Feline Atopic Dermatitis Treatment Industry Navigates Toward a Projected US$ 7 Billion Milestone by 2032-FMI Projection
Feline Atopic Dermatitis Treatment Industry
Over the course of the assessment period, the treatments for feline atopic dermatitis industry sales is anticipated to expand at a 4.5% CAGR from 2022 to 2032. Sales of treatments for feline atopic dermatitis are expected to reach US$ 5 billion by the end of 2022. The market is developing largely as a result of cats becoming more and more popular companion animals worldwide.
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Feline Atopic Dermatitis Treatment Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.
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The team of analysts at Future Business Insights are focussing on research and market study to produce different Feline Atopic Dermatitis Treatment Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Feline Atopic Dermatitis Treatment Market.
Key Takeaways:
- Rising Prevalence: Feline atopic dermatitis is on the rise, necessitating effective treatment options for affected cats.
- Treatment Innovation: The market is witnessing innovations in treatments, including therapies aimed at alleviating the discomfort associated with this skin condition.
- Growing Awareness: Pet owners and veterinarians are becoming more aware of feline atopic dermatitis, leading to early diagnosis and treatment.
- Veterinary Care: Increased veterinary care for feline skin conditions is driving the demand for treatments in the market.
- Market Expansion: The feline atopic dermatitis treatment market is likely to continue growing as new therapies and products are developed to address this condition.
Key Players
The key market players operating in the feline atopic dermatitis treatment market are: Bausch Health Companies Inc., Bayer AG, Pfizer Inc., Novartis AG, Eli Lily Company, Sanofi, Bristol-Myers Squibb Company, Boehringer Ingelheim International GmbH and others.
Segmentation
The global feline atopic dermatitis treatment market is segmented on the basis of the drug class, route of administration, distribution channel and region
By drug class, the global feline atopic dermatitis treatment market is segmented as:
- Corticosteroids
- Antihistamines
- Antibiotics
By route of administration, the global feline atopic dermatitis treatment market is segmented as:
- Oral
- Topical
- Injectable
By distribution channel, the global feline atopic dermatitis treatment market is segmented as:
- Veterinary Pharmacies
- Retail Pharmacies
- Online Pharmacies
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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