Press release
Global Equine Healthcare Market Slows Down as Horse Breeding Activities Drop; Market to Slump to US$24.5 bn by 2019
According to the report, the key factor responsible for the shrinking global equine healthcare market is the falling rate of horse breeding undertaken on a global scale. The consequent drop in equine population has also created a faster decline in the global equine healthcare market.The global equine healthcare market, as per the report, is a major secondary market for the global equine industry. The equine industry is currently a multibillion-dollar industry and covers races and the wagering involved, leisure horse riding, and competitive horse riding. It also includes a list of secondary markets, including the global equine healthcare market.
Get Free PDF Brochure for more Professional and Technical industry insights:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1603
As a precursor to the global equine healthcare market forecasts, the report also explains that any change in the equine population directly affects the global equine healthcare market. As such, a fall in horse numbers will result in a lower demand for their healthcare products.Consequently, the focus of multiple equestrian companies has shifted from specific fields of the global equestrian industry to a holistic approach towards horse breeding. Most companies have adopted this strategy in order to maximize their ROI in equine business operations. Expert opinions reveal horse breeding to be the lone profit-making endeavor in the global equestrian industry.
The report divides the global equine healthcare market into three segments on the basis of products: diagnostic products, supplements, and therapeutic products.The report notes that the growth rate of one product segment – equine diagnostic products – remains higher than the rest. This is directly attributed to the changes in regulatory compliance brought on by multiple governing agencies in favor of genotype labeling or tagging of all meat sources. The procedure is used to differentiate various types of meats in order to curb the spreading of infections between humans and horses.
Browse the full exclusive Global strategic Business report :
http://www.transparencymarketresearch.com/equine-healthcare-market.html
Breed quality analyzers or genotype analyzers are an integral part of the equine diagnostic products segment of the global equine healthcare market. This segment is expanding at a CAGR of more than 15% within the report’s forecast period, owing solely to the increasing sales of the analysis kits.According to the report, by 2019, almost half of all horse-owners in North America will have restricted their business to horse breeding as a result of loss of interest and to maximize ROI in a declining global equine industry.
Key segments of the Global Equine Healthcare Market
Equine Diagnostic Products Market, by Type
Equine Pregnancy and Gestation Diagnostic Products Market
Equine UltraSound Devices Market
Equine Urine Test Kits Market
Equine Genotyping Analysis Products Market
Breed Quality Analyzers/Genotype Analyzers Kits Market
Genetic Disease Identification Products/Semen Quality Analyzers Market
Equine Therapeutic Products Market, by Type
Equine Vaccines Market
Equine Antibacterials Market
Equine Antivirals Market
Equine Antiprotozoals Market
Equine Dopamine Agonists Market
Equine Anti-inflammatory Drugs Market
Equine Laxatives Market
Equine Supplement Products Market, by Type
Equine Performance Supplements Market
Equine Proteins and Amino Acids Supplements Market
Equine Vitamin Supplements Market
Equine Electrolyte Supplements Market
Other Equine Performance Supplements Market
Equine Protection Products Market
Equine Protection Products Market
Equine Prosthetics Market
Equine Healthcare Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World (RoW)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Equine Healthcare Market Slows Down as Horse Breeding Activities Drop; Market to Slump to US$24.5 bn by 2019 here
News-ID: 366252 • Views: …
More Releases from TMR – Research Reports
Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home…
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture.
Another factor catalyzing growth in the global…
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.…
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units.
While expanding operations across emerging nations has…
More Releases for Equine
Equine Insurance Market Is Going to Boom | Major Giants Petplan Equine, Lloyd's …
HTF MI just released the Global Equine Insurance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Equine Insurance Market are:
Markel Corporation (USA), Great American…
Equine Veterinary Therapeutics Market Pioneering Advances and Emerging Trends Sh …
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
The equine veterinary therapeutics market is an essential segment of the broader veterinary industry, driven by continuous advancements in treatments, technologies, and the increasing demand for specialized healthcare for horses. As the industry evolves, new therapeutic approaches are emerging, not only to address traditional equine health concerns but also to enhance performance, recovery, and overall well-being.
The equine veterinary therapeutics market is projected to grow from US$1.37 billion in 2023…
Peterson Smith Equine Hospital Unveils State-of-the-Art CT Wing, Enhancing Equin …
Ocala, FL - Peterson Smith Equine Hospital is pleased to formally announce its latest enhancement in equine healthcare with the inauguration of our recently completed CT Wing. This significant addition underscores our commitment to advancing diagnostic capabilities for the benefit of our patients and clients.
The project included comprehensive upgrades to our lobby and examination rooms, along with the construction of a cutting-edge standing surgery suite. The highlight of this development…
Equine Pharmaceuticals And Supplements Market
Equine Pharmaceuticals And Supplements Market: Overview
Numerous people take supplements to help prevent vitamin, mineral, and electrolyte deficiencies as well as to enhance their health and performance. The human health industry is flooded with supplements that promise to balance the diet, boost athletic performance, or alleviate health issues, and the horse supplement industry has developed significantly over the past 20 years. Owners and caregivers of horses now have access to a…
Equine Supplement Products Market Worth US$ 1,15,932.42 thousand by 2028 | Plusv …
According to our new market research study on “Equine Supplement Products Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Supplements, Application, Distribution Channel, and Geography,” the market is expected to reach US$ 1,15,932.42 Thousand in 2028 from US$ 89,436.31 Thousand in 2021. The market is estimated to grow with a CAGR of 3.8% from 2021-2028. Key factors that are driving growth of the market are benefits…
Global Equine Supplement Products Market 2020 Business Strategies – Bayer AG, …
The market report titled “Equine Supplement Products Market: by Supplement (Proteins/ Amino Acids, Vitamins, Enzymes, Electrolytes/ Minerals, and Others), by Application (Performance Enhancement, Joint Disorder Prevention, and Others), and by Distribution Channel (Veterinary Hospital Pharmacies, Retail Pharmacies, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Equine Supplement Products…
