The global Veterinary Dental Equipment Market size is expected to reach USD 580.1 million by 2026, according to a new report by Grand View Research, Inc., exhibiting a 7.7% CAGR during the forecast period. Growing incidence of periodontal diseases in pets is expected to drive growth over the forecast period. Moreover, increasing companion ownership in developing economies is propelling the market. According to a 2017 American Veterinary Medical Association report, around 46% of U.S. households had various types of pets.
Technological advancements and new product launches by key industry players are anticipated to create growth opportunities. For instance, introduction of mobile x-ray units for diagnosis in intensive care units and increase in number of shelters for homeless animals are likely to drive the market for dental x-ray systems over the coming years. Moreover, increase in disposable income and awareness among pet owners regarding their pet’s health is fueling growth.
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Further key findings from the study suggest:
- On the basis of products, equipment held the major share in 2018, owing to a broader usage aspect and advantages of newer products
- Dental x-ray systems held the largest share within the equipment segment as of 2018, owing to advantages over oral examination such as increased accuracy
- By animal type, small animals is expected to show fastest growth over the coming years. This is due to increasing expenditure on healthcare of companion animals and untapped opportunities in developing economies
- Hospitals & clinics acquired the major revenue share in 2018, as an end-use segment, and is expected to grow at the fastest CAGR
- Asia Pacific is expected to emerge as the fastest growing region in veterinary dental equipment market. The U.S. currently has the highest number of companies, which has contributed to the large share held by North America
- Im3 Pty Ltd, Henry Schein, Dentalaire, Midmark Corporation, Dispomed are some of the major players.
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Key Topics Covered
Chapter 1 Research Methodology & Scope
1.1 Market Segmentation & Scope
1.1.1 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research:
1.3.5 Details of Primary Research
1.3.5.1 Data For Primary Interviews In North America
1.3.5.2 Data For Primary Interviews In Europe
1.3.5.3 Data For Primary Interviews In Asia Pacific
1.3.5.4 Data For Primary Interviews In Middle East And Africa
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 Report Objectives
Chapter 2 Executive Summary
2.1 Market Outlook
2.1.1 Veterinary Dental Equipment Market Outlook, 2014 - 2026 (USD Million)
2.2 Segment Outlook
2.3 Competitive Outlook
2.4 Veterinary Dental Equipment Market Summary, 2018
Chapter 3 Veterinary Dental Equipment Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Analysis
3.1.2 Ancillary Market Analysis
3.2 Penetration & Growth Prospect Mapping
3.3 Regulatory Framework
3.3.1 List of Regulatory Bodies
3.4 Veterinary Dental Equipment Market Dynamics
3.4.1 Market Driver Analysis
3.4.2 Market Restraint Analysis
3.5 Veterinary Dental Equipment Market Analysis Tools: Porters
3.5.1 Supplier Power
3.5.2 Buyer Power
3.5.3 Threat of Substitutes
3.5.4 Threat of New Entrants
3.5.5 Competitive Rivalry
Continued…
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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