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

According to The Business Research Company’s Equine Healthcare Global Market Report 2023, the equine healthcare market is expected to show promising growth in the forecast period.

The global equine healthcare market is poised for substantial growth, set to increase from $1.28 billion in 2022 to $1.37 billion in 2023 at a Compound Annual Growth Rate (CAGR) of 7.3%. Projections indicate a continued upward trajectory, reaching $1.76 billion in 2027 with a robust CAGR of 6.5%. In this blog, we delve into key factors propelling this growth, major players shaping the industry, and emerging trends in equine healthcare.

Growing Awareness: A Pillar of Support

1. Rising Awareness of Animal Healthcare:
   • Increasing awareness among the human population about the significance of animal healthcare.
   • Acknowledgment of animals’ crucial role in the ecosystem.
2. Link Between Animal and Human Health:
   • Animal health is integral not only for their safety but also for the safety and well-being of humans.
   • Diseases in animals can be transmitted to humans, emphasizing the need for robust animal healthcare.
3. Government Investments in Animal Healthcare:
   • Governments and private institutions investing in developing animal healthcare infrastructure globally.
   • Example: The US Department of Agriculture’s $3 billion investment in animal health and nutrition in September 2021.
4. Ecosystem Impact:
   • Understanding the interconnectedness of animal and human health.
   • Increased awareness driving demand for equine healthcare services.

Major Players Steering the Equine Healthcare Market

1. Key Players:
   • 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

Innovations Shaping the Equine Healthcare Landscape

1. Introduction of New and Effective Products:
   • Key manufacturers introducing innovative products for rapid disease detection and better therapeutic outcomes.
   • Example: Epona Biotec’s VetTrue System, a remote temperature-monitoring system for horses.
2. VetTrue System: A Technological Breakthrough:
   • A remote temperature-monitoring system offering accurate and less invasive health monitoring for horses.
   • Utilizes a single-use TailTab temperature sensor securely attached beneath the tail.
   • Continuous monitoring and transfer of temperature data to the VetTrue App through Bluetooth.

Market Segmentation for Precision

1. Market Segmentation:
   • 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

Regional Dynamics: North America in the Lead, with a Global Outlook

1. North America’s Dominance:
   • North America emerged as the largest region in the equine healthcare market in 2022.
   • Reflects a mature market with established practices and high adoption rates.

View More On The Equine Healthcare Market Report 2023 – https://www.thebusinessresearchcompany.com/report/equine-healthcare-global-market-report

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https://www.thebusinessresearchcompany.com/sample_request?id=5602&type=smp

 The Equine Healthcare Global Market Report 2023  offers a comprehensive overview on the equine healthcare market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the equine healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Equine Healthcare Market Include:
1. Equine Healthcare Market Executive Summary
2. Equine Healthcare Market Segments
3. Equine Healthcare Market Size And Equine Healthcare Market Growth Rate
4. Key Equine Healthcare Market Trends
5. Major Equine Healthcare Market Drivers
……
25. Key Mergers And Acquisitions In The Equine Healthcare Market
26. Top Equine Healthcare Companies
27. Equine Healthcare Market Opportunities And Strategies
28. Equine Healthcare Market, Conclusions And Recommendations
29. Appendix

View More Related Reports –
Veterinary Healthcare Global Market Report 2023
Cattle Feed And Feed Additives Global Market Report 2023
Animal Growth Promoters And Performance Enhancers Global Market Report 2023

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