Global Pet Wearable Market Size & Share to 2027
Global Pet Wearable Market Size, Trends & Growth Opportunity, By Product Type (Smart Collar, Smart Camera, Smart Harness and West, and others), by Technology (RFID, GPS, and Sensors), By Animal Type (Dogs, Cats, and Others), By Application (Identification & Tracking, Monitoring and Control, Medical Diagnosis & Treatment, and Others), By Region and Forecast till 2027
Global Pet Wearable Market
Pet wearables are devices which can be worn on the pet’s body to serve various purposes like tracking, identification, monitoring, controlling, medical diagnosis, treatment, safety and security. Increase in disposable income in emerging countries like India and China will drive the market growth in near future.
Market Drivers
Rise in awareness for pet health and safety across the globe is key driving factor which is expected to boost the global pet wearable market growth. Furthermore, increase in demand for GPS integrated pet wearable devices will positively contribute the market growth. Also, integration of IoT in pet wearable devices will have significant impact on medical treatments and diagnosis of medical problems of pets. For instance, in January 2020, Whistle Labs had launched new innovative pet wearable tool known as Whistle Fit. It is preventive healthcare tool and utilizes its wellness program for dogs. It serves customers with a simple and fully personalized experience to manage pet care through monitoring of pets health behavior, food intake, management, and activity. These devices help pet owners to track daily activities of pet animals. They can enable statistical tracking like rest patterns, calories burnt, with heart rate monitoring.
Market Restraints
However, lack of public awareness is the major restraining factor which is expected to hinder the global pet wearable market growth. Also, power consumption and short battery life of devices will affect the global pet wearable market growth.
Market Segmentation
Global Pet Wearable Market is segmented into product type such as Smart Collar, Smart Camera, Smart Harness and West, and others, by technology such as RFID, GPS, and Sensors, by animal type such as Dogs, Cats, and Others. Further, market is segmented into application such as Identification & Tracking, Monitoring and Control, Medical Diagnosis & Treatment, and Others.
Also, Global Pet Wearable Market is segmented into is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Allflex USA Inc., Avid Identification Systems, Inc., Datamars, Fitbark, Whistle Labs, Garmin Ltd., Intervet Inc., Invisible Fence, Konectera Inc., Nuzzle, PetPace LLC, and Trovan Ltd.
Market Taxonomy
By Product Type
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