Global Veterinary Eye Care Market (2021 to 2026) – Growth, Trends, and Forecasts – ResearchAndMarkets.com

Global Veterinary Eye Care Market (2021 to 2026) – Growth, Trends, and Forecasts – ResearchAndMarkets.com




Global Veterinary Eye Care Market (2021 to 2026) – Growth, Trends, and Forecasts – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Veterinary Eye Care Market – Growth, Trends, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.

Veterinary Eye Care Market is expected to envision a CAGR of 3% during the forecast period. The market currently is experiencing tremendous growth due to the rising adoption of companion animals coupled with increasing pet insurance which is giving rise to animal healthcare expenditures and thus propelling the growth of the market.

Companies Mentioned

  • Akorn, Incorporated
  • Bausch & Lomb Incorporated
  • Boehringer Ingelheim International GmbH
  • I-MED Animal Health
  • Innovacyn, Inc.
  • MiracleCorp
  • NUTRI-VET
  • Zoetis

Key Market Trends

Eye Care Products Boost the Market Growth

The Veterinary Eye Care Market by type is segmented into, Eye Care Product and Eye Care Services. Veterinary Eye Care Products dominate the market currently, Increase in the prevalence of eye disorders in animal and growing awareness related to animal eye care drives the market growth. Animal eye care products are used in cleaning animal’s eyes, treating infections, and ocular diseases. Cyclosporine and Tacrolimus are the most recommended drug for eye diseases and thus expected to boost the market growth in the forecast period.

North America to Remain the Largest Veterinary Eye Care Market

Globally, North America dominates the global Veterinary Eye Care Market owing to the high demand for Veterinary Eye Care products due to the increased adoption of pets in this region. Robust veterinary healthcare infrastructure increased veterinary healthcare spending and rising veterinary practices will serve as the major factors pertaining to the growth in this region. According to the American Veterinary Medical Association, there were a total of 113,398 veterinary practitioners practicing in the United States in 2018, as compared to 110,531 practitioners in 2017. An increase in the veterinary hospitals and clinics and favorable government policies and easy access to medical reimbursement policies will further project the growth in this region. For instance, according to a report published by the North American Pet Health Insurance Association (NAPHIA) in 2018, approximately 2.0 million pets were covered in health insurance in United State and estimated that this trend will increase exponentially in the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Burden of Eye Diseases in Animals

4.2.2 Rising Adoption of Animal Companion

4.3 Market Restraints

4.3.1 High Cost

4.3.2 Lack of Awareness

4.4 Porter’s Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Type

5.2 By Indication

5.3 By Application

5.4 By Geography

5.4.1 North America

5.4.1.1 United States

5.4.1.2 Canada

5.4.1.3 Mexico

5.4.2 Europe

5.4.2.1 Germany

5.4.2.2 United Kingdom

5.4.2.3 France

5.4.2.4 Italy

5.4.2.5 Spain

5.4.2.6 Rest of Europe

5.4.3 Asia Pacific

5.4.3.1 China

5.4.3.2 Japan

5.4.3.3 India

5.4.3.4 Australia

5.4.3.5 South Korea

5.4.3.6 Rest of Asia-Pacific

5.4.4 Middle East and Africa

5.4.4.1 GCC

5.4.4.2 South Africa

5.4.4.3 Rest of Middle East and Africa

5.4.5 South America

5.4.5.1 Brazil

5.4.5.2 Argentina

5.4.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/g6j8q0

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