PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1901522
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1901522
The equine healthcare Market size was valued at US$ 3,345.67 Million in 2024, expanding at a CAGR of 8.4% from 2025 to 2032.
Equine healthcare includes services for horses that race and wager, compete in riding, and have fun. Healthcare includes regular trips to the vet for vaccinations, parasite control, and dental care. It also includes grooming, hoof care, and protection from the elements, including rain, wind, and snow. To keep a horse healthy for life, it's necessary to do more than just feed and exercise it properly. One also needs to do other things that are part of general care. At least once a year, adult horses should see a veterinarian for a comprehensive check-up. Horses over the age of 20 should see their vet at least twice a year, and more often if they are unwell. This is because older animals are more likely to get sick, and it is easier to spot them.
Equine Healthcare Market- Market Dynamics
Rising participation in equestrian sports
As more people get into riding horses, the equine healthcare market has benefited from this trend by putting more focus on horse health and performance. Since more individuals get involved in activities like racing, dressage, and show jumping, the need for specialized healthcare supplies and services grows. An increasing number of equestrian events and competitions require full healthcare plans for the horses that take part. This shows how this trend is growing. Because of this, the equine healthcare market is predicted to rise as owners put the health and performance of their horses first. According to the British Equestrian, there are 1.82 million regular and 3.2 million occasional riders, 850,000 horses, and a USD 6.6 bn industry value.
The worldwide market is segmented on the basis of product, indication, activity, distribution Channel, and region.
Based on the product, the pharmaceuticals segment is expected to capture the largest market share over the projected period. The market is rising because there is more demand for therapeutic, preventative, and specialty medications for horses. The market is growing quickly because more horse owners are aware of equine diseases, more people are willing to accept treatments prescribed by veterinarians, and more people are willing to accept treatments prescribed by veterinarians. Antibiotics, anti-inflammatory medications, painkillers, and immunizations are just a few of the numerous things that can make animals healthier and help them do better. Leading pharmaceutical companies put research and development, novel medicine formulations, and clever collaborations at the top of their lists of ways to grow their equine healthcare businesses. The market is seeing segmented revenue growth because biologics, regenerative therapies, and personalized treatments are always getting better.
Based on the indication, the parasitic infections segment dominates the market over the projected period. The high frequency of internal and external parasites in horse's fuel market growth. Effective parasiticides are still in high demand since parasites like strongyles, tapeworms, and ticks can cause serious health issues like colic, anemia, and weight loss. Long-acting medications, combination therapy, and better formulations are increasingly being used to improve convenience and efficacy.
Equine Healthcare Market- Geographical Insights
North America captures the majority of the market share in 2024 and will continue the same pattern during the forecast period. Welfare expenditures, riding horses, and improvements in diagnostics and regenerative therapies are all helping the industry grow. The region's growing rules and regulations for horse health and welfare are also expected to help the region thrive. The Animal and Plant Health Inspection Service (APHIS) of the United States Department of Agriculture (USDA) made the Horse Protection Regulations stronger in May 2024 to stop people from intentionally soring horses. Horse owners use this on purpose to injure their horses so they can do better in activities like racing, but it can be bad for the horse's health.
US Equine Healthcare Market- Country Insights
The US dominates the market in the region. This development is due to several causes, such as the expanding demand for advanced veterinary drugs, diagnostics, and software services, as well as horse owners, breeders, and equestrian sports participants being more aware of and taking steps to prevent problems. Furthermore, the growing acquisition of equine hospitals is expected to foster industry growth. For instance, in April 2025, Altano Group, a leading international network of equine clinics at the forefront of veterinary medicine, is thrilled to announce its acquisition of Del Oeste Equine Hospital.
The market is rising because there is a growing need for therapeutic, preventative, and specialty drugs for horses. The market is developing swiftly because more horse owners know about horse diseases, more people are prepared to follow the advice of veterinarians, and more horses are getting sick. Antibiotics, anti-inflammatory medications, painkillers, and immunizations are just a few of the things that can help animals be healthier and do better. Top pharmaceutical companies put research and development, novel treatment formulations, and clever collaborations at the top of their lists to grow their equine healthcare businesses. The market is seeing segmented revenue growth because biologics, regenerative therapies, and tailored treatments are continually improving.
In March 2025, Altano Group, an internationally renowned network of leading equine veterinary clinics, announced a strategic partnership with Idaho Equine Hospital, a leading provider of western performance horse medicine and veterinary education. This collaboration further strengthens Altano's commitment to advancing equine healthcare globally.
In February 2025, in an exciting development within the equine veterinary community, Altano Group, an international leader in equine veterinary medicine, announced that Performance Equine Associates, a renowned full-service equine hospital and ambulatory practice located in Thackerville, Oklahoma, near the Texas state border, has joined the Altano Group.