Home / Medical Devices / Veterinary Wearable Devices Market By Application (Identification & Tracking, Safety & Security, Behaviour Monitoring & Control and Medical Diagnosis & Treatment), By Technology (GPS, RFID and Sensors) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Veterinary Wearable Devices Market By Application (Identification & Tracking, Safety & Security, Behaviour Monitoring & Control and Medical Diagnosis & Treatment), By Technology (GPS, RFID and Sensors) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Jan 2019 | Report Code: 59552-01-19

Industry Outlook

The veterinary wearable devices market is set to reach from US$ 1,325.3 Mn in 2017 to US$ 3,704.6 Mn by 2026 at a compound annual growth rate (CAGR) of 12.1% during the forecast period from 2018 to 2026. It is noteworthy to understand that in the last decade internet of things (IoT) has played a crucial role in gathering and relaying of vital health statistics pertaining to human health. The same technology is being developed with respect to animals which helps veterinarians to gain useful clinical information for real time decision making in critical illness. The major hurdle pertaining to this market is that majority of these wearable devices consume lots of power and has short battery life, hence making it impossible to gain uninterrupted wireless network to track and monitor animal physical and medical activities.

Market Synopsis

Veterinary Wearable Devices Market 

Rampant growth in cattle breeding and burgeoning requirement to maintain animal inventory drive the identification and tracking devices market

Identification and tracking devices are leading the application segment for veterinary wearable devices market. The key factors responsible for its positive growth are rampant growth in cattle breeding and need of the hour to maintain animal inventory. These devices are useful in the creation of virtual boundaries for roaming of farm animals without the fear of being lost or stolen. Medical diagnosis and treatment is set to capture the market in the near future on account of rising prevalence of zoonotic disease and necessity to improve pet life. Veterinary wearable devices are useful in creating calorie goals for animals and monitor vital health parameters by sending mobile alerts if any abnormality is detected in animal health.

Veterinary Wearable Devices Market 

Ability to track animal health parameters and find lost pets drive the RFID technology market

Presently RFID technology is leading the technology segment for veterinary wearable devices market. Farmers are extensively tagging their farm animals with RFID to identify each animal with their medical history and pedigree. Sophisticated technology has built new RFID tags which offer new data and options which helps in tacking animal health parameters and finding lost pets. It is being also used to manage and preserve exotic and endangered animals in wildlife habitats. GPS based devices will register excellent growth during the forecast period owing to its ability to track stolen animal and understand animal travel habits and migratory patterns of wildlife animals. Sensors have garnered tremendous attention in the last decade on account of its ability to detect various infectious disease in animals in real time without any delay.

Veterinary Wearable Devices Market 

Rising awareness of sophisticated technology and increasing pet adoption drive the market growth in North America

In the current scenario North America is dominating the regional segment with 45% market share. The primary features contributing towards its dominance are rising awareness of sophisticated technology among citizens and increasing pet adoption. Existence of major players such as FitBark, Inc., Garmin International, Inc., Whistle Labs, Inc. etc. further fortify market growth in North America region. Europe is the second largest regional market with 30% market share. Rampant growth in animal husbandry and dairy industry has led to increasing demand for ensuring safety & security and medical diagnosis and treatment of livestock. Asia Pacific accounts for a market share of 10% and will register impressive growth during the forecast period on account of huge population base of milch cattle and proactive government initiatives to protect livestock animals by remotely tracking of ruminants. It serves as a potential market for major players to promote business expansion by establishment of subsidiaries and retail outlets.

Veterinary Wearable Devices Market

 

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018-2026 – Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

 

Veterinary Wearable Devices Market

Report Scope by Segments

The market segmentation comprises of by application, technology and geography.

By Application (2016–2026; US$ Mn)

·         Identification & Tracking

·         Safety & Security

·         Behaviour Monitoring & Control

·         Medical Diagnosis & Treatment

By Technology (2016–2026; US$ Mn)

·         GPS

·         RFID

·         Sensors

Geography Segment (2016–2026; US$ Mn)

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Wearable device manufacturers specializing in veterinary health are FitBark, Inc., Garmin International, Inc., Inovotec Animal Care, Lamdagen Corporation, Milkline, PetPace, LLC., Tractive, TekVet Technologies Co., Vital Herd, Inc. and Whistle Labs, Inc.

