Veterinary Dental Equipment Market - Size, Share, Trends and Global Forecast 2023
According to the new market research report “Veterinary
Dental Market by Product (Work Station, X-Ray,
Laser, Ultrasonic Scaler, Micromotor, Electrosurgical Unit, Handpieces,
Forceps, Curettes, Retractors, Probe, Sclers), Animal, End User, and Region –
Global Forecast to 2023″, published by MarketsandMarkets™, the Veterinary
Dental Equipment Market is projected to reach USD 490 million by 2023 from USD
329 million in 2018, at a CAGR of 8.3% during the forecast period.
Growth in the global companion animal
population, the rising incidence of veterinary dental problems, and growth in
the number of veterinary practitioners and income levels in developed economies
during the forecast period are the primary drivers for the Veterinary Dental
Equipment Market during the forecast period.
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“The dental equipment segment to account
for the largest market share in 2018”
On the basis of product, the Veterinary
Dental Equipment Market is segmented into equipment, hand instruments,
consumables, and adjuvants. The dental equipment segment is expected to account
for the largest share of the Veterinary Dental Equipment Market in 2018. The
high cost of dental equipment and the rising income level of veterinarians,
resulting in the higher adoption of dental equipment, are major factors
responsible for the large share of this segment.
“The small companion animals Segment is
expected to dominate the Veterinary Dental Equipment Market during the forecast
period of 2018 to 2023”
North America is expected to account for
the largest share of the Veterinary Dental Equipment Market in 2018, followed
by Europe and the Asia Pacific. The growing number of veterinary practices,
increasing number of companion animals, and rising companion animal healthcare
expenditure are some of the key factors driving the growth of the Veterinary
Dental Equipment Market in North America.
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