South Korea Veterinary Eye Care Market Size & Outlook
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South Korea veterinary eye care market highlights
- The South Korea veterinary eye care market generated a revenue of USD 36.9 million in 2023 and is expected to reach USD 61.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, treatment was the largest revenue generating type in 2023.
- Treatment is the most lucrative type segment registering the fastest growth during the forecast period.
Veterinary eye care market data book summary
| Market revenue in 2023 | USD 36.9 million |
| Market revenue in 2030 | USD 61.4 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Treatment |
| Fastest growing segment | Treatment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnosis, Treatment |
| Key market players worldwide | AMETEK Inc, Boehringer Ingelheim, Merck & Co Inc, Zoetis Inc Class A, Dechra Pharmaceuticals, Sandoz Group AG ADR, Ceva Santé Animale, Bausch & Lomb Corp, Alcon Inc, Baxter International Inc, IRIDEX Corp, IDEXX Laboratories Inc, LKC Technologies, Inc. (LKC), Optomed |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.8% of the global veterinary eye care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India veterinary eye care market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 388.4 million by 2030.
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Veterinary Eye Care Market Scope
Veterinary Eye Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sandoz Group AG ADR | View profile | - | - | - |
| LKC Technologies, Inc. (LKC) | View profile | 11-50 | Gaithersburg, Maryland, United States, North America | http://www.lkc.com |
| Optomed | View profile | 101-250 | Oulu, Oulu, Finland, Europe | http://www.optomed.com |
| IRIDEX Corp | View profile | 139 | 1212 Terra Bella Avenue, Mountain View, CA, United States, 94043 | https://www.iridex.com |
| Ceva Santé Animale | View profile | 5001-10000 | Libourne, Aquitaine, France, Europe | https://www.ceva.us |
| AMETEK Inc | View profile | 21500 | 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 | https://www.ametek.com |
| Dechra Pharmaceuticals | View profile | 501-1000 | Northwich, Cheshire, United Kingdom, Europe | http://www.dechra.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| IDEXX Laboratories Inc | View profile | 11000 | One IDEXX Drive, Westbrook, ME, United States, 04092 | https://www.idexx.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Zoetis Inc Class A | View profile | 14100 | 10 Sylvan Way, Parsippany, NJ, United States, 07054 | https://www.zoetis.com |
| Bausch & Lomb Corp | View profile | 13300 | 520 Applewood Crescent, Vaughan, ON, Canada, L4K 4B4 | https://www.bausch.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
South Korea veterinary eye care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary eye care market will help companies and investors design strategic landscapes.
Treatment was the largest segment with a revenue share of 59.89% in 2023. Horizon Databook has segmented the South Korea veterinary eye care market based on diagnosis, treatment covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Veterinary Eye Care Type Outlook (Revenue, USD Million, 2018-2030)
- Treatment
- Other Treatment
- Lenses
- Intraocular Lenses
- Bandage Lenses
- Laser Devices
- Medications
- Corticosteroids
- Antibiotics
- NSAIDs
- Other Drugs
- Diagnosis
- Ophthalmic Test Kits
- Electroretinogram (ERG)
- Pachymeter
- Other Diagnosis
- Ophthalmoscopes
- Tonometers
- Fundus Camera
- Treatment
- South Korea Veterinary Eye Care Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Canine
- Bovine
- Other Animal Type
- Feline
- Equine
- South Korea Veterinary Eye Care Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Oral
- Injectable
- Topical
- South Korea Veterinary Eye Care Indication Outlook (Revenue, USD Million, 2018-2030)
- Retinal Complications
- Uveitis
- Corneal Complications
- Other Indications
- Eyelid Abnormalities
- Glaucoma
- Conjunctivitis
- Cataract
- South Korea Veterinary Eye Care Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- Pet Specialty Stores
- E-Commerce
- Other Sales Channels
- Veterinary Hospitals & Clinics
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Target buyers of South Korea veterinary eye care market databook
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Our clientele includes a mix of veterinary eye care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea veterinary eye care market , including forecasts for subscribers. This country databook contains high-level insights into South Korea veterinary eye care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea veterinary eye care market size, by lenses, 2018-2030 (US$M)
South Korea Veterinary Eye Care Market Outlook Share, 2023 & 2030 (US$M)
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