According to FutureWise analysis, the market for veterinary dental equipment is projected to expand at a CAGR of 8.4% from 2023-2031.
A rapid increase in oral diseases such as periodontal and gingivitis in companion animals is resulting in more awareness among pet owners, thus propelling the market. According to figures released by Animal Medical Center of Wyoming, around 60% of cats and 70% of dogs develop periodontal diseases by the age of 3 to 4. The increasing awareness regarding the maintenance of companion animals has led to the immense demand for pet insurance, hence resulting in the expansion of the market. Growing demand for regular veterinary oral examinations for preventive care of pets is also a key factor proliferating the market. Latest technological advancements in veterinary dental products are accelerating the market growth. The rise in the income level of veterinary practitioners has positively influenced the market.
The market is bifurcated into the product, end-users and animal type. In terms of product, the dental equipment sector is expected to control the growth of the market. The growing usage of electrosurgical techniques and mobile dental x-ray systems is driving the segment growth. Electrosurgical techniques increase efficiency and reduce the procedure time, whereas mobile dental x-ray systems offer enhanced security, animal safety and good image quality.
On the basis of animal type, small companion animals are expected to hold vast shares of the market. Factors such as rising companion animal population and the growing prevalence of dental diseases in companion animals are boosting the market. Based on end-users, veterinary clinics are expected to bolster the market owing to rising dental diseases among pets. The rising demand for modern veterinary facilities and growing veterinary treatment centers is expected to accelerate the market growth. In terms of regions, North America is the global leader of the market. The rising population of companion animals, increasing veterinary practices, clinics, and animal healthcare expenditure remains the major factor for the market proliferation in the region. Asia-Pacific is expected to be a lucrative region for manufacturers owing to rising awareness about oral care for companion animals and the presence of established veterinary dentist clinics in the region. Growing demand for oral disease diagnostics is driving the market growth in the region.