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CHICAGO, June 15, 2021 / PRNewswire / – Dental Equipment Market by Product (Dental Equipment, Hand Instruments, Consumables, and Aids), Animal Type (Small Companion and Large Animal), End-User (Hospitals, Clinics, Academic Institute), End-User (Hospitals, Clinics, Academic Institute) – Global Forecast to, according to new market research report 2026, “published by MarketsandMarkets ™, is expected to hit the market $ 500 million until 2026 $ 334 million in 2021 with a CAGR of 8.4% over the forecast period.
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The growth of the global pet population, the increasing incidence of veterinary dental problems, and the increase in the number of veterinarians and their income levels in developed economies are the main driving forces behind the veterinary dental equipment market. However, the rising cost of pet care is expected to slow the growth of this market to some extent. This problem is exacerbated by the low awareness of animal health and the lack of qualified veterinarians in emerging markets.
By product, the device segment is expected to account for the largest share of the veterinary dental device market
According to products, the world market is divided into dental devices, hand instruments, consumables and auxiliary materials. The device segment had the largest share in the forecast year. The large share of this segment is due to the high cost of dental equipment and the increasing income of veterinarians, which is leading to greater acceptance of dental equipment.
Based on animal type, the small pets segment is expected to grow at the highest CAGR in the market over the forecast period
Based on the animal species, the Dental Equipment market is segmented into Small Pets and Large Animals. The small pet segment had the largest market share in the forecast period. The high proportion of this segment can be attributed to the growing pet population, increasing expenditure on pet care and the high prevalence of dental disease in pets.
On an end-user basis, the Veterinary Clinic segment holds the highest market share in the Veterinary Dental Instruments Market
Based on the end user, the Veterinary Dental Equipment market is segmented into veterinary clinics, veterinary clinics, and academic institutes. Veterinary clinics are the most important end users in the market during the forecast period. The high proportion of this segment is mainly due to the growing number of veterinarians, the increasing number of veterinary practices and the increasing need for complete treatments under one roof. The growing awareness of the animal owners for routine and preventive measures as well as the improvement of government initiatives for veterinary practices should also drive the growth of this segment in the coming years.
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North America dominate the veterinary dental equipment market during the forecast period
The Veterinary Dental Instruments Market in North America was the largest market in the forecast period. The big part of North America in this market is attributed to the increasing numbers of pets and the increasing spending on pet health care in the region. However, it is Asia Pacific It is estimated that the market will grow with the highest CAGR in several APAC countries during the forecast period due to factors such as increasing pet adoption, increasing animal health awareness, advancing urbanization and increasing per capita animal health spending.
Major players in the veterinary dental equipment market include Planmeca Oy (Finland), Midmark Corporation (USA), Henry Schein, Inc. (USA), Integra LifeSciences Corporation (USA), Eickemeyer (Germany), Scil Animal Care (Germany), iM3 (Australia), Dentalaire (USA).
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