Target Audience of Veterinary Scales Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters, Association and government bodies.
Veterinary Scales Market Report provides key statistics on the market status of the Veterinary Scales Key-players/Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Industry
The Veterinary Scales Market is expected to register a growth rate of approximately 5.5% during the forecast period, 2018-2023. Veterinary Scales refer to a weight-measuring instrument that is used in order to perform an initial physical examination of animals.
The market is primarily driven by a rise in awareness about animal health examination and check-ups, growth in demand for weight-based diet and drug dosing, product innovation, and competitive pricing. As per the geographical analysis, North America followed by Europe are expected to dominate the market, while Asia-Pacific is expected to exhibit fastest growth rate owing to the factors such as rise in awareness about pet health and ongoing technological innovations owing to rapid westernization.
Growth in Demand of Weight-Based Diet and Drug Dosing to Propel the Veterinary Scales Market
The rise in prevalence of animal death and diseases owing to both drug overdose as well as excessive food consumption is expected to propel the market growth. According to a report published in the Whole Dog Journal in 2017, a dog diagnosed with a mass on its spleen went into cardiac arrest during surgical procedure owing to an overdose of medication to address a series of non-critical arrhythmias. In order to avoid such incidents, and to determine the effective dose (or dose range) of veterinary medicines, generally, a dose calibration study is employed in mg of active ingredient per kg of body weight per day. Then the inclusion rate in feed can be calculated, taking the required daily dose (mg/Kg body weight/day) and the expected daily feed consumption (kg per head) into consideration, thus making the prescription of the right dosage of medication, deworming and supplements possible.
Similarly, according to the American Society for the Prevention of Cruelty to Animals (ASPCA), one of the most common concerns pet owners should have, is overfeeding, which is excessive food consumption with respect to the actual requirements by the body. The primary solution to this growing problem is to correct pet’s diet. Owing to the fact that overweight animals consume more calories than they require, pet’s caloric requirements as per their body weight should be determined.
In addition to the aforementioned factors, weighing animals is also a significant aspect associated with various operations such as monitoring an animal’s health, determining formulation and amount of feed for livestock, discovering and monitoring animal pregnancies, tracking the growth of new-born and baby animals, administering medications for sick animals, suggesting exercise for overweight/underweight animals. Additional, increase in awareness about pets’ health, product innovation, and competitive pricing are expected to propel the market growth over the forecast period.
Lack of Precision and Unresponsiveness of Veterinary Scales to Limit the Market Growth
Error in precision, accuracy, and resolution associated with some of the veterinary scales are expected to restrain the market growth. Accuracy and precision are the essential quality for weighing scales, and hence there are methods for testing and calibrating the equipment. Depending upon the purpose of the scales, their accuracy and precision requirements may vary, owing to the fact that scales that are used to weigh livestock tends to have lower accuracy requirements, while scales used in research laboratories specifically require extremely high resolution and precision. Precision which is needed all the time is different from accuracy which is required once. If the same object is repeatedly weighed, but different measurements are observed each time, that is called low precision. Mainly the mechanical scales along with few electronic scales experience issues with precision and accuracy, resulting in inaccurate weight measurements which in turn leads to improper drug dosage, wrong medication, imbalanced diet, and thus making it an essential issue for veterinary scales, which is expected to restrain the market. Hence, impeding the market growth.
North America to Dominate the Veterinary Scales Market
North America is expected to retain its dominance in Veterinary Scales Market over the forecast period owing to the rising companion animal adoption, growing disposable income and increasing per capita animal healthcare expenditure. In addition, increasing awareness about various health issues associated with pet’s body weight among the pet owners, rise in product innovation, and competitive pricing are some other significant factors for driving the growth of the Veterinary Scales Market in North America.
Europe being the second largest market for Veterinary Scales is expected to follow North America. Asia-Pacific is expected to demonstrate the highest growth rate owing to factors such as large livestock population, requirements for their routine check-ups, and increasing awareness about disease and death of pets due to drug overdose and overeating. Hence, the aforementioned factors are expected to fuel the growth of the Veterinary Scales Market in the Asia Pacific.
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Major companies covered in this Report:
- Adam Equipment Ltd
- apexx Veterinary Equipment
- Circuits & Systems Inc. Arlyn Scales
- Coventry Scale Company
- DETECTO Scale Company
- Phantom Scales LLC
- Soehnle Industrial Solutions GmbH
- and UmaTech among others.
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This Veterinary Scales market report offers an overview of the market trends, drivers, and barriers with respect to the market. A detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Veterinary Scales market.