A Wearable Orthopedic/Orthotic Device for diagnostics and therapy of an equine limb comprises a soft tissue compression material and a sheet of stretchable laminate material for soft tissue compression and bracing. The device includes a stretchable, porous and breathable polyurethane membrane to allow a certain degree of perspiration and heat to escape while retaining a therapeutic amount of heat. The device includes an intelligent textile layer, including fibertronics, organic electronics, other forms of e-textiles and sensors for monitoring parameters associated with tendon and ligament injuries in sub clinical time periods. The device may include an acoustic sensor for detecting the speed and frequency of sound traveling through underlying tissue onto which an acoustic signal is emitted. In a diagnostic monitoring method, parameters associated with the health tissue of the equine limb and body is wirelessly transmitted by the device to an external receiver for analysis.