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:
- 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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