Equine Healthcare Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0082021
- Format: Electronic (PDF)
- Publish Type:
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 8.52 |
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The global equine healthcare market is increasing owing to horse racing trends, global advancement programs for animal health, as well as the growing incidence of equine infections. The presence of different companies in the manufacturing of various products in the market is likely to boost the usage of equine healthcare products. The competition among the companies has led the key players to get bigger geographically therefore, propelling the market. These market strategies are projected to promote expansion prospects and opportunities in the coming years.
Equine Healthcare Market Size – USD 625.3 billion in 2016, Market Growth - CAGR of 5%, Equine Healthcare Industry Trends – Growing incidences of equine herpesvirus, equine influenza, and rabies during the coming years will further provide market expansion.
Equine veterinary practice is projected to be a high overhead as to prevent the increasing diseases like herpes virus, influenza virus, encephalomyelitis and west nile virus, where the cost for global vaccination is anticipated to be around 32 million dollars by the Euro Surveillance Journal in 2016. Rising popularity and investments in an alternative form of gambling like online gaming, horse racing, competitive riding, betting, high return on investment and leisure are projected to drive the global equine healthcare market. The growth and increasing demand for gestation diagnosis products, growing urine test kits, supplement products, and ultrasound devices will boost the global equine healthcare market. Furthermore, the growing initiatives by equine healthcare organizations to develop drugs for a range of diseases are anticipated to give impetus to the equine healthcare market. The non-invasive test kits are basically favored by the veterinarians owing to the easy affordability and usage.
In terms of geography, North America held the leading share in the global equine healthcare market. Increasing popularity for horse racing, high equine implementation rate in the household and considerable spending on animal healthcare are the foremost growth aspects. Around 8 million Americans are directly involved in the equine industry as well as more than 2 million are horse owners.
Further key findings from the report suggest
- The global equine healthcare market share of 625.3 billion in 2016 and forecast to grow at a CAGR of 5%, during the forecast period.
- The significant product types in the equine healthcare market are supplemental feed additives, drugs, and vaccines. Of these, the share held by drug division is anticipated to exceed than all others. A large part of the demands for drugs is supported by the broad uptake of anti-infective drugs in the equine healthcare market.
- Europe is likely to emerge as the second-largest equine healthcare market owing to the mounting demand for equine healthcare products in the province. The Asia Pacific is anticipated to grow at the highest growth rate in the coming years.
- Key participants include Bayer AG, Zoetis, Boehringer Ingelheim (Merial), Vetoquinol S.A., Purina Animal Nutrition LLC, Merck & Co. (Merck Animal Health) among others
The equine healthcare market is segmented based on:
Product Type (Revenue, USD Billion; 2016-2026)
Drugs
- Anti-infectives
- Anti-inflammatory
- Parasiticides
Vaccine
- Inactivated
- Live Attenuated
- Recombinant
Supplemental Feed additives (Revenue, USD Billion; 2016-2026)
- Proteins and amino acids
- Vitamins
- Enzymes
- Minerals
Disease Type (Revenue, USD Billion; 2016-2026)
- Equine Influenza
- Equine Herpes virus
- Equine Encephalomyelitis
- West Nile Virus
- Equine Rabies
- Potomac Horse Fever
- Tetanus
Distribution Channel (Revenue, USD Billion; 2016-2026)
- Veterinary Hospitals and Clinics
- Retail Pharmacies and Drug Stores
Regional Outlook (Revenue, USD Billion; 2016-2026)
North America
- U.S.
