Veterinary Dental Equipment Market Growth Drivers, Current Updates, Key Industry Insights and Industry Forecast to 2023

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Summary

Market Research Future one of the well-known brands in market research industry has published a comparative analysis of “Veterinary Dental Equipment Market-Global Forecast to 2023”. Research reveals information on analysis of market size, market share, market segmentation with statistical graphs

Press Release

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.

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Competitive Landscape:

  • J & J Instruments
  • Acteon Group
  • Charles Brungart
  • Henry Schein
  • Dispomed
  • Cislak Manufacturing
  • Dentalaire
  • Midmark Corporation
  • Eickemeyer
  • iM3 Pty Ltd

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.
  • 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.

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