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South America Equine Healthcare Market

ID: MRFR/HC/50665-HCR
200 Pages
Rahul Gotadki
October 2025

South America 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), By Distribution Channel (Veterinary Hospitals & Clinics, E-commerce, Others) and By Regional (Brazil, Mexico, Argentina, Rest of South Ameri... read more

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South America Equine Healthcare Market Summary

As per MRFR analysis, the South America equine healthcare market Size was estimated at 389.07 USD Million in 2024. The South America equine healthcare market is projected to grow from 391.17 USD Million in 2025 to 412.85 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 0.54% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South America equine healthcare market is experiencing a dynamic shift towards preventive care and technological integration.

  • Brazil remains the largest market for equine healthcare, driven by its extensive equestrian culture.
  • Mexico is emerging as the fastest-growing region, reflecting a rising interest in equine sports and ownership.
  • There is a notable increase in the focus on nutrition and preventive care among horse owners across the region.
  • The growing demand for equine sports and rising awareness of animal welfare are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 389.07 (USD Million)
2035 Market Size 412.85 (USD Million)

Major Players

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

South America Equine Healthcare Market Trends

The equine healthcare market in South America is currently experiencing a notable evolution, driven by a combination of factors including increased awareness of equine welfare and advancements in veterinary medicine. The region's diverse equestrian culture, which encompasses recreational riding, competitive sports, and agricultural uses, contributes to a growing demand for specialized healthcare services. This heightened focus on the health and well-being of horses is reflected in the rising investments in veterinary practices, pharmaceuticals, and nutritional products tailored for equines. Furthermore, the integration of technology in veterinary care, such as telemedicine and digital health records, appears to enhance service delivery and accessibility for horse owners across various countries in South America. In addition, the equine healthcare market is likely to benefit from the increasing collaboration between veterinary professionals and equine associations. These partnerships may facilitate the dissemination of knowledge regarding best practices in horse care and management. Moreover, the emphasis on preventive healthcare, including vaccinations and regular check-ups, suggests a shift towards a more proactive approach in managing equine health. As the market continues to develop, it is essential for stakeholders to remain attuned to emerging trends and innovations that could shape the future of equine healthcare in the region.

Rise in Preventive Care

There is a growing trend towards preventive care in the equine healthcare market, as horse owners increasingly recognize the importance of regular veterinary check-ups and vaccinations. This shift is likely to enhance overall equine health and reduce the incidence of diseases.

Technological Advancements

The integration of technology in veterinary practices is becoming more prevalent. Innovations such as telemedicine and digital health records are improving the efficiency and accessibility of equine healthcare services, allowing for better monitoring and management of horse health.

Increased Focus on Nutrition

There is an emerging emphasis on equine nutrition, with horse owners seeking specialized dietary products to support the health and performance of their animals. This trend indicates a broader understanding of the role that nutrition plays in overall equine well-being.

South America Equine Healthcare Market Drivers

Increase in Horse Ownership

The equine healthcare market is experiencing growth due to an increase in horse ownership across South America. This trend is driven by a combination of factors, including the rise of recreational riding and the establishment of equestrian clubs. As more individuals acquire horses, the demand for healthcare services, including vaccinations, dental care, and nutritional products, is expected to rise. Market analysts project that the number of horse owners will increase by approximately 5% annually, leading to a corresponding growth in the equine healthcare market. This burgeoning ownership base underscores the need for comprehensive healthcare solutions tailored to the diverse needs of horse owners.

Expansion of Veterinary Services

The equine healthcare market in South America is benefiting from the expansion of veterinary services, particularly in rural areas where access to quality care has historically been limited. The establishment of mobile veterinary clinics and telemedicine services is enhancing the availability of healthcare for horses. This trend is crucial as it addresses the needs of horse owners who may have previously faced challenges in accessing veterinary expertise. The increase in veterinary professionals specializing in equine care is also noteworthy, with a projected rise of 10% in the number of certified equine veterinarians over the next few years, thereby bolstering the equine healthcare market.

