Asia Pacific Animal Wound Care Market Size & Outlook
Asia Pacific animal wound care market, 2018-2030 (US$M)
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Asia Pacific animal wound care market highlights
- The Asia Pacific animal wound care market generated a revenue of USD 204.9 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, surgical wound care products was the largest revenue generating product in 2023.
- Therapy Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 204.9 million |
| Market revenue in 2030 | USD 358.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Surgical wound care products |
| Fastest growing segment | Therapy Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound care Products, Therapy Devices |
| Key market players worldwide | B. Braun, Medtronic PLC, 3M Co, Johnson & Johnson, Virbac SA, Neogen Corp, ADA Animal Hospital, Innovacyn, Vernacare |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.0% of the global animal wound care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 358.1 million by 2030.
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Animal Wound Care Market Scope
Animal Wound Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific animal wound 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 animal wound care market will help companies and investors design strategic landscapes.
Surgical wound care products was the largest segment with a revenue share of 42.56% in 2023. Horizon Databook has segmented the Asia Pacific animal wound care market based on surgical wound care products, advanced wound care products, traditional wound care products, therapy devices covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in awareness about livestock diseases further fuels regional market growth. The growing disposable income drives the probability of adoption of companion animals, which also widens future growth prospects. Pet insurance is also gaining traction in the region, as an insurance policy bought by a companion animal owner helps reduce the overall costs of expensive veterinary bills.
Furthermore, continual upgradation of healthcare infrastructure is anticipated to present the market with high growth opportunities over the forecast period. Initiatives undertaken by key market players also drive regional market growth.
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Target buyers of Asia Pacific animal wound care market databook
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Our clientele includes a mix of animal wound 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 continent-level data and insights on the Asia Pacific animal wound care market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific animal wound care market size, by country, 2018-2030 (US$M)
Asia Pacific Animal Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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