Veterinary Dental Equipment Market Size: Key Players, Future Trends, Growth Drivers, Strategy, Price, and Gross Margin Through 2
The global veterinary dental equipment market size was USD 366.5 Million in 2022 and is expected to register a steady revenue CAGR of 7.7% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of companion animals is a key factor driving market revenue growth. The American Society for Prevention of Cruelty to Animals (ASPCA) and Humane Society estimate that between 3.5 and 4.1 million dogs and cats are adopted each year in the U.S.. As millennial and Generation Z consumers reached adulthood, they embraced their pet-owning and pet-loving lifestyles far more than their predecessors. In 2020, households headed by millennials account for roughly 60% of pet ownership, while households headed by baby boomers account for roughly 30%.
In addition, increasing prevalence of veterinary dental disorder is another key factor driving market revenue growth. Dental health is important for pets overall health and behavior; therefore, a yearly dental check-up is recommended. Prevention is the most important factor in managing dental disorders, so cleaning plaque formation with regular teeth cleaning and brushing is essential. According to AVMA, by the age of three, approximately 70% of cats and 80% of dogs have some form of periodontal disease. Calculus, gingivitis, gum disease, and tooth fractures are all common oral problems in pets.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Dentalaire, International, iM3Vet Pty Ltd., Dispomed Ltd, Midmark Corporation, Integra LifeSciences, MIA Animal Health, Acteon Group, Cislak International, Inc., CBI Dental, and Henri Schein, Inc.
Target Audience of the Global Veterinary Dental Equipment Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Veterinary Dental Equipment Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Veterinary Dental Equipment market on the basis of product, application, and region:
Segments Covered in this report are:
- Product Outlook (Revenue, USD Million; 2019-2032)
- Equipment
- Hand Instrument
- Consumables
- Adjuvants
- Animal Type Outlook (Revenue, USD Million; 2019-2032)
- Large Animal
- Small Animal
- End-Use Outlook (Revenue, USD Million; 2019-2032)
- Hospitals & Clinics
- Academic Institute
- Others
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Some Key Highlights From the Report
- The equipment segment accounted for largest share in the global healthcare digital twin market in 2022. This is owing to associated benefits in oral examination, rising acceptance by veterinary practitioners, and increasing therapeutic options by making 50% of teeth below the gum line visible.
- The small animals segment revenue is expected to register largest revenue share during the forecast period. This is due to rising prevalence of periodontal disease in dogs. According to Humane Society of the U.S. Data, approximately 61.3 million homes in the U.S. Had at least one pet dog. Early detection and treatment are critical because they prevent illnesses from worsening and causing discomfort or long-term health issues.
- The North America market is expected to account for largest revenue share over the forecast period. This is due to increasing adoption of pets, technological advancements, and presence of key players in this region.
Additional information offered by the report:
- Along with a complete overview of the global Veterinary Dental Equipment market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Veterinary Dental Equipment market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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