According to HTF Market Intelligence, the Global Pet Id Microchips market to witness a CAGR of 4.9% during the forecast period (2024-2030). The Latest Released Pet Id Microchips Market Research assesses the future growth potential of the Pet Id Microchips market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Pet Id Microchips market.
The Major Players Covered in this Report: Datamars, Inc. (Switzerland), PetLink (Datamars, Inc.) (Switzerland), HomeAgain (Merck Animal Health) (United States), Avid Identification Systems, Inc. (United States), Trovan, Ltd. (United Kingdom), Virbac (France), Allflex USA Inc. (United States), PeddyMark Ltd. (United Kingdom), EIDAP Inc. (Canada), BackHome BioTec Ltd. (Germany)
The Pet Id Microchips market size is estimated to increase by USD 180.3 Million at a CAGR of 4.9% from 2024 to 2030. The report includes historic market data from 2024 to 2030. The market value is pegged at USD 440.2 Million.
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Definition:
The Pet ID Microchips Market encompasses the global industry focused on the production, distribution, and sale of microchips specifically designed for identifying pets. These microchips are small electronic devices implanted under the skin of pets, typically dogs and cats, which contain a unique identification number that can be read by a scanner. The market includes microchip manufacturers, providers of implantation services, database management services for pet identification, and regulatory frameworks ensuring pet safety and ownership. This market is driven by the increasing adoption of pets, the need for pet identification and recovery solutions, and growing awareness among pet owners regarding the benefits of microchipping for the safety and traceability of their animals.
Market Trends:
- Development of microchips with additional features, such as temperature monitoring and GPS tracking
- Integration of microchip data with smartphone apps for easier pet management
Market Drivers:
- Rising global pet ownership and increasing awareness of pet safety
- Implementation of mandatory microchipping laws in various regions
Market Opportunities:
- Development of multi-functional chips offering additional pet health and activity monitoring
- Collaborations with animal shelters and rescue organizations to increase microchip adoption
The titled segments and sub-sections of the market are illuminated below:
Global Pet Id Microchips Market Breakdown by Type (125 kHz Microchips, 128 kHz Microchips, 134.2 kHz Microchips) by End User (Veterinary Clinics, Animal Shelters, Pet Stores, Online Retailers) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Major Key Players of the Market: Datamars, Inc. (Switzerland), PetLink (Datamars, Inc.) (Switzerland), HomeAgain (Merck Animal Health) (United States), Avid Identification Systems, Inc. (United States), Trovan, Ltd. (United Kingdom), Virbac (France), Allflex USA Inc. (United States), PeddyMark Ltd. (United Kingdom), EIDAP Inc. (Canada), BackHome BioTec Ltd. (Germany)
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Objectives of the Report:
-To carefully analyse and forecast the size of the Pet Id Microchips market by value and volume.
-To estimate the market shares of major segments of the Pet Id Microchips market.
-To showcase the development of the Pet Id Microchips market in different parts of the world.
-To analyse and study micro-markets in terms of their contributions to the Pet Id Microchips market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Pet Id Microchips market.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Pet Id Microchips market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Who should get most benefit from this report insights?
• Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Carbon Accounting Software
• Marketers and agencies doing their due diligence in selecting a Carbon Accounting Software for large and enterprise level organizations
• Analysts and vendors looking for current intelligence about this dynamic marketplace.
• Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Strategic Points Covered in Table of Content of Global Pet Id Microchips Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Pet Id Microchips market
Chapter 2: Exclusive Summary – the basic information of the Pet Id Microchips Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Pet Id Microchips
Chapter 4: Presenting the Pet Id Microchips Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region
Chapter 6: Evaluating the leading manufacturers of the Pet Id Microchips market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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