Europe
- UK
- France
Asia Pacific
- China
- India
- Japan
MEA
Latin America
- Brazil
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Equine Healthcare Market Size Growth Rate by Type (2014-2025)
1.4.2 Equine Diagnostic Products
1.4.3 Equine Therapeutic Products
1.4.4 Equine Genotype Analysis
1.4.5 Others
1.5 Market by Application
1.5.1 Global Equine Healthcare Market Share by Application (2014-2025)
1.5.2 Veterinary Clinics
1.5.3 Animal Science Research Institute
1.5.4 Others
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Equine Healthcare Market Size
2.2 Equine Healthcare Growth Trends by Regions
2.2.1 Equine Healthcare Market Size by Regions (2014-2025)
2.2.2 Equine Healthcare Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Equine Healthcare Market Size by Manufacturers
3.1.1 Global Equine Healthcare Revenue by Manufacturers (2014-2019)
3.1.2 Global Equine Healthcare Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Equine Healthcare Market Concentration Ratio (CR5 and HHI)
3.2 Equine Healthcare Key Players Head office and Area Served
3.3 Key Players Equine Healthcare Product/Solution/Service
3.4 Date of Enter into Equine Healthcare Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Equine Healthcare Market Size by Type (2014-2019)
4.2 Global Equine Healthcare Market Size by Application (2014-2019)
5 United States
5.1 United States Equine Healthcare Market Size (2014-2019)
5.2 Equine Healthcare Key Players in United States
5.3 United States Equine Healthcare Market Size by Type
5.4 United States Equine Healthcare Market Size by Application
6 Europe
6.1 Europe Equine Healthcare Market Size (2014-2019)
6.2 Equine Healthcare Key Players in Europe
6.3 Europe Equine Healthcare Market Size by Type
6.4 Europe Equine Healthcare Market Size by Application
7 China
7.1 China Equine Healthcare Market Size (2014-2019)
7.2 Equine Healthcare Key Players in China
7.3 China Equine Healthcare Market Size by Type
7.4 China Equine Healthcare Market Size by Application
8 Japan
8.1 Japan Equine Healthcare Market Size (2014-2019)
8.2 Equine Healthcare Key Players in Japan
8.3 Japan Equine Healthcare Market Size by Type
8.4 Japan Equine Healthcare Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Equine Healthcare Market Size (2014-2019)
9.2 Equine Healthcare Key Players in Southeast Asia
9.3 Southeast Asia Equine Healthcare Market Size by Type
9.4 Southeast Asia Equine Healthcare Market Size by Application
10 India
10.1 India Equine Healthcare Market Size (2014-2019)
10.2 Equine Healthcare Key Players in India
10.3 India Equine Healthcare Market Size by Type
10.4 India Equine Healthcare Market Size by Application
11 Central & South America
11.1 Central & South America Equine Healthcare Market Size (2014-2019)
11.2 Equine Healthcare Key Players in Central & South America
11.3 Central & South America Equine Healthcare Market Size by Type
11.4 Central & South America Equine Healthcare Market Size by Application
12 International Players Profiles
12.1 Affymetrix
12.1.1 Affymetrix Company Details
12.1.2 Company Description and Business Overview
12.1.3 Equine Healthcare Introduction
12.1.4 Affymetrix Revenue in Equine Healthcare Business (2014-2019)
12.1.5 Affymetrix Recent Development
12.2 Bayer Health Care
12.2.1 Bayer Health Care Company Details
12.2.2 Company Description and Business Overview
12.2.3 Equine Healthcare Introduction
12.2.4 Bayer Health Care Revenue in Equine Healthcare Business (2014-2019)
12.2.5 Bayer Health Care Recent Development
12.3 Boehringer Ingelheim
12.3.1 Boehringer Ingelheim Company Details
12.3.2 Company Description and Business Overview
12.3.3 Equine Healthcare Introduction
12.3.4 Boehringer Ingelheim Revenue in Equine Healthcare Business (2014-2019)
12.3.5 Boehringer Ingelheim Recent Development
12.4 Elanco Animal Health
12.4.1 Elanco Animal Health Company Details
12.4.2 Company Description and Business Overview
12.4.3 Equine Healthcare Introduction
12.4.4 Elanco Animal Health Revenue in Equine Healthcare Business (2014-2019)
12.4.5 Elanco Animal Health Recent Development
12.5 Merck Animal Health
12.5.1 Merck Animal Health Company Details
12.5.2 Company Description and Business Overview
12.5.3 Equine Healthcare Introduction
12.5.4 Merck Animal Health Revenue in Equine Healthcare Business (2014-2019)
12.5.5 Merck Animal Health Recent Development
12.6 Purina Animal
12.6.1 Purina Animal Company Details
12.6.2 Company Description and Business Overview
12.6.3 Equine Healthcare Introduction
12.6.4 Purina Animal Revenue in Equine Healthcare Business (2014-2019)
12.6.5 Purina Animal Recent Development
12.7 Zoetis
12.7.1 Zoetis Company Details
12.7.2 Company Description and Business Overview
12.7.3 Equine Healthcare Introduction
12.7.4 Zoetis Revenue in Equine Healthcare Business (2014-2019)
12.7.5 Zoetis Recent Development
12.8 Boerhringer Ingelheim Vetmedica
12.8.1 Boerhringer Ingelheim Vetmedica Company Details
12.8.2 Company Description and Business Overview
12.8.3 Equine Healthcare Introduction
12.8.4 Boerhringer Ingelheim Vetmedica Revenue in Equine Healthcare Business (2014-2019)
