Veterinary Ophthalmology Equipment Market Size, Share, By Type (Diagnostic Devices, Surgical Equipment), By Animal (Equine, Canine, Feline, Bovine), By Indication (Cataract, Glaucoma, and Retinal Disorders), By End- Use (Veterinary Hospitals, Diagnostic Laboratories, and Others), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Veterinary Ophthalmology Equipment Market Size was valued at US$ 518.4 million in 2024 and is expected to grow at a CAGR of 7.0% to reach US$ 960.3 million by 2034

Veterinary ophthalmic equipment is employed in numerous eye procedures and therapies. Its purpose is to shield the eyes from any possible harm. The veterinary ophthalmic equipment market includes a range of devices, tools, and gadgets specifically designed to diagnose, treat, and manage eye problems in animals. The primary drivers of this market are the increasing prevalence of ocular disorders in pets and livestock, advancements in veterinary care, and growing pet owner awareness of animal health.

Depending on the kind of eye examination or surgery being done, the type of animal being examined, and the specific requirements of each patient, a veterinary ophthalmologist will employ different equipment. However, in order to give animals the best possible veterinary eye care, it is imperative to have access to a wide variety of diagnostic and surgical instruments. The equipment varies from diagnostic instruments like tonometers, ophthalmoscopes, and ocular ultrasonography devices to surgical instruments like lasers explicitly designed for veterinary ophthalmic procedures, microsurgical instruments, and phacoemulsification systems. The need for sophisticated ophthalmic equipment is growing as veterinary medicine develops, driven by the increased pet population, improved diagnostic tools, and a growing range of treatment choices for animal ocular disorders.

Technological developments, rising pet healthcare costs, and the growing need for specialised pet eye care are driving the veterinary ophthalmology equipment market. However, market expansion may be constrained by elements such as the high expense of equipment, the difficulty of obtaining professionals, and regional differences in the understanding of pet healthcare.

Key Drivers of Target Market:

Increasing Pet Ownership and Animal Expenses:

• The need for specialised veterinary services, particularly in ophthalmology, is being driven by the rise in pet ownership, which is further exacerbated by rising income levels and demographic changes. The market for veterinary ophthalmology equipment is expanding as a result of the increased awareness of pet health, particularly veterinary eye care, technological development, and an increase in sophisticated medical care.

Enhanced Knowledge about Animal Ocular Health:

• The increased awareness of animal eye health significantly drives the market for veterinary ophthalmology equipment. Pet owners now have easier access to information regarding animal health, particularly eye problems, thanks to the internet and social media platforms. Furthermore, access to cutting-edge diagnosis and treatment is becoming more accessible due to the expanding number of veterinary ophthalmologists and specialty animal eye clinics.

Restrains:

Exorbitant Veterinary Care Costs:

• One of the main obstacles facing the market is the high cost of veterinary care, especially in specialty areas like ophthalmology. Veterinarians are frequently discouraged from investing in cutting-edge technologies and pet owners are often encouraged to obtain necessary treatment due to the expensive diagnostic and treatment equipment needed for animal eye care.

Opportunities:

Breakthroughs in technology and an increase in sophisticated therapies:

• There are many different opportunities in the veterinary ophthalmic equipment market, driven by advances in technology, a rise in research projects, and an increase in the need for specialized care for ocular illnesses in animals. The market offers opportunities for businesses investing in research and development of next-generation ophthalmic equipment suited for veterinary usage, thanks to advancing cutting-edge surgical methods, sophisticated imaging technologies, and minimally invasive procedures. To further enhance the market potential, there is a plan to expand veterinary clinics and specialty hospitals and integrate ophthalmology services inside already-existing veterinary offices.

The market is segmented based on Type, Animal, Indication, End-Use, and Region.

Type Insight:

• Diagnostic Devices: The diagnostic devices sector includes tools for ocular disease diagnosis and eye examination. A few examples are measuring intraocular pressure (a glaucoma test), examining the retina with an ophthalmoscope, and evaluating retinal function with an electroretinography (ERG) machine. The development of diagnostic tools improves treatment outcomes by enabling earlier and more precise diagnoses.
• Surgical Equipment: The Surgical Equipment section includes animal ophthalmic surgery instruments and tools. Phacoemulsification devices for cataract removal, microscopes for enhanced visualisation during surgery, and specialised lasers for retinal treatments are a few examples. Owing to technological developments in surgical instruments that enable minimally invasive operations, animals can recuperate from surgeries more quickly.

Animal Insights

• Equine: The equine category is predicted to expand at the highest CAGR among the animal-type segments. Equine eye disorders, such as conjunctivitis, corneal ulcers, and uveitis, can all affect horses. The equine segment's demand for ophthalmology equipment is influenced by the prevalence of certain disorders which call for routine eye examinations and treatments.
• Canine: According to projections, the canine segment will hold the most market share for veterinary ophthalmology equipment worldwide. This development is driven by pet owners' increasing awareness of the value of routine eye exams and care for their dogs. The canine segment's dominance in the pet healthcare industry is firmly established by developments in veterinary medicine, breed-specific susceptibilities to specific eye problems, and rising pet insurance costs for dogs.
• Feline: Cats can also get progressive retinal atrophy and feline herpesvirus conjunctivitis, two eye conditions. The increasing prevalence of cat ownership is driving up demand for feline ophthalmic equipment.
• Bovine: Bovine viral diarrhea (BVD) is one of the infectious disorders that can harm a cow's eyes. Veterinarians addressing eye issues in herds of cattle find what they need in this segment.

