(MENAFN- GetNews) According to a recent report published by Grand View Research Inc., increase in incidences of periodontal diseases in animals is expected to contribute towards significant demand for veterinary dental equipment in the following years. Additionally, the growing trend of pet keeping and wide availability of veterinary doctors is anticipated in production of better equipment.
According to the report, ' Veterinary Dental Equipment market Size, Share, & Trends Analysis Report By Product (Equipment, Hand instruments), By Animal Type (Large, Small), By End Use (Hospitals & Clinics), By Region, And Segment Forecasts, 2019 - 2026, the growth in periodontal disease in animals has resulted in a huge demand for veterinary dental equipment in the past few years. Moreover, the growing demand for indoor pets has considerably resulted in a high adoption of pets in the urban population. This calls in for pet professionals and veterinarians on a large scale.
The industry is marked by the presence of various small and large companies and is competitive. These players are involved in ongoing strategic initiatives, such as new product launch, technological advancements, and mergers & acquisitions, to improve their standing. In its recent blog, Dispomed mentions about the latest products and models. For instance, LW8 LITE and 9x Models are dominating the mainstream Co2 business.
An increase in favorable government initiatives and reimbursement policies are other key factors aiding growth. According to an APPA report, the average spend on the dental health of dogs in the U.S. was around USD 49.70, as of 2018. Periodontal diseases include periodontitis and gingivitis. Increasing awareness among pet owners about the maintenance of pet oral hygiene is anticipated to help improve the adoption of dental equipment over the coming years. Increased pet ownership is another factor propelling growth.
Veterinary Dental Equipment Market Report Highlights:
On the basis of products, equipment held the major share in 2018, owing to a broader usage aspect and advantages of newer products
Dental x-ray systems held the largest share within the equipment segment as of 2018, owing to advantages over oral examination such as increased accuracy
By animal type, small animals is expected to show fastest growth over the coming years. This is due to increasing expenditure on healthcare of companion animals and untapped opportunities in developing economies
Hospitals & clinics acquired the major revenue share in 2018, as an end-use segment, and is expected to grow at the fastest CAGR
Asia Pacific is expected to emerge as the fastest growing region in veterinary dental equipment market. The U.S. currently has the highest number of companies, which has contributed to the large share held by North America
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Grand View Research has segmented the global veterinary dental equipment market based on products, animal type, end-use, and region:
Veterinary Dental Equipment Product Outlook (Revenue, USD Million, 2014 - 2026)
- Equipment
Dental X-Ray Systems - Electrosurgical Units
- Dental Stations
- Dental Lasers
- Powered Units
Hand Instruments
Dental Elevators Dental Probes Extraction Forceps Curettes and Scalers Retractors Dental Luxators Others Consumables
Dental Supplies Prophy Products Others Veterinary Dental Equipment Animal Type Outlook (Revenue, USD Million, 2014 - 2026)
- Large Animal
- Small Animal
Veterinary Dental Equipment End-use Outlook (Revenue, USD Million, 2014 - 2026)
- Hospitals & clinics
- Others
Veterinary Dental Equipment Regional Outlook (Revenue, USD Million, 2014 - 2026)
- North America
U.S. - Canada
Europe
U.K. Germany France Italy Spain Asia Pacific
Japan China India - Latin America
Brazil - Mexico
Middle East & Africa - South Africa
- Saudi Arabia
List of Key Players in Veterinary Dental Equipment Market Report
Im3 Pty Ltd
Dentalaire
Midmark Corporation
Henry Schein
Dispomed
Central CPD
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Veterinary Equipment And Disposables Market
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