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Global Pet Identification Microchip Market Research Report 2025
Synopsis
Pet microchips are not tracking devices. They are radio-frequency identification (RFID) implants that provide permanent ID for your pet. Because they use RFID technology, microchips do not require a power source like a GPS.
Global Pet Identification Microchip market is projected to reach US$ 178.2 million in 2029, increasing from US$ 89 million in 2022, with the CAGR of 10.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Pet Identification Microchip market research.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Pet Identification Microchip market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Pethealth
HomeAgain (Merck)
Bayer
Allflex Group
Microchip Identification Systems
AKC Reunite
Trovan
Datamars Pet ID
PETtrac
Virbac
Nanochip ID Inc
Avid Identification Systems
Animalcare
Microchip4Solutions
PeddyMark
Furreka
EIDAP
Cybortra Technology
PetKey
PetLink
Peeva
AVID
Segment by Type
125 kHz Microchip
128 kHz Microchip
134.2 kHz Microchip
Segment by Application
Animal Shelters
Pet Hospital
Pet Store
Home
Other
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Pet Identification Microchip report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Country Level Sales Analysis
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6: Manufacturers’ Outline
Chapter 7: Industry Chain, Market Channel and Customer Analysis
Chapter 8: Market Opportunities and Challenges
Chapter 9: Market Conclusions
Chapter 10: Research Methodology and Data Source
Pet microchips are not tracking devices. They are radio-frequency identification (RFID) implants that provide permanent ID for your pet. Because they use RFID technology, microchips do not require a power source like a GPS.
Global Pet Identification Microchip market is projected to reach US$ 178.2 million in 2029, increasing from US$ 89 million in 2022, with the CAGR of 10.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Pet Identification Microchip market research.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Pet Identification Microchip market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Pethealth
HomeAgain (Merck)
Bayer
Allflex Group
Microchip Identification Systems
AKC Reunite
Trovan
Datamars Pet ID
PETtrac
Virbac
Nanochip ID Inc
Avid Identification Systems
Animalcare
Microchip4Solutions
PeddyMark
Furreka
EIDAP
Cybortra Technology
PetKey
PetLink
Peeva
AVID
Segment by Type
125 kHz Microchip
128 kHz Microchip
134.2 kHz Microchip
Segment by Application
Animal Shelters
Pet Hospital
Pet Store
Home
Other
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Pet Identification Microchip report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Country Level Sales Analysis
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6: Manufacturers’ Outline
Chapter 7: Industry Chain, Market Channel and Customer Analysis
Chapter 8: Market Opportunities and Challenges
Chapter 9: Market Conclusions
Chapter 10: Research Methodology and Data Source
Index1 Pet Identification Microchip Market Overview
1.1 Product Overview and Scope of Pet Identification Microchip
1.2 Pet Identification Microchip Segment by Type
1.2.1 Global Pet Identification Microchip Market Value Comparison by Type (2023-2029)
1.2.2 125 kHz Microchip
1.2.3 128 kHz Microchip
1.2.4 134.2 kHz Microchip
1.3 Pet Identification Microchip Segment by Application
1.3.1 Global Pet Identification Microchip Market Value by Application: (2023-2029)
1.3.2 Animal Shelters
1.3.3 Pet Hospital
1.3.4 Pet Store
1.3.5 Home
1.3.6 Other
1.4 Global Pet Identification Microchip Market Size Estimates and Forecasts
1.4.1 Global Pet Identification Microchip Revenue 2018-2029
1.4.2 Global Pet Identification Microchip Sales 2018-2029
1.4.3 Global Pet Identification Microchip Market Average Price (2018-2029)
1.5 Assumptions and Limitations
2 Pet Identification Microchip Market Competition by Manufacturers
2.1 Global Pet Identification Microchip Sales Market Share by Manufacturers (2018-2023)
2.2 Global Pet Identification Microchip Revenue Market Share by Manufacturers (2018-2023)
2.3 Global Pet Identification Microchip Average Price by Manufacturers (2018-2023)
2.4 Global Pet Identification Microchip Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Pet Identification Microchip, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Pet Identification Microchip, Product Type & Application
2.7 Pet Identification Microchip Market Competitive Situation and Trends
2.7.1 Pet Identification Microchip Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Pet Identification Microchip Players Market Share by Revenue
2.7.3 Global Pet Identification Microchip Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Pet Identification Microchip Retrospective Market Scenario by Region
3.1 Global Pet Identification Microchip Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Pet Identification Microchip Global Pet Identification Microchip Sales by Region: 2018-2029
3.2.1 Global Pet Identification Microchip Sales by Region: 2018-2023
3.2.2 Global Pet Identification Microchip Sales by Region: 2024-2029
3.3 Global Pet Identification Microchip Global Pet Identification Microchip Revenue by Region: 2018-2029
3.3.1 Global Pet Identification Microchip Revenue by Region: 2018-2023
3.3.2 Global Pet Identification Microchip Revenue by Region: 2024-2029
