Veterinary Dental Equipment Market Overview, Demand Analysis, Key Company Profiles, Growth Values and Industry Forecast to 2023
Market Overview:
The global veterinary dental equipment market
was analyzed by Market Research Future (MRFR) and it was projected that a
notable CAGR of 9.5% will be attained by the market over the forecast period of
2018 to 2023. The valuation of the veterinary dental equipment market was
further stated to surpass its previous valuation of USD 312 million in 2017 by the end of the forecast period in 2023.
The increasing incidence of periodontal diseases
among animals is said to be one of the biggest driving factors for the global
veterinary dental equipment market. Additionally, a vast array of factors is
contributing to the overall growth of the market including increasing
prevalence of veterinary dental problems, rising awareness about the health of
animals, advancements in technologies, and increasing spending on pet
insurance. However, the increasing cost associated with advanced dental
equipment and the lack of proficient and experienced veterinarians in emerging
nations can pose to be a major challenge for the global market.
Access Report Details and TOC
Details Exclusively @ https://www.marketresearchfuture.com/reports/veterinary-dental-equipment-market-7539
Competitive Landscape:
·
J & J Instruments
·
Acteon Group
·
Charles Brungart
·
Henry Schein
·
Dispomed
·
Cislak Manufacturing
·
Dentalaire
·
Midmark Corporation
·
Eickemeyer
·
iM3 Pty Ltd
Market Segmentation:
·
The Global Veterinary Dental Equipment Market
has been segmented in terms of type, end-user, and components.
·
By
product, the market includes consumables, equipment, hand instruments, and
others. The equipment segment is narrowed down into dental stations, dental
x-ray systems, dental lasers, electrosurgical units, and powered units. The
dental x-ray systems segment is broken down into countertop dental stations,
stationary dental x-ray systems, and mobile dental x-ray systems. Whereas the
dental stations segment comprises wall-mounted dental stations and mobile cart
dental stations.
·
By
end-user, the market divides into veterinary clinics, veterinary hospitals,
research & academic institutes, and others.
·
By animal
type, the market includes companion animals, large animals, and others.
Regional Analysis:
The global veterinary dental equipment market is
geographically distributed across the following key regions: Asia Pacific,
North America, Europe, and the Middle East and Africa.
The Americas held the highest share to lead the
global veterinary dental equipment market. This is due to the piling up
expenditure on pet insurance and the presence of a number of major market
players in the region. The US, in particular, boasts a huge population of pet
owners. These pet owners spend considerable time on routine vet expenses and
surgical visits to the vet. As per the statistics revealed by the American Pet
Products Association (APPA), close to 65% of the US population own a pet,
thereby aiding in the growth of the regional market.
Elsewhere, Europe stood out as another key regional
market globally by ranking in the second spot. This is due to the widespread
prevalence of periodontal diseases across the region. Asia Pacific was reported
to be the fastest growing regional market over the forecast period. The growth
of the region in veterinary dental equipment is due to the increasing awareness
among consumers about animal healthcare. Lastly, the market in Middle East and
Africa is expected to attain the least share over the forecast period because
of the lack of economic development, particularly in the African region.
About Market Research Future:
At Market Research Future (MRFR), we
enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Comments
Post a Comment