Growing Demand for Equine Sports

The equine healthcare market in South America is experiencing a notable surge in demand due to the increasing popularity of equestrian sports. Events such as show jumping, dressage, and polo are gaining traction, leading to a heightened focus on the health and performance of horses. This trend is reflected in the rising expenditure on veterinary services, supplements, and specialized care, which is projected to grow at an annual rate of approximately 8% over the next five years. As more individuals engage in equestrian activities, the need for comprehensive healthcare solutions tailored to athletic horses becomes paramount, thereby driving growth in the equine healthcare market.

Rising Awareness of Animal Welfare

In South America, there is a growing awareness regarding animal welfare, which significantly impacts the equine healthcare market. This heightened consciousness has led to increased advocacy for better living conditions and healthcare for horses. As a result, horse owners are more inclined to invest in preventive care, regular veterinary check-ups, and nutritional support. The market for equine healthcare products and services is expected to expand as owners prioritize the well-being of their animals. This shift in mindset is likely to contribute to a projected growth rate of around 6% in the sector, reflecting a commitment to ethical treatment and care.

Advancements in Diagnostic Technologies

Technological innovations in diagnostic tools are transforming the equine healthcare market in South America. The introduction of advanced imaging techniques, such as MRI and ultrasound, is enabling veterinarians to diagnose conditions more accurately and efficiently. This not only improves treatment outcomes but also enhances the overall quality of care provided to horses. As these technologies become more accessible, the market is likely to witness a growth rate of approximately 7% as horse owners seek out cutting-edge solutions for their animals. The integration of technology into veterinary practices is thus a key driver of change within the equine healthcare market.

Market Segment Insights

By Product: Vaccines (Largest) vs. Diagnostics (Fastest-Growing)

In the product segment of the South America equine healthcare market, vaccines command a significant share, dominating the landscape due to their critical role in preventing infectious diseases in horses. Pharmaceuticals and medicinal feed additives also contribute to the market, catering to various health needs. The diagnostics segment, although smaller, is rapidly gaining traction with innovative solutions that enhance disease detection and management in equine health. Growth trends in the product segment are driven by increasing awareness of equine health and the importance of preventive care. The demand for vaccines is bolstered by rising incidences of equine diseases, while diagnostics are becoming essential for early detection and treatment plans. As equine enthusiasts and professionals prioritize health management, both vaccines and diagnostics are poised for expansion in the foreseeable future.

Vaccines (Dominant) vs. Diagnostics (Emerging)

Vaccines hold a dominant position in the product segment due to their established importance in the equine healthcare regimen, providing essential protection against viral and bacterial infections. The continued education of horse owners about the necessity of vaccination contributes to its market strength. On the other hand, diagnostics represent an emerging area, characterized by advanced technology that allows for accurate disease identification. This segment is gaining momentum as veterinarians increasingly rely on innovative diagnostic tools to provide targeted treatment. The integration of software and services with diagnostics is also enhancing their application, further solidifying their relevance in the competitive landscape.

By Indication: Musculoskeletal Disorders (Largest) vs. Parasite Control (Fastest-Growing)

The market distribution for the Indication segment reveals that Musculoskeletal Disorders currently hold a significant share, dominating the equine healthcare landscape in South America. Following closely are segments like Parasite Control and Internal Medicine, reflecting the diverse health challenges encountered by equine practitioners. Conditions such as Equine Influenza and West Nile Virus, while critical, contribute comparatively lesser to the overall market share. Growth trends in this segment are primarily driven by increasing awareness around equine health and rising incidences of musculoskeletal disorders among horses due to factors such as aging and intensive training regimens. Parasite Control is emerging rapidly due to the need for better management solutions against equine parasites, which are becoming more resilient. Innovative treatment options and improved veterinary practices are expected to further propel growth across these indications.

