African Horse Sickness Treatment Market Size Growing Linearly From $7.15 Billion in 2022 to $40.12 Billion by 2030 at a Remarkable CAGR of 16.98%

[220 + Pages Report] According to a market research study published by Zion Market Research, the demand analysis of Global African Horse Sickness Treatment Market size & share revenue was valued at around USD 7.15 billion in 2022 and is estimated to grow about USD 40.12 billion by 2030, at a CAGR of approximately 16.98% between 2023 and 2030. The key market players are listed in the report with their sales, revenues and strategies are Boehringer Ingelheim, Zoetis, Merial, Onderstepoort biological products SOC Ltd, Veterinary Serum & Vaccine Research Institute, and others.


Washington, DC, May 31, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “African Horse Sickness Treatment Market By Type (Clinical Forms And Diagnosis), By Application (Laboratory Tests And Serological Tests), And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2023-2030.” in its research database.

“According to the latest research study, the demand of global African Horse Sickness Treatment Market size & share in terms of revenue was valued at USD 7.15 billion in 2022 and it is expected to surpass around USD 40.12 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 16.98% during the forecast period 2023 to 2030.”

What is African Horse Sickness Treatment? How big is the African Horse Sickness Treatment Industry?

Report Overview:

The African horse sickness virus is the pathogen that causes the devastating disease known as African horse sickness. The majority of cases have been reported in horses, donkeys, and mules. There are nine different serotypes of the virus that are responsible for this condition. The disease does not spread through direct contact but rather through the bites of infected insects.

The illness has the potential to spread throughout the population at an alarming rate. The condition can be treated with the use of an optimum diet plan and consistent deworming procedures. In addition, an effective vaccination programme is essential in order to stop the propagation of African horse illness. The treatment of this virus, however, does not involve the use of any particular medication. As a result, it is strongly recommended to avoid coming into close contact with horses.

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Global African Horse Sickness Treatment Market: Growth Factors

It is predicted that increasing investments in research and development to provide preventative immunisations would drive the expansion of the global market.

Companies are making significant investments in research and development efforts in order to provide preventative recommendations and immunisations regarding the health of the species. These recommendations and immunisations are made by authoritative organisations. This strategic move will help in the discovery of novel pharmaceuticals and therapies for the treatment of AHS; as a result, it is anticipated that it will push the expansion of the market for treatments for African horse sickness.

People's ability to spend money on their passion projects and more opulent pursuits is made possible by the rising average per capita income. As a consequence of this, a significant amount of money is being invested in horses and leisure activities associated to horses in today's society. It is projected that the presence of such a landscape will greatly hasten the growth of the industry throughout the anticipated timeframe.

Another significant factor contributing to the expansion of the market for horse sickness treatments in Africa is the growing number of people on the continent who ride horses. It is anticipated that advancements in infrastructure for both transport and healthcare will have a beneficial impact on the growth trajectory of the global market during the period covered by the forecast.

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Report Scope

Report AttributeDetails
Market Size in 2022USD 7.15 billion
Projected Market Size in 2030USD 40.12 billion
CAGR Growth Rate16.98% CAGR
Base Year2022
Forecast Years2023-2030
Key Market PlayersBoehringer Ingelheim, Zoetis, Merial, Onderstepoort biological products SOC Ltd, Veterinary Serum & Vaccine Research Institute, and others.
Key SegmentBy Type, By Application, and By Region
Major Regions CoveredNorth America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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African Horse Sickness Treatment Market: Segmentation Analysis

The African horse sickness treatment market can be segmented into type, application, and region.

By type, the market can be segmented into clinical forms and diagnosis. The clinical form segment accounts for the largest share of the global market during the forecast period.

Clinical forms refer to treating the clinical symptoms associated with AHS, like NSAIDs, hydration, antipyretics, etc. As there is no treatment for AHS, it is typically treated by managing the arising symptoms. Also, the people are not very aware of the medication. Therefore, they prefer the clinical form of treatment for AHS.

The diagnosis segment is expected to grow significantly during the forecast period due to the growing people's awareness regarding the disease. Also, people nowadays take proper medication at early stages to avoid complications at later stages. The developments in the healthcare sector have made the various healthcare services accessible to almost every individual.

