Uploaded on Dec 23, 2020
Veterinary wearables are the wireless devices enabled with technology to transfer medical and wellness data of an animal or pet on a real time basis. The ecosystem of wireless technology is created via web enabled hardware devices with the owner’s smart phone, also known as “internet of things” to enable data transmission. Through this IOT system the key health metrics of the wearer are analyzed through analytics software.
Pet Wearable Market Strategies and Forecasts, 2020 to 2026
Pet Wearable Market
Set to Exceed $3.9 Billion By 2027 | CAGR: 11.6%
“Pet Wearable Market Share, Size, Trends, Industry Analysis
Report, By Product (Smart Collars, Activity Trackers, Pet
Emotion Sensors, Smart Vests, Smart Cameras, and Smart
Harnesses), By Technology (GPS, RFID Devices, Bluetooth,
and Sensors); By Application (Identification & Tracking,
Medical Diagnosis & Treatment, Behavior Monitoring &
Control, Safety & Security, and Facilitation), By Regions;
Segment Forecast, 2020 –2027”
Pet Wearable Market Estimate & Forecast to 2027
The global pet wearable market size is expected to reach USD 3.9 billion by 2027 according to a new
report published by Polaris Market Research.
Veterinary wearables are the wireless devices enabled with technology to transfer medical
and wellness data of an animal or pet on a real time basis. The ecosystem of wireless
technology is created via web enabled hardware devices with the owner’s smart phone, also
known as “internet of things” to enable data transmission. Through this IOT system the key
health metrics of the wearer are analyzed through analytics software.
The prominent factors impacting the growth of Pet Wearable include surge in pet population
& concerns regarding livestock health, increasing usage of recent technologies in pet
tracking devices such as internet of things & artificial intelligence, need to contain animal
poaching of endangered animals, and rising spending trends of pet owners, particularly in
high income countries. As per the statistics published by the Association for Pet Obesity
Prevention (APOP), in 2018, there were approximately, 60 and 56 per cent dogs and cats
were obese or doesn’t had sound health metrics.
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Pet Wearable Market Scope
By Product By Technology By Application By Region Report Attributes
Smart Collars GPS Identification & North America Historic year: 2016-2018
Activity Trackers RFID Devices Tracking Europe Base year: 2019
Pet Emotion Sensors Bluetooth Medical Diagnosis & Asia Pacific Forecast Year: 2020-2027
Smart Vests Sensors Treatment Latin America Middle East Revenue ((USD Billion)
Smart Cameras Behavior Monitoring & & Africa
Smart Harnesses Control
Safety & Security
Facilitation
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Pet Wearable Market Estimate & Forecast to 2027
Market participants such as Dindog Tech S.L, SwineTech, Halter, Omnia Technologies, Eureka
Technology, Whistle Labs LLC, Furbo, Vence, Allflex USA Inc., Piavita, Wagr, PetPace, Invoxia, Pawbo
Inc., Avid Identification Systems, Inc., GIBI Technologies, Dog Tracker Nano, Jiobit, Garmin, Petzilla,
Petcube, Datamars Inc., FitBark, Intervet Inc., Invisible Fence, Konectera Inc., Tractive GmbH, Link AKC,
Motorola, Nuzzle, Num’Axes /EYENIMAL, KYON, Scollar, Doctra, Petnet, Trovan Ltd., and Felcana are
some of the key players operating in the global market.
Industry stakeholders in the market are focusing on innovative technologies such as AI and IoT to
become a recognizable player in the already crowded marketplace. For instance, Taiwan based Borqs
Technologies, Inc., engaged in the development of software products in IoT space introduced mobile
based tacking solution “BeSmartTrack” to track and trace pets/animals. With this, the company wants to
establish itself to be global technology provider across the globe.
Moreover, recently, Chinese start-up “Megvii”, is using AI for facial recognition, expanding beyond
humans, and started using it for pets via their unique nose print. App has an accuracy rate of 95 per cent
and has re-united around 15 thousand abandoned pets with their owners in China.
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Pet Wearable Market Size
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Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
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