The Global Veterinary Wearable Devices Market Is Expected To Grow At A CAGR Of 12.1% From 2022 To 2030.

Global Veterinary Wearable Devices Market Overview:

Sophisticated technologies such as RFID and GPS devices connect smartphones to help veterinarians, farmers and wildlife authorities make animal health decisions. Wearable devices are embedded directly into animals to tag them by attaching to collars, attaching to harnesses, or to monitor and track their social activities. Animal surveillance is of paramount importance because it is an integral part of the biosphere and has a direct and consequential impact on human life.

Identification and tracking is driving the application segment of the veterinary wearable device market. Significant growth in cattle breeding and breeding and the need for time to maintain cattle inventory drives the identification and tracking application market growth. They are used to track lost and stolen animals. Medical diagnosis and treatment applications will register impressive growth in the near future, owing to the increasing prevalence of zoonotic diseases and burgeoning requirements to improve the lives of pets. The wearable device sets a caloric target for the animal and sends mobile alerts when an abnormality is detected in the animal's health.

RFID currently dominates the technology segment of the veterinary wearable device market. The main characteristic responsible for its dominance is the popularity among farmers of tagging farm animals to identify them according to their medical history and pedigree. It is used extensively by forestry and wildlife authorities to manage and conserve endangered and exotic animal species in wildlife sanctuaries and habitats. GPS devices have gained immense appeal due to their ability to create virtual boundaries for livestock roaming and to understand the migration habits and migration patterns of wildlife. Biosensors are being developed and embedded in animals to monitor important health statistics to perform diagnosis and early treatment of diseased animals.

Veterinary Wearable Devices market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Veterinary Wearable Devices market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Veterinary Wearable Devices Market Research:

Market Key Players:
Garmin International, Inc., FitBark, Inc, Inovotec Animal Care, Milkline, Lamdagen Corporation, PetPace,, And Others.

By Type:

• RFID
• GPS
• Sensors
• Other

By Application:

• Identification & Tracking
• Safety & Security
• Behaviour Monitoring & Control
• Medical Diagnosis & Treatment
• Other

By Region:

Globally, North America is estimated to hold the largest value share in Pie. In the United States, 68% of households now have at least one pet. The market is expected to remain strong throughout the forecast period as consumers lean towards sophisticated pet care devices. This has led to higher adoption rates of veterinary wearable devices to understand and treat pets to ensure quicker rehabilitation and better lifestyles.

However, Asia Pacific is expected to register the highest CAGR during the forecast period. Countries such as China and India are the largest producers and exporters of raw and processed meat and poultry products. This makes international safety certification a necessity and livestock farmers are adopting veterinary wearable devices to keep up with the standard.

The Asia Pacific veterinary device market is expected to receive a boost from millennials as the pet adoption trend gains momentum.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Veterinary Wearable Devices Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 12.1% from 2022 to 2030.
By Type	RFID, GPS, Sensors
By Application	Identification & Tracking, Safety & Security, Behaviour Monitoring & Control, Medical Diagnosis & Treatment
By Companies	Garmin International, Inc., FitBark, Inc, Inovotec Animal Care, Milkline, Lamdagen Corporation, PetPace,
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Crucial Points from this Veterinary Wearable Devices Market Report

• Estimate Veterinary Wearable Devices market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Veterinary Wearable Devices market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Veterinary Wearable Devices market?

The Veterinary Wearable Devices Market is growing at a CAGR of 12.1% During Forecast Period.

 What are the key types of Veterinary Wearable Devices market?

RFID, GPS, Sensors

What are the key applications of Veterinary Wearable Devices market?

Identification & Tracking, Safety & Security, Behaviour Monitoring & Control, Medical Diagnosis & Treatment 

Who are the key players in Veterinary Wearable Devices market?

Garmin International, Inc., FitBark, Inc, Inovotec Animal Care, Milkline, Lamdagen Corporation, PetPace, and others.