Report ID: SQMIG35G2223
Report ID:
SQMIG35G2223 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
71 |
Figures:
70
Equine Healthcare Market size was valued at USD 3.36 Billion in 2023 and is poised to grow from USD 3.93 Billion in 2024 to USD 13.68 Billion by 2032, growing at a CAGR of 16.9% during the forecast period (2025-2032).
The factors driving the equine healthcare market growth is increasing R&D initiatives, growth in equine health complications, and increasing popularity of equine-based therapy. The advent of artificial intelligence (AI) in equine health is also contributing to the growth of the market. Furthermore, researchers in the veterinary field are also focusing on innovations by constantly conducting research for including artificial intelligence in equine veterinary practice. The global leaders in the market are supporting such practices so that they can address the repetitive challenges in the field. This technology will also evolve equine healthcare management by offering periodic analysis of the horses for timely health management. This is increasing the accuracy of early disease diagnosis and personalized treatment.
Equine healthcare consists of preventive care, illness management, lameness treatment, reproductive care, oral hygiene, rehabilitation, and addressing behavioral issues. It helps in enhancing overall health, preventing future breeding, and promoting a better lifespan. It also helps in early disease detection and minimizes the risk of serious diseases like dental problems, infections, obesity, herpes, and rabies.
US Equine Healthcare Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35G2223