Veterinary Lasers Market Size, Share, Growth Analysis, By Product(Therapeutic and Surgical), By Animal Type(Dogs, Cats, Others), By Region - Industry Forecast 2024-2031

Global Veterinary Lasers Market size was valued at USD 90.77 billion in 2022 and is poised to grow from USD 97.85 billion in 2023 to USD 178.45 billion by 2031, growing at a CAGR of 7.80% during the forecast period (2024-2031).

The rise in acute and chronic conditions affecting animals is a key element fueling the market for veterinary lasers. Veterinary lasers have been widely used in veterinary medicine and surgical procedures because they have been shown to be extremely successful for drug-free, pain-free treatment and for accelerating healing. Many chronic illnesses, such as gingivitis, stomatitis, neurological, musculoskeletal, and dermatological disorders, are treated with veterinary lasers. According to this veterinary laser market report, the demand for and increasing usage of veterinary lasers are both anticipated to increase during the forecast period. Technology advances, strategic moves by leading firms, increased laser system adoption by veterinary care providers, and rising demand for therapeutic lasers are some of the main factors fueling the market's expansion. In 2021, there were around 118,624 veterinarians working in the United States, according to the American Veterinary Medical Association. The market is expanding due in part to a rise in the number of veterinary hospitals and clinics. The manufacture and distribution of lasers intended exclusively for veterinary purposes is the focus of the smaller veterinary lasers market, which is a subsegment of the larger medical lasers market. These tools use precise light wavelengths to cure a variety of medical issues in animals.

US Veterinary Lasers Market is poised to grow at a sustainable CAGR for the next forecast year.