Global Veterinary Dental Equipment Market is Anticipated to Value Over USD 450 Million by 2026 End

  • 16 Aug 2019

The global veterinary dental equipment market is estimated to value over USD 450 million by 2026 end and register a CAGR of over 7.3% from the forecast period 2019-2026.

Rising cases of periodontal and systemic diseases affecting the internal organs and raising awareness about it are the key factor driving the market. Furthermore, the growing demand for regular veterinary oral examinations for preventive care of pets is an integral factor proliferating the market. Latest technological advancements in veterinary dental products are accelerating veterinary dental equipment market growth. The rise in the number of veterinary practitioners coupled with the rapid increase of the companion animal population is bolstering the veterinary dental equipment market growth.

In terms of product, the dental equipment sector is expected to control the market growth owing to the rising cost of dental equipment and increasing income of veterinarians. The stationary units are widely considered due to its image flexibility. Rise in mobile dental x-ray systems due to enhanced security and comfort for animals is driving the veterinary dental equipment market growth.

On the basis of animal type, small companion animals are expected to hold major market shares. Factors such as rising companion animal population and the growing prevalence of dental diseases in companion animals are boosting the market. In addition, the rising pet care expenditure is positively influencing the market.

Based on end-users, veterinary hospitals are anticipated to showcase immense growth due to the increasing demand for modern and large veterinary facilities. The growing trend of routine oral examination coupled with growing consolidation of veterinary centres is stimulating the veterinary dental equipment market growth.

In terms of regions, North America accounts for a vast share of the market. Growing animal healthcare expenditure and the prevalence of multiple animal oral diseases is bolstering the market in the region. Additionally, rising pet adoption is positively influencing the market.

Asia-Pacific region is expected to showcase exponential growth. Emerging economies like China, India, and South Korea are offering lucrative opportunities for manufacturers and key players. Rising incidences of zoonotic diseases and growing demand for oral disease diagnostics is driving the veterinary dental equipment market growth in the region.

Prominent players of the market are Dentalaire Products International, Acteon Group, Cislak manufacturing, Midmark Corporation Henry Schein, Inc., Eickmeyer, TECHNIK Veterinary Ltd, MAI Animal Health and Dispomed

Competitive Landscape:

  • Henry Schein is one of the biggest players in the market. Henry Schein offers veterinary dental products and their main strategy for expansion and strengthening the market position is through acquisitions. The company earned a sale of around USD 240 million through the veterinary dental product. The company acquired Jorgen Kruuse which helped them in expanding their services across Europe
  • Dispomed in 2018, launched its new product Highdent Quattro Plus
  • Eickemeyer in 2018 collaborated with Central CPD to link veterinary practitioners through training programs. The collaboration also helped in the promotion of the latest medical equipment

Global Veterinary Dental Equipment Market Segmentation

By Product

  • Dental X-Ray Systems
    1. Stationary Dental X-Ray Systems
    2. Mobile Dental X-Ray Systems
  • Electrosurgical Units
  • Dental Stations
  1. Mobile Cart Dental Stations
  2. Countertop Dental Stations
  3. Wall-Mounted Dental Stations
  4. Dental Lasers
  • Powered Units
  1. Ultrasonic Scalers & Micromotors
  2. Dental Handpieces
  • Hand Instruments
    1. Dental Probes
    2. Extraction Forceps
    3. Cutters and Scalers
    4. Retractors
    5. Dental Luxators
  • Consumables
  1. Dental Supplies
  2. Prophy Products

By Animal Type

  • Small Companion Animals
  • Large Animals

By End User

  • Veterinary Hospitals
  • Veterinary Clinics

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World

FutureWise Key Takeaways

●    Growth Prospects

●    SWOT Analysis

●    Key Trends

●    Key data-points affecting market growth

Objectives of the Study:

• To provide with an exhaustive analysis on the global veterinary dental market by product, by animal type, by end-user, and by region

• To cater to comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

• To evaluate and forecast micro-markets and the overall market

• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and the rest of the world

• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers, and expansions

• Profiling of companies to evaluate their market shares, strategies, financial and core competencies

 

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