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Equine Healthcare Market Size
Equine Healthcare Market size was around USD 1.7 billion in 2022 and is expected to reach USD 3.2 billion by 2032 due to increasing demand, investments in the equine racing & sports sector along with the rising occurrence of equine diseases. According to the World Organisation for Animal Health (WOAH) report, equine influenza, equine infectious anaemia, rabies, West Nile fever, and Venezuelan equine encephalomyelitis were few of the common diseases observed in 2021.
Equine healthcare refers to the specialized field of medical care and maintenance dedicated to horses, which are commonly referred to as equines. Equine healthcare includes wide range of services such as routine check-ups, vaccinations, dental care, nutrition management, surgical procedures, and the management of chronic and acute illnesses.
Equine Healthcare Market Report Attributes
Report Attribute |
Details |
Base Year: | 2022 |
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Equine Healthcare Market Size in 2022: | USD 1.7 Billion |
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Forecast Period: | 2023 to 2032 |
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Forecast Period 2023 to 2032 CAGR: | 6.4% |
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2032 Value Projection: | USD 3.2 Billion |
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Historical Data for: | 2018 to 2022 |
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No. of Pages: | 160 |
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Tables, Charts & Figures: | 270 |
Segments covered: | Product, Indication, Distribution Channel, and Region |
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Growth Drivers: | - Growing equestrian sports
- Rising animal health expenditure
- Increasing support offered by government and public organizations for animal care
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Pitfalls & Challenges: | - Shortage of skilled veterinarians
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