Pet Microchips Market Outlook to 2023 – Pethealth Inc., HomeAgain, Bayer, AVID Identification Systems, Datamars, Inc., Trovan, Ltd., Virbac, Animalcare, Ltd., Microchip4Solutions Inc., PeddyMark, EIDAP Inc., Micro-ID, Ltd., Cybortra Technology

Nov 2018, New York USA (News) - A microchip is a computer chip enclosed in a small glass cylinder (about the size of a grain of rice) that is injected under pets skin as a means of identification. Each microchip is connected to an online registry of owner contact information. In the event that pet is lost and taken to a shelter or veterinary hospital, he will be scanned for a microchip. If the contact information on file is up to date, the pets owner can be quickly notified and reunited with their pet.

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The basic technology behind pet microchips traces back several decades. But, it wasn’t until recently that the devices became cheap enough to hit the mainstream pet market.
The key players are Pethealth Inc., HomeAgain, Bayer, AVID Identification Systems, Datamars, Inc., Trovan, Ltd., Virbac, Animalcare, Ltd., Microchip4Solutions Inc., PeddyMark, EIDAP Inc., Micro-ID, Ltd., Cybortra Technology and so on. As if the microchip system for pet identification wasnt complicated and inefficient enough, an influx of new players is adding confusion and stirring tension in the market.
The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult.

These barriers include, but are not limited to:
(i) product development costs;
(ii) capital requirements;
(iii) intellectual property rights;
(iv) regulatory requirement; and
(v) Transitions unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Over the next five years, RRI projects that Pet Microchips will register a 3.9% CAGR in terms of revenue, reach US$ 430 million by 2023, from US$ 340 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Pet Microchips market by product type, application, key manufacturers and key regions.

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To calculate the market size, RRI considers value and volume generated from the sales of the following segments:

Segmentation by product type:
• 125 kHz Microchip
• 128 kHz Microchip
• 134.2 kHz Microchip

Segmentation by application:
• Horse
• Dogs
• Cats
• Others

This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:
• Pethealth Inc.
• HomeAgain
• Bayer
• AVID Identification Systems
• Datamars, Inc.
• Trovan, Ltd.
• Virbac
• Animalcare, Ltd.
• Microchip4Solutions Inc.
• PeddyMark
• EIDAP Inc.
• Micro-ID, Ltd.
• Cybortra Technology

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
• To study and analyze the global Pet Microchips consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Pet Microchips market by identifying its various subsegments.
• Focuses on the key global Pet Microchips manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Pet Microchips with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Pet Microchips submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2018-2023 Global Pet Microchips Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Pet Microchips Consumption 2013-2023
2.1.2 Pet Microchips Consumption CAGR by Region
2.2 Pet Microchips Segment by Type
2.2.1 125 kHz Microchip
2.2.2 128 kHz Microchip
2.2.3 134.2 kHz Microchip
2.3 Pet Microchips Consumption by Type
2.3.1 Global Pet Microchips Consumption Market Share by Type (2013-2018)
2.3.2 Global Pet Microchips Revenue and Market Share by Type (2013-2018)
2.3.3 Global Pet Microchips Sale Price by Type (2013-2018)
2.4 Pet Microchips Segment by Application
2.4.1 Horse
2.4.2 Dogs
2.4.3 Cats
2.4.4 Others
2.5 Pet Microchips Consumption by Application
2.5.1 Global Pet Microchips Consumption Market Share by Application (2013-2018)
2.5.2 Global Pet Microchips Value and Market Share by Application (2013-2018)
2.5.3 Global Pet Microchips Sale Price by Application (2013-2018)

3 Global Pet Microchips by Players
3.1 Global Pet Microchips Sales Market Share by Players
3.1.1 Global Pet Microchips Sales by Players (2016-2018)
3.1.2 Global Pet Microchips Sales Market Share by Players (2016-2018)
3.2 Global Pet Microchips Revenue Market Share by Players
3.2.1 Global Pet Microchips Revenue by Players (2016-2018)
3.2.2 Global Pet Microchips Revenue Market Share by Players (2016-2018)
3.3 Global Pet Microchips Sale Price by Players
3.4 Global Pet Microchips Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Pet Microchips Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Pet Microchips Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Pet Microchips by Regions
4.1 Pet Microchips by Regions
4.1.1 Global Pet Microchips Consumption by Regions
4.1.2 Global Pet Microchips Value by Regions
4.2 Americas Pet Microchips Consumption Growth
4.3 APAC Pet Microchips Consumption Growth
4.4 Europe Pet Microchips Consumption Growth
4.5 Middle East & Africa Pet Microchips Consumption Growth

5 Americas
5.1 Americas Pet Microchips Consumption by Countries
5.1.1 Americas Pet Microchips Consumption by Countries (2013-2018)
5.1.2 Americas Pet Microchips Value by Countries (2013-2018)
5.2 Americas Pet Microchips Consumption by Type
5.3 Americas Pet Microchips Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Pet Microchips Consumption by Countries
6.1.1 APAC Pet Microchips Consumption by Countries (2013-2018)
6.1.2 APAC Pet Microchips Value by Countries (2013-2018)
6.2 APAC Pet Microchips Consumption by Type
6.3 APAC Pet Microchips Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Pet Microchips by Countries
7.1.1 Europe Pet Microchips Consumption by Countries (2013-2018)
7.1.2 Europe Pet Microchips Value by Countries (2013-2018)
7.2 Europe Pet Microchips Consumption by Type
7.3 Europe Pet Microchips Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Pet Microchips by Countries
8.1.1 Middle East & Africa Pet Microchips Consumption by Countries (2013-2018)
8.1.2 Middle East & Africa Pet Microchips Value by Countries (2013-2018)
8.2 Middle East & Africa Pet Microchips Consumption by Type
8.3 Middle East & Africa Pet Microchips Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.2 Pet Microchips Distributors
10.3 Pet Microchips Customer

11 Global Pet Microchips Market Forecast
11.1 Global Pet Microchips Consumption Forecast (2018-2023)
11.2 Global Pet Microchips Forecast by Regions
11.2.1 Global Pet Microchips Forecast by Regions (2018-2023)
11.2.2 Global Pet Microchips Value Forecast by Regions (2018-2023)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Pet Microchips Forecast by Type
11.8 Global Pet Microchips Forecast by Application

12 Key Players Analysis
12.1 Pethealth Inc.
12.1.1 Company Details
12.1.2 Pet Microchips Product Offered
12.1.3 Pethealth Inc. Pet Microchips Sales, Revenue, Price and Gross Margin (2016-2018)
12.1.4 Main Business Overview
12.1.5 Pethealth Inc. News
12.2 HomeAgain
12.2.1 Company Details
12.2.2 Pet Microchips Product Offered
12.2.3 HomeAgain Pet Microchips Sales, Revenue, Price and Gross Margin (2016-2018)
12.2.4 Main Business Overview
12.2.5 HomeAgain News
12.3 Bayer
12.3.1 Company Details
12.3.2 Pet Microchips Product Offered
12.3.3 Bayer Pet Microchips Sales, Revenue, Price and Gross Margin (2016-2018)
12.3.4 Main Business Overview
12.3.5 Bayer News
12.4 AVID Identification Systems
12.4.1 Company Details
12.4.2 Pet Microchips Product Offered
12.4.3 AVID Identification Systems Pet Microchips Sales, Revenue, Price and Gross Margin (2016-2018)
12.4.4 Main Business Overview
12.4.5 AVID Identification Systems News
12.5 Datamars, Inc.

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