Global Equine Healthcare Market Size & Outlook, 2023-2030
Global equine healthcare market, 2018-2030 (US$M)
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Global equine healthcare market highlights
- The global equine healthcare market generated a revenue of USD 3,372.8 million in 2023 and is expected to reach USD 5,911.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
- In terms of segment, pharmaceuticals accounted for a revenue of USD 875.5 million in 2023.
- Software & Services is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,372.8 million |
| Market revenue in 2030 | USD 5,911.9 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceuticals |
| Fastest growing segment | Software & Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceuticals, Vaccines, Medicinal Feed Additives, Orthobiologics, Diagnostics, Software & Services, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 40.3% of the global equine healthcare market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 193.0 million by 2030.
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Equine Healthcare market Scope
Equine Healthcare market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global equine healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to equine healthcare market will help companies and investors design strategic landscapes.
Pharmaceuticals was the largest segment with a revenue share of 25.96% in 2023. Horizon Databook has segmented the Global equine healthcare market based on pharmaceuticals, vaccines, medicinal feed additives, orthobiologics, diagnostics, software & services, other products covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Equine Healthcare Product Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceuticals
- Parasiticides
- Anti-infectives
- Anti-inflammatory & Analgesics
- Other Pharmaceuticals
- Vaccines
- Medicinal Feed Additives
- Orthobiologics
- Diagnostics
- Diagnostic Test Kits
- Diagnostic Equipments
- Software & Services
- Practice Management Software
- Imaging Software
- Telehealth Software
- Other Software & Services
- Other Products
- Pharmaceuticals
- Global Equine Healthcare Indication Outlook (Revenue, USD Million, 2018-2030)
- Musculoskeletal Disorders
- Parasitic Infections
- Equine Herpes Virus
- Equine Viral Arteritis (EVA)
- Equine Influenza
- West Nile Virus
- Tetanus
- Other Indications
- Global Equine Healthcare Activity Outlook (Revenue, USD Million, 2018-2030)
- Sports/ Racing
- Recreation
- Other Activities
- Global Equine Healthcare Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Veterinary Hospitals & Clinics
- E-commerce
- Equesterian Facilities
- Other Channels
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Target buyers of Global equine healthcare market databook
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Our clientele includes a mix of equine healthcare market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global equine healthcare market, including forecasts for subscribers. This global databook contains high-level insights into Global equine healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global equine healthcare market size, by regions, 2018-2030 (US$M)
Top 10 countries: Equine healthcare market size, 2023 (US$M)
Global equine healthcare market share, by product, 2023 & 2030 (%, US$M)
Equine healthcare market: Opportunity assessment by country
Global equine healthcare market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 937.6 | 1,007.8 | 1,066.4 | 1,166.9 | 1,265.1 | 1,358.0 | 1,380.9 | 1,505.0 | 1,586.5 | 1,714.4 | 1,825.3 | 1,982.3 | 2,161.9 | 6.9% |
| Europe | 777.8 | 840.1 | 895.5 | 976.1 | 1,061.2 | 1,126.2 | 1,253.7 | 1,331.7 | 1,419.2 | 1,516.8 | 1,621.5 | 1,732.2 | 1,866.6 | 7.5% |
| Asia Pacific | 312.2 | 338.3 | 360.9 | 397.8 | 434.9 | 492.5 | 547.7 | 641.6 | 707.5 | 791.6 | 864.1 | 936.7 | 1,025.4 | 11.1% |
| Latin America | 155.7 | 168.1 | 178.7 | 196.1 | 213.6 | 243.8 | 269.5 | 315.4 | 347.6 | 387.7 | 421.5 | 455.1 | 497.0 | 10.7% |
| MEA | 115.6 | 118.1 | 116.0 | 126.8 | 134.5 | 152.3 | 207.1 | 161.8 | 194.3 | 191.3 | 261.0 | 323.0 | 360.9 | 13.1% |
| Overall | 2,298.8 | 2,472.4 | 2,617.4 | 2,863.7 | 3,109.3 | 3,372.8 | 3,659.0 | 3,955.5 | 4,255.0 | 4,601.8 | 4,993.3 | 5,429.3 | 5,911.9 | 8.4% |
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