Press Release

United States Veterinary Eye Care Market to Grow with a CAGR of 3.92% through 2029

Rising incidence of eye disorders in companion animals and expansion of veterinary pharmaceuticals for eye care is expected to drive the United States Veterinary Eye Care Market growth in the forecast period, 2025-2029 

 

According to TechSci Research report, “United States Veterinary Eye Care Market – By Region, Competition, Forecast & Opportunities, 2019-2029F”, the United States Veterinary Eye Care Market stood at USD 82.44 Million in 2023 and is expected to reach USD 102.80 Million by 2029 with a CAGR of 3.92% during the forecast period.

The expansion of veterinary pharmaceuticals for eye care is significantly propelling the United States veterinary eye care market. As pet ownership increases and pet owners become more attentive to their animals' health, there is a growing demand for specialized treatments for ocular conditions. Pharmaceutical companies are responding by developing a wide range of innovative drugs specifically targeting eye conditions in animals. This includes advancements in anti-inflammatory medications, antibiotics, and glaucoma treatments that not only enhance the effectiveness of treatment but also minimize side effects, ensuring safer outcomes for pets.

This expansion is also encouraging growth in the veterinary eye care services sector, as more pet owners seek professional care for their pets' eye conditions. The increasing availability of advanced pharmaceuticals is fostering confidence among veterinarians and pet owners, ultimately driving the overall growth of the veterinary eye care market in the United States.

The growing demand for preventive eye care in the United States veterinary market reflects a broader shift in how pet owners approach their pets' health. With pets increasingly seen as family members, there's a rising awareness of the importance of early detection and management of potential health issues, including eye conditions. Preventive eye care encompasses regular veterinary visits, routine eye exams, and screenings for common ocular diseases such as cataracts, glaucoma, and conjunctivitis. These proactive measures help in identifying issues before they become severe, ultimately enhancing the pet's quality of life and potentially reducing long-term healthcare costs.

Veterinary clinics are increasingly catering to this demand by offering specialized preventive eye care packages. These packages often include comprehensive eye exams, monitoring of high-risk breeds, and guidance for pet owners on maintaining their pets' eye health. For example, breeds prone to genetic eye disorders are receiving more focused attention, with veterinarians recommending regular check-ups and early interventions. The growing adoption of pet insurance plays a crucial role in promoting preventive care. Many insurance policies now cover routine eye exams and screenings, making preventive care more accessible and affordable for pet owners. This financial support encourages pet owners to seek preventive services regularly, contributing to market growth. As awareness of the benefits of preventive eye care continues to rise, the demand for these services is expected to expand, driving the overall growth of the veterinary eye care market in the United States.

 

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The United States Veterinary Eye Care Market is segmented into type, indication, application, regional distribution, and company.

Based on application, In 2023, Dogs are dominating the application segment of the United States veterinary eye care market. This dominance is largely due to the higher prevalence of eye conditions in dogs compared to other pets. Dogs, particularly certain breeds, are more susceptible to a range of ocular issues such as cataracts, glaucoma, and dry eye, which drives significant demand for veterinary eye care services and products. The large population of pet dogs in the U.S. and their varied eye health needs contribute to this trend. The focus on canine eye care is further supported by the increasing awareness among dog owners about the importance of regular eye exams and the availability of advanced treatments. Many dog owners are proactive in seeking specialized veterinary care for their pets, particularly for chronic conditions that affect vision and quality of life. The growth of veterinary ophthalmology services tailored to dogs, including specialized clinics and advanced surgical techniques, has enhanced the market's focus on this application segment.

Based on region, In 2023, the Northeast region was the second most dominated region in the United States veterinary eye care market. This region includes major states such as New York, Massachusetts, and Pennsylvania, which have substantial pet populations and a high concentration of veterinary practices and specialized clinics. The Northeast's strong presence in veterinary eye care is due to several factors. The region benefits from a high density of both urban and suburban areas, which provides access to a broad client base seeking specialized eye care services for their pets. The Northeast is home to numerous prestigious veterinary schools and research institutions that contribute to the advancement of veterinary medicine, including ophthalmology. Economic factors also play a role, as higher average incomes in the Northeast often translate into greater spending on pet health care. Pet owners in this region are increasingly aware of the importance of specialized eye care, driving demand for advanced diagnostics, treatments, and surgeries.

 

Major companies operating in the United States Veterinary Eye Care Market are:

  • Reichert, Inc
  • Innovacyn, Inc.
  • Boehringer Ingelheim Animal Health USA Inc.
  • Merck Animal Health USA
  • Zoetis Services LLC
  • Dechra Pharmaceuticals Products
  • Sandoz US Inc.
  • Ceva Animal Health, LLC
  • Alcon Management S. A
  • IRIDEX Corporation

 

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“The United States veterinary eye care market is expanding due to the increasing prevalence of ocular conditions in pets, such as cataracts, retinal diseases, and corneal ulcers. The focus on research and development is driving the creation of medications that are easier to administer. This includes eye drops, gels, and oral formulations that simplify the process for pet owners, improving compliance with treatment regimens. As a result, pets receive more consistent care, leading to better health outcomes. The broader availability of these specialized medications is enabling veterinarians to offer more tailored treatments for various ocular diseases, further improving the standard of care. The growth of veterinary referral networks, where general practitioners collaborate with specialists in veterinary ophthalmology, is also contributing to the market’s development. Pet insurance companies are increasingly covering eye care procedures, making it more affordable for pet owners to pursue advanced treatments. The market is also witnessing an increase in preventive care programs, with a focus on regular eye exams and early intervention strategies”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

United States Veterinary Eye Care Market By Type (Eye Care Products, Eye Care Services), By Indication (Ocular Surface Disorders, Glaucoma, Cataract, Infectious Diseases, Other Indications), By Application (Dog, Cat, Others), By Region, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth potential of United States Veterinary Eye Care  Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Veterinary Eye Care Market.

 

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United States Veterinary Eye Care Market By Type (Eye Care Products, Eye Care Services), By Indication (Ocular Surface Disorders, Glaucoma, Cataract, Infectious Diseases, Other Indications), By Application (Dog, Cat, Others), By Region, Competition, Forecast and Opportunities, 2019-2029F

Healthcare | Sep, 2024

Increasing pet ownership and spending on pet care and advancements in veterinary ophthalmic diagnostics and treatments are expected to drive the United States Veterinary Eye Care Market growth in the forecast period, 2025-2029.

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