Veterinary Ophthalmology Equipment Market

The veterinary ophthalmology equipment market is projected to reach USD 0.83 billion by 2031 from USD 0.57 billion in 2026, growing at a CAGR of 7.7% during the forecast period. The veterinary ophthalmology equipment market is experiencing strong growth owing to the growing requirement for precise and efficient ocular diagnostic and treatment solutions. The increasing number of cases of chronic, infectious, and age-related eye disorders within the growing animal population has greatly accelerated the requirement for preventive screening, monitoring, and therapeutic solutions. The increasing trend of precision in animal healthcare, including the development and application of advanced electrodiagnostic devices and specialized ocular therapies, has widened the applications of veterinary ophthalmology. Furthermore, the application of artificial intelligence technology for advanced image analysis and processing and the availability of cloud-based solutions are greatly improving the efficiency and accuracy of ocular diagnoses and therapies. In addition, increasing spending on animal healthcare and the growing focus on animal specialties are factors for the favorable growth of the veterinary ophthalmology equipment market.

The prominent players in the veterinary ophthalmology equipment market are Bausch + Lomb (Canada), Revenio Group Oyj (Finland), Keeler Ltd (UK), Baxter (US), and Alcon Inc. (Switzerland), among others. These companies have implemented a variety of growth strategies, both organic and inorganic, including the introduction of new products, the formation of strategic partnerships, and penetration into emerging markets. These initiatives are aimed at enhancing their market share and diversifying their portfolios.

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In May 2025, Revenio Group Oyj (Finland) highlighted improved accuracy of its TONOVET Plus and TONOVET Pro tonometers for veterinary intraocular pressure measurement, strengthening their use in animal glaucoma assessment.

In February 2025, Keeler Ltd (UK) started local production in Shanghai of its main products, the binocular indirect ophthalmoscope and slit lamps, which would help in the distribution of BIO, the Vantage Plus, and the KSL-H slit lamp series in China while continuing operations in the UK.

Bausch + Lomb specializes in developing, producing, and distributing eye health solutions. It offers a diverse range of products, including supplements, eye care items, pharmaceuticals, contact lenses, lens care products, and surgical devices. The company's operations are divided into three key segments: Vision Care, Pharmaceuticals, and Surgical. In the Surgical segment, it serves both the human and veterinary ophthalmology markets, providing a comprehensive array of medical devices, consumables, and tools for treating various eye conditions such as corneal defects, cataracts, and vitreous and retinal issues. This includes intraocular lenses (IOLs), phacoemulsification equipment, and other essential instruments for cataract surgery. With a strong presence in North America, Europe, and the Asia Pacific region, Bausch + Lomb reaches customers directly or indirectly in around 100 countries worldwide.

Revenio Group Oyj is a health technology company operating globally. It is mainly a manufacturer of ophthalmic diagnostic solutions. The Group develops and markets under the iCare brand a broad range of eye care devices and software that assist in the early detection and ongoing monitoring of eye diseases. Its product portfolio, which comprises many different eye measurement and diagnostic equipment, is intended to help healthcare professionals in identifying glaucoma, diabetic retinopathy, and age-related macular degeneration. The company is committed to providing solutions that are easy to use, dependable, and very innovative. The range of products includes both handheld and fully automated devices that are in use by optometrists, ophthalmologists, and other healthcare professionals around the world.

Market Ranking

The top five companies of the veterinary ophthalmology equipment market are Bausch + Lomb (Canada), Revenio Group Oyj (Finland), Keeler Ltd (UK), Baxter (US), and Alcon Inc. (Switzerland). Bausch + Lomb enhances its presence in veterinary ophthalmology through the provision of cataract surgery systems, intraocular lenses, and surgical accessories required in the management of lens and segment disorders in companion animals. Revenio Group Oyj assists in the improvement of animal eye care through the supply of iCare TONOVET rebound tonometers required in the speedy and non-anesthesia-dependent determination of intraocular pressure in the management of glaucoma. Keeler Ltd manufactures handheld and indirect ophthalmoscopes required in the in-depth examination of the animal retina and fundus. Baxter, through its Hillrom/Welch Allyn portfolio, offers veterinary diagnostic and physical exam tools such as ophthalmoscopes and comprehensive exam sets. Alcon Inc. extends its role in veterinary ophthalmology through the provision of surgical systems and ophthalmic consumables that are essential in cataract and microsurgical eye procedures in animals.

Related Reports:

Veterinary Ophthalmology Equipment Market by Product (Ophthalmoscope, Retinoscope, Fundus Camera, Slit Lamp), Animal Type (Canine, Feline, Livestock), Application (Treatment, Surgery, Diagnosis, Monitoring), End User, Region - Global Forecast to 2031

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