12.8.5 Boerhringer Ingelheim Vetmedica Recent Development
12.9 Ceva Holdings
12.9.1 Ceva Holdings Company Details
12.9.2 Company Description and Business Overview
12.9.3 Equine Healthcare Introduction
12.9.4 Ceva Holdings Revenue in Equine Healthcare Business (2014-2019)
12.9.5 Ceva Holdings Recent Development
12.10 Merial
12.10.1 Merial Company Details
12.10.2 Company Description and Business Overview
12.10.3 Equine Healthcare Introduction
12.10.4 Merial Revenue in Equine Healthcare Business (2014-2019)
12.10.5 Merial Recent Development
12.11 Novartis Animal Health
12.12 Signostics
12.13 Vetoquinol
13 Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2019-2025)
13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
List of Tables and Figures
Table Equine Healthcare Key Market Segments
Table Key Players Equine Healthcare Covered
Table Global Equine Healthcare Market Size Growth Rate by Type 2014-2025 (Million US$)
Figure Global Equine Healthcare Market Size Market Share by Type 2014-2025
Figure Equine Diagnostic Products Figures
Table Key Players of Equine Diagnostic Products
Figure Equine Therapeutic Products Figures
Table Key Players of Equine Therapeutic Products
Figure Equine Genotype Analysis Figures
Table Key Players of Equine Genotype Analysis
Figure Others Figures
Table Key Players of Others
Table Global Equine Healthcare Market Size Growth by Application 2014-2025 (Million US$)
Figure Veterinary Clinics Case Studies
Figure Animal Science Research Institute Case Studies
Figure Others Case Studies
Figure Equine Healthcare Report Years Considered
Table Global Equine Healthcare Market Size 2014-2025 (Million US$)
Figure Global Equine Healthcare Market Size and Growth Rate 2014-2025 (Million US$)
Table Global Equine Healthcare Market Size by Regions 2014-2025 (Million US$)
Table Global Equine Healthcare Market Size by Regions 2014-2019 (Million US$)
Table Global Equine Healthcare Market Share by Regions 2014-2019
Figure Global Equine Healthcare Market Share by Regions 2014-2019
Figure Global Equine Healthcare Market Share by Regions 2019
Table Market Top Trends
Table Global Equine Healthcare Revenue by Manufacturers (2014-2019) (Million US$)
Table Global Equine Healthcare Market Share by Manufacturers (2014-2019)
Figure Global Equine Healthcare Market Share by Manufacturers in 2018
Table Global Equine Healthcare Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Equine Healthcare Product/Solution/Service
Table Date of Enter into Equine Healthcare Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table Global Equine Healthcare Market Size Share by Type (2014-2019)
Figure Global Equine Healthcare Market Size Market Share by Type (2014-2019)
Table Global Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table Global Equine Healthcare Market Size Share by Application (2014-2019)
Figure Global Equine Healthcare Market Size Market Share by Application (2014-2019)
Figure Global Equine Healthcare Revenue Market Share by Application in 2018
Figure United States Equine Healthcare Market Size 2014-2019 (Million US$)
Table United States Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table United States Key Players Equine Healthcare Market Share (2018-2019)
Table United States Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table United States Equine Healthcare Market Share by Type (2014-2019)
Table United States Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table United States Equine Healthcare Market Share by Application (2014-2019)
Figure Europe Equine Healthcare Market Size 2014-2019 (Million US$)
Table Europe Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table Europe Key Players Equine Healthcare Market Share (2018-2019)
Table Europe Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table Europe Equine Healthcare Market Share by Type (2014-2019)
Table Europe Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table Europe Equine Healthcare Market Share by Application (2014-2019)
Figure China Equine Healthcare Market Size 2014-2019 (Million US$)
Table China Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table China Key Players Equine Healthcare Market Share (2018-2019)
Table China Equine Healthcare Market Size by Type (2014-20189) (Million US$)
Table China Equine Healthcare Market Share by Type (2014-2019)
Table China Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table China Equine Healthcare Market Share by Application (2014-2019)
Figure Japan Equine Healthcare Market Size 2014-2019 (Million US$)
Table Japan Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table Japan Key Players Equine Healthcare Market Share (2018-2019)
Table Japan Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table Japan Equine Healthcare Market Share by Type (2014-2019)
Table Japan Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table Japan Equine Healthcare Market Share by Application (2014-2019)
Figure Southeast Asia Equine Healthcare Market Size 2014-2019 (Million US$)
