Adroit Market Research - Industry Insights

The adoption of wearable technologies and biosensors is becoming significant factors for animal health management. However, if these devices used correctly and built precisely, they can provide better services for animal health management. Such wearable devices are specifically useful for poultry farms and dairy cattle. Due to the improved performance of wearable sensors and technologies, they can make a huge growth in the animal health market. On the other hand, wearable technologies are now being customized to fulfill the requirements of livestock, pets, and animals. In addition, products like tracking collars, electronic saddle optimization, and medication patches are being adopted at

The adoption of wearable technologies and biosensors is becoming significant factors for animal health management. However, if these devices used correctly and built precisely, they can provide better services for animal health management. Such wearable devices are specifically useful for poultry farms and dairy cattle. Due to the improved performance of wearable sensors and technologies, they can make a huge growth in the animal health market. On the other hand, wearable technologies are now being customized to fulfill the requirements of livestock, pets, and animals. In addition, products like tracking collars, electronic saddle optimization, and medication patches are being adopted at higher rates as well as harnessed for better health of animals. Wearable technologies are efficient and multifunctional, which allows animal owners to do several things in less time. According to the research, the growth of the global animal health market will reach around USD 0.91 BL to USD 2.6 BL in the coming years. In addition to this, wearable technologies and sensors can be embedded on animals to detect their health-related issues such as body temperature, sweat constituents, observe body movement and behavior, analyze sound, detect stress, and detect the presence of pathogens and viruses. Veterinary wearable sensors aid farmers to detect animal diseases in the early stage, and thereby they can prevent animal deaths.

The ability to accurately, reliably, and quickly detect the absence or presence of biomarkers as well as specific chemicals can be responsible for the animals’ death. On the other hand, the demand for real-time disease detecting devices and sensors is growing rapidly.  However, microelectronics and bionanotechnology made it possible to generate transistors with 100 nm or small than that and to integrate the huge number of functional circuits with the small chip. The huge development in nanofabrication has also delivered several technologies. 

•          Biosensors

The numbers of methods are being used to detect the antibiotics level in the animal body to evade several health hazards. In addition, biosensors are one of the most common methods. The configuration and mechanism of biosensors are very easy and simple to understand, and it also offers accurate, fast detection of antibiotics. However, biosensors work on the basis of a transducing device and recognition elements. However, the recognition element works with the affinity-pairing such as antigen/antibody and substrate/enzyme receptors. The transducer detects the contact between these pairs by generating several detectable electrical signals.

•          Networking Remote Sensors

The ranges of animal species replicate the heterogeneity and richness of wireless technologies which are used for animal health tracking. Most importantly, in the animal tracking domain, the number of types of hybrid wireless networks is reviewed. The integration of camera and video-based wireless sensing networks offers improved capacity as well as bandwidth management. 

•          Data Processing and Cloud-Based Applications

The adoption of remote sensors which requires remote access as well as network connectivity has been extremely efficient in supporting the conversation of habitats, species, ecosystems, and communities. There are embedded GPS systems to track and monitor lost pets. The adoption of remote sensing technologies in the farm setting is currently emphasized on offering farm operators with crop scouting capabilities, crop care information, and precision maps, and more. In addition to this, the research on representing and managing the huge amount of data, comprising the pictures and videos, and the animal sound produced by wearable and non-wearable sensors is in infancy.

Application & Tracking devices are leading the application segment for the global veterinary wearable market. The huge growth in cattle breeding and need to maintain an inventory of animal are some of the major factors responsible for the growth of this market. However, these devices useful in making virtual boundaries for farm animals. On the other hand, veterinary wearables are useful in making calorie goals for animals and track the significant health parameters of the animal by sending mobile alerts. 

According to the research, North America is one of the leading regions dominating the largest share of 45% across the world. Increasing awareness of sophisticated technologies and rising pet adoption are some of the factors contributing to the growth of the region.

Major Trends in the Veterinary Wearable Market which should be followed to gain market position includes:

•          Employ Big Data in Veterinary Care

The numbers of veterinary care providers are implementing big data technology to provide better treatment for animals, livestock, and pets. However, this technology used to assess as well as diagnosed potential diseases. In addition, big data technology allows veterinarians to recognize animal disease.

•          Invest in various wearable technologies to track animal health

Pet Owners and veterinary care service providers are highly using an animal wearable to track and monitor animal health. Wearables can help to capture heart rate, body temperature, pH levels, respiration rate, and other significant health parameters and transfer the data to owners, farmers, as well as veterinarians. By monitoring the significant parameters of animal health though wearables, the number of stakeholders can treat and diagnose disease more accurately and quickly.

•          Start providing premium services to raise revenues

Nowadays, huge numbers of pets are considered family members. The increasing attraction with pets and growing humanization are some factors contributing to the growth of the veterinary wearable market. In addition to this, veterinary care vendors should consider offering improved services to animal owners to increase overall margins and revenues. Premium veterinary services may comprise prescription medications and high-tech medical therapies.

•          Provide Stem Cells Therapy for better treatment of animals’ health

Stem cell therapy is one of the widely used veterinary services to treat orthopedic conditions such as ligament injuries, tendon, and osteoarthritis. In addition, stem cell therapy separates adult stem cells from fat tissues of animals and reintroduces such cells to decrease inflammation and pain and helps to restore motion and also helps to regenerate ligament, joint tissues, and tendon.

Conclusion

This whitepaper systematically represents the overview of smart technologies which are used in a veterinary wearable. A smart system has computing and sensing capabilities which are integrated not only with several computing systems but also several networking technologies which can process, collect, and assess data related to animal health.