This report was recently updated on November 15 2024 with the latest and most recent
market numbers
Global Equine Healthcare Market Size, Trends & Analysis - Forecasts to 2028 By Product (Vaccines, Pharmaceuticals, Medicinal Feed Additives, Diagnostics, Software & Services, and Others), By Indication (Musculoskeletal Disorders, Parasite Control, Internal Medicine, Equine Herpes Virus, Equine Encephalomyelitis, Equine Influenza, West Nile Virus, Tetanus, and Others), By Activity (Sports/Racing, Recreation, and Others), By Distribution Channel (Veterinary Hospitals & Clinics, E-commerce, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis
The global equine healthcare market is projected to grow at a CAGR of 6.04% from 2023 to 2028. An increase in the prevalence of various equine diseases, such as equine influenza, strangles, and equine herpesvirus, drives the demand for healthcare products and services. This gives rise to growing awareness among horse owners and enthusiasts about the importance of preventive healthcare measures and regular veterinary check-ups
The increasing investment in equine healthcare is the primary catalyst behind the market's growth. In December 2021, an agreement between the Asian Development Bank (ADB) and Zenex Animal Health India Private Limited, wherein ADB pledged to invest a maximum of USD 10 million. The objective of this investment is to enhance Zenex's capacity for producing and distributing high-quality animal healthcare products, with the aim of bolstering the incomes of farmers by reducing the risk of livestock diseases. These types of initiatives are expected to drive the demand for equine healthcare and consequently, play a significant role in the market's growth.
Furthermore, the presence and popularity of competitive sports like horse racing, and increasing government initiatives has contributed to the market growth. As per data from the United States Department of Agriculture (USDA), there was an uptick in the diagnosis of equine infectious anemia (EIA) in 2017, with 80 positive cases compared to 52 positive cases in 2016, underscoring the need for enhanced equine health measures.
Pharmaceuticals segment is expected to hold the largest share in the market. This is primarily due to the wide range of equine pharmaceutical products are available in the market, including pain relievers, anti-infective drugs, anti-inflammatory agents, and medications for treating reproductive, metabolic, infectious, and dermatological conditions in horses. Major factor behind the growth is increasing spending on equestrian activities and overall equine healthcare. For example, Zoetis, a prominent company in this market, offers an extensive selection of medications, including equine parasiticides like QUEST gel, Equest Pramox, and Deosect 5% Spray Solution, etc.
Vaccines segment is expected to be the fastest-growing segment in the market from 2023-2028. The growth of the segment is being propelled by recent product launches and strategic initiatives undertaken by major industry players. Notably, advancements in recombinant protein-based vaccines have paved the way for the creation of innovative vaccines. For example, in August 2022, Dechra Pharmaceuticals PLC introduced Strangvac, a novel strangles vaccine for horses and ponies that is based on protein technology.
Parasite control segment is expected to hold the largest share of the market. Horses are commonly infected with diseases such as anaplasmosis which is caused by the bacteria Anaplasma phagocytophilum. Parasiticides aid conditions caused by amoebas, worms (helminths), protozoans, and parasitic fungi. This is available in various forms such as sprays, collars, oral solutions, gels, and spot-on treatments. They can be administered via topical, oral, or intravenous methods.
Equine influenza is anticipated to be the fastest-growing segment in the market from 2023-2028. This is attributed to the rising incidence of contagious illnesses among horses. According to the OIE (World Organisation for Animal Health), there were more than 12,000 reported cases of equine influenza worldwide between 2017 and 2021. This has led to an increased demand for equine healthcare services, driven by the mounting pressure to maintain the health and peak performance of horses, particularly in the context of race and sports horses.
The sports/racing holds the largest share of the market and is anticipated to be the fastest-growing segment in the market from 2023-2028. This growth can be attributed to the strong presence of the equine sports and racing industry in region such as the United Kingdom, the United States, France, the Netherlands, China, and Australia. The Fédération Équestre Internationale, which serves as the international governing body for equestrian sports, acknowledges approximately eight disciplines in both standard and para-equestrian competitions under its global oversight. These disciplines encompass dressage, combined driving, endurance riding, eventing, reining, and show jumping.
The e-commerce is anticipated to be the fastest-growing segment in the market from 2023-2028. E-commerce provides advantages such as the convenience of shopping from anywhere and access to a wide array of choices. As an example, Chewy, Inc. is an e-commerce platform offering a diverse selection of products and services for horses, which includes parasiticides, antibiotics, vitamins, and electrolytes.
The veterinary hospitals and clinics segment holds the largest share of the market. The growth is attributed by the increasing number veterinary hospitals and clinics. For example, according to the American Veterinary Medical Association, the U.S. witnessed a rise in the number of veterinarians, to 121,461 in 2021. Furthermore, the tally of private clinical practices rose from 73,373 in 2019 to 75,349 in 2020.
