The equine healthcare market is projected to grow from $1.34 billion in 2023 to $1.81 billion by 2028, driven by factors such as an aging equine population, increased awareness of animal health, and advancements in healthcare solutions. Key players include Merck, Bayer, and Zoetis, focusing on innovative products like protein-based vaccines. North America remains the largest market, with significant investments in animal healthcare infrastructure supporting this expansion.
The Equine Healthcare Market is projected to grow at a CAGR of 4.2% from 2024 to 2031, driven by rising demand for veterinary care, advanced treatments, and preventive measures for horses. Key players include Purina Animal Nutrition, Elanco Animal Health, and Boehringer Ingelheim, focusing on products like vaccines, pharmaceuticals, and diagnostics. The market"s expansion is fueled by increased awareness of equine health, growth in the equestrian sports industry, and advancements in veterinary technologies.
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