The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Equine Healthcare Market Size, Growth Rate, And Forecast:
The global equine healthcare market size grew from $1.28 billion in 2022 to $1.37 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The equine healthcare market size is expected to grow to $1.76 billion in 2027 at a CAGR of 6.5%.
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Equine Healthcare Market Drivers:
The growing awareness of animal healthcare will support the growth of the equine healthcare market during the forecast period. People are becoming more aware of the importance of animals in the ecosystem, and animal health is critical not just for their safety and well-being, but also for the safety and well-being of humans. The diseases in animals can easily be transferred to humans hence, governments and private institutions are investing to develop the animal healthcare infrastructure in various countries.
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Equine Healthcare Market Segments
•By Product Type: Drugs, Vaccines, Medical Feed Additives
•By Disease: Equine Influenza, Equine Herpes virus, Equine Encephalomyelitis, West Nile Virus, Equine Rabies, Potomac Horse Fever, Tetanus
•By Distribution: Veterinary Hospitals and Clinics, Retail Pharmacy, Online Pharmacies
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in equine healthcare market.
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Equine Healthcare Market Key Players:
Major competitors in the equine healthcare market Ethos Veterinary Health LLC, Greencross Limited, Idexx Laboratories, National Veterinary Care Ltd., Patterson Companies Inc., Addison Biological Laboratory Inc., Animart LLC, CVS Group PLC, Merck & Co. Inc., Zoetis, Boehringer Ingelheim, Covetrus, Elanco, Bayer AG, Ceva Sante Animale, Virbac, and Vetoquinol.
The Business Research Company’s “Global Equine Healthcare Market Report 2023” is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market’s historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Equine Healthcare Market Include:
1. Executive Summary
2. Equine Healthcare Market Characteristics
3. Equine Healthcare Market Trends And Strategies
4. Equine Healthcare Market – Macro Economic Scenario
5. Equine Healthcare Market Size And Growth
26. Africa Equine Healthcare Market
27. Equine Healthcare Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Equine Healthcare Market
29. Equine Healthcare Market Future Outlook and Potential Analysis
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