North America is expected to be the largest region in the market. The primary reasons boosting the market growth in this region is the presence of numerous horse farms and the annual horse racing events. According to data from the FAO (Food and Agriculture Organization), there were approximately 10.56 million horses in the United States alone in 2021, and the broader North America region boasted about 10.96 million horses. Additionally, in 2021, approximately 18,865 horses were imported into the United States, contributing to the heightened demand for equine healthcare services in the region.
Asia Pacific is predicted to witness rapid growth during the forecast period. This is because rising demand for medicinal horse feeds, an uptick in equine disease prevalence, and growing initiatives by government aimed at advancing equine health. Moreover, the presence of numerous players in the equine health products market is expected to play a significant role in influencing market expansion over the forecast period.
Zoetis, Boehringer Ingelheim International GmbH, Ceva, SOUND, MERCK & CO., INC., Hallmarq Veterinary Imaging, ESAOTE SPA, Vetoquinol S.A., IDEXX Laboratories, Inc. and Dechra Pharmaceuticals PLC, among others, are some of the key players operating in the global equine healthcare market.
Please note: This is not an exhaustive list of companies profiled in the report.
In October 2022, Vetoquinol S.A. introduced the Phovia dermatology system specifically designed for equine veterinarians. Phovia is designed to aid in the recovery of prevalent equine dermatological issues such as surgical incisions, skin infections, and traumatic wounds, serving as an integral component of a comprehensive summer sore treatment program.
In September 2021, Dechra Veterinary Products increased its product options in the realm of equine healthcare by obtaining the marketing and distribution rights for Hassinger Biomedical's ProVet APC (Autologous Platelet Concentrate) and ProVet BMC (Bone Marrow Concentrate) systems.
1 STRATEGIC INSIGHTS ON NEW REVENUE POCKETS
1.1 Strategic Opportunity & Attractiveness Analysis
1.1.1 Hot Revenue Pockets
1.1.2 Market Attractiveness Score
1.1.3 Revenue Impacting Opportunity
1.1.4 High Growing Region/Country
1.1.5 Competitor Analysis
1.1.6 Consumer Analysis
1.2 Global Market Estimates' View
1.3 Strategic Insights across Business Functions
1.3.1 For Chief Executive Officers
1.3.2 For Chief Marketing Officers
1.3.3 For Chief Strategy Officers
1.4 Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into
2 TECHNOLOGICAL TRENDS
2.1 Technological Adoption Rate
2.2 Current Trend Impact Analysis
2.3 Future Trend Impact Analysis
2.4 Data Metrics on Feed Stocks
3 GLOBAL MARKET OUTLOOK
3.1 Market Pyramid Analysis
3.1.1 Introduction
3.1.2 Adjacent Market Opportunities
3.1.3 Ancillary Market Opportunities
3.2 Demand Side Analysis
3.2.1 Market Drivers: Impact Analysis
3.2.2 Market Restraints: Impact Analysis
3.2.3 Market Opportunities: Impact Analysis
3.2.4 Market Challenges: Impact Analysis
3.3 Supply Side Analysis
3.3.1 Porter’s Five Forces Analysis
3.3.1.1 Threat of New Entrants
3.3.1.2 Threat of New Substitutes
3.3.1.3 Bargaining Power of Suppliers
3.3.1.4 Bargaining Power of Buyers
3.3.1.5 Intensity of Competitive Rivalry
3.3.2 SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)
3.3.2.1 Political Landscape
3.3.2.2 Economic Landscape
3.3.2.3 Social Landscape
3.3.2.4 Technology Landscape
3.3.3 Value Chain Analysis
3.3.4 Trend Analysis
3.3.5 Gap Analysis
3.3.6 Cost Analysis
4 GLOBAL EQUINE HEALTHCARE MARKET, BY PRODUCT
4.1 Introduction
4.2 Equine Healthcare Market: Product Scope Key Takeaways
4.3 Revenue Growth Analysis, 2022 & 2028
4.4 Vaccines
4.4.1 Vaccines Market Estimates and Forecast, 2020-2028 (USD Million)
4.5 Pharmaceuticals
4.5.1 Pharmaceuticals Market Estimates and Forecast, 2020-2028 (USD Million)
4.6 Medicinal Feed Additives
4.6.1 Medicinal Feed Additives Market Estimates and Forecast, 2020-2028 (USD Million)
4.7 Diagnostics
4.7.1 Diagnostics Market Estimates and Forecast, 2020-2028 (USD Million)
4.8 Software & Services
4.8.1 Software & Services Market Estimates and Forecast, 2020-2028 (USD Million)
4.9 Others
4.9.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)
5 GLOBAL EQUINE HEALTHCARE MARKET, BY INDICATION
5.1 Introduction
5.2 Equine Healthcare Market: Indication Scope Key Takeaways
5.3 Revenue Growth Analysis, 2022 & 2028
5.4 Musculoskeletal Disorders
5.4.1 Musculoskeletal Disorders Market Estimates and Forecast, 2020-2028 (USD Million)
5.5 Parasite Control
5.5.1 Parasite Control Market Estimates and Forecast, 2020-2028 (USD Million)
5.6 Internal Medicine
5.6.1 Internal Medicine Market Estimates and Forecast, 2020-2028 (USD Million)
