Most pet owners are aware of collars that can be used to track the location of dogs and cats. But the growth of the market for wearable devices that provide insights into pet health and well-being cannot be ignored.

With the rapid development of technology, in addition to the use of RFID tags for GPS tracking, a series of sensors are applied to customized pet wearable devices, and this market share is expected to double in the next few years to reach more than 4 billion US dollars.

Transparency Market Research’s report predicts that the market is expected to continue to grow at a compound annual growth rate of 8.5%, driven by the growing concern for health and well-being among pet owners. Owners increasingly want a tool that helps them monitor their pet’s activity levels, sleep patterns, and overall health.

rfid pet tag

And if you are a business that puts pet safety and location information first, then choosing the right animal tag in Newbega may be more suitable.

Table of Contents

Pet Collars Already in Use on the Wearables Market

The devices being advertised include the use of sensors to detect temperature changes and capture an animal’s vital signs. These sensors can then analyze the data collected by the device and alert the user if any issues are detected.

wearables market

The projected growth of the market is seen as a development in the use of microchips to reconnect owners with their pets. According to PetMD, dogs with microchips are returned home 52.2 percent of the time, even when they are 600 to 1,000 miles away from home.

This is more than twice as common as dogs without a microchip (21.9%). Another example of a smart pet collar is the Pet Pace, launched in October. The collar continuously monitors pet health information, detects early symptoms, manages disease, and tracks location. The company then uses artificial intelligence to provide veterinary perspectives that may be overlooked by older, sicker, or at-risk dog owners.

Pet Health Field

This area (pet health) is where the wearables market is expected to drive growth. As pet owners become more knowledgeable about medical conditions, they will increasingly adopt pet wearables to detect medical diagnoses and treatments. Innovation and automation, along with the increasing adoption of IoT technology and advanced sensors, are expected to drive market expansion across regions.

pet health

Social media and online pet communities are also helping to drive market growth. Owners use these networking sites to learn how to customize pet wearables to fit their specific needs. Sharing and discussing the product simultaneously in these communities will lead to increased market awareness and adoption.

North America is the Main Driver of Data Growth

Without a doubt, the largest geographic market will be North America. The United States is expected to experience growth in pet boarding services, which will drive demand for pet wearables. As many veterinarians adopt telehealth technology, data collected by wearable devices can be used for diagnostics, allowing patients to monitor their pet’s health remotely.

In the Asia-Pacific region, India and China are expected to drive demand growth in the coming years. Rising disposable income and awareness about pet care will drive the demand for pet care products. Major providers working to develop low-cost, high-quality pet wearables to attract a larger customer base include Allflex USA Inc, Avid Identification Systems, Inc., Datamars, Fitbark, Garmin Ltd., Intervet Inc., Nuzzle PetPace LLC, Tractive Trovan Ltd and Whistle Labs, Inc.

Conclusion

For pet wearable devices, Newbega can provide a variety of solutions. The cheapest and most effective is to use animal tags or small RFID tags, which can effectively find the location of pets while reducing costs.

dog tags

If you are a provider of animal wearable device solutions, you can get in touch with us. Newbega provides high-quality animal tags and sensors that will be of great help to you in the field of pet health.

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