The government has also complemented its efforts by offering favorable reimbursement policies. Therefore, such a landscape is anticipated to propel the growth of the segment in the African horse sickness treatment market.

By applications, the market can be segmented into laboratory tests and serological tests. The laboratory segment swipes the largest share of the global market during the predicted period.

The growth is majorly due to the increase in the laboratories offering African horse sickness testing services. For example, Animal Health Diagnostic Centers deliver a variety of diagnostic services for health problems associated with equine, like digestive disorders, respiratory disease, skin issues, etc. Also, the company offers training to perform tests by delivering step-by-step instructions.

The serological test is expected to grow steadily during the forecast period owing to the growing demand for these tests to confirm the AHS disease. The growing tech developments in the healthcare sector are further strengthening the growth of the segment.

The global African Horse Sickness Treatment market is segmented as follows:

By Type

  • Clinical Forms
  • Diagnosis

By Application

  • Laboratory Tests
  • Serological Tests

Browse the full “African Horse Sickness Treatment Market By Type (Clinical Forms And Diagnosis), By Application (Laboratory Tests And Serological Tests), And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2023-2030"- Report at- https://www.zionmarketresearch.com/report/african-horse-sickness-treatment-market-size

Competitive Landscape

Some of the main competitors dominating the global African Horse Sickness Treatment market include - 

  • Boehringer Ingelheim
  • Zoetis
  • Merial
  • Onderstepoort biological products SOC Ltd
  • Veterinary Serum & Vaccine Research Institute
  • Others.

 Key Insights from Primary Research:

  • According to the analysis shared by our research forecaster, the African Horse Sickness Treatment market is likely to expand at a CAGR of around 16.98% during the forecast period (2023-2030).
  • In terms of revenue, the African Horse Sickness Treatment market size was valued at around US$ 7.15 billion in 2022 and is projected to reach US$ 40.12 billion by 2030.
  • The increasing investments in R&D to offer preventive immunizations are likely to boost the global African horse sickness treatment market size growth.
  • Based on the type, the clinical form segment accounts for the largest share of the global market.
  • Based on the application, the laboratory segment swipes the largest share of the global market.
  • Based on region, North America is expected to dominate the market during the forecast period.

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Key questions answered in this report:

  • What is the market size and growth rate forecast for African Horse Sickness Treatment industry?
  • What are the main driving factors propelling the African Horse Sickness Treatment Market forward?
  • What are the leading companies in the African Horse Sickness Treatment Industry?
  • What segments does the African Horse Sickness Treatment Market cover?
  • How can I receive a free copy of the African Horse Sickness Treatment Market sample report and company profiles?

Key Offerings:

  • Market Size & Forecast by Revenue | 2023−2030
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis By Type, By Application, and By Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis:

North America is expected to dominate the African horse sickness treatment market due to the growing awareness among people regarding the symptoms and treatment of these diseases in the region.

The technological development in the region, particularly in the healthcare sector is anticipated to propel the growth of the regional market significantly during the forecast period. The presence of strong market players in the region is also responsible for the heavy growth rate of the regional market. Also, the market in the region is anticipated to expand vigorously in the forthcoming years due to the latest guidelines and operations.

Asia Pacific is also expected to grow steadily in the forthcoming years due to the fast-growing healthcare sector. Additionally, the increasing number of pharmaceutical companies in the region is another major reason affecting the growth of the region positively. India, South Korea, and Japan are a few of the emerging nations in the region, swiping larger market volumes of the global African horse sickness treatment market.

Europe is also anticipated to see huge growth prospects in the forthcoming years owing to the increasing awareness among people reading about taking proper treatment for AHS. The commercialization of new and innovative drugs is further expected to widen the scope of the regional market in the forthcoming years. The increasing investment by pharmaceutical companies to boost the research and development activities to come up with innovative drugs and grab a competitive edge in the global marketplace.

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Recent Developments

  • Onderstepoort biological products SOC Ltd on December 2, 2022, announced coming up with new vaccines like heartwater, tick-borne gall sickness, Asian redwater, and African redwater vaccines before December 20, 2022.
  • Boehringer Ingelheim got approval for its new vaccine named Cyltezo Pen from the FDA in October 2021. It is expected to be available in the market from July 2023.

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