5.7 Equine Herpes Virus
5.7.1 Equine Herpes Virus Market Estimates and Forecast, 2020-2028 (USD Million)
5.8 Equine Encephalomyelitis
5.8.1 Equine Encephalomyelitis Market Estimates and Forecast, 2020-2028 (USD Million)
5.9 Equine Influenza
5.9.1 Equine Influenza Market Estimates and Forecast, 2020-2028 (USD Million)
5.10 West Nile Virus
5.10.1 West Nile Virus Market Estimates and Forecast, 2020-2028 (USD Million)
5.11 Tetanus
5.11.1 Tetanus Market Estimates and Forecast, 2020-2028 (USD Million)
5.12 Others
5.12.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)
6 GLOBAL EQUINE HEALTHCARE MARKET, BY ACTIVITY
6.1 Introduction
6.2 Equine Healthcare Market: Activity Scope Key Takeaways
6.3 Revenue Growth Analysis, 2022 & 2028
6.4 Sports/Racing
6.4.1 Sports/Racing Market Estimates and Forecast, 2020-2028 (USD Million)
6.5 Recreation
6.5.1 Recreation Market Estimates and Forecast, 2020-2028 (USD Million)
6.6 Others
6.6.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)
7 GLOBAL EQUINE HEALTHCARE MARKET, BY DISTRIBUTION CHANNEL
7.1 Introduction
7.2 Equine Healthcare Market: Distribution Channel Scope Key Takeaways
7.3 Revenue Growth Analysis, 2022 & 2028
7.4 Veterinary Hospitals & Clinics
7.4.1 Veterinary Hospitals & Clinics Market Estimates and Forecast, 2020-2028 (USD Million)
7.5 E-commerce
7.5.1 E-commerce Market Estimates and Forecast, 2020-2028 (USD Million)
7.6 Others
7.6.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)
8 GLOBAL EQUINE HEALTHCARE MARKET, BY REGION
8.1 Introduction
8.2 North America Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.1 By Product
8.2.2 By Indication
8.2.3 By Activity
8.2.4 By Distribution Channel
8.2.5 By Country
8.2.5.1 U.S. Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.5.1.1 By Product
8.2.5.1.2 By Indication
8.2.5.1.3 By Activity
8.2.5.1.4 By Distribution Channel
8.2.5.2 Canada Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.5.2.1 By Product
8.2.5.2.2 By Indication
8.2.5.2.3 By Activity
8.2.5.2.4 By Distribution Channel
8.2.5.3 Mexico Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.5.3.1 By Product
8.2.5.3.2 By Indication
8.2.5.3.3 By Activity
8.2.5.3.4 By Distribution Channel
8.3 Europe Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.1 By Product
8.3.2 By Indication
8.3.3 By Activity
8.3.4 By Distribution Channel
8.3.5 By Country
8.3.5.1 Germany Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.1.1 By Product
8.3.5.1.2 By Indication
8.3.5.1.3 By Activity
8.3.5.1.4 By Distribution Channel
8.3.5.2 U.K. Presered Flowers Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.2.1 By Product
8.3.5.2.2 By Indication
8.3.5.2.3 By Activity
8.3.5.2.4 By Distribution Channel
8.3.5.3 France Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.3.1 By Product
8.3.5.3.2 By Indication
8.3.5.3.3 By Activity
8.3.5.3.4 By Distribution Channel
8.3.5.4 Italy Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.4.1 By Product
8.3.5.4.2 By Indication
8.3.5.4.3 By Activity
8.3.5.4.4 By Distribution Channel
8.3.5.5 Spain Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.5.1 By Product
8.3.5.5.2 By Indication
8.3.5.5.3 By Activity
8.3.5.5.4 By Distribution Channel
8.3.5.6 Netherlands Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.6.1 By Product
8.3.5.6.2 By Indication
8.3.5.6.3 By Activity
8.3.5.6.4 By Distribution Channel
8.3.5.7 Rest of Europe Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.7.1 By Product
8.3.5.7.2 By Indication
8.3.5.7.3 By Activity
8.3.5.7.4 By Distribution Channel
8.4 Asia Pacific Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.1 By Product
8.4.2 By Indication
8.4.3 By Activity
8.4.4 By Distribution Channel
8.4.5 By Country
8.4.5.1 China Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.1.1 By Product
8.4.5.1.2 By Indication
8.4.5.1.3 By Activity
8.4.5.1.4 By Distribution Channel
8.4.5.2 Japan Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.2.1 By Product
8.4.5.2.2 By Indication
8.4.5.2.3 By Activity
8.4.5.2.4 By Distribution Channel
8.4.5.3 India Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.3.1 By Product
8.4.5.3.2 By Indication
8.4.5.3.3 By Activity
8.4.5.3.4 By Distribution Channel
8.4.5.4 South Korea Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.4.1 By Product
8.4.5.4.2 By Indication
8.4.5.4.3 By Activity
8.4.5.4.4 By Distribution Channel
8.4.5.5 Singapore Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.5.1 By Product
8.4.5.5.2 By Indication
8.4.5.5.3 By Activity
8.4.5.5.4 By Distribution Channel
8.4.5.6 Malaysia Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.6.1 By Product
8.4.5.6.2 By Indication
8.4.5.6.3 By Activity
8.4.5.6.4 By Distribution Channel
8.4.5.7 Thailand Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.7.1 By Product
