Latin America Veterinary Scales Market Size & Outlook
The veterinary scales market in Latin America is expected to reach a projected revenue of US$ 30.2 millions by 2030. A compound annual growth rate of 5.2% is expected of Latin America veterinary scales market from 2024 to 2030.
Revenue, 2023 (US$Ms)
$21.3
Forecast, 2030 (US$Ms)
$30.2
CAGR, 2024 - 2030
5.1%
Report Coverage
Latin America
Latin America veterinary scales market, 2018-2030 (US$Ms)
Related Markets
Latin America veterinary scales market highlights
- The Latin America veterinary scales market generated a revenue of USD 21.3 millions in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, bench-top was the largest revenue generating configuration in 2023.
- Portable is the most lucrative configuration segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 21.3 millions |
| Market revenue in 2030 | USD 30.2 millions |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Bench-top |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Platform, Bench-top, Portable, Others (Floor scale, Hanging scale, Wheelchair Scales) |
| Key market players worldwide | Mettler-Toledo International Inc, Indutrade AB, RICE LAKE WEIGHING SYSTEMS, Illinois Tool Works Inc, A&D Medical, SR Instruments, Rusty's Weigh Scales & Service, Avante Animal Health |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.4% of the global veterinary scales market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 60.7 millions by 2030.
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Veterinary Scales Market Scope
Veterinary scales market segmentation & scope
Veterinary Scales Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America veterinary scales market report size, by country, 2018-2030 (US$Ms)
Latin America Veterinary Scales Market Share, 2023 & 2030 (US$Ms)
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