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Veterinary wearable devices are wireless technology enabled hardware and software devices which transmits medical data or relevant data to the wellness of an animal or pet. Bluetooth, NFC, GPS, Gyroscope enabled hardware create the device itself. These wireless technologies aid connect with the smartphone and other web-enabled devices generating a wearable ecosystem. This ecosystem sometimes known as the “internet of things” or “internet of everything” allows the transmission of data, which is beneficial to the wearer or end user because of the analytics that can be generated via the wearable.
The mounting interest in animal safety and well-being and constant developments in portal mapping with smart device infiltration is anticipated to boost the GPS-permitted veterinary wearable devices market. Wearable technology is altering the lives of both animals and their owners. The use of mobile applications and wearable technology, from GPS tracking devices to RFID implants, in the veterinary industry provides innovative security and security alternatives for owners and their animals.
The study analyses Global Veterinary Wearable Devices market based on application, technology and geography. The market finds application in Identification & Tracking, Safety & Security, Behavior Monitoring & Control and Medical Diagnosis & Treatment. GPS, RFID, Sensors are some of the major technologies used for veterinary wearable devices market. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
The market finds application in Identification & Tracking, Safety & Security, Behavior Monitoring & Control and Medical Diagnosis & Treatment. Animal identification refers to keeping track on individual farm animals or groups of farm animals so that they can be easily tracked from their birth through the marketing chain.
At a minimum, information is collected and stored regarding the animal's place and date of birth, the name and address of the owner, the date and location of movements between the animal's origin and its place of slaughter, and the date and location of slaughter. More elaborate animal ID systems include information on the sex, breed, and parentage of an animal, the names of all feeds and pharmaceuticals used in raising the animal, and the movement of specific animal products from the processing plant to the retail consumer. Thus, identification and tracking segment is likely to dominate the market.
GPS, RFID, Sensors are some of the major technologies used for veterinary wearable devices market. In addition, IoT technology is anticipated to play a vital role in transmitting crucial information about animal health metrics to owners and veterinarians. Over the coming years, the amalgamation of mobile applications, data analytics technology, and wearable devices can be a suitable choice for value-based care. The players operating in the market are also offering cloud-based data analytics services along with wearable devices. Data analytics provide clinical information gathered with the help of real-time direct observation, and can be used to aid veterinarians to efficiently diagnose health problems and treat animals.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America was the leading market for the Veterinary Wearable Devices owing to the fast adoption of technological advancement and high penetration of activity and fitness monitoring devices for pets together with rising awareness of pet health.
However, Asia Pacific is anticipated to be the fastest growing region lead by China, India, Japan, and South Korea and are likely to contribute significantly during the forecast period. Factors such as increasing awareness related to pet fitness and health and rise in the adoption of companion animals in emerging economies such as India and Australia are expected to drive the regional market growth.
The major players involved in this market are Fitbark, Inc., Garmin Intetnational, Inc., Inovotec Animal Care, Lamdagen Corporation, Milkline, PetPace, LLC, Tractice, TekVet Technologies Co., Vital Herd, Inc., Whistle Labs, Inc. and among others.
The study analyses Global Veterinary Wearable Devices market based on application, technology and geography. The market finds application in Identification & Tracking, Safety & Security, Behavior Monitoring & Control and Medical Diagnosis & Treatment. GPS, RFID, Sensors are some of the major technologies used for veterinary wearable devices market. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
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