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 their income levels in developed economies are the primary drivers for the veterinary dental equipment market.
New York, June 22, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Veterinary Dental Equipment Market by Product, Animal Type, End User - Global Forecast to 2026" - https://www.reportlinker.com/p05715666/?utm_source=GNW
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 holds the highest market share, by product, in theveterinary dental equipment market, in the forecast period.
By product, the global veterinary dental equipment market is segmented into dental equipment, Hand instruments, consumables and Adjuvants.The equipment segment accounted for the largest share in the forecast year.
The large share of this segment can be attributed to the high cost of dental equipment and the rising income level of veterinarians, which is resulting in the higher adoption of dental equipment.
The X ray system segment to grow at the highest CAGR in the veterinary dental equipmentmarket, in the forecast period.
Based on type, the equipment segment is further divided into dental stations, dental X-ray systems, scalers, powered units, lasers, and electrosurgical units. Dental X ray system accounted for the largest share in the equipment segment during the forecast period.The cost for implementing dental radiology has been minimal, and new dental X-ray machines (CR systems) are available for around USD 3,000. Digital systems typically cost around USD 6,000–16,000 and are rapidly becoming the standard in veterinary practices as they offer rapid results.
The growing companion animal population promote the growth of this segment in the forecast period.
Based on animal type, the veterinary dental equipment market is segmented into small companion animals and large animals.The small companion animals segment accounted for the largest market share in the forecast period.
The large share of this segment can be attributed to the growing companion animal population, increasing pet care expenditure, and the high prevalence of dental diseases in companion animals.
In veterinary dental equipment market by end user segment, Veterinary Hospital holds the highest market share
Based on end user, the veterinary dental equipment market is segmented into veterinary clinics, veterinary hospitals, and academic institutes.Veterinary hospitals are the major end users in the veterinary dental equipment market during the forecast period.
The large share of this segment can primarily be attributed to the growing number of veterinarians, the increasing number of veterinary practices, and the increasing need for complete treatment under one roof. The rising awareness among pet owners regarding routine and preventive care and improving government initiatives for veterinary practices are also expected to propel the growth of this segment in the coming years.
North America holds the largest share in theveterinary dental equipment market, by region, in the forecast period
The veterinary dental equipment market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.The veterinary dental equipment market in North America accounted for the largest market during the forecast period.
The large share of North America in this market is attributed to the increasing number of companion animals and rising companion animal healthcare expenditure in the region. However, the Asia Pacific market is estimated to grow at the highest CAGR during the forecast period owing to factors such as the increasing pet adoption, rising awareness about animal health, progressive urbanization, and the growing per capita animal health expenditure in several APAC countries.
A breakdown of the primary participants for the veterinary dental equipment marketreferred to for this report is provided below:
• By Company Type: Tier 1–33%, Tier 2–22%, and Tier 3–45%
• By Designation: C-level–22%, Director Level–56%, and Others–22%
• By Region: North America–31%, Europe–23%, Asia Pacific–23%,Latin America – 15%, Middle East & Africa- 8%
The prominent players in the global veterinary dental equipment market arePlanmeca Oy (Finland), Midmark Corporation (US), Henry Schein, Inc. (US), Integra LifeSciences Corporation (US), Eickemeyer(Germany), Scil Animal Care(Germany), iM3 (Australia), Dentalaire (US), Dispomed (Canada), MAI Animal Health (US), Acteon Group (UK), TECHNIK Veterinary Ltd. (UK), Cislak Manufacturing (US), and J & J Instruments, Inc. (US), Charles Brungart(US), Covertus Tm(US), Aribex(US), Healthymouthllc(US), MyVet(UK), NewTom(US).
The report analyzes the market for various veterinary dental equipmentand their adoption pattern.It aims at estimating the market size and future growth potential of the global veterinary dental equipment marketand different segments such asproduct, animal type, end userand region.
The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, product& service offerings, and recent developments.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would helpthemgarner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening theirmarket presence.
This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the global veterinary dental equipmentmarket
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities,and product or service launches in the global veterinary dental equipmentmarket
• Market Development: Comprehensive information on the lucrative emerging regionsby products, end user,and region
• Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in theglobal veterinary dental equipment market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, revenue analysis,and products& services of leading players in theglobal veterinary dental equipment market.
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