Market Research Report
Equine Healthcare Market by Product Type, Disease, and Distribution Channel : Opportunity Analysis and Industry Forecast, 2020-2030
|Equine Healthcare Market by Product Type, Disease, and Distribution Channel : Opportunity Analysis and Industry Forecast, 2020-2030|
Published: September 30, 2021
Allied Market Research
Content info: 203 Pages
Delivery time: 2-3 business days
Equine health is an important aspect of a horse's quality of life. Maintaining good health in racehorses is vital as proper management can reduce the incidence of many disease conditions. As horses interact with its environment, it relies on health concerns to maintain proper performance and stability of horses. Understanding the horse's health can help to promote its overall well-being. The healthcare of horses includes routine veterinary care for vaccinations, parasite control, and dental care; grooming and hoof care; and protection.
The global equine healthcare devices market was valued at $1,206.70 million in 2020, and is projected to reach $2,328.90 million by 2030, registering a CAGR of 6.80% from 2021 to 2030, owing to rise in prevalence of equine diseases, increase in equine population, increase in animal health expenditure, rise in demand for use of horses for various purposes, increase in advancements of equine healthcare products, and growing awareness among the population about the importance and benefits of horses healthcare. However, decline in equine population is expected to hamper the market growth.
The global equine healthcare market is segmented into product type, disease, and distribution channel. Based on product type, the market is categorized into drug, vaccines, and medicated feed additives. Furthermore, drugs are classified into anti-infectives, anti-inflammatory, parasiticides, and others. Vaccines are classified into inactivated, live attenuated, recombinant, and others. Based on disease, the market is divided into influenza, tetanus, equine herpes virus, and others (equine encephalomyelitis, west nile virus, equine rabies, and potomac horse fever). On the basis of distribution channel, it is bifurcated into veterinary hospitals and clinics and retail pharmacies and drug stores. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Product Type
By Distribution Channel