8.4.5.7.2 By Indication
8.4.5.7.3 By Activity
8.4.5.7.4 By Distribution Channel
8.4.5.8 Indonesia Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.8.1 By Product
8.4.5.8.2 By Indication
8.4.5.8.3 By Activity
8.4.5.8.4 By Distribution Channel
8.4.5.9 Vietnam Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.9.1 By Product
8.4.5.9.2 By Indication
8.4.5.9.3 By Activity
8.4.5.9.4 By Distribution Channel
8.4.5.10 Taiwan Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.10.1 By Product
8.4.5.10.2 By Indication
8.4.5.10.3 By Activity
8.4.5.10.4 By Distribution Channel
8.4.5.11 Rest of Asia Pacific Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.11.1 By Product
8.4.5.11.2 By Indication
8.4.5.11.3 By Activity
8.4.5.11.4 By Distribution Channel
8.5 Middle East and Africa Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.1 By Product
8.5.2 By Indication
8.5.3 By Activity
8.5.4 By Distribution Channel
8.5.5 By Country
8.5.5.1 Saudi Arabia Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.1.1 By Product
8.5.5.1.2 By Indication
8.5.5.1.3 By Activity
8.5.5.1.4 By Distribution Channel
8.5.5.2 U.A.E. Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.2.1 By Product
8.5.5.2.2 By Indication
8.5.5.2.3 By Activity
8.5.5.2.4 By Distribution Channel
8.5.5.3 Israel Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.4.3.1 By Product
8.5.4.3.2 By Indication
8.5.4.3.3 By Activity
8.5.5.3.4 By Distribution Channel
8.5.5.4 South Africa Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.4.1 By Product
8.5.5.4.2 By Indication
8.5.5.4.3 By Activity
8.5.5.4.4 By Distribution Channel
8.5.5.5 Rest of Middle East and Africa Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.5.1 By Product
8.5.5.5.2 By Indication
8.5.5.5.2 By Activity
8.5.5.5.4 By Distribution Channel
8.6 Central and South America Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.1 By Product
8.6.2 By Indication
8.6.3 By Activity
8.6.4 By Distribution Channel
8.6.5 By Country
8.6.5.1 Brazil Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.1.1 By Product
8.6.5.1.2 By Indication
8.6.5.1.3 By Activity
8.6.5.1.4 By Distribution Channel
8.6.5.2 Argentina Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.2.1 By Product
8.6.5.2.2 By Indication
8.6.5.2.3 By Activity
8.6.5.2.4 By Distribution Channel
8.6.5.3 Chile Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.3.1 By Product
8.6.5.3.2 By Indication
8.6.5.3.3 By Activity
8.6.5.5.4 By Distribution Channel
8.6.5.4 Rest of Central and South America Equine Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.4.1 By Product
8.6.5.4.2 By Indication
8.6.5.4.3 By Activity
8.6.5.4.4 By Distribution Channel
9 COMPETITIVE LANDCAPE
9.1 Company Market Share Analysis
9.2 Four Quadrant Positioning Matrix
9.2.1 Market Leaders
9.2.2 Market Visionaries
9.2.3 Market Challengers
9.2.4 Niche Market Players
9.3 Vendor Landscape
9.3.1 North America
9.3.2 Europe
9.3.3 Asia Pacific
9.3.4 Rest of the World
9.4 Company Profiles
9.4.1 Zoetis
9.4.1.1 Business Description & Financial Analysis
9.4.1.2 SWOT Analysis
9.4.1.3 Products & Services Offered
9.4.1.4 Strategic Alliances between Business Partners
9.4.2 Boehringer Ingelheim International GmbH
9.4.2.1 Business Description & Financial Analysis
9.4.2.2 SWOT Analysis
9.4.2.3 Products & Services Offered
9.4.2.4 Strategic Alliances between Business Partners
9.4.3 Ceva
9.4.3.1 Business Description & Financial Analysis
9.4.3.2 SWOT Analysis
9.4.3.3 Products & Services Offered
9.4.3.4 Strategic Alliances between Business Partners
9.4.4 Sound
9.4.4.1 Business Description & Financial Analysis
9.4.4.2 SWOT Analysis
9.4.4.3 Products & Services Offered
9.4.4.4 Strategic Alliances between Business Partners
9.4.5 Merck & Co.,Inc
9.4.5.1 Business Description & Financial Analysis
9.4.5.2 SWOT Analysis
9.4.5.3 Products & Services Offered
9.4.5.4 Strategic Alliances between Business Partners
9.4.6 ESAOTE SPA
9.4.6.1 Business Description & Financial Analysis
9.4.6.2 SWOT Analysis
9.4.6.3 Products & Services Offered
9.4.6.4 Strategic Alliances between Business Partners
9.4.7 Hallmarq Veterinary Imaging
9.4.7.1 Business Description & Financial Analysis
9.4.7.2 SWOT Analysis
9.4.7.3 Products & Services Offered
9.4.8.4 Strategic Alliances between Business Partners
9.4.8 Vetoquinol S.A.
9.4.8.1 Business Description & Financial Analysis
9.4.8.2 SWOT Analysis
9.4.8.3 Products & Services Offered
9.4.8.4 Strategic Alliances between Business Partners
9.4.9 IDEXX Laboratories, Inc.
9.4.9.1 Business Description & Financial Analysis
9.4.9.2 SWOT Analysis
9.4.9.3 Products & Services Offered
9.4.9.4 Strategic Alliances between Business Partners
9.4.10 Dechra Pharmaceuticals PLC
9.4.10.1 Business Description & Financial Analysis
9.4.10.2 SWOT Analysis
