Global Veterinary Dental Equipment Market
Number of pages: 100 | Report Format: PDF | Published date: February 21, 2023
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
|
Report Attribute |
Details |
|
Market Size Value in 2021 |
US$ 350.0 million |
|
Revenue Forecast in 2030 |
US$ 659.0 million |
|
CAGR |
7.3% |
|
Base Year for Estimation |
2021 |
|
Forecast Period |
2022-2030 |
|
Historical Year |
2020 |
|
Segments Covered |
Product, Animal Type, End User, and Region |
|
Regional Scope |
North America, Europe, Asia Pacific, and the Rest of the World (RoW) |
According to the deep-dive market assessment study by Growth Plus Reports, the veterinary dental equipment market was valued at US$ 350.0 million in 2021 and is expected to register a revenue CAGR of 7.3% to reach US$ 659.0 million by 2030.
Global Veterinary Dental Equipment Market Fundamentals
The terms veterinary dentistry, oral care, and oral surgery refer to the cleaning, adjusting, filing, extracting, or repairing of an animal’s teeth as well as all other facets of oral health care. Veterinary dentistry is used in a variety of specialties, including orthodontics, endodontics, periodontics, prosthodontics, oral and maxillofacial radiography, and oral and maxillofacial surgery. This guards against a variety of illnesses, including kidney infections, heart conditions, liver infections, and stroke. The luxation, extraction forceps, elevators, probes, curettes, deciduous elevators, and tartar are all included in the veterinary dental equipment. Similar to humans, pets also are susceptible to periodontal disease, gingivitis, and the necessity for tooth extraction. Regular dental checkups and cleanings may help to prevent more involved dental operations and spare pets from unnecessary suffering.
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Global Veterinary Dental Equipment Market Dynamics
The rise in the cases of periodontal diseases, such as periodontitis and gingivitis, and the increase in awareness regarding veterinary oral health among pet owners are the major factors propelling the revenue growth of the veterinary dental equipment market. Moreover, the growing number of companion pets globally is increasing the cases of dental disorders, thus boosting revenue growth of the market of veterinary dental equipment. The rise in the overall expenditure on pet care is also fueling the demand for veterinary dentistry. Similarly, the growing pet insurance industry and rising initiatives taken by non-government organizations to spread awareness regarding pet healthcare are driving the revenue growth of the veterinary dental equipment market. Additionally, the growing number of veterinary practitioners is also expected to help in the expansion of the veterinary dental equipment market.
However, the high cost associated with the equipment is restricting the revenue growth of the market. Furthermore, the absence of skilled veterinarians and lack of awareness regarding pet healthcare in developing countries are also likely to hinder the revenue growth of the veterinary dental equipment market.
Global Veterinary Dental Equipment Market Ecosystem
The veterinary dental equipment market has been analyzed from four perspectives: product, animal type, end user, and region.
Veterinary Dental Equipment Market by Product Type
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Based on product type, the global veterinary dental equipment market is segmented into equipment, hand instruments, consumables, and adjuvants.
The equipment segment is further sub-segmented into electrosurgical units, dental stations, dental X-ray systems, dental lasers, and powered units. The hand instruments segment is further sub-segmented into dental probes, extraction forceps, curettes and scalers, dental elevators, retractors, dental luxators, and others. The consumables segment is further sub-segmented into dental supplies, prophy products, and others.
The equipment segment dominated the global veterinary dental equipment market with a prominent revenue share in 2021. This can largely be attributed to the rising application of X-ray systems in veterinary dentistry. Moreover, periodontal diseases are more common in small animals; due to a small pocket width, a restricted interproximal space, or a calculus ledge, periodontal pockets might be readily missed. Thus, an X-ray is necessary to detect the disorder. Many times, pathologic fractures are missed in the skull films, which is increasing the demand for X-rays for the treatment of mandibular fractures. Additionally, X-ray helps in the detection of lesions and bone tumors. Furthermore, the cost of dental X-ray procedures is minimal, which is expected to fuel the segment revenue growth.
Veterinary Dental Equipment Market by Diseases
Based on diseases, the global veterinary dental equipment market is segmented into small animals and large animals.
The small animals segment accounted for the largest revenue share of the veterinary dental equipment market in 2021, due to the rise in the number of pet ownerships. Similarly, the increase in the spending on the healthcare of companion pets is boosting the segment revenue growth. The rise in the prevalence of periodontal diseases in dogs is increasing the demand for veterinary dentistry. Moreover, a rise in inclination toward the early detection and treatment of diseases is propelling the segment revenue growth.
Veterinary Dental Equipment Market by End User
Based on the end user, the global veterinary dental equipment market is segmented into veterinary hospitals & clinics and others, which includes veterinary daycare centers.
The veterinary hospitals & clinics segment accounted for the largest revenue share of the veterinary dental equipment market in 2021. The large revenue share of the segment can be attributed to the rise in footfall in hospitals and clinics, due to the availability of multiple services and skilled professionals in hospitals. Moreover, due to the high cost associated with these equipment, most of the other end users cannot afford them. Besides, the veterinary dentistry field has been growing as more pet owners understand the importance of dental health to overall health. Because cleanings and extractions require general anesthesia for patient safety, practices such as VDS approach advanced dental care and oral surgery with the same level of care offered to human patients are only possible in hospital care settings.
Veterinary Dental Equipment Market by Region
Based on region, the global veterinary dental equipment market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
North America dominated the global veterinary dental equipment market in 2021, followed by Europe and Asia Pacific. The American Pet Product Association (APPA) estimates that there are 89.7 million pet dogs in America. Pet owners spend an average of US$ 50 yearly on a dog’s dental care. According to the American Dental Association, the average American pays out-of-pocket US$ 40 per year for dental care. The 2021–2022 National Pet Owners Survey by the APPA estimates that approximately 90 million US households, or 70% of all households, have pets. This rise in the trend of pet ownership is playing a significant role in the regional market revenue growth. Moreover, the growing pet insurance industry in the region is also boosting revenue growth in North America. Besides, the well-developed infrastructure and increase in awareness regarding pet healthcare are fueling the revenue growth of the regional market.
Global Veterinary Dental Equipment Market Competitive Landscape
The prominent players operating in the veterinary dental equipment market are:
Global Veterinary Dental Equipment Market Strategic Developments
Henry Schein, Dentalaire International, IM3 Vet Pty. Ltd., Cislak Manufacturing, Inc., and KRUUSE UK Ltd are among the top market players.
The global veterinary dental equipment market is expected to be valued at US$ 659.0 million by 2030.
The global veterinary dental equipment market was valued at US$ 350.0 million in 2021.
The growing periodontal diseases, rising trend of pet ownership, and developing pet insurance market are driving factors for the global market.
North America accounted for the largest revenue share of the market. Asia Pacific is expected to register growth at the fastest revenue CAGR during the forecast period.
*Insights on financial performance are subject to the availability of information in the public domain