The global animal wearables market is projected to grow from USD 7.9 billion in 2026 to USD 24.3 billion by 2031, at a 23.5% CAGR, driven by advanced biosensors and predictive health analytics.

Market Segmentation

1. By Product Type
   • Smart Collars (45% share):
     • PetPace's medical-grade monitoring (98% clinical accuracy)
     • Fi Series 4 with fall detection for senior pets
   • Ear Tags (XX%):
     • Allflex's SenseHub monitors rumination in real-time
   • Implantables (Fastest-growing at 28% CAGR):
     • Virbac's ThyroCRON® microchip delivers medication
2. By Technology
   • Health Monitoring (XX% revenue):
     • Continuous glucose tracking for diabetic pets
   • Location Tracking (XX%):
     • 5G-enabled GPS with <1m accuracy
   • Behavioral Analytics (20%):
     • AI-powered anxiety detection
3. By Animal Type
   • Companion Animals (XX%)
   • Livestock (XX%)

2. Key Growth Drivers

1. Veterinary-Grade Diagnostics

• PetPace's ECG Collar:
  • Detects arrhythmias 48h before clinical signs
• RumiWatch Nosebands:
  • 92% accurate mastitis prediction

2. Insurance & Wellness Programs

• Trupanion's Wearable Discount:
  • 15% premium reduction for enrolled pets
• Farm Productivity Gains:
  • Dairy farms save $280/cow/year with early alerts

3. Connectivity Advances

• LoRaWAN Livestock Networks:
  • 10km range in rural areas
• 5G Pet Trackers:
  • Real-time location in urban canyons

3. Competitive Landscape

4. Future Outlook (2026-2031)

• 2027: FDA-cleared seizure prediction wearables
• 2029: Autonomous health chatbots for pets
• 2031: 45% of pets continuously monitored