9.4.10.3 Products & Services Offered
9.4.10.4 Strategic Alliances between Business Partners
9.4.11 Other Companies
9.4.11.1 Business Description & Financial Analysis
9.4.11.2 SWOT Analysis
9.4.11.3 Products & Services Offered
9.4.11.4 Strategic Alliances between Business Partners
10 RESEARCH METHODOLOGY
10.1 Market Introduction
10.1.1 Market Definition
10.1.2 Market Scope & Segmentation
10.2 Information Procurement
10.2.1 Secondary Research
10.2.1.1 Purchased Databases
10.2.1.2 GMEs Internal Data Repository
10.2.1.3 Secondary Resources & Third Party Perspectives
10.2.1.4 Company Information Sources
10.2.2 Primary Research
10.2.2.1 Various Types of Respondents for Primary Interviews
10.2.2.2 Number of Interviews Conducted throughout the Research Process
10.2.2.3 Primary Stakeholders
10.2.2.4 Discussion Guide for Primary Participants
10.2.3 Expert Panels
10.2.3.1 Expert Panels Across 30+ Industry
10.2.4 Paid Local Experts
10.2.4.1 Paid Local Experts Across 30+ Industry Across each Region
10.3 Market Estimation
10.3.1 Top-Down Approach
10.3.1.1 Macro-Economic Indicators Considered
10.3.1.2 Micro-Economic Indicators Considered
10.3.2 Bottom Up Approach
10.3.2.1 Company Share Analysis Approach
10.3.2.2 Estimation of Potential Product Sales
10.4 Data Triangulation
10.4.1 Data Collection
10.4.2 Time Series, Cross Sectional & Panel Data Analysis
10.4.3 Cluster Analysis
10.5 Analysis and Output
10.5.1 Inhouse AI Based Real Time Analytics Tool
10.5.2 Output From Desk & Primary Research
10.6 Research Assumptions & Limitations
10.7.1 Research Assumptions
10.7.2 Research Limitations
LIST OF TABLES
1 Global Equine Healthcare Market, By Product, 2020-2028 (USD Mllion)
2 Vaccines Market, By Region, 2020-2028 (USD Mllion)
3 Pharmaceuticals Market, By Region, 2020-2028 (USD Mllion)
4 Medicinal Feed Additives Market, By Region, 2020-2028 (USD Mllion)
5 Diagnostics Market, By Region, 2020-2028 (USD Mllion)
6 Software & Services Market, By Region, 2020-2028 (USD Mllion)
7 Others Market, By Region, 2020-2028 (USD Mllion)
8 Global Equine Healthcare Market, By Indication, 2020-2028 (USD Mllion)
9 Musculoskeletal Disorders Market, By Region, 2020-2028 (USD Mllion)
10 Parasite Control Market, By Region, 2020-2028 (USD Mllion)
11 Internal Medicine Market, By Region, 2020-2028 (USD Mllion)
12 Equine Herpes Virus Market, By Region, 2020-2028 (USD Mllion)
13 Equine Encephalomyelitis Market, By Region, 2020-2028 (USD Mllion)
14 Equine Influenza Market, By Region, 2020-2028 (USD Mllion)
15 West Nile Virus Market, By Region, 2020-2028 (USD Mllion)
16 Tetanus Market, By Region, 2020-2028 (USD Mllion)
17 Others Market, By Region, 2020-2028 (USD Mllion)
18 Global Equine Healthcare Market, By Activity, 2020-2028 (USD Mllion)
19 Sports/Racing Market, By Region, 2020-2028 (USD Mllion)
20 Recreation Market, By Region, 2020-2028 (USD Mllion)
21 Others Market, By Region, 2020-2028 (USD Mllion)
22 Global Equine Healthcare Market, By DISTRIBUTION CHANNEL, 2020-2028 (USD Mllion)
23 Veterinary Hospitals & Clinics Market, By Region, 2020-2028 (USD Mllion)
24 E-commerce Market, By Region, 2020-2028 (USD Mllion)
25 Others Market, By Region, 2020-2028 (USD Mllion)
26 Regional Analysis, 2020-2028 (USD Mllion)
27 North America Equine Healthcare Market, By Product, 2020-2028 (USD Million)
28 North America Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
29 North America Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
30 North America Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
31 North America Equine Healthcare Market, By Country, 2020-2028 (USD Million)
32 U.S Equine Healthcare Market, By Product, 2020-2028 (USD Million)
33 U.S Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
34 U.S Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
35 U.S Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
36 Canada Equine Healthcare Market, By Product, 2020-2028 (USD Million)
37 Canada Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
38 Canada Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
39 CANADA Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
40 Mexico Equine Healthcare Market, By Product, 2020-2028 (USD Million)
41 Mexico Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
42 Mexico Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
43 mexico Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
44 Europe Equine Healthcare Market, By Product, 2020-2028 (USD Million)
45 Europe Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
46 Europe Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
47 europe Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
48 europe Equine Healthcare Market, By country, 2020-2028 (USD Million)
49 Germany Equine Healthcare Market, By Product, 2020-2028 (USD Million)