Indication Insights

• Cataract: The cataract segment is predicted to expand at the highest CAGR under indication by treatment. It is expected to grow at the highest CAGR during the forecast period due to several factors, including the high prevalence of cataracts in animals, the impact of cataracts on vision and quality of life, improvements in cataract surgery techniques, an increase in pet ownership and humanization, specialized expertise, and technological innovations.
• Glaucoma: An illness called glaucoma causes damage to the visual nerve due to elevated intraocular pressure. Tonometers for diagnostics and, if required, surgical instruments are available on the market.
• Retinal Disorders: Retinal disorders affect the retina and necessitate the diagnosis of ophthalmoscopes and ERG equipment. Treatment may occasionally involve the use of laser surgery equipment.

End-Use Insights

• Veterinary Hospitals: The largest category is Veterinary Hospitals, which includes general and specialist veterinary clinics with ophthalmic equipment for standard treatments and eye exams.
• Diagnostic Laboratories: Diagnostic laboratories employ sophisticated diagnostic tools and may provide advanced eye care referral services.
• Others: The "others" category consists of breeding facilities, research institutes, and animal shelters that invest in fundamental ophthalmic animal care tools.

Regional Insights

• North America: In the global market for veterinary ophthalmology equipment, North America is emerging as the industry leader. Many variables, including high pet ownership rates, sophisticated veterinary infrastructure, increased pet health awareness, the existence of major market competitors, and a supportive regulatory environment, are credited with this supremacy. North America leads the market due in part to its emphasis on sophisticated veterinary services and pet healthcare spending, despite obstacles including establishing veterinary infrastructure and lower disposable income levels in other areas.
• Asia Pacific: An increase in the number of pets owned is caused by rising disposable income and urbanization in Asia Pacific nations such as China and India. For veterinary ophthalmology services, this means there will be more patients available. Pet health and welfare are important to the growing middle class in APAC, just like they are in developed countries. The need for cutting-edge veterinary treatment, particularly ophthalmology, is heightened by this.
• Europe: The geographic region of Europe possessed the second-highest proportion of veterinary ophthalmology equipment. With the second-largest market share in the veterinary ophthalmology equipment market, Europe is positioned as a formidable competitor due to its robust veterinary infrastructure, positive economic climate, increasing pet ownership, and emphasis on animal welfare.
• Latin America: Pet owners in Latin America are growing more concerned about the health of their animals, and the number of pet owners is rising. Modern veterinary services like ophthalmology now have a market because of this.
• Middle East and Africa: Pet ownership and the need for high-quality veterinary treatment, particularly ophthalmology, are rising in the Middle East and Africa region due to growing awareness of animal welfare. It is advantageous for the market since certain governments in the MEA area fund veterinary facilities and support animal health programs.

Veterinary Ophthalmology Equipment Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Type, Animal, Indication, End-Use, and Region:

Segmentation:

By Type:

• Diagnostic Devices
• Surgical Equipment

By Animal:

• Equine
• Canine
• Feline
• Bovine

By Indication:

• Cataract
• Glaucoma
• Retinal Disorders

By End-Use:

• Veterinary Hospitals
• Diagnostic Laboratories
• Others

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Veterinary Ophthalmology Equipment Market include AJLVET, Kowa, Halma plc, Revenio Group, Ocularvision, Inc, Baxter International, Tomey, HEINE, Bausch Health, Eickemeyer, Surgical Holdings, Full Medical, USIOL, Inc., and Nova Eye Medical.

• In May 2023, Optomed Plc and Topcon Corporation agreed to cooperate to distribute the Optomed Aurora handheld fundus camera, which uses Thirona Retina's AI, throughout Europe and a few Middle Eastern and Asian nations. This represents a substantial step in the field of veterinary ophthalmology equipment partnerships.
• In March 2021, IRIDEX Corporation and Topcon Corporation entered into a strategic relationship with the goal of advancing the market penetration of IRIDEX's distinctive non-incisional glaucoma therapeutic solutions through multiyear investment for strategic expansion efforts.

• AJLVET *
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Kowa
• Halma plc
• Revenio Group
• Ocularvision, Inc
• Baxter International
• Tomey
• HEINE
• Bausch Health
• Eickemeyer
• Surgical Holdings
• Full Medical
• USIOL, Inc.
• Nova Eye Medical

“*” marked represents similar segmentation in other categories in the respective section.

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Preview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Type
     • Market Snippet, By Animal
     • Market Snippet, By Indication
     • Market Snippet, By End-Use
     • Market Snippet, By Region
   • Opportunity Map Analysis
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Market Trends
   • Product Launch
   • Merger and Acquisitions
   • Impact Analysis
   • PEST Analysis
   • Porter’s Analysis

Market Segmentation, Type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Diagnostic Devices
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Surgical Equipment
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Segment Trends

Market Segmentation, Animal, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Equine
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Canine
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Feline
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

• Bovine
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Indication, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Cataract
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Glaucoma
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Retinal Disorders
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, End-Use, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Veterinary Hospitals
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Diagnostic Laboratories
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Animal, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Indication, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By End-Use, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S
    • Canada
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Animal, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Indication, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By End-Use, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Europe
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Animal, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Indication, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By End-Use, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • Germany
    • France
    • Russia
    • Italy
    • Rest of Europe
• Latin America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Animal, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Indication, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By End-Use, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • Brazil
    • Mexico
    • Rest of Latin America
• Middle East and Africa
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Animal, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Indication, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By End-Use, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East and Africa

Competitive Landscape

• Heat Map Analysis
• Company Profiles
  • AJLVET
  • Kowa
  • Halma plc
  • Revenio Group
  • Ocularvision, Inc
  • Baxter International
  • Tomey
  • HEINE
  • Bausch Health
  • Eickemeyer
  • Surgical Holdings
  • Full Medical
  • USIOL, Inc.
  • Nova Eye Medical

The Last Word

• Future Impact
• About Us
• Contact