Japan Companion Animal Ear Infection Treatment Market Size & Outlook
Japan companion animal ear infection treatment market, 2018-2030 (US$M)
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Japan companion animal ear infection treatment market highlights
- The Japan companion animal ear infection treatment market generated a revenue of USD 55.9 million in 2023 and is expected to reach USD 99.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.5% 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 55.9 million |
| Market revenue in 2030 | USD 99.2 million |
| Growth rate | 8.5% (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, Japan accounted for 8.9% 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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Japan 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 44.01% in 2023. Horizon Databook has segmented the Japan 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 ownership of pet animals and rising awareness about the health of food animals are driving the market in Japan. Rapidly aging population and increasing number of people living alone are factors contributing to the increasing adoption of pets.
According to Japan Pet Food Association, in 2020, as compared to the previous year, there was a 15% increase in dog and cat ownership. As of 2021, Japan had an estimated 7.1 million dogs and 9.0 million cats as pets. Moreover, increasing risk of zoonotic diseases is likely to drive the country’s market. Availability of veterinary medicinal products and services is further boosting market growth in Japan.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan companion animal ear infection treatment market , including forecasts for subscribers. This country databook contains high-level insights into Japan companion animal ear infection treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan companion animal ear infection treatment market size, by product, 2018-2030 (US$M)
Japan Companion Animal Ear Infection Treatment Market Outlook Share, 2023 & 2030 (US$M)
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