Pet Microchips Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

and India Pet Microchips Market Size
The global Pet Microchips revenue was US$ 399 million in 2022 and is forecast to a readjusted size of US$ 519.6 million by 2029 with a CAGR of 3.8% during the forecast period (2023-2029).

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and India Pet Microchips Market
A microchip is a computer chip enclosed in a small glass cylinder (about the size of a grain of rice) that is injected under pet's 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 pet's owner can be quickly notified and reunited with their pet. Microchipping a pet is a quick and simple procedure. The chip is inserted under a pet's skin, usually around the scruff of the neck, using a needle. It takes seconds. Pets can be checked for a microchip using a handheld electronic device, called a scanner. When this is waved over the PET's neck, the scanner will recognise the unique information held inside the chip. The microchips presently used in pets only contain identification numbers. No, the microchip is not a GPS device and cannot track your animal if it gets lost. Although the present technology microchip itself does not contain your pet's medical information, some microchip registration databases will allow you to store that information in the database for quick reference.
In India, the Pet Microchips revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Pet Microchips key players include Pethealth Inc, HomeAgain, Bayer, AVID Identification Systems, Datamars, etc. Global top five manufacturers hold a share about 35%. North America is the largest market, with a share about 55%, followed by Europe, with a share about 30 percent. In terms of product, 134.2 kHz Microchip is the largest segment, with a share about 75%. And in terms of application, the largest application is Cats, followed by Horses, Dogs, etc.
This report focuses on global and India Pet Microchips market, also covers the segmentation data of other regions in regional level and county level.

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Segment by Type
• 125 kHz Microchip
• 128 kHz Microchip
• 134.2 kHz Microchip

Segment by Application
• Horse
• Dogs
• Cats
• Others

By Company
Allflex, Bayer, Pethealth Inc., HomeAgain, AVID Identification Systems, Datamars, Inc., Trovan, Ltd., Virbac, Animalcare, Ltd., AKC Reunite, Microchip4Solutions Inc., PeddyMark, EIDAP Inc., Micro-ID, Ltd., Cybortra Technology, HALO Animal Rescue, PetKey, K9 Microchips, 911PetChip, InfoPet

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