Musculoskeletal Disorders: Dominant vs. Parasite Control: Emerging

Musculoskeletal Disorders are characterized by a wide range of conditions affecting the bones, joints, and muscles, often seen in competitive and working horses. This segment enjoys dominance due to the high frequency of these disorders, coupled with advancements in treatment options. In contrast, Parasite Control is gaining traction as an emerging segment, driven by the increasing concern over parasite prevalence and resistance to existing treatments. The growing ability of horse owners to invest in preventive care enhances the market position of both segments, with Musculoskeletal Disorders maintaining a stable leading role and Parasite Control showing rapid expansion opportunities.

By Activity: Sports/Racing (Largest) vs. Recreation (Fastest-Growing)

In the equine healthcare market, the 'Activity' segment exhibits a diverse distribution of market shares among its primary categories, with 'Sports/Racing' leading the way. This category captures the highest share due to the significant investment in competitive equine sports, which demands advanced healthcare solutions. In contrast, the 'Recreation' segment, while currently smaller, shows a promising upward trend, appealing to a growing number of casual horse enthusiasts who prioritize animal welfare and healthcare services. The growth trajectory of the 'Activity' segment is influenced by several key factors. The increasing popularity of equestrian sports in South America, driven by successful events and competitions, boosts demand for specialized healthcare products and services. Additionally, the rise in recreational horse ownership further propels this market, with owners seeking improved healthcare options to maintain the health and performance of their horses, thus fostering a vibrant and competitive market environment.

Sports/Racing (Dominant) vs. Recreation (Emerging)

The 'Sports/Racing' segment is recognized as the dominant force in the equine healthcare landscape, fueled by a robust infrastructure supporting competitive activities. This segment encompasses a range of healthcare needs tailored for high-performance horses, including preventive care, injury treatment, and specialized nutrition. On the other hand, the 'Recreation' segment is emerging as a significant player, driven by an increasing number of horse owners who engage in leisure riding and ranch activities. As recreational riders become more knowledgeable about equine health, the demand for healthcare services is expected to rise. Both segments highlight unique characteristics, with 'Sports/Racing' focusing on high-stakes care and 'Recreation' emphasizing general wellbeing and preventive measures.

By Distribution Channel: Veterinary Hospitals & Clinics (Largest) vs. E-commerce (Fastest-Growing)

The distribution channel segment in the South America equine healthcare market showcases a robust market share, with Veterinary Hospitals & Clinics commanding the largest part due to their established trust and extensive reach among horse owners. E-commerce has emerged as a significant component, gaining traction as a preferred channel for purchasing equine healthcare products, particularly among tech-savvy customers looking for convenience. Others, including local distributors, play a smaller yet vital role in ensuring product availability in remote areas. The growth trends within the segment indicate a shift towards digitization, with E-commerce rapidly expanding its footprint as consumers increasingly seek online solutions for equine healthcare needs. This channel's growth is driven by factors such as improved internet access, changing consumer preferences towards online shopping, and the rise of mobile platforms. Meanwhile, Veterinary Hospitals & Clinics maintain their relevance through continuous service enhancement and community engagement initiatives that reinforce their market position.

Veterinary Hospitals & Clinics (Dominant) vs. E-commerce (Emerging)

Veterinary Hospitals & Clinics represent the dominant force in the distribution channel for equine healthcare, offering a comprehensive range of services and products that ensure horse health and well-being. Their established facilities provide trustworthy care, making them the go-to choice for horse owners, especially for diagnostics and treatment. In contrast, E-commerce is positioned as the emerging channel, capturing the attention of a younger demographic that prefers shopping online for medical supplies and educational resources concerning equine health. This channel is characterized by user-friendly interfaces, competitive pricing, and the convenience of home delivery, which cater to the evolving habits of consumers. Both segments are essential to the overall ecosystem of equine healthcare, forming a diverse landscape of distribution options.

