US Veterinary Ophthalmology Equipment Market worth 0.38 billion by 2031
The report "US Veterinary Ophthalmology Equipment Market By Product (Diagnostic [Ophthalmoscopes, Tonometers], Surgical Equipment, Disposables, and Implants, Animal Type, End User (Veterinary Hospitals, Clinics) - Forecast to 2031" is projected to reach 0.38 billion by 2031 from USD 0.26 billion in 2026, at a CAGR of 7.5% between 2026 and 2031.
Browse 250 market data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "US Veterinary Ophthalmology Equipment Market, By Product (Diagnostic [Ophthalmoscopes, Tonometers], Surgical Equipment, Disposables, and Implants, Animal Type, End User (Veterinary Hospitals, Clinics) - Forecast to 2031"
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The US veterinary ophthalmology equipment market is driven by the growing demand for specialized eye care for pets, advancements in technology, and rising pet healthcare expenditure. However, factors like the high cost of equipment, limited access to specialists, and regional variations in pet healthcare awareness can hinder market growth.
Based on diagnostic devices by product, the electroretinography (ERG) device segment is projected to grow at the highest CAGR during the forecast period.
The electroretinography (ERG) device segment is forecasted to grow at the highest CAGR from 2026 to 2031. The non-invasive nature, comprehensive assessment of retinal function, versatility, and potential for early disease detection make ERG devices a valuable tool in veterinary ophthalmology. This, coupled with growing awareness of retinal diseases and advancements in ERG technology, is set to contribute to segmental growth during the forecast period.
Based on indication by treatment, the cataract segment is projected to grow at the highest CAGR during the forecast period.
The cataract segment is forecasted to grow at the highest CAGR from 2026 to 2031. The high prevalence of cataracts in animals, the impact of cataracts on vision and quality of life, advancements in cataract surgery techniques, increasing pet ownership and humanization, expertise, and technological innovations are leading to segmental growth.
By animal type, the equine segment is projected to grow at the highest CAGR during the forecast period.
The equine segment is projected to be the fastest-growing animal type. Horses are susceptible to various ophthalmic conditions such as conjunctivitis, corneal ulcers, and uveitis. The prevalence of these conditions necessitates regular ophthalmic examinations and treatments, contributing to the demand for ophthalmology equipment in the equine segment. Overall, high prevalence of ocular conditions in horses, increasing pet ownership, growing awareness about equine health, specialized equine ophthalmology services, technological advancements, performance and competitive factors, and the presence of large animal veterinary practices are contributing to the growth of this segment.
The specialty clinics end user segment is projected to grow at the highest CAGR during the forecast period.
The specialty clinics segment is projected to grow at the highest CAGR. General veterinary practices often refer cases requiring specialized ophthalmic care to specialty clinics. As the number of general practices continues to grow, so does the volume of referrals to specialty clinics. In addition, advanced equipment requirements and growing pet ownership are driving the high growth of the specialty clinics segment of the US veterinary ophthalmology equipment market.
The market players profiled in the US veterinary ophthalmology equipment market include Bausch + Lomb Corporation (Canada), Revenio Group Oyj (Finland), AN-VISION (Germany), Eidolon Optical LLC (US), Ocuscience (US), GerVetUSA (US), Kowa American Corporation (US), Halma Plc (Keeler, a wholly owned subsidiary of Halma Plc) (UK), Baxter International, Inc. (Hill-Rom, a wholly owned subsidiary of Baxter International, Inc.) (US), AJL Ophthalmology S.A. (Spain), AMETEK, Inc. (Reichert, Inc., a wholly owned subsidiary of AMETEK, Inc.) (US), HEINE Optotechnik GmbH & Co. KG (Germany), LKC Technologies, Inc. (US), IRIDEX Corporation (US), I-MED Animal Health (Canada), Freedom Ophthalmic Pvt. Ltd. (France), New World Medical (US), Optomed Plc (Finland), Ocularvision, Inc. (US), Optibrand Ltd. (US), Alcon Inc. (Switzerland), USIOL, Inc. (US), and Nova Eye Medical (Australia).
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