With the development of the times, pets are entering more and more families. Influenced by factors such as the improvement of residents’ income levels, aging of the population, and the transformation of pets’ roles in families, the Chinese pet market is growing rapidly. According to statistics from China Industry Information Network, the scale of the pet industry reached 16 billion yuan in 2009, and exceeded 50 billion yuan in 2014, with an average annual compound growth rate of over 20%

01 Pet healthcare has become the second largest market Individual hospitals account for 80% In recent years, there has been a growing trend of pet ownership in society, with more and more people keeping pets. According to data, the number of dogs and cats kept as pets in China exceeded 100 million in 2020, and as of October 2022, the economic market size of the pet industry has reached 300 billion yuan. With the change in pet ownership philosophy, pet

In recent years, China’s pet industry has developed rapidly. With the improvement of people’s consumption level, the number of pets has soared in the past few years, and the demand for pet diagnosis and treatment has also increased. Coupled with the support of capital, pet medical devices have gradually entered the public view as a new blue ocean. China’s pet medical market is growing rapidly, and there is ample room for domestic substitution The domestic pet consumption market is rapidly