[BOSTON, USA – May 13th 2025] According to a new 310-page ClearView Market Insights report, the animal wearables industry is achieving clarity. The market will grow at a 23.5% CAGR to $24.3 billion by 2031, becoming standard veterinary equipment.
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Key Industry Shifts
- Preventive Healthcare
- PetPace's AI Alerts:
- Detect 86% of illnesses before symptoms.
- Virbac's Implantable:
- Auto-adjusts thyroid medication
- Economic Impacts
- Dairy Farm Savings:
- Wearables prevent $280/cow/year in losses
- Pet Insurance:
- Trupanion offers 15% discounts
- Technology Convergence
- 5G Tracking:
- <1m accuracy in cities
- Blockchain Health Records:
- Lifetime data follows pets
Executive Insights
- Dr. Asaf Dagan, PetPace:
*"Our collar provides ICU-level monitoring 24/7."* - Ruan Erasmus, Allflex:
"Farmers now detect illness before the cow knows it's sick."
Future Projections
- 2027: FDA-cleared seizure prediction
- 2029: Autonomous pet health chatbots
- 2031: 45% of pets continuously monitored
For more insights, visit https://clearviewmarketinsights.com/report-store
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
