The global Veterinary Dental Equipment market size is expected to be worth around US$ 580.8 million by 2028, according to a new report by Vision Research Reports.
The global Veterinary Dental Equipment market size was valued at US$ 324.7 million in 2020 and is anticipated to grow at a CAGR of 7.10% during forecast period 2021 to 2028.
Growing incidence of periodontal diseases in pets is expected to drive growth over the forecast period. Moreover, increasing companion ownership in developing economies is propelling the market. According to a 2017 American Veterinary Medical Association report, around 46% of U.S. households had various types of pets.
Technological advancements and new product launches by key industry players are anticipated to create growth opportunities. For instance, introduction of mobile x-ray units for diagnosis in intensive care units and increase in number of shelters for homeless animals are likely to drive the market for dental x-ray systems over the coming years. Moreover, increase in disposable income and awareness among pet owners regarding their pet’s health is fueling growth.
The veterinary dental equipment market is segmented into hand instruments, equipment, consumables, and adjuvants. Equipment held the largest revenue share in 2020. The segment is further divided into dental x-ray systems, electrosurgical units, stations, lasers, and powered units. expected to show significant growth over the forecast period, owing to associated advantages in oral examination and increasing adoption by veterinary practitioners. It helps visualize 50% of the tooth below the gum, which enables the provision of better treatment options.
Hand instruments can further be sub-segmented into dental elevators, probes, extraction forceps, curettes & scalers, retractors, luxators, and others. Skilled professionals are required to operate hand instruments for periodontal problems. Frequently used hand instruments for diagnoses include scalers, curettes, explorers, and probes. Companies are also developing innovative instruments for better treatment options.
On the basis of animal type, the market is segmented into large and small animals. Small animals include canines & felines and this segment is expected to witness lucrative growth over the forecast period, owing to increasing pet ownership & growing expenditure on companion care. According to the Humane Society of the United States’ reports, around 61.3 million U.S. households had at least one pet dog in 2017. Increasing prevalence of the periodontal disease in pets is driving the market. Early detection and treatment are important as they help prevent the conditions from progressing, which may cause pain or chronic health issues.
Large animals held the leading revenue share in 2020. Dental problems are a very common underlying cause of poor breeding, loss of condition, and low nursing performance. A routine dental prophylaxis is required to maintain good health. Early recognition is ideal for optimal treatment, even though it can be very difficult to identify from only outward signs. According to data from the Academy of Veterinary Dentistry/Equine, around 34% of horses of all ages have some level of periodontal problems and around 13% suffer from severe periodontal disease.
On the basis of end-use, the market is segmented into hospitals & clinics and others. Hospitals & clinics held the highest revenue share during the forecast period and are likely to garner half of the overall revenue share by the end of 2026. This can be attributed to the presence of a wide range of services and skilled professionals. An increase in the number of veterinary dental clinics is expected to propel the market over the forecast period.
The others segment includes research institutes and various animal care centers. This segment is expected to witness significant growth over the forecast period, owing to increasing research initiatives to develop better treatment options. Some investments are also made to enhance diagnostic procedures through the development of next-generation technologies, especially for companion animals.
North America accounted for the largest revenue share in 2020, owing to favorable healthcare infrastructure and increasing government initiatives. Efforts by key players to improve their products and ensure high-quality standards are projected to boost demand for veterinary dental equipment products across this region.
Asia Pacific is expected to experience lucrative growth over the forecast period, owing to increased disposable income and acceptance of pet animals. This is more common to emerging economies of countries such as China and India, which led to a rapid expansion of manufacturing facilities in these countries. Increasing R&D investment by key players and pharmaceutical companies for the development of this market to produce value-added products is anticipated to drive growth in the region.
Im3 Pty Ltd, Dentalaire, Midmark Corporation, and Henry Schein.
Dental X-Ray Systems
Curettes and Scalers
Animal Type Outlook
Hospitals & clinics
Middle East & Africa
The Veterinary Dental Equipment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Veterinary Dental Equipment market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Veterinary Dental Equipment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Veterinary Dental Equipment market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Veterinary Dental Equipment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Veterinary Dental Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Veterinary Dental Equipment by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Veterinary Dental Equipment market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Veterinary Dental Equipment market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Veterinary Dental Equipment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Veterinary Dental Equipment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Veterinary Dental Equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Veterinary Dental Equipment market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Veterinary Dental Equipment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Veterinary Dental Equipment market. These factors have benefited the growth of the global market for Veterinary Dental Equipment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Veterinary Dental Equipment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Veterinary Dental Equipment are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
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