Key questions answered in this report

  • Which wearable device companies are participating in veterinary health?
  • What are the latest strategic collaboration and acquisition taking place in veterinary wearable devices market?
  • How will the wearable devices monitor and track animal physical and mental well-being?
  • What is the CAGR and market size of identification and tracking application?
  • What is the role of biosensors in animal health?
  • What will be the performance of Asia Pacific region during the forecast period from 2018 to 2026?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Veterinary Wearable Devices Market Portraiture
2.2. Global Veterinary Wearable Devices Market, by Applications, 2017 (US$ Mn)
2.3. Global Veterinary Wearable Devices Market, by Technology, 2017 (US$ Mn)
2.4. Global Veterinary Wearable Devices Market, by Geography, 2017 (US$ Mn)

Chapter 3. Veterinary Wearable Devices Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Veterinary Wearable Devices Market, by Key Players, 2017

Chapter 4. Global Veterinary Wearable Devices Market, by Applications
4.1. Overview
4.2. Identification & Tracking
4.3. Safety & Security
4.4. Behaviour Monitoring & Control
4.5. Medical Diagnosis & Treatment

Chapter 5. Global Veterinary Wearable Devices Market, by Technology
5.1. Overview
5.2. GPS
5.3. RFID
5.4. Sensors

Chapter 6. Global Veterinary Wearable Devices Market, by Geography
6.1. Overview
6.2. North America Veterinary Wearable Devices Market Analysis, 2016 – 2026
6.2.1. North America Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
6.2.2. North America Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
6.2.3. North America Veterinary Wearable Devices Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Veterinary Wearable Devices Market Analysis, 2016 – 2026
6.3.1. Europe Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
6.3.2. Europe Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
6.3.3. Europe Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific Veterinary Wearable Devices Market Analysis, 2016 – 2026
6.4.1. Asia Pacific Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America Veterinary Wearable Devices Market Analysis, 2016 – 2026
6.5.1. Latin America Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
6.5.2. Latin America Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
6.5.3. Latin America Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa Veterinary Wearable Devices Market Analysis, 2016 – 2026
6.6.1. MEA Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
6.6.2. MEA Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
6.6.3. MEA Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. FitBark, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Garmin International, Inc.
7.3. Inovotec Animal Care
7.4. Lamdagen Corporation
7.5. Milkline
7.6. PetPace, LLC.
7.7. Tractive
7.8. TekVet Technologies Co.
7.9. Vital Herd, Inc.
7.10. Whistle Labs, Inc.

FIG. 1 Veterinary Wearable Devices Market: Research Methodology
FIG. 2 Veterinary Wearable Devices: Market Segmentation
FIG. 3 Global Veterinary Wearable Devices Market, by Applications, 2017 (US$ Mn)
FIG. 4 Global Veterinary Wearable Devices Market, by Technology, 2017 (US$ Mn)
FIG. 5 Global Veterinary Wearable Devices Market, by Geography, 2017 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2017
FIG. 7 Competitive Analysis: Global Veterinary Wearable Devices Market, by Key Players, 2017
FIG. 8 Global Identification & Tracking Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 9 Global Safety & Security Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 10 Global Behaviour Monitoring & Control Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 11 Global Medical Diagnosis & Treatment Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 12 Global GPS Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 13 Global RFID Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 14 Global Sensors Market for Veterinary Wearable Devices, 2016 – 2026 (US$ Mn)
FIG. 15 U.S. Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 16 Canada Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 17 U.K. Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 18 Germany Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 19 Rest of Europe Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 20 China Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 21 Japan Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 22 Rest of Asia Pacific Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 23 Brazil Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 24 Mexico Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 25 Rest of Latin America Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 26 GCC Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)
FIG. 27 Rest of MEA Veterinary Wearable Devices Market, 2016 – 2026 (US$ Mn)

TABLE 1 Global Veterinary Wearable Devices Market Portraiture
TABLE 2 Global Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
TABLE 3 Global Veterinary Wearable Devices Market , by Technology, 2016 – 2026 (US$ Mn)
TABLE 4 Global Veterinary Wearable Devices Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
TABLE 6 North America Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
TABLE 7 North America Veterinary Wearable Devices Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
TABLE 9 Europe Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East and Africa Veterinary Wearable Devices Market, by Applications, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East and Africa Veterinary Wearable Devices Market, by Technology, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa Veterinary Wearable Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 20 FitBark, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Garmin International, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Inovotec Animal Care: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Lamdagen Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Milkline: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 PetPace, LLC.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Tractive: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 TekVet Technologies Co.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Vital Herd, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Whistle Labs, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

Choose License Type
Connect With Us
+1-800-361-8290
24/7 Research Support

Credence Webinars

Join Credence analysts to explore the latest IT Trends

view upcoming webinars

Our Clients