Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product (Regular Scales, Infant and Baby Scales, Wheelchair Scales, Others), By Application (Hospital, Household, Others) And Competitive Landscape
Product Code: ETC399945 | Publication Date: Jan 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Latin America Medical Scales Market is estimated to evolve in the coming years. The sector has been rising rapidly and it will continue rising during the forecast period as many factors have been contributing to the growth of this industry in the region.
According to 6Wresearch, the Latin America Medical Scales Market size is expected to grow during 2023-2029. The market in the region has been propelling and it is estimated that the sector will continue propelling in the near future. Rising population in the Latin American countries and growing prevalence of obesity are the main factors stimulating the sector. The number of obese individuals has increased attributed to the change in diet and lifestyle. Therefore, with the growing prevalence of obesity, there is a rise in demand for medical scales which can aid in early diagnosis and obesity management.
The rising geriatric population in the region is another key factors supporting the sector growth since geriatric population is susceptible to many chronic disease which include diabetes, osteoporosis, arthritis, etc, and it needs regular monitoring. Medical scales are best for monitoring different viral parameters like Body Mass Index (BMI), height, weight, etc, and it supports in early diagnosis as well as treatment of such diseases. Rising access to healthcare is also stimulating the growth of medical scales in the continent. Lack of skilled labours, limited reimbursement coverage, and high prices associated with digital medical scales are some major challenges the market is currently dealing with. The sector will overcome these key challenges soon in the near future. The opportunities for growth are rising in the sector and it is the key reason the competition is becoming intense in the sector. The number of companies operating in the sector is growing as people know they can progress in the sector.
The pandemic had a severe impact on the Medical Scale Market in Latin America. The pandemic disrupted supply chains, productions, and created shortages in the supply of services and products. To mitigate the crisis, governments of Latin America countries have implemented a number of measures like lockdowns, work from home directives, travel restrictions, as well as social distancing campaigns that affected the demand for medical scales in all Latin America nations. Moreover, owing to disruptions in procurement processes caused by pandemic related challenges such as supplier delays or transformations in quality control procedures, medical scales availability limited the growth of the market. The sector came across a number of challenges during the tough time. The Latin America Medical Scales Market share decreased when the pandemic hit the continent.
Based on countries, the Medical Scales Market in Latin America is fragmented into Brazil, Mexico, Argentina, and Rest Of Latin America. Brazil is anticipated to dominate the sector over the forecast period. The nation has a major base of geriatric population as well as rising number of outpatient visits. Also, initiatives taken by the government to enhance healthcare infrastructure are driving the sector growth in the country.
Based on product, the Latin America Medical Scales Industry is fragmented into Regular Scales, Infant And Baby Scales, Wheelchair Scales, Others. Out of these, regular scales segment is anticipated to evolve.
Based on application, the sector is fragmented into Hospital, Household, and Others. Out of these, the hospital segment is projected to register a maximum growth in the sector.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Medical Scales Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Medical Scales Market Revenues & Volume, 2022 & 2019F |
3.3 Latin America Medical Scales Market - Industry Life Cycle |
3.4 Latin America Medical Scales Market - Porter's Five Forces |
3.5 Latin America Medical Scales Market Revenues & Volume Share, By Countries, 2022 & 2019F |
3.6 Latin America Medical Scales Market Revenues & Volume Share, By Product, 2022 & 2019F |
3.7 Latin America Medical Scales Market Revenues & Volume Share, By Application, 2022 & 2019F |
4 Latin America Medical Scales Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Medical Scales Market Trends |
6 Latin America Medical Scales Market, 2019 - 2019 |
6.1 Latin America Medical Scales Market, Revenues & Volume, By Product, 2019 - 2019 |
6.2 Latin America Medical Scales Market, Revenues & Volume, By Application, 2019 - 2019 |
7 Brazil Medical Scales Market, 2019 - 2019 |
7.1 Brazil Medical Scales Market, Revenues & Volume, By Product, 2019 - 2019 |
7.2 Brazil Medical Scales Market, Revenues & Volume, By Application, 2019 - 2019 |
8 Mexico Medical Scales Market, 2019 - 2019 |
8.1 Mexico Medical Scales Market, Revenues & Volume, By Product, 2019 - 2019 |
8.2 Mexico Medical Scales Market, Revenues & Volume, By Application, 2019 - 2019 |
9 Argentina Medical Scales Market, 2019 - 2019 |
9.1 Argentina Medical Scales Market, Revenues & Volume, By Product, 2019 - 2019 |
9.2 Argentina Medical Scales Market, Revenues & Volume, By Application, 2019 - 2019 |
10 Rest of Latin America Medical Scales Market, 2019 - 2019 |
10.1 Rest of Latin America Medical Scales Market, Revenues & Volume, By Product, 2019 - 2019 |
10.2 Rest of Latin America Medical Scales Market, Revenues & Volume, By Application, 2019 - 2019 |
11 Latin America Medical Scales Market Key Performance Indicators |
12 Latin America Medical Scales Market - Opportunity Assessment |
12.1 Latin America Medical Scales Market Opportunity Assessment, By Countries, 2022 & 2019F |
12.2 Latin America Medical Scales Market Opportunity Assessment, By Product, 2022 & 2019F |
12.3 Latin America Medical Scales Market Opportunity Assessment, By Application, 2022 & 2019F |
13 Latin America Medical Scales Market - Competitive Landscape |
13.1 Latin America Medical Scales Market Revenue Share, By Companies, 2022 |
13.2 Latin America Medical Scales Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |