China Animal Wound Care Market Size & Outlook, 2023-2030
China animal wound care market, 2018-2030 (US$M)
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China animal wound care market highlights
- The China animal wound care market generated a revenue of USD 54.9 million in 2023 and is expected to reach USD 100.0 million by 2030.
- The China market is expected to grow at a CAGR of 8.9% 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.
Animal wound care market data book summary
| Market revenue in 2023 | USD 54.9 million |
| Market revenue in 2030 | USD 100.0 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Surgical wound care products |
| Fastest growing segment | Therapy Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 4.8% of the global animal wound care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China animal wound care market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 100.0 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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China 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 42.26% in 2023. Horizon Databook has segmented the China 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.
The growing number of companion animals has boosted China’s veterinary industry, including the animal wound care market. With surge in the number of companion animals, owners are becoming more and more aware of their companion’s health & nutrition and are also seeking regular veterinary services.
Thereby, the significant animal population is driving the demand for varied forms of animal healthcare products. In addition, the country’s social news reports suggest that in 2021, the population of one-person households reached more than 125 million, and most of these people prominently seek the companionship of pets.
Owning pets in China is also seen as a symbol of status and wealth with healing power, which has consequently increased the adoption of companion animals in the country, thereby fueling growth potential of the animal wound care market over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China animal wound care market , including forecasts for subscribers. This country databook contains high-level insights into China animal wound care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China animal wound care market size, by product, 2018-2030 (US$M)
China Animal Wound Care Market Outlook Share, 2023 & 2030 (US$M)
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