Companion Animal Ear Infection Treatment Market Worth $877.3 Million By 2028
Companion Animal Ear Infection Treatment Industry Overview The global companion animal ear infection treatment market size was valued at USD 531.2 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028. Increased prevalence of otitis externa in pets is propelling the market growth. According to Dechra Pharmaceuticals, otitis or ear infection is the final diagnosis in 2% of all feline and 5% of all canine consultations currently. During the COVID-19 pandemic, limited operation of veterinary clinics due to stringent lockdown norms consequently resulted in a decline in veterinary visits, thus impacting the market. However, the market has shown a V-shaped recovery during the 3rd quarter of 2020 due to the resumption of pet clinics and ease of norms. According to IDEXX, U.S. clinic visits increased by 6% in Q4 2020 from the last quarter, which is expected to boost the market growth over the forecast period. Gather more insights about...