The Equine Healthcare Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Equine Healthcare Market?
The size of the equine healthcare market has seen robust growth lately. In terms of figures, the market is projected to increase from $1.41 billion in 2024 to $1.49 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Equine Healthcare Industry?
The Equine Healthcare Global Market is projected to reach a market size of $1.91 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.4%.
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What are the Key Growth Drivers Fueling the Equine Healthcare Market?
The key drivers in the equine healthcare market are:
• The rise of genetic testing and personalized medicine for equines.
• The implementation of equine wellness programs.
• The globalization of equine events.
• The necessity for preparedness against zoonotic diseases and compliance with anti-doping regulations.
Global Market Segmentation: Identifying Major Equine Healthcare Industry Segments
The equine healthcare market covered in this report is segmented –
1) By Product Type: Drugs, Vaccines, Medical Feed Additives
2) By Disease: Equine Influenza, Equine Herpes virus, Equine Encephalomyelitis, West Nile Virus, Equine Rabies, Potomac Horse Fever, Tetanus
3) By Distribution: Veterinary Hospitals And Clinics, Retail Pharmacy, Online Pharmacies
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What are the Emerging Trends Shaping the Future of the Equine Healthcare Market?
The key trends in the equine healthcare market are:
• Genetic testing and personalized medicine are shaping the future of the equine healthcare market.
• Emergence of equine wellness programs is a noticeable trend.
• The globalization of equine events is having an impact on the market.
• Zoonotic disease preparedness, compliance with anti-doping regulations, telemedicine and remote monitoring solutions are significant emerging trends.
Who Are the Top Competitors & Leading Players in the Equine Healthcare Market?
Major companies in the equine healthcare market are:
• Merck & Co. Inc.
• Boehringer Ingelheim
• Zoetis Inc.
• Patterson Companies Inc.
• Elanco
• Idexx Laboratories Inc.
• Covetrus
• Ceva Sante Animale
• Virbac
• Hilltop BioSciences Inc.
• Dechra Pharmaceuticals plc
• CVS Group PLC
• Vetoquinol
• Purina Animal Nutrition LLC
• Applied Biologics
• SOUND
• Hallmarq Veterinary Imaging
• Ethos Veterinary Health LLC
• Addison Biological Laboratory Inc.
• Animart LLC
• Prisma Imaging
• Bimini LLC
• Equine Therapy Solutions
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the equine healthcare market in 2024