3.4 North America Pet Identification Microchip Market Facts & Figures by Country
3.4.1 North America Pet Identification Microchip Market Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America Pet Identification Microchip Sales by Country (2018-2029)
3.4.3 North America Pet Identification Microchip Revenue by Country (2018-2029)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Pet Identification Microchip Market Facts & Figures by Country
3.5.1 Europe Pet Identification Microchip Market Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe Pet Identification Microchip Sales by Country (2018-2029)
3.5.3 Europe Pet Identification Microchip Revenue by Country (2018-2029)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Pet Identification Microchip Market Facts & Figures by Country
3.6.1 Asia Pacific Pet Identification Microchip Market Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific Pet Identification Microchip Sales by Country (2018-2029)
3.6.3 Asia Pacific Pet Identification Microchip Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Pet Identification Microchip Market Facts & Figures by Country
3.7.1 Latin America Pet Identification Microchip Market Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America Pet Identification Microchip Sales by Country (2018-2029)
3.7.3 Latin America Pet Identification Microchip Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Pet Identification Microchip Market Facts & Figures by Country
3.8.1 Middle East and Africa Pet Identification Microchip Market Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa Pet Identification Microchip Sales by Country (2018-2029)
3.8.3 Middle East and Africa Pet Identification Microchip Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Pet Identification Microchip Sales by Type (2018-2029)
4.1.1 Global Pet Identification Microchip Sales by Type (2018-2023)
4.1.2 Global Pet Identification Microchip Sales by Type (2024-2029)
4.1.3 Global Pet Identification Microchip Sales Market Share by Type (2018-2029)
4.2 Global Pet Identification Microchip Revenue by Type (2018-2029)
4.2.1 Global Pet Identification Microchip Revenue by Type (2018-2023)
4.2.2 Global Pet Identification Microchip Revenue by Type (2024-2029)
4.2.3 Global Pet Identification Microchip Revenue Market Share by Type (2018-2029)
4.3 Global Pet Identification Microchip Price by Type (2018-2029)
5 Segment by Application
5.1 Global Pet Identification Microchip Sales by Application (2018-2029)
5.1.1 Global Pet Identification Microchip Sales by Application (2018-2023)
5.1.2 Global Pet Identification Microchip Sales by Application (2024-2029)
5.1.3 Global Pet Identification Microchip Sales Market Share by Application (2018-2029)
5.2 Global Pet Identification Microchip Revenue by Application (2018-2029)
5.2.1 Global Pet Identification Microchip Revenue by Application (2018-2023)
5.2.2 Global Pet Identification Microchip Revenue by Application (2024-2029)
5.2.3 Global Pet Identification Microchip Revenue Market Share by Application (2018-2029)
5.3 Global Pet Identification Microchip Price by Application (2018-2029)
6 Key Companies Profiled
6.1 Pethealth
6.1.1 Pethealth Corporation Information
6.1.2 Pethealth Description and Business Overview
6.1.3 Pethealth Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.1.4 Pethealth Pet Identification Microchip Product Portfolio
6.1.5 Pethealth Recent Developments/Updates
6.2 HomeAgain (Merck)
6.2.1 HomeAgain (Merck) Corporation Information
6.2.2 HomeAgain (Merck) Description and Business Overview
6.2.3 HomeAgain (Merck) Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.2.4 HomeAgain (Merck) Pet Identification Microchip Product Portfolio
6.2.5 HomeAgain (Merck) Recent Developments/Updates
6.3 Bayer
6.3.1 Bayer Corporation Information
6.3.2 Bayer Description and Business Overview
6.3.3 Bayer Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.3.4 Bayer Pet Identification Microchip Product Portfolio
6.3.5 Bayer Recent Developments/Updates
6.4 Allflex Group
6.4.1 Allflex Group Corporation Information
6.4.2 Allflex Group Description and Business Overview
6.4.3 Allflex Group Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Allflex Group Pet Identification Microchip Product Portfolio
6.4.5 Allflex Group Recent Developments/Updates
6.5 Microchip Identification Systems
6.5.1 Microchip Identification Systems Corporation Information
6.5.2 Microchip Identification Systems Description and Business Overview
6.5.3 Microchip Identification Systems Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.5.4 Microchip Identification Systems Pet Identification Microchip Product Portfolio
6.5.5 Microchip Identification Systems Recent Developments/Updates
6.6 AKC Reunite
6.6.1 AKC Reunite Corporation Information
6.6.2 AKC Reunite Description and Business Overview
6.6.3 AKC Reunite Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.6.4 AKC Reunite Pet Identification Microchip Product Portfolio
6.6.5 AKC Reunite Recent Developments/Updates
6.7 Trovan
6.6.1 Trovan Corporation Information
6.6.2 Trovan Description and Business Overview
6.6.3 Trovan Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Trovan Pet Identification Microchip Product Portfolio
6.7.5 Trovan Recent Developments/Updates
6.8 Datamars Pet ID
6.8.1 Datamars Pet ID Corporation Information
6.8.2 Datamars Pet ID Description and Business Overview
