2023 China Pet Medical Industry White Paper
Delve into the evolving Chinese pet medical sector with our in-depth industry report. Gain knowledge on market trends and product innovation to empower business growth.
The most updated valuable reference for understanding the industry
The 2023 China Pet Medical Industry White Paper covers a wide range of categories, including industry development, diagnostic and treatment standards, pet medicines and health supplements, pet medical equipment, and more. With data collected from over 4,000 pet clinics and hospitals, our research provides an accurate reflection of the industry's current situation. It also includes special surveys involving veterinarians, hospital directors, and pet owners to deeply explore perceptions and trends in pet healthcare. Trustworthy data sources, rigorous research methodologies, and in-depth analysis make our report an invaluable resource for stakeholders in the pet medical Industry. Make informed decisions, identify opportunities, and navigate market uncertainty with our comprehensive research.
Industry highlights
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Market size
The size of the pet medical industry market in China is approximately 70 billion CNY (~10bn USD) in 2023, accounting for around 24% of the entire pet industry.
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Significant room for growth
88 large-scale production enterprises with annual sales exceeding 200 million CNY, accounting for 5.52% of the total number of companies.
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E-commerce platforms are the main consumption channels
Almost 80% of pet owners purchase pet care products through Taobao, JD.com, Pinduoduo, Douyin, etc.
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Opportunities for revenue growth
Over 60% of pet hospitals identify preventive medicine as the preferred strategy to grow their business revenue.
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Direction of devices and equipment
In terms of the future development direction of pet medical devices, the industry favors in vitro testing, imaging, and minimally invasive surgical devices.
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Pet health supplements
When pets encounter minor health issues, nearly 40% of owners search online for solutions. Over 80% of pet owners follow supplement brands on social media, and nearly 90% are willing to try new products and participate as testers for pet health supplements.
News and Events
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Official Launch of the 2023 China Pet Medical I...
Hangzhou Hosts the Launch of the 2023 China Pet Medical Industry White Paper. The East and West Small Animal Veterinary Conference partners with FLASH Diagnostics Limited (Hong Kong) for global promotion of...
Official Launch of the 2023 China Pet Medical I...
Hangzhou Hosts the Launch of the 2023 China Pet Medical Industry White Paper. The East and West Small Animal Veterinary Conference partners with FLASH Diagnostics Limited (Hong Kong) for global promotion of...
