Veterinary Ophthalmic Equipment Sales to Attain US$ 739.8 Million By 2033-End; United States To Emerge As Highly Remunerative Market
The market for veterinary ophthalmic equipment is expected to reach US$ 494.3 million in 2023 and grow at a 4.1% CAGR through 2033. As a result, it is anticipated that the global market for veterinary ophthalmic equipment will be worth US$ 739.8 million by the end of 2033.
Through 2033, market growth is expected to be aided by the rising number of companion animals as a result of an increase in the number of people who need mental and physical company in times of loneliness, especially older people. Over the next 10 years, it is also projected that rising pet ownership would boost sales of veterinary ophthalmic equipment.
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Which Country Should Veterinary Ophthalmic Equipment Suppliers Target in North America?
The United States is a highly advantageous market for veterinary medical supplies and pet care services in the future due to the country’s well-developed veterinary healthcare infrastructure. Through 2033, it is predicted that the country would see an increase in shipments of veterinary ophthalmic devices due to the presence of numerous veterinarians, high pet spending, expanding pet ownership, and growing knowledge of veterinary services.
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- As per a National Pet Owners Survey conducted by the American Pet Products Association (APPA), nearly 70% of households in the United States owned a pet as recorded for 2021 to 2022. This was up from a previously recorded 67% in 2019.
- As per statistics listed on the Petkeen website, spending on pets in the United States amounted to an estimated US$ 109 million in 2021.
Key Players
- Ocularvision Inc.
- an-vision
- Halma Plc. (Keeler)
- Revenio Group Oyj (Icare Finland Oy)
- Bausch & Lomb Incorporated
- Eidolon Optical LLC
- Guangzhou Yueshen Medical Equipment Co. Ltd.
- Ocularvision Inc.
- Nanjing Redsun Optical Co. Ltd.
- Welch Allyn
- LKC Technologies Inc.
- AMETEK Inc. (Reichert Inc.)
- Metall Zug (Haag-streit)
- Optibrand Ltd. LLC
- HEINE Optotechnik GmbH & Co. KG
This global Veterinary Ophthalmic Equipment industry research analysis includes industry share, size, consumption, cost, revenue, CAGR, production, gross margin, and market influencing factors. This research is a complete numerical examination of a firm that provides data for generating market growth and success strategies. The study provides industry size, revenue, gross margin, price, and market share estimations, as well as cost structure and decision-making growth rates. It offers a comprehensive analysis of the market, covering data on several factors such as drivers, constraints, opportunities, and threats. This data can assist stakeholders in making informed decisions prior to investing.
Secondary research comprises an in-depth investigation of stock prices, retail transactions, and other relevant facts. Domestic and global politics, new buying patterns, composite economic predictions, technical breakthroughs, and the environmental implications of the Veterinary Ophthalmic Equipment sectors are all thoroughly examined. Furthermore, it contains a specialized segmentation focusing on a number of categories, allowing for a comprehensive examination of any consumer goods. Similarly, the study estimates Veterinary Ophthalmic Equipment market share based on existing and predicted market growth.
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This research gives extensive market knowledge with leading profiles in the Veterinary Ophthalmic Equipment market. It contains data that has been verified using a limited number of research approaches and primary or secondary sources. Elements including drivers, share, size, market revenues, potential and problems, important players, domination nations, changing Veterinary Ophthalmic Equipment market dynamics, economic instability, and other competitive features are thoroughly recognized by experts SWOT, PESTEL, primary and secondary research procedures, and different analytic procedures are used to develop the consumer study.
The thesis includes a wide range of themes, such as important product offers, industry history, important statistics, risk analysis, marketing and sales strategies, product growth, recent advancements and new product releases, innovation and progress, and a variety of Veterinary Ophthalmic Equipment business practices.
Veterinary Ophthalmic Equipment Industry Research Segmentation
- By Product :
- Diagnostic Devices
- Tonometers
- Applanation Tonometers
- Rebound Tonometers
- Fundus Cameras
- Portable ERG Devices
- Ophthalmoscopes
- Slit Lamps
- Tonometers
- Surgical Equipment & Disposables
- Operating Microscopes
- Phacoemulsification Devices
- Ophthalmic Surgical Instruments
- Bandage Contact Lenses
- Viscoelastics
- Intraocular Lenses
- Diagnostic Devices
- By End User :
- Veterinary Medical Centers & Colleges
- Veterinary Hospitals
- Veterinary Clinics
- Small Animal Clinics
- Large Animal Clinics
- Exotic Animal Clinics
- By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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Key Points Covered in the Veterinary Ophthalmic Equipment Report:
• The Veterinary Ophthalmic Equipment market study often examines important trends, risks and incentives, components, industry conditions, and difficulties in the global market.
• The report employed a variety of data and graphs to present a more complete picture of the Veterinary Ophthalmic Equipment market.
• The global analysis contained a preliminary assessment of the industry’s size as well as a full review of the sector.
• This research gives a fast snapshot of the current situation of worldwide regions. The Veterinary Ophthalmic Equipment report includes top sellers, unions, stores, malls, and enterprises.
• The report also contains comprehensive insights into the market segmentation.
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