Veterinary Dentistry Equipment Market worth $490 Million by 2023
According to market research report Veterinary Dentistry 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 Dentistry
Equipment Market during the forecast period.
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The small companion animals Segment is expected to dominate the Veterinary Dental Instruments Market during the forecast period of 2018 to 2023
Based on type of animal, the Veterinary Dental Dentistry Market is
segmented into small companion animals and large animals. The small
companion animals segment is expected to account for the largest share
of the Veterinary Dental Equipment Market in 2018. 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.
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 Dentistry 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.
North America to dominate the Veterinary Dental Equipment Market in 2018
North America is expected to account for the largest share of the
Veterinary Dental Instruments 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 Dentistry Equipment Market in North America.
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The prominent players in the Veterinary Dental Equipment Market
are iM3 (Australia), Dentalaire Products International (US), Henry
Schein, Inc. (US), Midmark Corporation (US), Dispomed (Canada), MAI
Animal Health (US), Integra LifeSciences Corporation (US), Acteon Group
(UK), TECHNIK Veterinary Ltd (UK), Cislak manufacturing (US), Eickemeyer
(Germany), and J&J Instruments Inc. (US).
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