Get more detailed insights about South America Equine Healthcare Market

Regional Insights

Brazil : Robust Growth and Demand Trends

Brazil holds a dominant position in the South American equine healthcare market, with a market share of 180.0 and a significant growth trajectory. Key growth drivers include increasing equestrian activities, rising disposable incomes, and a growing awareness of animal health. Regulatory policies are becoming more supportive, with government initiatives aimed at improving veterinary services and infrastructure development in rural areas, enhancing access to healthcare for equines.

Mexico : Increasing Awareness and Investment

Mexico's equine healthcare market is valued at 70.0, reflecting a growing interest in equestrian sports and livestock management. Key growth drivers include rising investments in veterinary care and increasing awareness of equine health issues. Demand trends show a shift towards preventive care and wellness products, supported by government initiatives promoting animal health. Infrastructure improvements are also underway, facilitating better access to veterinary services.

Argentina : Strong Agricultural Ties and Demand

Argentina's equine healthcare market is valued at 90.0, benefiting from its strong agricultural sector and a rich equestrian culture. Key growth drivers include the increasing demand for high-quality veterinary products and services, driven by both recreational and competitive equestrian activities. Regulatory frameworks are evolving to support animal welfare, while local initiatives are enhancing veterinary education and services, contributing to market growth.

Rest of South America : Varied Demand Across Regions

The Rest of South America holds a market value of 49.07, characterized by diverse equine healthcare needs across different countries. Key growth drivers include the rising popularity of equestrian sports and livestock farming. However, regulatory challenges and varying levels of infrastructure development can hinder market growth. Local demand trends vary significantly, with some regions focusing on preventive care while others prioritize treatment solutions.

South America Equine Healthcare Market Regional Image

Key Players and Competitive Insights

The equine healthcare market in South America is characterized by a dynamic competitive landscape, driven by increasing awareness of equine health and rising investments in veterinary services. Key players such as Zoetis (US), Merck Animal Health (US), and Boehringer Ingelheim (DE) are strategically positioned to leverage innovation and regional expansion. These companies focus on developing advanced therapeutics and diagnostics, which not only enhance their product offerings but also contribute to a more competitive environment. The collective emphasis on research and development, alongside strategic partnerships, appears to be shaping the market's trajectory, fostering a climate of continuous improvement and adaptation.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure is moderately fragmented, with several players vying for market share. This fragmentation allows for diverse strategies, as companies tailor their approaches to meet local demands while competing against established brands. The influence of key players is significant, as their operational strategies often set benchmarks for emerging firms in the region.

In October 2025, Zoetis (US) announced the launch of a new line of equine vaccines aimed at enhancing disease prevention in horses. This strategic move is likely to strengthen Zoetis's market position by addressing a critical need for effective vaccination solutions, thereby potentially increasing their market share in the region. The introduction of these vaccines reflects a broader trend towards preventive healthcare in the equine sector, aligning with the growing demand for comprehensive health management solutions.

In September 2025, Merck Animal Health (US) expanded its partnership with local veterinary clinics across South America to enhance service delivery and product accessibility. This initiative is indicative of Merck's commitment to strengthening its presence in the region, as it seeks to build relationships with veterinarians and horse owners alike. By fostering these partnerships, Merck is likely to improve customer loyalty and gain valuable insights into local market needs, which could inform future product development.

In August 2025, Boehringer Ingelheim (DE) launched a digital platform designed to provide veterinarians with real-time data on equine health trends. This innovative approach not only positions Boehringer as a leader in digital transformation but also enhances the decision-making capabilities of veterinary professionals. The integration of technology into healthcare practices is becoming increasingly vital, suggesting that companies that prioritize digital solutions may gain a competitive edge in the evolving market landscape.

As of November 2025, current trends in the equine healthcare market include a pronounced shift towards digitalization, sustainability, and the integration of artificial intelligence in diagnostics and treatment. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it appears that competitive differentiation will increasingly hinge on technological advancements and supply chain reliability, moving away from traditional price-based competition. Companies that can effectively innovate and adapt to these trends are likely to thrive in the evolving market.

