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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