2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theVeterinary Eye Care Market?

The increase in pet population is expected to propel the growth of the veterinary eye care market. The growing pet population is driven by societal trends and increased awareness of pet health. Veterinary eye care is essential for diagnosing and treating ocular conditions in pets. In December 2023, the American Pet Products Association reported that 66% of U.S. households owned a pet, equating to 86.9 million pet-owning homes. As a result, the growing pet population is driving the veterinary eye care market’s growth.

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#What is the Anticipated CAGR of theVeterinary Eye Care Market, and What Factors Will Drive It?

The veterinary eye care market size will grow from $68.25 billion in 2024 to $71.97 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth is attributed to advancements in veterinary medicine, trends in companion animal ownership, preventive healthcare, technological innovations, and education and awareness.

The veterinary eye care market is projected to grow to $87.63 billion by 2029, with a CAGR of 5.0%. Growth drivers include population trends, regulatory changes, consumer preferences, healthcare access, and emerging diseases. Trends include advanced imaging, minimally invasive surgeries, and gene therapies.

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Which Cutting-Edge Market Trends Are Expected to Drive theVeterinary Eye Care Market’s Growth?

Companies in the veterinary eye care market are focusing on innovative products like ocular lubricants to improve animal comfort and ocular health. Ocular lubricants help maintain corneal hydration and relieve dryness and irritation. For example, in April 2024, Millpledge Veterinary launched Oculeze, an ocular lubricant suitable for multiple animal species. The product contains glycerin, aloe vera, chamomile, and propolis extract, offering soothing and hydrating properties while being phosphate-free and pH-neutral.

What Are the Leading Market Players Impacting theVeterinary Eye Care Market’s Growth Trend?

Major companies operating in the veterinary eye care market are Boehringer Ingelheim, Zoetis Inc., Merck Animal Health, Bausch & Lomb Incorporated, Virbac, Menicon Co. Ltd., Nutramax Laboratories Inc., Manna Pro Products LLC, Farnam Companies, Bayer Animal Health, Beaphar, Revival Animal Health, MiracleCorp Products, Zymox, Domes Pharma, Epicur Pharma, TVM UK Animal Health Ltd., I-MED Animal Health, an-vision GmbH, Optixcare, MENFORSAN, Nutri-Vet, Boss Pet Products Inc.

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How Are the Key Segments of the Veterinary Eye Care Market Driving Opportunities and Innovations?

The veterinary eye care market covered in this report is segmented –

1) By Product Type: Ophthalmic Drugs, Ophthalmic Devices, Ophthalmic Surgery

2) By Animal Type: Companion Animal, Livestock Animals

3) By Indication: Eyelid Abnormalities, Cataract, Glaucoma, Retinal Complications, Uveitis, Conjunctivitis, Corneal Complications, Other indications

4) By End User: Veterinary Hospital, Veterinary Clinics, Other End Users

Subsegments:

1) By Ophthalmic Drugs: Anti-Inflammatory Drugs, Antibacterial Drugs, Antifungal Drugs, Lubricating Agents

2) By Ophthalmic Devices: Intraocular Lenses, Tonometers, Ophthalmoscopes, Retina Imaging Systems

3) By Ophthalmic Surgery: Cataract Surgery, Glaucoma Surgery, Retinal Surgery, Corneal Transplantation

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theVeterinary Eye Care Market?# Market Expansion?

North America was the largest region in the veterinary eye care market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary eye care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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