Global Veterinary Dental Equipment Market, By Product (Equipment, Hand Instruments, Consumables, Adjuvants, and Others), Animal Type (Large and Companion Animals), End User (Veterinary Hospitals, Clinics, and Others) – Industry Trends and Forecast to 2030.
Veterinary Dental Equipment Market Analysis and Size
According to a 2017 American Pet Products Association (APPA) survey, the estimated canine population in the United States increased from 69.9 million in 2012 to 89.7 million in 2016. In 2016, the estimated feline population increased from 74.05 million in 2012 to 8.66 million. According to the survey, 85 million American households owned a pet in 2017. The pet industry in the United States spent USD 69.5 million in 2017. Other important factors assisting growth include increased favorable government initiatives and reimbursement policies.
Data Bridge Market Research analyses that the veterinary dental equipment market, which was USD 38.50 million in 2022, is expected to reach USD 70.37 million by 2030, at a CAGR of 7.83% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Veterinary Dental Equipment Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Equipment, Hand Instruments, Consumables, Adjuvants and Others), Animal Type (Large and Companion Animals), End User (Veterinary Hospitals, Clinics and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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iM3 (Australia), Dentalaire International (U.S.), Henry Schein, Inc. (U.S.), Midmark Corporation (U.S.), Dispomed ltd. (Canada), MAI Animal Health (U.S.), Integra Lifesciences (U.S.), Acteon Group Ltd. (U.K.), TECHNIK Ltd (U.K.), Cislak Manufacturing Inc. (U.S.), Eickemeyer (Germany), and J&J Instruments Inc. (U.S.)
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Market Opportunities
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Market Definition
Veterinary dental equipment refers to specialized instruments made specifically for use on animals. Some of the most commonly used veterinary dental equipment include luxation, elevators, extraction forceps, probes, curettes, deciduous elevators, and tartar. They assist veterinary dentists in cleaning, extracting, filling, adjusting, repairing, and inspecting teeth and gums to identify problems and other aspects of animal oral healthcare. Dental equipment has grown in popularity recently as the prevalence of periodontitis and gingivitis in animals has increased.
Global Veterinary Dental Equipment Market Dynamics
Drivers
- The rise in veterinary services
According to an AmerisourceBergen Corporation report, veterinary services in the United States fell 31% in the first quarter of 2020 compared to the previous year's period. In addition, the vaccination program has been reduced by 19% in the last year. However, the market showed a V-shaped recovery in the second quarter of 2020, and clinics began to rebound, with services increasing by 10% year on year in the second quarter of 2020. Senior wellness bloodwork showed the greatest increase of 24% year on year. The aforementioned factors are driving the market growth.
- Rising pet ownership
Rising pet ownership and out-of-pocket spending by pet owners are expected to drive growth over the forecast period. Increased demand for pet insurance and claims will almost certainly result in increased demand for better treatment options. According to a NAPHIA report, the total number of insured pets in the United States and Canada exceeded 2 million in 2018, with the market average increasing by 17% year on year.
Opportunities
- Rising number of veterinary surgeries
A growing number of veterinary surgeries is propelling the market forward. For instance, according to an AVMA report, pet owners in the United States spent USD 15.42 billion on veterinary surgeries in 2017. Periodontal disease has been discovered in more than 80% of the mature and senior pet population, requiring surgery. Furthermore, rising disposable income in developing countries like China and India is boosting growth due to untapped opportunities.
Restraints/Challenges
- Absence of knowledge about developed advancements
The absence of knowledge about developed advancements in pet care by owners is most likely to be hampered by the growth of the veterinary dental equipment market. However, the rising cost of pet care is expected to limit the market's growth to some extent. This problem will be exacerbated in emerging markets by low animal health awareness and a shortage of skilled veterinarians.
This veterinary dental equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the veterinary dental equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent developments
- In January 2021, Davies Veterinary Specialists in Hitchin and Southfields Veterinary Specialists in Essex, both in the United Kingdom, launched advanced veterinary dentistry and maxillofacial surgery services for pets. Such developments will also fuel market growth over the forecast period.
- In May 2022, With a Rs 278 crore investment, Andhra Pradesh Chief Minister Sri YS Jagan Mohan Reddy launched 175 Mobile Ambulatory Veterinary Clinics (MAVCs). The state government intended to establish 340 Dr. YSR Sanchaara Pasu Aarogya Seva or Mobile Ambulatory Veterinary Clinics (MAVC) throughout the state to improve service delivery and make veterinary services provided by the animal husbandry department more accessible to the public.
Global Veterinary Dental Equipment Market Scope
The veterinary dental equipment market is segmented on the basis of product, animal type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights
Animal Type
- Large Animal
- Small Companion Animal
Product
- 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
- Adjuvants
End Use
- Hospitals and Clinics
- Others
Veterinary Dental Equipment Market Regional Analysis/Insights
The veterinary dental equipment market is analysed and market size insights and trends are provided by country, product, animal type and end user as referenced above.
The countries covered in the veterinary dental equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the veterinary dental equipment market because of the region's well-developed healthcare infrastructure and favourable reimbursement policies.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030, owing to the growing dental equipment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The veterinary dental equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for veterinary dental equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary dental equipment market. The data is available for historic period 2011-2021.
Competitive Landscape and Veterinary Dental Equipment Market Share Analysis
The veterinary dental equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to veterinary dental equipment market.
Some of the major players operating in the veterinary dental equipment market are:
- iM3 (Australia)
- Dentalaire International (U.S.)
- Henry Schein, Inc. (U.S.)
- Midmark Corporation (U.S.)
- Dispomed ltd. (Canada)
- MAI Animal Health (U.S.)
- Integra Lifesciences (U.S.)
- Acteon Group Ltd. (U.K.)
- TECHNIK Ltd (U.K.)
- Cislak Manufacturing Inc. (U.S.)
- Eickemeyer (Germany)
- J&J Instruments Inc. (U.S.)
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