China Cerumen Removal Market Size & Outlook, 2023-2030
China cerumen removal market, 2018-2030 (US$M)
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China cerumen removal market highlights
- The China cerumen removal market generated a revenue of USD 287.3 million in 2023 and is expected to reach USD 462.5 million by 2030.
- The China market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Cerumen removal market data book summary
| Market revenue in 2023 | USD 287.3 million |
| Market revenue in 2030 | USD 462.5 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Medline Industries, Henry Schein Inc, McKesson Corp, Cardinal Health Inc, Owens & Minor Inc, Cipla Ltd DR, GlaxoSmithKline, Open Text Corp, Eosera, Target |
Other key industry trends
- In terms of revenue, China accounted for 12.5% of the global cerumen removal market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cerumen removal market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 98.0 million by 2030.
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Cerumen Removal Market Scope
Cerumen Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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China cerumen removal 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 cerumen removal market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 88.03% in 2023. Horizon Databook has segmented the China cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Cerumen impaction is prevalent in children and the geriatric population. As per a study published in National Library of Medicine in 2017, the prevalence of cerumen impaction in children studying in kindergarten was 17.2%.
In addition, with increasing geriatric population, the prevalence of cerumen impaction is anticipated to increase, thereby creating an opportunity for the market to grow over a forecast period. Ear cleaning is not only a hygiene issue in China but also an important part of the culture of China, and the people believe that ear cleaning is a regular traditional practice.
The increasing awareness about cerumen impaction has raised the adoption of cerumen removal tools. Moreover, presence of local players for cerumen removal tools in China is boosting market growth. These tools are widely available on online websites, and with changing trend toward ecommerce, the market is anticipated to grow over the forecast period.
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Our clientele includes a mix of cerumen removal 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 China cerumen removal market , including forecasts for subscribers. This country databook contains high-level insights into China cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cerumen removal market size, by end use, 2018-2030 (US$M)
China Cerumen Removal Market Outlook Share, 2023 & 2030 (US$M)
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