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    India Equine Healthcare Market

    ID: MRFR/HC/50666-HCR
    200 Pages
    Rahul Gotadki
    October 2025

    India Equine Healthcare Market Research Report By Product (Vaccines, Pharmaceuticals, Medicinal Feed Additives, Diagnostics, Software & Services, Others), By Indication (Musculoskeletal Disorders, Parasite Control, Internal Medicine, Equine Herpes Virus, Equine Encephalomyelitis, Equine Influenza, West Nile Virus, Tetanus, Others), By Activity (Sports/Racing, Recreation, Others) and By Distribution Channel (Veterinary Hospitals & Clinics, E-commerce, Others)- Forecast to 2035

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    India Equine Healthcare Market Infographic
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    India Equine Healthcare Market Summary

    As per MRFR analysis, the equine healthcare market size was estimated at 103.75 USD Million in 2024. The equine healthcare market is projected to grow from 110.68 USD Million in 2025 to 211.25 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.68% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India equine healthcare market is experiencing robust growth driven by increasing awareness and advancements in veterinary services.

    • The demand for preventive care in equine healthcare is rising, reflecting a shift towards proactive health management.
    • Technological advancements in veterinary services are enhancing diagnostic and treatment capabilities for equine health.
    • The equestrian sports segment is the largest, while the growth of recreational riding activities represents the fastest-growing segment.
    • Key market drivers include increasing awareness of equine health and the expansion of veterinary services across the country.

    Market Size & Forecast

    2024 Market Size 103.75 (USD Million)
    2035 Market Size 211.25 (USD Million)

    Major Players

    Merck Animal Health (US), Zoetis (US), Boehringer Ingelheim (DE), Elanco Animal Health (US), Vetoquinol (FR), Dechra Pharmaceuticals (GB), Cegelec (FR), Heska Corporation (US), Vetmedin (DE)

    India Equine Healthcare Market Trends

    The equine healthcare market is experiencing notable growth. This growth is driven by increasing awareness of animal welfare and advancements in veterinary medicine. In India, the rising number of horse owners and the growing popularity of equestrian sports contribute to the demand for specialized healthcare services. This market encompasses a wide range of products and services, including vaccinations, diagnostics, and nutritional supplements, which are essential for maintaining the health and performance of horses. Furthermore, the integration of technology in veterinary practices, such as telemedicine and electronic health records, appears to enhance service delivery and accessibility for horse owners. Moreover, The equine healthcare market is likely to benefit from government initiatives. These initiatives aim to promote animal health and welfare. Regulatory frameworks are evolving to ensure better standards in veterinary practices, which may lead to increased trust among consumers. The emphasis on preventive care and regular health check-ups is becoming more pronounced, as owners recognize the long-term benefits of investing in their horses' health. As the market continues to develop, it seems poised for further expansion, with potential opportunities for innovation in treatment options and healthcare delivery methods.

    Rising Demand for Preventive Care

    There is a growing emphasis on preventive healthcare measures within the equine healthcare market. Horse owners are increasingly recognizing the importance of regular check-ups and vaccinations to maintain their animals' health. This trend is likely to lead to a rise in demand for veterinary services that focus on preventive care, thereby enhancing the overall well-being of horses.

    Technological Advancements in Veterinary Services

    The integration of technology into veterinary practices is transforming the equine healthcare market. Innovations such as telemedicine and digital health records are improving access to veterinary care. These advancements may facilitate timely interventions and enhance communication between veterinarians and horse owners, ultimately leading to better health outcomes.

    Growth of Equestrian Sports and Activities

    The increasing popularity of equestrian sports in India is driving demand for specialized equine healthcare services. As more individuals engage in activities such as horse racing and show jumping, the need for tailored healthcare solutions becomes apparent. This trend suggests a potential expansion of services aimed at supporting the health and performance of competitive horses.

    India Equine Healthcare Market Drivers

    Expansion of Veterinary Services

    The equine healthcare market is witnessing an expansion of veterinary services across India. This expansion is particularly notable in rural and semi-urban areas. This expansion is facilitated by government initiatives aimed at improving animal health and welfare. The establishment of veterinary clinics and mobile veterinary units is making healthcare more accessible to horse owners. Furthermore, the introduction of specialized equine veterinary practices is likely to enhance the quality of care available. This trend may contribute to a projected increase in the market size, with estimates suggesting a growth rate of around 12% annually as more horse owners seek professional veterinary assistance.

