2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Major Innovations Are Driving the Accelerated Growth of the Equine Healthcare Market?

The increasing realization of the significance of animal healthcare will be a determining factor in the growth of the equine healthcare market in the future. The critical role animals play in the ecosystem is becoming more broadly understood, along with the importance of their health not just for their own protection and welfare, but also for that of humans. Infections in animals have high transferability to humans, rendering the developments of animal healthcare infrastructure critical, with governmental and private sectors investing heavily in various nations. For instance, in February 2023, the Voice of the Consumer: Health and Nutrition Survey conducted by Euromonitor International Ltd., a data analytics and research firm located in the UK, noted that daily or nearly daily pet treatments had increased from 26% in 2021 to 29% in 2023. Consumers are seen to abandon indulgence in favor of health, vastly prioritizing nourishing and functional treats. Consequently, the escalation in animal healthcare awareness will bolster the market’s growth throughout the forecast period.

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#What Growth Opportunities Will Drive the Equine Healthcare Market’s CAGR Through 2034?

Recent years have witnessed robust growth in equine healthcare market size, expanding from $1.41 billion in 2024 to an estimation of $1.49 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. The significant growth in the past stemmed from factors such as an aging equine population, preventative healthcare methods, the popularity of equestrian sports and activities, heightened awareness amongst owners, and efforts to control disease outbreaks.

The equine healthcare market is predicted to undergo robust expansion in the forthcoming years. The market will reach $1.91 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 6.4%. This predicted surge during the forecast period can be ascribed to factors such as genetic testing, personalized medicine, equine wellness programs, the internationalizing of equine events, readiness for zoonotic diseases, and adherence to anti-doping rules. Other emergent trends during the forecast period comprise of telemedicine and distant surveillance solutions, wearable gear for horses, equine physical therapy and rehabilitation, equine oral hygiene and dentistry services, as well as herbal and unconventional treatments.

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What Are the Most Significant Market Trends Transforming theEquine Healthcare Market?

Prominent corporations involved in the equine healthcare market are emphasizing on the launch of preventive healthcare packages that provide consistent costs and advocate early intervention. The objective of such initiatives is to aid horse holders in managing expenses and promote early detection of health concerns, boosting better general equine welfare in the process. For example, Hook Norton Veterinary Group (HNVG Ltd) introduced the Equiplan Gold Health Care Scheme in September 2024 with the aim of improving veterinary services for horses. The scheme emphasizes preventive health care, specifically aimed at horse owners, providing assured veterinary costs and promoting early resolution of minor health issues before evolving into critical conditions. Through such proactive healthcare measures, the program aims to enhance the overall well-being of equines and reduce the monetary burden on their owners.

What Are the Top Market Players Propelling the Growth of theEquine Healthcare Industry?

Major companies operating in the equine healthcare market include 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

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Which Primary Segments of the Equine Healthcare Market Are Driving Growth and Industry Transformations?

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

Subsegments:

1) By Drugs: Anti-Inflammatories, Antibiotics, Pain Management Medications, Anesthetics, Hormonal Therapies

2) By Vaccines: Core Vaccines, Risk-Based Vaccines, Combination Vaccines

3) By Medical Feed Additives: Nutritional Supplements, Probiotics And Prebiotics, Performance Enhancers, Medicated Feeds

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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Equine Healthcare Market?# Market?

North America was the largest region in the equine healthcare market in 2024. The regions covered in the equine healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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