Veterinary Dentistry Instruments Equipment Market Size Worth USD 346.34 Million 2032| A CAGR of 6%
Market Overview: The global market size for veterinary dentistry instruments and equipment reached USD 204.58 million in 2022 and is projected to achieve USD 346.34 million by 2032, exhibiting a revenue compound annual growth rate (CAGR) of 6% during the forecast period.
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Market Growth Drivers: The escalating demand for veterinary
dentistry instruments is attributed to their use in various sectors, including
veterinary hospitals, clinics, and academic and research institutions. The increasing
demand for dental prophylaxis procedures in pets, such as tooth scaling and
polishing, contributes to market growth by improving overall oral hygiene and
preventing dental issues in animals.
Market Challenges: However, challenges such as the high cost
of veterinary dental tools and supplies, coupled with a shortage of qualified
veterinary dentists, may hinder market growth. The affordability barrier for
small animal clinics and pet owners could have a negative impact on revenue.
Additionally, the scarcity of qualified veterinary dentists in certain areas
and difficulties in accessing pet dental treatment may restrain market
expansion.
Product Segmentation: The market is segmented into dental
hand tools, electrosurgical instruments, radiography tools, lasers, and other
devices. Dental hand tools held a substantial revenue share in 2022 due to
their simplicity, portability, and affordability. Electrosurgical equipment is
expected to witness the fastest revenue CAGR during the forecast period, driven
by its efficiency in cutting and coagulating tissue, particularly in minimally
invasive surgical techniques.
Dental radiography equipment is projected to experience
significant revenue growth, facilitated by the adoption of digital radiography
systems for precise diagnosis and treatment planning in veterinary dentistry.
Dental lasers, employed for soft tissue surgery and periodontal therapy, are
anticipated to gain traction due to their advantages of minimal blood, reduced
discomfort, and faster recovery.
Animal Type Analysis: The veterinary dentistry equipment
market is categorized based on animal type into companion animals and
livestock. Companion animals, including dogs, cats, and horses, accounted for a
significant portion of market revenue in 2022. Increased pet ownership, rising
prevalence of dental illnesses, and growing awareness of pet dental health are
key factors propelling the growth of this segment.
The companion animal market is driven by the need for
veterinary dentistry tools to diagnose, treat, and prevent dental disorders in
pets. The expansion is further supported by pet owners' increasing disposable
income and willingness to invest in their animals' care.
Regional Outlook: North America is expected to dominate the
global veterinary dentistry instruments and equipment market, driven by the
high adoption of pets and strong animal health awareness. The United States,
with a rising pet ownership rate and advanced veterinary care services,
represents a significant market for veterinary dentistry devices and equipment.
Europe is projected to experience moderate growth in the
market, fueled by the increasing prevalence of dental problems in pets,
particularly dogs and cats. The United Kingdom stands out as the largest market
in Europe for veterinary dental tools and supplies.
The Asia Pacific region is poised for significant market
growth due to the increasing number of pet adoptions and rising awareness of
animal health. China and India, with a growing pet population and middle-class
disposable income, are expected to drive demand for veterinary dental tools and
equipment.
Competitive Landscape: Major companies in the global
veterinary dentistry instruments and equipment market include DentalEZ Group,
iM3 Inc., Acteon Group, Vetquip Pty Ltd., Veterinary Dental Products, LLC,
Dentalaire Products, Metropolitan Veterinary Supply, Mirage Veterinary Group,
and Technik Veterinary Ltd.
Strategic Developments:
- In
2021, DentalEZ Group launched the Ramvac Utility Series, a new line of
veterinary dental units designed for efficient cleaning and polishing of
companion animal teeth.
- iM3
Inc. acquired Midmark Corporation's veterinary dental equipment business
in 2020, aiming to expand its product offerings in the market.
Market Segmentation Details:
- Market
Size in 2022: USD 204.58 Million
- CAGR
(2022-2032): 6%
- Revenue
Forecast in 2032: USD 346.34 Million
- Base
Year for Estimation: 2022
- Historical
Data: 2020-2021
- Forecast
Period: 2022-2032
- Quantitative
Units: Revenue in USD Million
- Report
Coverage: Revenue forecast, company ranking, competitive landscape, growth
factors, and trends
- Countries
Covered: U.S., Canada, U.K., Germany, France, BENELUX, China, India,
Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey
- Key
Companies Profiled: DentalEZ Group, iM3 Inc, Acteon Group, Vetquip Pty
Ltd, Veterinary Dental Products LLC, Dentalaire Products, Metropolitan
Veterinary Supply, Mirage Veterinary Group, Technik Veterinary Ltd.
- Customization
Scope: 10 hours of free customization and expert consultation.
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