    Growth of the Equestrian Industry

    The equine healthcare market is positively influenced by the growth of the equestrian industry in India. As more individuals engage in equestrian sports and recreational riding, the demand for equine healthcare services is expected to rise. This growth is likely to be accompanied by an increase in the number of horses owned for competitive purposes, which necessitates regular health check-ups and specialized care. Consequently, the market could experience a significant boost, with projections indicating a potential increase in service demand by approximately 20% as the equestrian community expands.

    Rising Investment in Equine Research

    Investment in equine research is becoming a significant driver for the equine healthcare market in India. Research institutions and universities are increasingly focusing on equine health issues, leading to advancements in treatment protocols and preventive measures. This influx of research funding is likely to result in the development of innovative healthcare products and services tailored to the needs of horses. As a consequence, the market may see a surge in the introduction of new therapies and medications, potentially enhancing the overall quality of equine healthcare and driving market growth by an estimated 10% over the next few years.

    Increasing Awareness of Equine Health

    The equine healthcare market in India is experiencing a notable shift as awareness regarding equine health issues rises among horse owners and caretakers. This heightened awareness is likely driven by educational initiatives and the proliferation of information through digital platforms. As a result, horse owners are increasingly seeking preventive care and regular veterinary check-ups, which could lead to a growth in demand for healthcare services. The market is projected to expand as more individuals recognize the importance of maintaining their horses' health, potentially increasing the overall expenditure on equine healthcare services by approximately 15% over the next few years.

    Government Support for Animal Health Initiatives

    Government support for animal health initiatives is a crucial driver for the equine healthcare market in India. Various policies and programs aimed at improving animal welfare and healthcare access are being implemented. This support includes funding for veterinary services and public awareness campaigns about equine health. Such initiatives are likely to enhance the overall infrastructure for equine healthcare, making it more accessible to horse owners. As a result, the market may witness a growth trajectory of around 8% annually, reflecting the positive impact of government involvement in promoting equine health.

    Market Segment Insights

    India Equine Healthcare Market Segment Insights

    India Equine Healthcare Market Segment Insights

    Equine Healthcare Market Product Insights

    Equine Healthcare Market Product Insights

    The India Equine Healthcare Market demonstrates a diverse array of products essential for the health and wellbeing of equines. The segment encompasses various offerings ranging from vaccines designed to protect against infectious diseases to pharmaceuticals that effectively manage and treat a wide array of medical conditions. Vaccines play a pivotal role in disease prevention, largely contributing to better overall herd health and reducing the risk of outbreaks. 

    Pharmaceuticals, on the other hand, consist of antibiotics, anti-inflammatory agents, and analgesics that are essential for treating illnesses and injuries, thus ensuring a quicker recovery for equines. The medicinal feed additives segment further enhances equine health by improving digestion, enhancing growth rates, and optimizing overall nutrition, subsequently leading to better performance and resilience among horses.

    Diagnostics are another critical aspect, providing accurate and timely information necessary for informed decision-making in veterinary care. Advanced diagnostic tools enable veterinarians to efficiently identify health issues, enhancing the efficacy of subsequent treatment regimens. Software and services dedicated to equine healthcare facilitate better management of veterinary practices, improving operational efficiency and enhancing care for the animals. These technological solutions not only streamline processes but also contribute to data management and patient record-keeping essential for optimizing care delivery.

    Lastly, the 'Others' category includes various auxiliary products and services that support the equine healthcare landscape, ensuring a holistic approach to managing equine health. Overall, the Product segment within the India Equine Healthcare Market highlights the need for an integrated approach to equine health management, driven by a combination of innovative healthcare solutions and traditional veterinary practices to meet the increasing demand in the growing equine population in India.

    Equine Healthcare Market Indication Insights

    Equine Healthcare Market Indication Insights

    The India Equine Healthcare Market has been progressing significantly, particularly in various indications related to equine health. The market encompasses critical areas such as musculoskeletal disorders, which prominently affect performance and well-being in horses. Parasite control represents another vital aspect, as it addresses common infestations that can lead to severe health complications. Internal medicine plays a crucial role in diagnosing and treating various systemic conditions, while conditions like Equine Herpes Virus and Equine Influenza demonstrate the importance of infectious disease management.

    Additionally, West Nile Virus and Equine Encephalomyelitis are prevalent concerns that require ongoing attention given their impact on equine populations. Tetanus remains a significant threat, underscoring the need for preventative healthcare measures. Each area within this segment reflects essential health challenges, showcasing the necessity for tailored solutions that improve the overall welfare of horses in India.

    The combined efforts in these indications contribute to a robust healthcare landscape, encouraging advancements and Research and Development that further support equine health and wellbeing across the country.The ongoing attention to these specifics highlights the market's potential for growth and the importance of veterinary care in addressing diverse health needs.

