The Pet Tech industry is a groundbreaking intersection of technology and animal health, fueled by rising pet humanization, digital monitoring of health needs, and integrating smart home trends. Zoetis states that the growth of telemedicine in veterinary medicine is improving access and convenience for pet owners, and wearables for pets are gaining much attention, enabling owners to track health indicators and transfer real-time data to veterinarians

Our in-depth pet technology research includes cutting-edge solutions revolutionizing the delivery of companion animal care. The pet wearable category illustrates outstanding growth, with the smart pet collar industry worth USD 1.9 billion in 2023 and projected to achieve more than 12% CAGR from 2024 to 2032, fueled by growing awareness of pet health and safety. The North American region accounted for the largest share of the pet wearable industry with more than 58% market share in 2023, as pets are being viewed as family members, raising investments in their technological well-being.

Premium device types consist of fitness trackers, allowing pet owners to monitor activity levels, caloric expenditure, and exercise regimens, thus helping in weight control and obesity avoidance. Home automation integration devices in the form of microchip-based pet doors, self-cleaning litter boxes, and automatic feeders are turning into standard household equipment. IoT (Internet of Things) based solutions can provide real-time health monitoring with their associated connected mobile applications. These devices are able to track important health indicators such as heart rate, body temperature, activity, and GPS location.

New technologies also incorporate artificial intelligence developed algorithms to help detect diseases early, provide customized care recommendations, and assist with predictive analysis and health indicators. Building this infrastructure can be supported with funding strategies and regulatory initiatives that promote technological advancements that empower companies to create high-tech pet care solutions that enhance the pet-human relationship through digital communication and automation management systems for care.