Table Southeast Asia Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table Southeast Asia Key Players Equine Healthcare Market Share (2018-2019)
Table Southeast Asia Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table Southeast Asia Equine Healthcare Market Share by Type (2014-2019)
Table Southeast Asia Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table Southeast Asia Equine Healthcare Market Share by Application (2014-2019)
Figure India Equine Healthcare Market Size 2014-2019 (Million US$)
Table India Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table India Key Players Equine Healthcare Market Share (2018-2019)
Table India Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table India Equine Healthcare Market Share by Type (2014-2019)
Table India Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table India Equine Healthcare Market Share by Application (2014-2019)
Figure Central & South America Equine Healthcare Market Size 2014-2019 (Million US$)
Table Central & South America Key Players Equine Healthcare Revenue (2018-2019) (Million US$)
Table Central & South America Key Players Equine Healthcare Market Share (2018-2019)
Table Central & South America Equine Healthcare Market Size by Type (2014-2019) (Million US$)
Table Central & South America Equine Healthcare Market Share by Type (2014-2019)
Table Central & South America Equine Healthcare Market Size by Application (2014-2019) (Million US$)
Table Central & South America Equine Healthcare Market Share by Application (2014-2019)
Table Affymetrix Company Details
Table Affymetrix Revenue in Equine Healthcare Business (2014-2019) (Million US$)
Figure Affymetrix Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Affymetrix Recent Development
Table Bayer Health Care Company Details
Table Bayer Health Care Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Bayer Health Care Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Bayer Health Care Recent Development
Table Boehringer Ingelheim Company Details
Table Boehringer Ingelheim Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Boehringer Ingelheim Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Boehringer Ingelheim Recent Development
Table Elanco Animal Health Company Details
Table Elanco Animal Health Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Elanco Animal Health Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Elanco Animal Health Recent Development
Table Merck Animal Health Company Details
Table Merck Animal Health Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Merck Animal Health Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Merck Animal Health Recent Development
Table Purina Animal Company Details
Table Purina Animal Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Purina Animal Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Purina Animal Recent Development
Table Zoetis Company Details
Table Zoetis Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Zoetis Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Zoetis Recent Development
Table Boerhringer Ingelheim Vetmedica Company Details
Table Boerhringer Ingelheim Vetmedica Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Boerhringer Ingelheim Vetmedica Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Boerhringer Ingelheim Vetmedica Recent Development
Table Ceva Holdings Company Details
Table Ceva Holdings Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Ceva Holdings Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Ceva Holdings Recent Development
Table Merial Company Details
Table Merial Revenue in Equine Healthcare Business (2014-2019)(Million US$)
Figure Merial Revenue Growth Rate in Equine Healthcare Business (2014-2019)
Table Merial Recent Development
Table Novartis Animal Health Company Details
Table Signostics Company Details
Table Vetoquinol Company Details
Table Global Equine Healthcare Market Size by Regions (Million US$) 2019-2025
Figure Global Equine Healthcare Market Size Share by Regions (2019-2025)
Figure Global Equine Healthcare Market Size Share by Regions in 2025
Figure United States Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Figure Europe Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Figure China Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Figure Japan Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Figure Southeast Asia Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Figure India Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Figure Central & South America Equine Healthcare Market Size Forecast (2019-2025)(Million USD)
Table Global Equine Healthcare Market Size by Product (2019-2025) (Million US$)
Figure Global Equine Healthcare Market Size by Product (2019-2025)
Figure Global Equine Healthcare Market Size by Product in 2025
Table Global Equine Healthcare Market Size by Application (2019-2025) (Million US$)
Figure Global Equine Healthcare Market Size by Application (2019-2025)
Figure Global Equine Healthcare Market Size by Application in 2025
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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