6.8.3 Datamars Pet ID Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.8.4 Datamars Pet ID Pet Identification Microchip Product Portfolio
6.8.5 Datamars Pet ID Recent Developments/Updates
6.9 PETtrac
6.9.1 PETtrac Corporation Information
6.9.2 PETtrac Description and Business Overview
6.9.3 PETtrac Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.9.4 PETtrac Pet Identification Microchip Product Portfolio
6.9.5 PETtrac Recent Developments/Updates
6.10 Virbac
6.10.1 Virbac Corporation Information
6.10.2 Virbac Description and Business Overview
6.10.3 Virbac Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.10.4 Virbac Pet Identification Microchip Product Portfolio
6.10.5 Virbac Recent Developments/Updates
6.11 Nanochip ID Inc
6.11.1 Nanochip ID Inc Corporation Information
6.11.2 Nanochip ID Inc Pet Identification Microchip Description and Business Overview
6.11.3 Nanochip ID Inc Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.11.4 Nanochip ID Inc Pet Identification Microchip Product Portfolio
6.11.5 Nanochip ID Inc Recent Developments/Updates
6.12 Avid Identification Systems
6.12.1 Avid Identification Systems Corporation Information
6.12.2 Avid Identification Systems Pet Identification Microchip Description and Business Overview
6.12.3 Avid Identification Systems Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.12.4 Avid Identification Systems Pet Identification Microchip Product Portfolio
6.12.5 Avid Identification Systems Recent Developments/Updates
6.13 Animalcare
6.13.1 Animalcare Corporation Information
6.13.2 Animalcare Pet Identification Microchip Description and Business Overview
6.13.3 Animalcare Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.13.4 Animalcare Pet Identification Microchip Product Portfolio
6.13.5 Animalcare Recent Developments/Updates
6.14 Microchip4Solutions
6.14.1 Microchip4Solutions Corporation Information
6.14.2 Microchip4Solutions Pet Identification Microchip Description and Business Overview
6.14.3 Microchip4Solutions Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.14.4 Microchip4Solutions Pet Identification Microchip Product Portfolio
6.14.5 Microchip4Solutions Recent Developments/Updates
6.15 PeddyMark
6.15.1 PeddyMark Corporation Information
6.15.2 PeddyMark Pet Identification Microchip Description and Business Overview
6.15.3 PeddyMark Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.15.4 PeddyMark Pet Identification Microchip Product Portfolio
6.15.5 PeddyMark Recent Developments/Updates
6.16 Furreka
6.16.1 Furreka Corporation Information
6.16.2 Furreka Pet Identification Microchip Description and Business Overview
6.16.3 Furreka Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.16.4 Furreka Pet Identification Microchip Product Portfolio
6.16.5 Furreka Recent Developments/Updates
6.17 EIDAP
6.17.1 EIDAP Corporation Information
6.17.2 EIDAP Pet Identification Microchip Description and Business Overview
6.17.3 EIDAP Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.17.4 EIDAP Pet Identification Microchip Product Portfolio
6.17.5 EIDAP Recent Developments/Updates
6.18 Cybortra Technology
6.18.1 Cybortra Technology Corporation Information
6.18.2 Cybortra Technology Pet Identification Microchip Description and Business Overview
6.18.3 Cybortra Technology Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.18.4 Cybortra Technology Pet Identification Microchip Product Portfolio
6.18.5 Cybortra Technology Recent Developments/Updates
6.19 PetKey
6.19.1 PetKey Corporation Information
6.19.2 PetKey Pet Identification Microchip Description and Business Overview
6.19.3 PetKey Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.19.4 PetKey Pet Identification Microchip Product Portfolio
6.19.5 PetKey Recent Developments/Updates
6.20 PetLink
6.20.1 PetLink Corporation Information
6.20.2 PetLink Pet Identification Microchip Description and Business Overview
6.20.3 PetLink Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.20.4 PetLink Pet Identification Microchip Product Portfolio
6.20.5 PetLink Recent Developments/Updates
6.21 Peeva
6.21.1 Peeva Corporation Information
6.21.2 Peeva Pet Identification Microchip Description and Business Overview
6.21.3 Peeva Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.21.4 Peeva Pet Identification Microchip Product Portfolio
6.21.5 Peeva Recent Developments/Updates
6.22 AVID
6.22.1 AVID Corporation Information
6.22.2 AVID Pet Identification Microchip Description and Business Overview
6.22.3 AVID Pet Identification Microchip Sales, Revenue and Gross Margin (2018-2023)
6.22.4 AVID Pet Identification Microchip Product Portfolio
6.22.5 AVID Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Pet Identification Microchip Industry Chain Analysis
7.2 Pet Identification Microchip Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Pet Identification Microchip Production Mode & Process
7.4 Pet Identification Microchip Sales and Marketing
7.4.1 Pet Identification Microchip Sales Channels
7.4.2 Pet Identification Microchip Distributors
7.5 Pet Identification Microchip Customers
8 Pet Identification Microchip Market Dynamics
8.1 Pet Identification Microchip Industry Trends
8.2 Pet Identification Microchip Market Drivers
8.3 Pet Identification Microchip Market Challenges
8.4 Pet Identification Microchip Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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