    Equine Healthcare Market Activity Insights

    Equine Healthcare Market Activity Insights

    The Activity segment of the India Equine Healthcare Market plays a crucial role in shaping the overall landscape of equine care in the region. The increasing popularity of horse racing and sports in India has led to a growing emphasis on specialized healthcare services, as equine athletes require tailored health solutions to ensure peak performance. The recreational riding community has also gained momentum, driving demand for comprehensive healthcare products and services that promote horse wellbeing and longevity. This diverse segment encapsulates various activities, collectively focusing on enhancing the health and performance of horses.

    The emphasis on proper nutritional support and preventive care measures remains significant for all activities, highlighting the need for end-users to invest in effective solutions that cater to the specific needs of their horses. As the India Equine Healthcare Market continues to evolve, competition among service providers is likely to intensify, fostering innovation and improved service delivery in this vital sector. This will create opportunities for advancements in treatments and health management solutions tailored to the unique demands of the equine population across India.

    Equine Healthcare Market Distribution Channel Insights

    Equine Healthcare Market Distribution Channel Insights

    The Distribution Channel segment of the India Equine Healthcare Market plays a crucial role in shaping the accessibility and delivery of equine health products and services. With the rising number of equine facilities and increasing awareness around animal health care, veterinary hospitals and clinics remain significant contributors to this segment, offering specialized services and tailored treatments for horses. E-commerce has emerged as a key player in recent years, providing an innovative platform for seamless purchasing options, enabling pet owners and equine enthusiasts to access a wide range of products efficiently and at competitive prices.

    This growing digital trend has been driven by the increase in internet penetration and smartphone usage in India, facilitating market growth through convenience and accessibility. Furthermore, other channels, potentially including local suppliers and farm-based services, provide essential alternatives that cater to diverse customer preferences and specific regional needs. The increasing disposable income and heightened focus on equine health have created opportunities for growth in various aspects of the market, while challenges such as regulatory frameworks and competition from established brands continue to shape the landscape.

    Overall, the Distribution Channel segment is pivotal in bridging gaps within the India Equine Healthcare Market, ultimately contributing to improved health outcomes for equines across the country.

    Get more detailed insights about India Equine Healthcare Market

    Key Players and Competitive Insights

    The equine healthcare market in India is characterized by a dynamic competitive landscape, driven by increasing awareness of equine health, rising disposable incomes, and a growing equestrian culture. Major players such as Merck Animal Health (US), Zoetis (US), and Boehringer Ingelheim (DE) are strategically positioned to leverage these trends. Merck Animal Health (US) focuses on innovation in vaccine development and has recently expanded its product portfolio to include advanced diagnostic tools. Zoetis (US) emphasizes digital transformation, integrating technology into its service offerings to enhance customer engagement and streamline operations. Boehringer Ingelheim (DE) is actively pursuing partnerships with local veterinary clinics to improve service delivery and expand its market reach, thereby shaping a competitive environment that prioritizes innovation and customer-centric solutions.

    Key business tactics employed by these companies include localizing manufacturing and optimizing supply chains to reduce costs and improve service delivery. The market appears moderately fragmented, with several players vying for market share, yet the collective influence of key players is significant. This competitive structure fosters an environment where innovation and strategic partnerships are essential for maintaining a competitive edge.

    In October 2025, Merck Animal Health (US) announced the launch of a new equine vaccine aimed at combating equine influenza, a move that underscores its commitment to innovation and responsiveness to market needs. This strategic action not only enhances its product offerings but also positions the company as a leader in equine health solutions, potentially increasing its market share in a growing segment. Similarly, in September 2025, Zoetis (US) unveiled a digital platform designed to facilitate telemedicine consultations for equine health, reflecting a shift towards technology-driven solutions that cater to the evolving needs of horse owners and veterinarians alike. This initiative may significantly enhance customer engagement and streamline service delivery, thereby reinforcing Zoetis's competitive position.

    In August 2025, Boehringer Ingelheim (DE) entered into a strategic partnership with a prominent Indian veterinary college to foster research and development in equine health. This collaboration is likely to yield innovative solutions tailored to local market needs, enhancing the company's reputation and operational capabilities in the region. Such partnerships not only facilitate knowledge transfer but also strengthen the company's foothold in the Indian equine healthcare market.

    As of November 2025, current competitive trends indicate a pronounced shift towards digitalization, sustainability, and the integration of artificial intelligence in equine healthcare solutions. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is expected to evolve, with a marked transition from price-based competition to a focus on innovation, technology, and supply chain reliability. This shift may redefine market dynamics, compelling companies to invest in advanced solutions that enhance equine health outcomes.

