China Companion Animal Ear Infection Treatment Market Size & Outlook
China companion animal ear infection treatment market, 2018-2030 (US$M)
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China companion animal ear infection treatment market highlights
- The China companion animal ear infection treatment market generated a revenue of USD 41.3 million in 2023 and is expected to reach USD 75.0 million by 2030.
- The China market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, anti-bacterial was the largest revenue generating product in 2023.
- Anti-fungal is the most lucrative product segment registering the fastest growth during the forecast period.
Companion animal ear infection treatment market data book summary
| Market revenue in 2023 | USD 41.3 million |
| Market revenue in 2030 | USD 75.0 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Anti-bacterial |
| Fastest growing segment | Anti-fungal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti-bacterial, Anti-fungal, Corticosteroids, Others (Acaricidals, Cyclosporins) |
| Key market players worldwide | Zoetis, Elanco Animal Health Inc, Dechra Pharmaceuticals, Merck & Co Inc, Vetoquinol SA, Virbac SA, CEVA Inc, Penn Veterinary Supply Inc, Vedco |
Other key industry trends
- In terms of revenue, China accounted for 6.6% of the global companion animal ear infection treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan companion animal ear infection treatment 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 27.6 million by 2030.
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Companion Animal Ear Infection Treatment Market Scope
Companion Animal Ear Infection Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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China companion animal ear infection treatment 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 companion animal ear infection treatment market will help companies and investors design strategic landscapes.
Anti-bacterial was the largest segment with a revenue share of 44.07% in 2023. Horizon Databook has segmented the China companion animal ear infection treatment market based on anti-bacterial, anti-fungal, corticosteroids, others (acaricidals, cyclosporins) covering the revenue growth of each sub-segment from 2018 to 2030.
Growing prevalence of zoonotic and foodborne diseases in China has driven companies to develop successful veterinary medicines & products for animals & pets. Increase in demand for veterinary products is supported by growing spending on animal healthcare and favorable regulatory scenario for animal product approval in China.
Launch of products, acquisitions, and R&D activities are key strategies adopted by players in the market. In January 2022, Elanco’s Zorbium, a topical application for cats, received U.S. approval. The company also expanded its pain management offerings while addressing the unmet needs of veterinary practices.
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Horizon Databook provides a detailed overview of country-level data and insights on the China companion animal ear infection treatment market , including forecasts for subscribers. This country databook contains high-level insights into China companion animal ear infection treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China companion animal ear infection treatment market size, by product, 2018-2030 (US$M)
China Companion Animal Ear Infection Treatment Market Outlook Share, 2023 & 2030 (US$M)
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