U.S. Pet Wearable Market Sustainable Growth Opportunities and Forecasts 2030
U.S. Pet Wearable Industry Overview The U.S. pet wearable market size was valued at USD 695.5 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.9% from 2022 to 2030. The rising concern regarding pet safety and well-being is one of the prime factors contributing to market growth. Further, rising disposable income and increasing demand for advanced features in pet wearables for monitoring pets’ health are expected to drive the adoption of pet wearables in the U.S. Additionally, the U.S. has witnessed a growing trend in pet adoption in the past few years, which is expected to continue, which bodes well for market growth. Pet wearables offer advanced features such as controlling, tracking, monitoring, treatment, medical diagnosis, security, and safety; facilitating the well-being of pets. Several veterinary professionals in the U.S. rely on technologies such as telehealth. This helps them remotely observe their patient’s health while also...