50 Germany Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
51 Germany Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
52 germany Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
53 U.K Equine Healthcare Market, By Product, 2020-2028 (USD Million)
54 U.K Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
55 U.K Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
56 U.k Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
57 France Equine Healthcare Market, By Product, 2020-2028 (USD Million)
58 France Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
59 France Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
60 france Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
61 Italy Equine Healthcare Market, By Product, 2020-2028 (USD Million)
62 Italy Equine Healthcare Market, By T Indication Type, 2020-2028 (USD Million)
63 Italy Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
64 italy Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
65 Spain Equine Healthcare Market, By Product, 2020-2028 (USD Million)
66 Spain Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
67 Spain Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
68 spain Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
69 Rest Of Europe Equine Healthcare Market, By Product, 2020-2028 (USD Million)
70 Rest Of Europe Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
71 Rest of Europe Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
72 REST OF EUROPE Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
73 Asia Pacific Equine Healthcare Market, By Product, 2020-2028 (USD Million)
74 Asia Pacific Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
75 Asia Pacific Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
76 asia Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
77 Asia Pacific Equine Healthcare Market, By Country, 2020-2028 (USD Million)
78 China Equine Healthcare Market, By Product, 2020-2028 (USD Million)
79 China Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
80 China Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
81 china Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
82 India Equine Healthcare Market, By Product, 2020-2028 (USD Million)
83 India Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
84 India Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
85 india Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
86 Japan Equine Healthcare Market, By Product, 2020-2028 (USD Million)
87 Japan Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
88 Japan Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
89 japan Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
90 South Korea Equine Healthcare Market, By Product, 2020-2028 (USD Million)
91 South Korea Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
92 South Korea Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
93 south korea Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
94 Singapore Equine Healthcare Market, By Product, 2020-2028 (USD Million)
95 Singapore Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
96 Singapore Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
97 Singapore Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
98 Malaysia Equine Healthcare Market, By Product, 2020-2028 (USD Million)
99 Malaysia Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
100 Malaysia Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
101 Malaysia Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
102 Thailand Equine Healthcare Market, By Product, 2020-2028 (USD Million)
103 Thailand Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
104 Thailand Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
105 Thailand Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
106 Indonesia Equine Healthcare Market, By Product, 2020-2028 (USD Million)
107 Indonesia Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
108 Indonesia Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
109 Indonesia Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
110 Vietnam Equine Healthcare Market, By Product, 2020-2028 (USD Million)
111 Vietnam Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
112 Vietnam Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
113 Vietnam Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
114 Taiwan Equine Healthcare Market, By Product, 2020-2028 (USD Million)
115 Taiwan Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
116 Taiwan Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
117 Taiwan Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
118 Rest of Asia Pacific Equine Healthcare Market, By Product, 2020-2028 (USD Million)
119 Rest of Asia Pacific Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
