Market Overview
The global veterinary dental equipment market was analyzed by Market Research Future (MRFR) and it was projected that a notable CAGR of 9.5% will be attained by the market over the forecast period of 2018 to 2023. The valuation of the veterinary dental equipment market was further stated to surpass its previous valuation of USD 312 million in 2017 by the end of the forecast period in 2023. The increasing incidence of periodontal diseases among animals is said to be one of the biggest driving factors for the global veterinary dental equipment market. Additionally, a vast array of factors is contributing to the overall growth of the market including increasing prevalence of veterinary dental problems, rising awareness about the health of animals, advancements in technologies, and increasing spending on pet insurance. However, the increasing cost associated with advanced dental equipment and the lack of proficient and experienced veterinarians in emerging nations can pose to be a major challenge for the global market.
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Market Segmentation
The global veterinary dental equipment market has been segmented in terms of type, end-user, and components.
By product, the market includes consumables, equipment, hand instruments, and others. The equipment segment is narrowed down into dental stations, dental x-ray systems, dental lasers, electrosurgical units, and powered units. The dental x-ray systems segment is broken down into countertop dental stations, stationary dental x-ray systems, and mobile dental x-ray systems. Whereas the dental stations segment comprises wall-mounted dental stations and mobile cart dental stations. And, the powered unit segment segments into dental handpieces and ultrasonic scalers & micromotors. The hand instruments segment, on the other hand, is branched down into retractors, dental probes, extraction forceps, dental elevators, curettes and scalers, dental luxators, and others. Lastly, the consumables segment is classified into prophy products, dental supplies, and others.
By end-user, the market divides into veterinary clinics, veterinary hospitals, research & academic institutes, and others.
By animal type, the market includes companion animals, large animals, and others.
Regional Analysis
The global veterinary dental equipment market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Middle East and Africa.
The Americas held the highest share to lead the global veterinary dental equipment market. This is due to the piling up expenditure on pet insurance and the presence of a number of major market players in the region. The US, in particular, boasts a huge population of pet owners. These pet owners spend considerable time on routine vet expenses and surgical visits to the vet. As per the statistics revealed by the American Pet Products Association (APPA), close to 65% of the US population own a pet, thereby aiding in the growth of the regional market.
Elsewhere, Europe stood out as another key regional market globally by ranking in the second spot. This is due to the widespread prevalence of periodontal diseases across the region. Asia Pacific was reported to be the fastest growing regional market over the forecast period. The growth of the region in veterinary dental equipment is due to the increasing awareness among consumers about animal healthcare. Lastly, the market in Middle East and Africa is expected to attain the least share over the forecast period because of the lack of economic development, particularly in the African region.
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Competitive Landscape
The global veterinary dental equipment market comprises a host of key players. This includes names like J & J Instruments, Acteon Group, Charles Brungart, Inc. (Cbi), Henry Schein, Dispomed, Cislak Manufacturing, Dentalaire, Midmark Corporation, Eickemeyer, iM3 Pty Ltd, Integra Lifesciences, MAI Animal Health, Technik Veterinary, and others.
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According to market research report Veterinary Dental Equipment Market is projected to reach USD 490 million by 2023 from USD 329 million in 2018, at a CAGR of 8.3% during the forecast period.Ask for Free PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155083837Growth in the global companion animal population, the rising incidence of veterinary dental problems, and growth in the number of veterinary practitioners and income levels in developed economies during the forecast period are the primary drivers for the Veterinary Dentistry Equipment Market during the forecast period.North America to dominate the Veterinary Dental Equipment Market in 2018North America is expected to account for the largest share of the Veterinary Dental Instruments Market in 2018, followed by Europe and the Asia Pacific.
The growing number of veterinary practices, increasing number of companion animals, and rising companion animal healthcare expenditure are some of the key factors driving the growth of the Veterinary Dentistry Equipment Market in North America.The small companion animals Segment is expected to dominate the Veterinary Dental Instruments Market during the forecast period of 2018 to 2023Based on type of animal, the Veterinary Dental Dentistry Market is segmented into small companion animals and large animals.
The small companion animals segment is expected to account for the largest share of the Veterinary Dental Equipment Market in 2018.
The large share of this segment can be attributed to the growing companion animal population, increasing pet care expenditure, and the high prevalence of dental diseases in companion animals.The dental equipment segment to account for the largest market share in 2018On the basis of product, the Veterinary Dental Equipment Market is segmented into equipment, hand instruments, consumables, and adjuvants.
The dental equipment segment is expected to account for the largest share of the Veterinary Dentistry Equipment Market in 2018.
The high cost of dental equipment and the rising income level of veterinarians, resulting in the higher adoption of dental equipment, are major factors responsible for the large share of this segment.Recent Developments -In 2018, Dispomed (US) launched Highdent Quattro Plus, its latest in veterinary dental units.In 2018, Eickemeyer (Germany) signed a partnership agreement with Central CPD (UK) to connect with veterinary practitioners through professional training programs and promote the latest medical equipment.In 2015, Henry Schein (US) acquired Jorgen Kruuse A/S (Denmark) to expand the company's Animal Health business in 23 countries with a strong presence in Nordic countries.Request Free Report Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=155083837The prominent players in the Veterinary Dental Equipment Market are iM3 (Australia), Dentalaire Products International (US), Henry Schein, Inc. (US), Midmark Corporation (US), Dispomed (Canada), MAI Animal Health (US), Integra LifeSciences Corporation (US), Acteon Group (UK), TECHNIK Veterinary Ltd (UK), Cislak manufacturing (US), Eickemeyer (Germany), and J Instruments Inc. (US).
According to the latest report by IMARC Group “Veterinary Dental Equipment Market Trends: Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global veterinary dental equipment market exhibited moderate growth during 2015-2020.
Looking forward, IMARC Group expects the global market to grow at a CAGR of around 6% during the forecast period (2021-2026).Veterinary dental equipment refers to specialized tools that allow dental professionals for better visual access during an oral examination of animals.
Some of the most commonly used veterinary dental equipment includes extraction forceps, probes, curettes, luxators, deciduous elevators, and tartar.
They are designed to help veterinary dentists clean, extract, fill, adjust, repair and examine the teeth and gums to identify problems related to animal oral healthcare.Request for a free sample copy of this report: https://www.imarcgroup.com/veterinary-dental-equipment-market/requestsampleNote: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
These observations will be integrated into the report.Market Trends:The growing awareness among pet owners regarding the maintenance and importance of pet oral hygiene and increasing investments by individuals in their pets’ health represent the primary factors driving the global veterinary dental equipment market.
Besides this, the rising incidences of periodontitis and gingivitis among animals that consist of a wide range of inflammatory conditions that affect the supporting structures of the teeth have also led to the rapid adoption of dental equipment worldwide.
