Feline Atopic Dermatitis Treatment Market is Purring Progress Toward a Projected US$ 7 Billion Milestone by 2032-FMI Study

The feline atopic dermatitis treating market is expected to grow at a 4.5% CAGR from 2022 to 2032 over the assessment period. By the end of 2022, it is anticipated that sales of therapies for feline atopic dermatitis will total US$ 5 billion. The market is expanding mostly due to the growing adoption of cats as companion animals around the world.

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:

  1. Rising Prevalence: Feline atopic dermatitis is on the rise, necessitating effective treatment options for affected cats.
  2. Treatment Innovation: The market is witnessing innovations in treatments, including therapies aimed at alleviating the discomfort associated with this skin condition.
  3. Growing Awareness: Pet owners and veterinarians are becoming more aware of feline atopic dermatitis, leading to early diagnosis and treatment.
  4. Veterinary Care: Increased veterinary care for feline skin conditions is driving the demand for treatments in the market.
  5. 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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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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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