120 Rest of Asia Pacific Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
121 Rest of Asia Pacific Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
122 Middle East and Africa Equine Healthcare Market, By Product, 2020-2028 (USD Million)
123 Middle East and Africa Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
124 Middle East and Africa Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
125 MIDDLE EAST and AFRICA Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
126 Middle East and Africa Equine Healthcare Market, By Country, 2020-2028 (USD Million)
127 Saudi Arabia Equine Healthcare Market, By Product, 2020-2028 (USD Million)
128 Saudi Arabia Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
129 Saudi Arabia Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
130 saudi arabia Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
131 UAE Equine Healthcare Market, By Product, 2020-2028 (USD Million)
132 UAE Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
133 UAE Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
134 uae Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
135 Israel Equine Healthcare Market, By Product, 2020-2028 (USD Million)
136 Israel Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
137 Israel Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
138 Israel Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
139 South Africa Equine Healthcare Market, By Product, 2020-2028 (USD Million)
140 South Africa Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
141 South Africa Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
142 South Africa Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
143 Rest of Middle East and Africa Equine Healthcare Market, By Product, 2020-2028 (USD Million)
144 Rest of Middle East and Africa Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
145 Rest of Middle East and Africa Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
146 Rest of Middle East and Africa Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
147 Central and South America Equine Healthcare Market, By Product, 2020-2028 (USD Million)
148 Central and South America Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
149 Central and South America Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
150 CENTRAL and SOUTH AMERICA Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
151 Central & South America Equine Healthcare Market, By Country, 2020-2028 (USD Million)
152 Brazil Equine Healthcare Market, By Product, 2020-2028 (USD Million)
153 Brazil Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
154 Brazil Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
155 brazil Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
156 Argentina Equine Healthcare Market, By Product, 2020-2028 (USD Million)
157 Argentina Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
158 Argentina Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
159 Argentina Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
160 Chile Equine Healthcare Market, By Product, 2020-2028 (USD Million)
161 Chile Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
162 Chile Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
163 Chile Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
164 Rest of Central and South America Equine Healthcare Market, By Product, 2020-2028 (USD Million)
165 Rest of Central and South America Equine Healthcare Market, By Indication, 2020-2028 (USD Million)
166 Rest of Central and South America Equine Healthcare Market, By Activity, 2020-2028 (USD Million)
167 Rest of Central and South America Equine Healthcare Market, By Distribution channel, 2020-2028 (USD Million)
168 Zoetis: Products & Services Offering
169 Boehringer Ingelheim International GmbH: Products & Services Offering
170 Ceva: Products & Services Offering
171 Sound: Products & Services Offering
172 Merck & Co.,Inc: Products & Services Offering
173 ESAOTE SPA: Products & Services Offering
174 Hallmarq Veterinary Imaging : Products & Services Offering
175 Vetoquinol S.A.: Products & Services Offering
176 IDEXX Laboratories, Inc., Inc: Products & Services Offering
177 Dechra Pharmaceuticals PLC: Products & Services Offering
178 Other Companies: Products & Services Offering
LIST OF FIGURES
1 Global Equine Healthcare Market Overview
2 Global Equine Healthcare Market Value From 2020-2028 (USD Mllion)
3 Global Equine Healthcare Market Share, By Product (2022)
4 Global Equine Healthcare Market Share, By Indication (2022)
5 Global Equine Healthcare Market Share, By Activity (2022)
6 Global Equine Healthcare Market Share, By Distribution Channel (2022)
7 Global Equine Healthcare Market, By Region (Asia Pacific Market)
8 Technological Trends In Global Equine Healthcare Market
