Europe Pet Wearable Market Size, Share & Industry Trends Analysis Report By Application, By Technology, By Country and Growth Forecast, 2022 - 2028

The Europe Pet Wearable Market is expected to witness market growth of 13.5% CAGR during the forecast period (2022-2028).

The general isolation of society has spurred pet adoption, and so has a rapid breakdown of social support structures. Pets' social status has shifted as a result of their role in social life. People have begun to regard pets as family members, which has resulted in a significant increase in pet healthcare expenditure by pet owners. Moreover, for the qualitative study of pet health, additional tracking of temperature, heartbeat, and other miscellaneous data is being developed. Humane training collars are being created from some of the recently used pet wearables to prevent barking or for training objectives. In certain nations, the use of harsh techniques to outlaw pet wearables are being considered.

The general isolation of society has spurred pet adoption, and so has a rapid breakdown of social support structures. Pets' social status has shifted as a result of their role in social life. People have begun to regard pets as family members, which has resulted in a significant increase in pet healthcare expenditure by pet owners. Moreover, for the qualitative study of pet health, additional tracking of temperature, heartbeat, and other miscellaneous data is being developed. Humane training collars are being created from some of the recently used pet wearables to prevent barking or for training objectives. In certain nations, the use of harsh techniques to outlaw pet wearables are being considered.

There are several factors that are increasing the adoption of pet wearables in this region. Shock collars along with noxious gas sprayers are examples of inhumane pet devices that have recently been banned in the United Kingdom. Noise calibrators and vibration modules are two novel mechanisms being developed for pet wearables. Due to humanization trends, high spending on sustainable and safer pet animal devices enhances the European market's growth rate. Furthermore, European pet owners demand detailed information about the components and features of the pet wearable that they are using.

Moreover, pet parents in the United Kingdom prefer to purchase high-quality and premium products for their pets, contributing to the higher adoption of pet wearables. The region is home to developed countries like France, the United Kingdom, and others, with high spending populations. As a result, these customers are more inclined toward offering an enhanced experience to their pets. Therefore, the increasing pet adoption along with the demand for advanced and best-in-class pet products are driving the growth of the regional pet wearable market.

The Germany market dominated the Europe Sensors Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $84.8 Million by 2028. The UK market is poised to grow at a CAGR of 13% during (2022 - 2028). Additionally, The France market is expected to showcase a CAGR of 14.9% during (2022 - 2028).

Based on Application, the market is segmented into Identification & Tracking, Behavior Monitoring & Control, Facilitation, Safety & Security, and Medical Diagnosis & Treatment. Based on Technology, the market is segmented into RFID, GPS, and Sensors. The report also covers geographical segmentation of Pet Wearable market. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allflex Group (MSD Animal Health), Garmin Ltd., Avid Identification Systems Inc., Datamars SA, FitBark, Inc., Radio Systems Corporation, Trovan, Ltd., PetPace LLC, Mars, Inc., and Tractive.

Scope of the Study

Market Segments Covered in the Report:

By Application

• Identification & Tracking
• Behavior Monitoring & Control
• Facilitation, Safety & Security
• Medical Diagnosis & Treatment

By Technology

• RFID
• GPS
• Sensors

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Allflex Group (MSD Animal Health)
• Garmin Ltd.
• Avid Identification Systems Inc.
• Datamars SA
• FitBark, Inc.
• Radio Systems Corporation
• Trovan, Ltd.
• PetPace LLC
• Mars, Inc.
• Tractive

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