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Veterinary Eye Care Market Size

  • Report ID: GMI8499
  • Published Date: Mar 2024
  • Report Format: PDF

Veterinary Eye Care Market Size

Veterinary Eye Care Market size was valued at USD 67.4 billion in 2023 and is expected to grow at a CAGR of 3.5% between 2024 and 2032, attributed to increasing awareness among pet owners about the importance of eye health in animals leading to a higher demand for diagnostic and therapeutic eye care products.

 

Additionally, advancements in veterinary ophthalmology have resulted in more effective treatment options, further driving market growth. The rise in pet ownership, particularly in urban areas, is also contributing to the expansion of the veterinary eye care market, as more pet owners seek specialized care for their animals. Furthermore, the growing availability of veterinary eye care products and pet care services, along with the expanding network of veterinary hospitals and clinics, is fuelling market growth by improving access to eye care for animals.

Veterinary eye care refers to the specialized field of veterinary medicine focused on the diagnosis, treatment, and management of eye conditions and diseases in animals. Veterinarians are trained to identify and treat a wide range of ocular issues, including infections, injuries, cataracts, glaucoma, and retinal diseases.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of veterinary eye care was worth USD 67.4 billion in 2023 and is set to expand at 3.5% CAGR over 2024-2032, driven by the increasing awareness among pet owners about the importance of eye health in animals leading to a higher demand for diagnostic and therapeutic eye care products.

The product segment reached USD 43.9 billion in revenue in 2023, owing to the rising awareness among pet owners regarding the importance of eye health in animals and the increasing prevalence of eye disorders in pets.

North America market held 43.4% revenue share in 2023 and is set to reach USD 39 billion by 2032, attributed to the advanced healthcare infrastructure, robust veterinary services, and a high level of pet adoption in the region.

Major firms in the market are An-Vision GmbH, Bausch & Lomb Inc., Boehringer Ingelheim International GmbH, Ceva Sante Animale, Dechra Pharmaceuticals PLC, IRIDEX Corporation, I-Med Animal Health, LKC Technologies, Inc., Neuronix Ltd., OptoMed, Reichert, Inc., and Zoetis Services LLC.

Veterinary Eye Care Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 2
  • Tables & Figures: 665
  • Countries covered: 20
  • Pages: 210
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