Monday, September 20, 2021

Veterinary Dental Equipment Market Report, Growth Segments - Business Size with Forthcoming Developments, Share, Revenue and Global Trends Forecast 2021 to 2027

 

A comprehensive overview of the Veterinary Dental Equipment Market is recently added by UnivDatos Market Insights to its humongous database. Veterinary dental equipment market report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the veterinary dental equipment market. The veterinary dental equipment market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the veterinary dental equipment market at the global and regional levels. The Global Veterinary Dental Equipment Market is expected to grow at a CAGR of X% during the forecast period 2021-2027.

Market Overview

The major increase in oral diseases such as gingivitis and periodontal diseases in animals and the availability of advanced treatment equipment by the key players are the factors influencing the growth of the veterinary dental equipment market. For instance, in February 2019, Cardinal Pet Care has introduced two new pet dental products at the global pet expo. The products were Remedy+Recovery Plaque Re-Lease Quick Melt, and Remedy+Recovery He-mp Breath Spray to help pet owners in providing home oral care therapies to their pets. Also, the increasing mergers and acquisitions in the veterinary dental equipment firms are expanding the reach of veterinarians to treat more animals. 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. These promotions by key players will boost the growth of the veterinary dental equipment market in the forecast period.

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Further, the rising global companion animal population worldwide is also promoting the veterinary dental equipment market in the forecast period. For instance, according to the study of pet secure, till March 2021, the United States incorporated the highest population of dogs and cats in their households. It was about 69.92 million dogs and 74.05 million cat's population which is larger than any other country across the globe. Additionally, the growing awareness of pet owners about the importance of maintaining pet oral hygiene will propel the veterinary dental equipment market in the upcoming years.

COVID-19 Impact

The Covid-19 pandemic has affected so many areas worldwide, including the economy, as well as many medical fields. The veterinary dental equipment industry as well faced tremendous decline due to the implementation of lockdown and reduced transportation. But after some time when the impact of Covid-19 reduced, the veterinary dental care industry again showed an increment in their practices. For instance, according to the American Veterinary Medical Association survey in April and July 2020, all veterinary practices experienced a decrease in client traffic during the first survey in April 2020, and afterward, in July 2020, many practices were seeing an increase in client traffic compared to the previous year. Almost half of the responding veterinary practices in July saw an increase of 10-30% in client traffic.

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Global Veterinary Dental Equipment Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product, the market is primarily bifurcated into

·       Equipment

o   Dental X-ray System

o   Dental Station

o   Electrosurgical Units

o   Dental Lasers

o   Powered Units

·       Hand Instrument

o   Dental Elevators

o   Dental Probes

o   Extraction Forceps

o   Curette and Scalers

o   Retractors

o   Dental Luxators

·       Consumables

o   Dental Supplies

o   Prophy Products

·       Adjuvants

The equipment segment grabbed the major market share in 2020. The equipment segment is further divided into dental X-ray systems, dental stations, electrosurgical units, dental lasers, and powered units. The dental X-ray system is anticipated to show significant growth during the forecast period owing to its major advantages in dental investigation and growing acceptance by veterinary practitioners.

By Animal Type, the market is primarily bifurcated into

·       Small Companion Animal

·       Large Animal

The small companion animal segment ruled the market and accounted for the maximum share in 2020. According to the American Veterinary Medical Association (AVMA), periodontal diseases affect more than 70% of adult cats and 90% of adult dogs by the age of 3.

By End-User, the market is primarily bifurcated into

·       Veterinary Hospital

·       Veterinary Clinics

·       Academic Institute

The veterinary clinic's segment ruled the major market and generated maximum share in 2020 to the increasing dental diseases among pets and companion animals. Further, growing demand for modern veterinary facilities and expanding veterinary treatment centers are expected to propel the market growth.

Veterinary Dental Equipment Market Geographical Segmentation Includes:

·       North America (United States, Canada, Rest of North America)

·       Europe (Germany, United Kingdom, Italy, France, Spain, Rest of Europe)

·       Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific)

·       Rest of the World

Based on the estimation, North America constitutes a major market for veterinary dental equipment and generated maximum revenue in 2020 owing to the increasing government initiatives, growing expenditure on pet healthcare, developed veterinary dental awareness programs, and the existence of skilled veterinarians.

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The major players targeting the market includes

·       Planmeca

·       Midmark Corporation

·       Henry Schein Inc.

·       Eickemeyer

·       Scil Animal Care

·       iM3 Inc.

·       Dentalaire

·       Dispomed

·       MAI Animal Health

·       Acteon Group

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the veterinary dental equipment market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

         What are the latest trends, new patterns, and technological advancements in the veterinary dental equipment market?

         Which factors are influencing the veterinary dental equipment market over the forecast period?

         What are the global challenges, threats, and risks in the veterinary dental equipment market?

         Which factors are propelling and restraining the veterinary dental equipment market?

         What are the demanding global regions of the veterinary dental equipment market?

         What will be the global market size in the upcoming years?

         What are the crucial market acquisition strategies and policies applied by global companies?

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