Key Companies in the South America Equine Healthcare Market market include

Industry Developments

The South America Equine Healthcare Market has experienced notable developments recently. Companies such as Intervet International and Zoetis have expanded their product portfolios, responding to increasing demand for preventive and curative veterinary healthcare solutions. Moreover, in September 2023, Dechra Pharmaceuticals launched new equine nutritional supplements aimed at enhancing performance and health, which reflects the growing interest in specialized equine care. In terms of acquisitions, in June 2023, Elanco Animal Health announced its acquisition of a smaller regional company to enhance its presence in Brazil, a major player in the equine market.

This strategic move positions Elanco to better address local needs. 

The market is also witnessing a shift toward holistic healthcare approaches, with Alltech emphasizing nutrition in equine management. Over the past two to three years, there has been a significant uptick in investments focused on Research and Development related to veterinary pharmaceuticals, bolstered by government initiatives aimed at improving animal health standards. The increasing integration of advanced technologies in veterinary practices is further driving market growth and innovation, particularly in countries like Argentina and Brazil, known for their robust equestrian culture.

 

Future Outlook

South America Equine Healthcare Market Future Outlook

The equine healthcare market is projected to grow at 0.54% CAGR from 2024 to 2035, driven by advancements in veterinary technology and increasing equine population.

New opportunities lie in:

  • Development of telemedicine platforms for remote consultations
  • Expansion of specialized equine nutrition products
  • Investment in mobile veterinary clinics for rural access

By 2035, the equine healthcare market is expected to maintain steady growth and adapt to emerging trends.

Market Segmentation

South America Equine Healthcare Market Product Outlook

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

South America Equine Healthcare Market Activity Outlook

  • Sports/Racing
  • Recreation
  • Others

South America Equine Healthcare Market Indication Outlook

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

South America Equine Healthcare Market Distribution Channel Outlook

  • Veterinary Hospitals & Clinics
  • E-commerce
  • Others

Report Scope

MARKET SIZE 2024389.07(USD Million)
MARKET SIZE 2025391.17(USD Million)
MARKET SIZE 2035412.85(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)0.54% (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["Zoetis (US)", "Merck Animal Health (US)", "Boehringer Ingelheim (DE)", "Elanco Animal Health (US)", "Vetoquinol (FR)", "Dechra Pharmaceuticals (GB)", "Cegelec (FR)", "Vetmedin (DE)", "Heska Corporation (US)"]
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 South America.
Countries CoveredBrazil, Mexico, Argentina, Rest of South America

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FAQs

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

The South America Equine Healthcare Market is expected to be valued at 259.0 million USD in 2024.

What will be the market size by 2035?

By 2035, the South America Equine Healthcare Market is projected to reach a value of 508.0 million USD.

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

The market is expected to grow at a CAGR of 6.316% during the forecast period from 2025 to 2035.

Which country holds the largest market share in the South America Equine Healthcare Market?

Brazil holds the largest market share, valued at 100.0 million USD in 2024, and is expected to grow to 198.0 million USD by 2035.

What are the major product segments in the South America Equine Healthcare Market?

The major product segments include Vaccines, Diagnostics, Pharmaceuticals, Software & Services, and Medicinal Feed Additives.

What is the market size for Pharmaceuticals in 2024 and 2035?

The Pharmaceuticals segment is valued at 80.0 million USD in 2024 and is expected to reach 150.0 million USD by 2035.

Who are the key players in the South America Equine Healthcare Market?

Key players include Intervet International, Zoetis, Merck Animal Health, and Boehringer Ingelheim.

What is the expected size of the Diagnostics segment in 2024 and 2035?

The Diagnostics segment is expected to be valued at 40.0 million USD in 2024 and grow to 70.0 million USD by 2035.

What opportunities exist in the South America Equine Healthcare Market?

There are significant opportunities driven by advancements in equine health products and an increasing equestrian population across South America.

How is the market expected to perform in Mexico by 2035?

The market in Mexico is projected to reach 98.0 million USD by 2035, increasing from 50.0 million USD in 2024.

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