Companies that provide mobile-based platforms to match pet owners with providers of pet services such as pet boarding, pet sitting, and dog walking. 

Companies that provide digital veterinary platforms to connect pet owners directly with online veterinary services. 

Pet ownership is at an all time high in the United States and the pet care economy is booming.

Pet Care Tech

Overview

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    On-demand pet care tech enhances owner-pet relationships
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    Pets are increasingly considered as irreplaceable family members, especially among millennials who are willing to spend more on improving their pet&rsquo;s health and quality of life. Even if a person is restrained from owning a pet due to various reasons (such as financial, time, and other constraints), on-demand pet care tech can fulfill the desire to have the company of a pet only in their leisure time, all while earning an income. As a result, on-demand pet care services have emerged to digitally connect pet owners to a network of pet care service providers such as 1) mobile-based platforms that connect pet owners with dog walkers, pet boarding, pet sitting, etc., and 2) digital veterinary platforms that provide on-demand video consultation services. 
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The US pet care tech market could reach USD 572 million - USD 1.4 billion by 2026

Market Sizing

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      <p>
        Demand for on-demand pet care, such as dog walking and pet sitting, declined due to lockdowns and social distancing rules
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      <p>
        However, the American Society for the Prevention of Cruelty to Animals reported that 23 million American households adopted a pet during the pandemic
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        Demand for pet services increased in 2022 due to the end of lockdowns and concerns over the Covid-19 pandemic, leading to an increase in overall spending
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COVID19-IMPACT

Market Mapping

<p>The on-demand pet care market comprises pet care service companies and veterinary telehealth services that digitally connect pet owners with pet service providers. Wag and Rover are the leading startups in the on-demand pet care services segment, and the companies do not face competition from established traditional players. Wag also remains a dominant player in the on-demand veterinary telehealth services segment along with WhiskerDocs; however, startups in this segment face competition from a few hospitals and pet retailers. Most companies in the industry are at the seed stage due to the nascent nature of the industry.</p>

The Disruptors

<p>The digital pet care market consists of several disruptors that operate in on-demand pet care services and on-demand veterinary telehealth services, the largest being Wag and Rover. Given the success of these two companies (with more than USD 300 million in funds raised, respectively) many startups have emerged in the market offering various services over the past couple of years. While few companies have remained in the market, many have succeeded by capitalizing on the concept of a gig economy. Apart from a few leading players, funding of other startups has typically been less than USD 50 million, and they have yet to see growth in the on-demand pet care market space. </p>

Disruptor Funding History

The Incumbents

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    The on-demand pet care tech space has yet to attract major interest from established companies
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    The on-demand pet care tech space has yet to see major interest from traditional or established companies. However, in the on-demand veterinary services segment, a few hospitals have entered the market through partnerships with companies providing telemedicine services. Most of these services are, however, provided to existing clients as a premium service. Apart from veterinary hospitals, a pet retailer (PetCo) has also entered the market by acquiring a pet telehealth platform.
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Pet Care Tech

Pet Care Tech

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