Veterinary Dental Equipment Market by Product (Work Station, X-Ray, Laser, Ultrasonic Scaler, Micromotor, Electrosurgical Unit, Handpieces, Forceps, Curettes, Retractors, Probe, Scalers), Animal, End User, and Region - Global Forecast to 2023
“The global veterinary dental equipment market is projected to grow at a CAGR of 8.3% during 2018-2023”
The global 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% from 2018 to 2023. Growth in the global companion animal population, 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 dental equipment market during the forecast period. However, the increasing cost of pet care is expected to restrain the growth of this market to a certain extent. This problem will be further exacerbated by low animal health awareness and the shortage of skilled veterinarians in emerging markets.
“Mobile veterinary dental X-ray systems to register the highest growth during the forecast period”
On the basis of type, the veterinary dental X-ray systems market is segmented into stationary and mobile dental X-ray systems. The mobile X-ray systems segment is expected to register the highest CAGR during the forecast period. Growth in this segment is mainly due to the growing need for better bedside imaging modalities and increasing usage of mobile X-rays for the diagnosis and monitoring of patients in intensive care units, nursing homes, and shelters for homeless animals, where transfers to hospital radiology departments may be obstacles.
“The small companion animals segment to witness the highest growth in the veterinary dental equipment market”
Based on animal type, the veterinary dental equipment market is segmented into small companion animals and large animals. The small companion animals segment is expected to register the highest CAGR during the forecast period. Growth in the small companion animals segment is mainly driven by rising pet adoption, the rising prevalence of dental diseases in pets, growing expenditure on pet care, and the rising incidence of age-related dental problems in companion animals.
“APAC to be the fastest-growing region in the veterinary dental equipment market during the forecast period”
The Asia Pacific market is projected to register the highest growth rate during the forecast period. Factors such as increasing pet adoption, rising awareness about animal health, and the growing per capita animal health expenditure are some of the key factors driving the growth of the veterinary dental equipment market in the Asia Pacific region. In addition, the increasing number of veterinary professionals and veterinary clinics has resulted in the increasing adoption of veterinary equipment.
The breakdown of primary participants is listed below:
By End User: Tier 1 (33%), Tier 2 (22%), and Tier 3 (45%)
By Designation: C-level (22%), Director-level (56%), and Others (22%)
By Region: North America (31%), Europe (23%), Asia Pacific (23%), Latin America (15%), and the Middle East & Africa (8%)
The 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&J Instruments Inc. (US).
The report analyzes the various types of veterinary dental equipment and their adoption patterns. It aims at estimating the market size and future growth potential of the global veterinary dental equipment market for different segments such as product, animal type, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening their presence in the market.
This report provides insights on the following pointers:
Market Penetration: Comprehensive information on product portfolios offered by the top players in the global veterinary dental equipment market. The report analyzes the global veterinary dental equipment market by product, animal type, end user, and region
Product Development/Innovation: Detailed insights on the upcoming trends and new product launches in the global veterinary dental equipment market
Market Development: Comprehensive information on the lucrative emerging regions by product, animal type, end user, and region
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global veterinary dental equipment market
Competitive Assessment: In-depth assessment of market ranking, growth strategies, and products of leading players in the global veterinary dental equipment market
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