Report ID: SQMIG35G2223
Report ID:
SQMIG35G2223 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
71 |
Figures:
70
North America is dominating with the largest equine healthcare market share. The market in this region is rapidly growing due to the well-established veterinary infrastructure. In this region the US is leading the market because it is supported by several horse owners who does considerable investment in the equine healthcare. The vaccination programs and advancements in the therapeutic products also refers to critical necessities such as musculoskeletal disorder and viral infections. The region is also supporting equestrian sports, which is increasing the popularity for preventive and performance-enhancing solutions. Moreover, rising awareness campaigns and technological advancements in diagnostics and treatment solutions is fueling the growth of the market in the region.
The market in Europe is witnessing the fastest growth in the equine healthcare market. The market in this region can be characterized by its growing emphasis on research and innovation boosted by a rich equestrian heritage. Many countries such as UK, Germany, and France are contributing massively towards the growth of the market because of increasing number of horse owners and a strong focus on their welfare. Furthermore, advanced vaccines and therapeutic solutions for diseases like equine herpes virus and musculoskeletal conditions are being extensively adopted by these owners. Moreover, strict regulatory structure and rising government initiatives is also supporting the market growth, making sure to maintain better standards of veterinary care. Sports like horse racing and other leisure activities is also fueling the demand for medical products and services, leading to the growth of the market.
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Report ID: SQMIG35G2223