Veterinary Dental Equipment Market Growth, Market Insights and Forecast to 2025

Posted by rekha on November 8th, 2019

The Global Veterinary Dental Equipment Market was valued at US$ 335.2 Mn in 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing to increasing global companion animal population”

Precision Business Insights (PBI) in its report titled “Global Veterinary Dental Equipment Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global veterinary dental equipment market was valued at US$ 335.2 Mn in 2018 and growing at a CAGR of 8.2% over the forecast period owing to growing incidence of periodontal diseases. According to the Animal Medical Center of Wyoming, periodontal disease affects nearly 70% of cats and 87% of dogs over 3 years of age. Rising prevalence of dental disorders in animals coupled growing awareness among the pet owners about the dental diseases and oral hygiene are anticipated to boost the growth of the market over the forecast period. Moreover, favorable government initiatives and reimbursement policies are expected to fuel the growth of the market over the forecast years. However, High cost of veterinary dental equipment’s and pet care costs are anticipated to hamper the growth of the market.

Global veterinary dental equipment market segmented on the basis of product, animal, distribution channel, and region.

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Veterinary hospitals segment accounted for higher revenue share

Based on distribution channel, global veterinary dental equipment market is segmented into veterinary hospitals, veterinary clinics, and others. Veterinary hospitals segment accounted for the largest market share in 2018 and is expected to grow with highest CAGR over the forecast period owing to increased awareness and rise in pet adoption rates in developed countries and rising prevalence of animal dental problems and diseases are expected to drive the growth of the market.

Asia Pacific holds leading position in Global Veterinary Dental Equipment Market

PBI’s global veterinary dental equipment market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, Asia Pacific is expected to account for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to rising pet adoption with rising prevalence and incidence of dental problems for animals. Germany veterinary dental equipment market is developed with exceptional CAGR, due to increased animal dental problems.  Furthermore, surge in awareness of equine farms is predictable to fuel the market size. UK is expected to maintain significant growth rate over the forecast years.

Recent Developments in the Global Veterinary Dental Equipment Market

 

  • In 2018, Dispomed (US) launched Highdent Quattro Plus, its latest in veterinary dental units.
  • In 2018, Eickemeyer (Germany) signed a partnership agreement with Central CPD (UK) to connect with veterinary practitioners through professional training programs and promote the latest medical equipment.
  • In 2015, Henry Schein (US) acquired Jorgen Kruuse A/S (Denmark) to expand the company's Animal Health business in 23 countries with a strong presence in Nordic countries.

Key player’s profiles in the report are IM3 Vet Pty. Ltd (Australia), MAI Animal Health, Dentalaire International (U.S), TECHNIK Technology Ltd. (UK), KRUUSE UK Ltd (UK), VetDent Ltd (UK), Henry Schein (U.S), Wrights Dental (UK), and Cislak Manufacturing Co (UK).

Detailed Segmentation

 

By Product

o   Scissors

o   Sutures

o   Forceps

o   Cannulas

o   Electro Surgery Instruments

o   Others

By Animal

o   Canine

o   Feline

o   Large animals

o   Others

 

 By Distribution Channel  

o   Veterinary hospitals

o   Veterinary clinics

o   Others

Geography

 

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-veterinary-dental-equipment-market/

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rekha

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rekha
Joined: July 26th, 2019
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