The global Animal Microchip Implants market was valued at 640 million in 2024 and is projected to reach US$ 1144 million by 2032, at a CAGR of 8.9% during the forecast period.
A microchip implant is an identifying integrated circuit placed under the skin of an animal. The chip, about the size of a large grain of rice, uses passive radio-frequency identification (RFID) technology, and is also known as a PIT (passive integrated transponder) tag.
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$336.2 billion, down 2.0% year-on-year.
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We have surveyed the Animal Microchip Implants manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
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This report aims to provide a comprehensive presentation of the global market for Animal Microchip Implants, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Animal Microchip Implants. This report contains market size and forecasts of Animal Microchip Implants in global, including the following market information:
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- Global Animal Microchip Implants market revenue, 2020-2025, 2026-2032, ($ millions)
- Global Animal Microchip Implants market sales, 2020-2025, 2026-2032, (K Units)
- Global top five Animal Microchip Implants companies in 2024 (%)
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Total Market by Segment:
Global Animal Microchip Implants market, by Type, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global Animal Microchip Implants market segment percentages, by Type, 2024 (%)
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- 125 kHz Microchip
- 128 kHz Microchip
- 134.2 kHz Microchip
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Global Animal Microchip Implants market, by Application, 2020-2025, 2026-2032 ($ Millions) & (K Units)
Global Animal Microchip Implants market segment percentages, by Application, 2024 (%)
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- Horse
- Dogs
- Cats
- Others
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Global Animal Microchip Implants market, by region and country, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global Animal Microchip Implants market segment percentages, by region and country, 2024 (%)
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- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
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Competitor Analysis
The report also provides analysis of leading market participants including:
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- Key companies Animal Microchip Implants revenues in global market, 2020-2025 (estimated), ($ millions)
- Key companies Animal Microchip Implants revenues share in global market, 2024 (%)
- Key companies Animal Microchip Implants sales in global market, 2020-2025 (estimated), (K Units)
- Key companies Animal Microchip Implants sales share in global market, 2024 (%)
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Further, the report presents profiles of competitors in the market, key players include:
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- Pethealth Inc.
- HomeAgain
- Bayer
- AVID Identification Systems
- Datamars, Inc.
- Trovan, Ltd.
- Virbac
- Animalcare, Ltd.
- Microchip4Solutions Inc.
- PeddyMark
- EIDAP Inc.
- Micro-ID, Ltd.
- Cybortra Technology
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Outline of Major Chapters:
Chapter 1: Introduces the definition of Animal Microchip Implants, market overview.
Chapter 2: Global Animal Microchip Implants market size in revenue and volume.
Chapter 3: Detailed analysis of Animal Microchip Implants manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Animal Microchip Implants in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Animal Microchip Implants capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Animal Microchip Implants Market Definition
1.2 Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
1.3 Global Animal Microchip Implants Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Animal Microchip Implants Overall Market Size
2.1 Global Animal Microchip Implants Market Size: 2024 VS 2032
2.2 Global Animal Microchip Implants Market Size, Prospects & Forecasts: 2020-2032
2.3 Global Animal Microchip Implants Sales: 2020-2032
3 Company Landscape
3.1 Top Animal Microchip Implants Players in Global Market
3.2 Top Global Animal Microchip Implants Companies Ranked by Revenue
3.3 Global Animal Microchip Implants Revenue by Companies
3.4 Global Animal Microchip Implants Sales by Companies
3.5 Global Animal Microchip Implants Price by Manufacturer (2020-2025)
3.6 Top 3 and Top 5 Animal Microchip Implants Companies in Global Market, by Revenue in 2024
3.7 Global Manufacturers Animal Microchip Implants Product Type
3.8 Tier 1, Tier 2, and Tier 3 Animal Microchip Implants Players in Global Market
3.8.1 List of Global Tier 1 Animal Microchip Implants Companies
3.8.2 List of Global Tier 2 and Tier 3 Animal Microchip Implants Companies
4 Sights by Product
4.1 Overview
4.1.1 Segment by Type - Global Animal Microchip Implants Market Size Markets
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