9 Four Quadrant Competitor Positioning Matrix
10 Impact Of Macro & Micro Indicators On The Market
11 Impact Of Key Drivers On The Global Equine Healthcare Market
12 Impact Of Challenges On The Global Equine Healthcare Market
13 Porter’s Five Forces Analysis
14 Global Equine Healthcare Market: By Product Scope Key Takeaways
15 Global Equine Healthcare Market, By Product Segment: Revenue Growth Analysis
16 Vaccines Market, By Region, 2020-2028 (USD Mllion)
17 Pharmaceuticals Market, By Region, 2020-2028 (USD Mllion)
18 Medicinal Feed Additives Market, By Region, 2020-2028 (USD Mllion)
19 Diagnostics Market, By Region, 2020-2028 (USD Mllion)
20 Software & Services Market, By Region, 2020-2028 (USD Mllion)
21 Others Market, By Region, 2020-2028 (USD Mllion)
22 Global Equine Healthcare Market: By Indication Scope Key Takeaways
23 Global Equine Healthcare Market, By Indication Segment: Revenue Growth Analysis
24 Musculoskeletal Disorders Market, By Region, 2020-2028 (USD Mllion)
25 Parasite Control Market, By Region, 2020-2028 (USD Mllion)
26 Internal Medicine Market, By Region, 2020-2028 (USD Mllion)
27 Equine Herpes Virus Market, By Region, 2020-2028 (USD Mllion)
28 Equine Encephalomyelitis Market, By Region, 2020-2028 (USD Mllion)
29 Equine Influenza Market, By Region, 2020-2028 (USD Mllion)
30 West Nile Virus Market, By Region, 2020-2028 (USD Mllion)
31 Tetanus Market, By Region, 2020-2028 (USD Mllion)
32 Others Market, By Region, 2020-2028 (USD Mllion)
33 Global Equine Healthcare Market: By Activity Scope Key Takeaways
34 Global Equine Healthcare Market, By Activity Segment: Revenue Growth Analysis
35 Sports/Racing Market, By Region, 2020-2028 (USD Mllion)
36 Recreation Market, By Region, 2020-2028 (USD Mllion)
37 Others Market, By Region, 2020-2028 (USD Mllion)
38 Global Equine Healthcare Market: By Distribution Channel Scope Key Takeaways
39 Global Equine Healthcare Market, By Distribution Channel Segment: Revenue Growth Analysis
40 Veterinary Hospitals & Clinics Market, By Region, 2020-2028 (USD Mllion)
41 E-commerce Market, By Region, 2020-2028 (USD Mllion)
42 Others Market, By Region, 2020-2028 (USD Mllion)
43 Regional Segment: Revenue Growth Analysis
44 Global Equine Healthcare Market: Regional Analysis
45 North America Equine Healthcare Market Overview
46 North America Equine Healthcare Market, By Product
47 North America Equine Healthcare Market, By Indication
48 North America Equine Healthcare Market, By Activity
49 North America Equine Healthcare Market, By Distribution Channel
50 North America Equine Healthcare Market, By Country
51 U.S. Equine Healthcare Market, By Product
52 U.S. Equine Healthcare Market, By Indication
53 U.S. Equine Healthcare Market, By Activity
54 U.S. Equine Healthcare Market, By Distribution Channel
55 Canada Equine Healthcare Market, By Product
56 Canada Equine Healthcare Market, By Indication
57 Canada Equine Healthcare Market, By Activity
58 Canada Equine Healthcare Market, By Distribution Channel
59 Mexico Equine Healthcare Market, By Product
60 Mexico Equine Healthcare Market, By Indication
61 Mexico Equine Healthcare Market, By Activity
62 Mexico Equine Healthcare Market, By Distribution Channel
63 Four Quadrant Positioning Matrix
64 Company Market Share Analysis
65 Zoetis: Company Snapshot
66 Zoetis: SWOT Analysis
67 Zoetis: Geographic Presence
68 Boehringer Ingelheim International GmbH: Company Snapshot
69 Boehringer Ingelheim International GmbH: SWOT Analysis
70 Boehringer Ingelheim International GmbH: Geographic Presence
71 Ceva: Company Snapshot
72 Ceva: SWOT Analysis
73 Ceva: Geographic Presence
74 Sound: Company Snapshot
75 Sound: Swot Analysis
76 Sound: Geographic Presence
77 Merck & Co.,Inc: Company Snapshot
78 Merck & Co.,Inc: SWOT Analysis
79 Merck & Co.,Inc: Geographic Presence
80 ESAOTE SPA: Company Snapshot
81 ESAOTE SPA: SWOT Analysis
82 ESAOTE SPA: Geographic Presence
83 Hallmarq Veterinary Imaging : Company Snapshot
84 Hallmarq Veterinary Imaging : SWOT Analysis
85 Hallmarq Veterinary Imaging : Geographic Presence
86 Vetoquinol S.A.: Company Snapshot
87 Vetoquinol S.A.: SWOT Analysis
88 Vetoquinol S.A.: Geographic Presence
89 IDEXX Laboratories, Inc., Inc.: Company Snapshot
90 IDEXX Laboratories, Inc., Inc.: SWOT Analysis
91 IDEXX Laboratories, Inc., Inc.: Geographic Presence
92 Dechra Pharmaceuticals PLC: Company Snapshot
93 Dechra Pharmaceuticals PLC: SWOT Analysis
94 Dechra Pharmaceuticals PLC: Geographic Presence
95 Other Companies: Company Snapshot
96 Other Companies: SWOT Analysis
97 Other Companies: Geographic Presence
The Global Equine Healthcare Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Equine Healthcare Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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