Equine Health Market by Product (Drug Class, {Anti-Infective, Anti-Inflammatory, Parasiticides, Others}, Vaccines {Inactivated, Live Attenuated, Recombinant, Others}, Supplemental Feed Additives), by Disease Type (West Nile Virus, Equine Rabies, Equine Influenza, Equine Herpes Virus, Potomac Horse Fever, Tetanus, Others), by Distribution Channel (Veterinary Hospitals And Clinics, Retail Pharmacies, Drug Stores, Others), by By Product (Drug Class), by Europe (Germany, U.K., France, Italy, Spain, Scandinavia, Rest of Europe), by Asia Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa (GCC, South Africa, Rest of the Middle East & Africa) Forecast 2024-2032
The Equine Health Market size was valued at USD 1.84 USD Billion in 2023 and is projected to reach USD 2.90 USD Billion by 2032, exhibiting a CAGR of 6.7 % during the forecast period. Equine health is a concept related to having all-around healthy, emotionally stable, and high-performing horses. Spanning nutrients, workouts, preventing disease, and veterinary care, this book speaks on multiple topics. The different health-related issues in horses range from muscular skeleton problems, respiratory disorders, infectious diseases, and teeth matters. Regular check-ups, treatment plans suitable to the breed, the correct eating regime, and the specific vaccination are the main components that lead to a healthy horse. The possible impacts of equine health principles in racehorses and sports quality horses, medical care and equine practices mare and stud management, and general all-horse care are ever more apparent. The healthiness of the horses is one of the most societally influential aspects since it is rather important for performance enrichment, longevity of life, and liveable conditions of the horses in the different arenas.
Product:
Disease Type:
Distribution Channel:
The equine health market report provides a comprehensive analysis of the global market, covering:
The equine health market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are the dominant regions due to the high prevalence of horses and well-developed equine healthcare systems.
Drivers: Growing number of horses, rising disposable income, and increasing awareness of equine health.
Restraints: High cost of equine healthcare and regulatory hurdles.
Opportunities: Technological advancements and growing demand for preventive care.
Challenges: Counterfeit and substandard products.
Trends: Precision medicine, AI/ML, and novel vaccines and therapeutics.
The pricing of equine health products depends on several factors, including the type of product, brand, dosage, and distribution channel. Vaccines are typically more expensive than drugs, and branded products are generally more expensive than generic products.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 6.7 % from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 6.7 % from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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