    Key Companies in the India Equine Healthcare Market market include

    Industry Developments

    Recent developments in the India Equine Healthcare Market have showcased a significant focus on veterinary pharmaceuticals and innovative healthcare solutions for equines. Companies such as Zoetis and Merck Animal Health are actively enhancing their product offerings amid a rising demand for health supplements and disease control among horses. Hindustan Animal Healthcare has recently launched new equine vaccines aimed at improving disease prevention, while Huvepharma has made strides in their equine product line, focusing on nutritional health and performance enhancement. 

    In terms of mergers and acquisitions, a notable transaction involved Elanco Animal Health acquiring a small biotech firm in August 2023 to bolster its equine portfolio. Moreover, the market is experiencing growth, with an increased valuation attributed to a surge in awareness pertaining to equine health management and welfare. The equine healthcare sector has seen increased investment supporting the Research and Development of new treatments and vaccines. Over the last two years, major players like Bharat Serum and Indo Veterinary have also been expanding their footprints through partnerships and collaborations, influencing overall market dynamics and enhancing service availability.

    Future Outlook

    India Equine Healthcare Market Future Outlook

    The equine healthcare market in India is projected to grow at a 6.68% CAGR from 2024 to 2035, driven by increasing equine population, rising awareness, and advancements in veterinary technology.

    New opportunities lie in:

    • Development of telemedicine platforms for remote veterinary consultations.
    • Expansion of specialized equine nutrition products targeting performance horses.
    • Implementation of mobile veterinary clinics for on-site healthcare services.

    By 2035, the equine healthcare market is expected to achieve substantial growth and innovation.

    Market Segmentation

    India Equine Healthcare Market Product Outlook

    • Vaccines
    • Pharmaceuticals
    • Medicinal Feed Additives
    • Diagnostics
    • Software & Services
    • Others

    India Equine Healthcare Market Activity Outlook

    • Sports/Racing
    • Recreation
    • Others

    India Equine Healthcare Market Indication Outlook

    • Musculoskeletal Disorders
    • Parasite Control
    • Internal Medicine
    • Equine Herpes Virus
    • Equine Encephalomyelitis
    • Equine Influenza
    • West Nile Virus
    • Tetanus
    • Others

    India Equine Healthcare Market Distribution Channel Outlook

    • Veterinary Hospitals & Clinics
    • E-commerce
    • Others

    Report Scope

    MARKET SIZE 2024103.75(USD Million)
    MARKET SIZE 2025110.68(USD Million)
    MARKET SIZE 2035211.25(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)6.68% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Merck Animal Health (US)", "Zoetis (US)", "Boehringer Ingelheim (DE)", "Elanco Animal Health (US)", "Vetoquinol (FR)", "Dechra Pharmaceuticals (GB)", "Cegelec (FR)", "Heska Corporation (US)", "Vetmedin (DE)"]
    Segments CoveredProduct, Indication, Activity, Distribution Channel
    Key Market OpportunitiesIntegration of telemedicine and digital health solutions in the equine healthcare market.
    Key Market DynamicsRising demand for advanced veterinary services drives innovation in equine healthcare solutions across the region.
    Countries CoveredIndia

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    FAQs

    What is the expected market size of the India Equine Healthcare Market in 2024?

    The India Equine Healthcare Market is expected to be valued at 129.5 million USD in 2024.

    What will be the market size of the India Equine Healthcare Market by 2035?

    By 2035, the India Equine Healthcare Market is projected to reach a valuation of 645.0 million USD.

    What is the expected CAGR for the India Equine Healthcare Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 15.715% from 2025 to 2035.

    What are some key players in the India Equine Healthcare Market?

    Major players include Huvepharma, Hindustan Animal Healthcare, Zoetis, Merck Animal Health, and Elanco Animal Health.

    How is the India Equine Healthcare Market segmented by product?

    The market is segmented into vaccines, pharmaceuticals, medicinal feed additives, diagnostics, and software & services.

    What will be the market value for vaccines in the equine healthcare market by 2035?

    The vaccines segment is expected to grow to 125.0 million USD by 2035.

    What is the projected market value for pharmaceuticals in the India Equine Healthcare Market in 2024?

    The pharmaceuticals segment is valued at 40.0 million USD in 2024.

    What are the expected growth opportunities in the India Equine Healthcare Market?

    Growth opportunities arise from increased awareness of equine health and advancements in veterinary technologies.

    What is the expected size of the diagnostics segment in 2024?

    The diagnostics segment is anticipated to be valued at 30.0 million USD in 2024.

    What is the expected market value for software & services in the equine healthcare market by 2035?

    The software & services segment is forecasted to reach 95.0 million USD by 2035.

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