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Veterinary Scales Market Size
Veterinary Scales Market is expected to exhibit a decent growth rate from 2024 to 2032, owing to the accurate animal weight measurements compared to the standard digital scales. It is designed to gather precise weight measurements of animals to help veterinarians notice the patterns of excessive weight gain or loss. Veterinary scale also aids the process of determining the dosage size of medications, flea and tick preventatives, deworming, as well as preventing overfeeding of animals.
The rising adoption of pets in single-person households, along with focus among pet parents to ensure health & wellness of the companion animals is favoring the product demand. According to the Veterinary Industry Tracker by VetSuccess and the AVMA, in March 2021, veterinary clinics experienced a year-on-year surge in revenue share, reaching 9.1%.
Veterinary Scales Market Trends
A noticeable rise in pet adoption, particularly amid the COVID-19 pandemic, along with an escalating occurrence of animal fatalities attributed to drug overdose, is creating a positive outlook for veterinary scales industry. According to the CDC, xylazine, an animal tranquilizer, is increasingly linked to drug overdose deaths in the U.S., which is likely to impel the product demand to determine the accurate dosage of the medications.
The persisting inflation and the resulting rise in commodity prices might constrain individuals' purchasing power, particularly in developing and underdeveloped economies. This could affect the pace of pet adoption and reduce expenditures on pet care, negatively impacting the market dynamics.
Veterinary Scales Market Analysis
Electronic segment is slated to generate notable revenues through 2032, as they possess advanced designs, ease of handling and improved portability. An increasing number of pet parents opting for healthcare plans including routine diagnostic and treatment of animals will drive product demand. Additionally, increasing innovations and the availability of these devices at affordable price points and compact designs will stimulate segment growth.
Based on end-use, the veterinary diagnostic centers segment is poised to account for a significant market share by 2032, favored by heightened cases of reduced productivity, revenue losses, and public health issues owing to emerging health concerns among livestock in developing economies. Furthermore, the high prevalence of heart diseases among companion animals such as dogs is also projected to propel the segment growth during the forecast period. Within the canine population, Myxomatous Mitral Valve Disease (MMVD) stands out as the predominant cardiac issue, impacting nearly 10% of dogs.
Latin America is set to emerge as a lucrative revenue pocket for the veterinary scales market by 2032, driven by the prevailing number of pet dogs and cats in countries like Brazil. According to Euromonitor, out of the 168 million pets in Brazil, there are 68 million dogs, 42 million birds, and 34 million cats. The substantial increase in expenditure on pet care and the rising emphasis on pet health will drive the demand for veterinary weighing scales, ensuring precise weight-based dosing in animals.
Veterinary Scales Market Share
Prominent players functioning in the global veterinary scales industry include
- Adam Equipment Ltd.
- Arlyn Scales
- UmaTech
- Soehnle Industrial Solutions GmbH
- Coventry Scale Company
- Tanita, Circuits & Systems Inc.
- Brecknell
- DETECTO Scale Company
- Phantom Scales LLC
- Apexx Veterinary Equipment, Inc.
These companies are focusing on new product launches, business expansions, and partnerships to gain a competitive edge over rivals across the global market.
Veterinary Scales Industry News
- In 2022, under the brand name Adam, Adam Equipment Co. Ltd. launched veterinary scales that deliver the durability, dependability, and comfort necessary for a variety of veterinary and animal weighing requirements.