Veterinary Dental Equipment Market: A View of the Industry's Advancements and Opportunities
The Global Veterinary Dental Equipment Market report offers a comprehensive analysis of the Veterinary Dental Equipment market with regards to the current and emerging trends, regional outlook, competitive landscape, and forecast estimation for revenue and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Veterinary Dental Equipment market. The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Veterinary Dental Equipment market value based on market dynamics and various growth factors.
The global veterinary dental equipment market size was USD 366.5 Million in 2022 and is expected to register a steady revenue CAGR of 7.7% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of companion animals is a key factor driving market revenue growth. The American Society for Prevention of Cruelty to Animals (ASPCA) and Humane Society estimate that between 3.5 and 4.1 million dogs and cats are adopted each year in the U.S.. As millennial and Generation Z consumers reached adulthood, they embraced their pet-owning and pet-loving lifestyles far more than their predecessors. In 2020, households headed by millennials account for roughly 60% of pet ownership, while households headed by baby boomers account for roughly 30%.
The study will prove useful for leading companies looking to find new sources of income by helping them to understand the market and its underlying dynamics. It will also be useful for businesses looking to expand into new markets or diversify their current operations.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/veterinary-dental-equipment-market
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