Veterinary Dental Equipment Market – Global Forecast to 2023

DUBLIN–(Business Wire)–The“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”
report has been added’soffering.

The veterinary dental equipment market is projected to reach USD 489.8
million by 2023 from USD 328.7 million in 2018, at a CAGR of 8.3% during
the forecast period.

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 the low animal health awareness and a shortage of skilled
veterinarians in emerging markets.

The dental equipment segment accounted for the largest share of 59.0% of
the veterinary dental equipment market in 2017. This segment is
projected to reach USD 282.9 million by 2023 from USD 193.2 million in
2018, at a CAGR of 7.9% during the forecast period. The large share of
this segment can be attributed to the high cost of dental equipment and
the rising income level of veterinarians, resulting in the higher
adoption of dental equipment.

In 2017, North America dominated the veterinary dental equipment market
with a share of 46.7%, followed by Europe. The large share of North
America is attributed to the increasing number of companion animals, and
rising companion animal healthcare expenditure.

The Asia Pacific market is projected to grow at the highest CAGR of 9.3%
during the forecast period. Factors such as increasing pet adoption,
rising awareness about animal health, and growing per capita animal
health expenditure in this region are some of the key growth drivers for
these markets.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Veterinary Dental Equipment Market, By Product

7 Veterinary Dental Equipment Market, By Animal Type

8 Veterinary Dental Equipment Market, By End User

9 Veterinary Dental Equipment Market, By Region

10 Competitive Landscape

11 Company Profiles

  • Acteon Group
  • Charles Brungart
  • Cislak Manufacturing
  • Dentalaire
  • Dispomed
  • Eickemeyer
  • Henry Schein
  • Im3 Pty Ltd
  • Integra Lifesciences
  • J & J Instruments
  • MAI Animal Health
  • Midmark Corporation
  • Technik Veterinary

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Topics: Animal