrounding Class III approval entail a thorough and rigorous evaluation process to verify the accuracy and repeatability of the scales. This ensures that measurements obtained from these scales are reliable and consistent, meeting the high standards required in medical applications.The classification of Class III approval underscores the commitment to precision and quality, making these scales imperative tools for healthcare professionals when monitoring the weight of infants in the clinical sector. Adherence to these regulations is crucial for maintaining the integrity of medical measurements and ensuring the safety and well-being of patients.
SEGMENTATION INSIGHTS
INSIGHTS BY PRODUCT
The global medical and physician scale market by product is segmented into floor scale, infant/baby scale, chair scale, body fat scale, and others. In 2023, the floor scale segment accounted for the highest revenue in the product segment. The high share can be attributed to a heightened focus on weight management and addressing malnutrition concerns. The versatility and accuracy of floor scales make them essential in various settings, from healthcare facilities to fitness centers, catering to the diverse needs of individuals aiming for a healthier lifestyle.For instance, Health O Meter offers a large heavy-duty floor scale with dial, with key features such as providing accurate and reliable weight measurements and other body composition measures in a fast, easy & accurate manner, among others. Furthermore, during the forecast period, the body fat scale segment accounted for the highest CAGR of more than 8.81% in the global medical and physician scale market.
The segment's growth is supported by several key factors, such as growing consumer health consciousness, the prevalence of fitness and weight management trends, and the increasing interest in athletic performance monitoring. Body fat scales can provide various levels of awareness of body composition, which are becoming popular for individuals striving to achieve and maintain optimal health and fitness levels.
Segmentation by Product
- Floor Scale
- Infant/Baby Scale
- Chair Scale
- Body Fat Scale
- Others
INSIGHTS BY END-USER
The global medical and physician scale market by end-user is segmented as hospitals, clinics & nursing homes, and care settings. The demand for medical and physician scales is surging across various healthcare segments. Hospitals are experiencing heightened demand due to the aging population, which requires more extensive medical care, the rising prevalence of bariatric surgeries, and overall population growth.In 2023, the hospital end-user segment dominated the segmental market share. Furthermore, the growing focus on preventive healthcare and wellness programs within hospitals contributes to the increased adoption of medical scales. Hospitals often incorporate weight management as a component of health promotion initiatives, encouraging patients to monitor and maintain a healthy weight.
Simultaneously, clinics and nursing homes are witnessing increased demand driven by the necessity for specialized care for preterm babies and the growing trend of regular health checkups among the population. Moreover, care settings also increase the demand for medical scales due to increased blood donation camps. By 2050, in the U.S., up to 30 million people will require long-term care services. Moreover, in 2023, California had the most nursing home residents of any state, with over 90,000.
Segmentation by End-user
- Hospital
- Clinic & Nursing Homes
- Care Settings
INSIGHTS BY TYPE
In 2023, the electronic type segment accounted for the highest revenue and exhibited the highest CAGR in the global medical and physician scale market during the forecast period. The increasing demand for electronic scales can be attributed to several factors that align with modern consumer preferences and technological advancements. The emphasis on Convenience and Ease of Use has driven consumers and businesses alike to opt for electronic scales, which offer user-friendly interfaces and streamlined weighing processes. Furthermore, the increasing awareness of the importance of preventive healthcare has led to a growing interest in home-based monitoring devices. Electronic medical scales, being user-friendly and convenient for home use, have gained popularity among individuals proactively managing their health.Segmentation by Type
- Electronic
- Mechanical
GEOGRAPHICAL ANALYSIS
North America holds the most prominent share of the global medical and physician scale market, accounting for over 27% in 2023. The demand for medical and physician scales is increasing in North America due to rising birth rates and organ transplant surgeries in the region. Also, numerous regional medical scale manufacturers contribute to increased demand through competitive dynamics and product innovation. Furthermore, the U.S. medical and physician scale market had the highest revenue share in 2023 worldwide. This increased demand in the U.S. is attributed to residents in long-term care centers and the growing number of bariatric surgeries.Segmentation by Geography
- North America
- US
- Canada
- APAC
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
- Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
COMPETITIVE LANDSCAPE
Companies prioritize mergers and acquisitions to increase their industry share and bolster sales in the current global medical and physician scale market landscape. For instance, in 2023, Marsden Group acquired Bailey Instruments, a Manchester-based manufacturer specializing in single-use and reusable medical devices for general surgery and ENT. This strategic acquisition expands Marsden Group's product portfolio and manufacturing capabilities, positioning them for future growth in international and UK healthcare markets.With Bailey Instruments' expertise and innovative solutions, Marsden Group aims to enhance its offerings and improve patient outcomes worldwide. Moreover, in 2023, Rice Lake Weighing Systems acquired Healthweigh scales to improve its healthcare product line, combining leading technology with tailored solutions for patient care across diverse settings.
Key Company Profiles
- DETECTO
- Seca
- Shekel
- TANITA
- Rice Lake Weighing Systems
Other Prominent Vendors
- A&D Company, Limited
- Adam Equipment
- Befour
- Brecknell Scales
- Charder Electronic
- Contech Instruments
- Doran Scales
- EagleScales
- Fairbanks Scales
- Health o meter
- Inevifit
- InBody
- KERN & SOHN GmbH
- METTLER TOLEDO
- Marsden Group
- MyWeigh
- OHAUS
- OMRON Healthcare
- PCE Instruments
- Radwag Balances and Scales
- Soehnle Industrial Solutions
- Summit Measurement
- SR Instruments
- Truweigh
- Taylor USA
- Wedderburn
- Wunder Sa.Bi. Srl
- Withings
KEY QUESTIONS ANSWERED
1. How big is the medical and physician scale market?2. What is the growth rate of the global medical and physician scale market?
3. Which region dominates the global medical and physician scale market share?
4. What are the significant medical and physician scale market trends?
5. Who are the key players in the global medical and physician scale market?
Table of Contents
Companies Mentioned
- DETECTO
- Seca
- Shekel
- TANITA
- Rice Lake Weighing Systems
- A&D Company, Limited
- Adam Equipment
- Befour
- Brecknell Scales
- Charder Electronic
- Contech Instruments
- Doran Scales
- EagleScales
- Fairbanks Scales
- Health o meter
- Inevifit
- InBody
- KERN & SOHN GmbH
- METTLER TOLEDO
- Marsden Group
- MyWeigh
- OHAUS
- OMRON Healthcare
- PCE Instruments
- Radwag Balances and Scales
- Soehnle Industrial Solutions
- Summit Measurement
- SR Instruments
- Truweigh
- Taylor USA
- Wedderburn
- Wunder Sa.Bi. Srl
- Withings
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 287 |
Published | April 2024 |
Forecast Period | 2023 - 2029 |
Estimated Market Value ( USD | $ 469.89 Million |
Forecasted Market Value ( USD | $ 725.04 Million |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |
No. of Companies Mentioned | 33 |