Market revenue in 2023 | USD 309.2 million |
Market revenue in 2030 | USD 489.8 million |
Growth rate | 6.8% (CAGR from 2023 to 2030) |
Largest segment | Anti-bacterial |
Fastest growing segment | Anti-fungal |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 44.08% in 2023. Horizon Databook has segmented the North America 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.
North America dominated the companion animal ear infection treatment market in 2021. The local presence of major animal healthcare companies is one of the key factors contributing to market growth. Moreover, the introduction of veterinary health information systems in the region enabled real-time diagnosis.
This is anticipated to enable R&D activities and increase new product development. Furthermore, the increased number of veterinary clinics and veterinarians in the region is further boosting market growth. For example, there were around 118,624 veterinarians present in the U.S. in 2020, according to the American Veterinary Medical Association (AVMA).
The market is highly competitive with the presence of several large- and small-scale players. Most companies typically focus on R&D, mergers, acquisitions, collaborations, and partnerships to achieve a greater market share.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America companion animal ear infection treatment market , including forecasts for subscribers. This continent databook contains high-level insights into North America companion animal ear infection treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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