Spain Companion Animal Ear Infection Treatment Market Size & Outlook
Spain companion animal ear infection treatment market, 2018-2030 (US$M)
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Spain companion animal ear infection treatment market highlights
- The Spain companion animal ear infection treatment market generated a revenue of USD 20.0 million in 2023 and is expected to reach USD 30.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 6% 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 20.0 million |
| Market revenue in 2030 | USD 30.0 million |
| Growth rate | 6% (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, Spain accounted for 3.2% 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 Europe, Germany companion animal ear infection treatment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 45.8 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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Spain 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% in 2023. Horizon Databook has segmented the Spain 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.
Key factors such as willingness of pet owners to opt for veterinary treatments, such as vaccinations, supplements, and alternative treatment options including treatment for ear infection, are improving the lives of pets & driving the market.
Moreover, increase in pet ownership has fueled the companion animal ear infection treatment market in Spain. According to a study published by Spanish Network for Pet Identification, in 2018, there were approximately 13.0 million registered pets in Spain, and the number is still increasing at a high rate.
Dogs accounted for 26% of the 13 million registered pets, while cats accounted for 11% in Spain. Increase in initiatives undertaken by the Spanish government and nongovernment organizations in the field of veterinary health, as well as growth in awareness among pet owners about animal health, are factors expected to drive the market in Spain.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain companion animal ear infection treatment market , including forecasts for subscribers. This country databook contains high-level insights into Spain companion animal ear infection treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain companion animal ear infection treatment market size, by product, 2018-2030 (US$M)
Spain Companion Animal Ear Infection Treatment Market Outlook Share, 2023 & 2030 (US$M)
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