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Expanding Veterinary Dentistry Instruments & Equipment Market Set to Reach US$ 615.3 Million by 2031

02-08-2024 07:45 PM CET | Health & Medicine

Press release from: Transparency Market Research

Veterinary Dentistry Instruments & Equipment Market

Veterinary Dentistry Instruments & Equipment Market

The global veterinary dentistry instruments & equipment market is on a trajectory of significant expansion, poised to reach US$ 615.3 million by 2031, with a robust compound annual growth rate (CAGR) of 6.4% from 2023 to 2031. This growth is fueled by the increasing prevalence of veterinary periodontal diseases, the surge in pet humanization, and the availability of pet insurance. Moreover, technological advancements, including the adoption of dental lasers, are reshaping the landscape of veterinary dentistry, offering precise and minimally invasive treatment options.

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Innovations Enhance Veterinary Dentistry Practices

Veterinary dentistry mirrors human dental care, emphasizing routine check-ups, cleanings, and treatments to maintain optimal oral health in animals. The field requires a diverse range of instruments and equipment tailored to address various dental conditions effectively. Innovations such as dental lasers and anesthesia-free dental care products are gaining traction, offering precise and comfortable solutions for both traditional and non-traditional dental care providers.

Prevalence of Periodontal Diseases Drives Market Growth

Periodontal diseases are common in pets and can lead to significant health complications if left untreated. With periodontal disease ranking as the most prevalent dental issue in dogs and cats, the demand for veterinary dentistry instruments & equipment is surging. As pets are increasingly viewed as family members, pet owners are more inclined to invest in preventive dental care and routine check-ups, further boosting market growth.

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Rise in Pet Insurance Encourages Preventive Care

The availability of pet insurance covering dental treatments encourages pet owners to prioritize preventive care and routine check-ups for their furry companions. This trend is particularly pronounced in regions with a high penetration of pet insurance policies, such as North America. The North American Pet Health Insurance Association reports a substantial increase in the number of insured pets, indicating a growing market for veterinary dentistry services and equipment.

Regional Dynamics and Market Players

North America dominates the veterinary dentistry instruments & equipment market, driven by the widespread availability of veterinary dentistry services and the high prevalence of periodontal diseases in pets. With a large percentage of households owning pets, particularly dogs and cats, the region presents significant growth opportunities for market players. Key industry players, including Patterson Companies, Inc., Henry Schein, Inc., and Integra LifeSciences Holdings Corporation, are investing in research and development to expand their product portfolios and strengthen their market presence.

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About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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