Pet Identification
Microchip Market
Pet Identification Microchip Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Pet Identification Microchip Market Size and Growth
The Pet Identification Microchip market is experiencing robust growth, driven by increasing pet ownership and rising demand for pet safety. The global market size is projected to reach approximately $1.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of around 14%. Technological advancements and regulatory support enhance market conditions. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Pethealth
◍ HomeAgain
◍ 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
The Pet Identification Microchip Market features key players like Pethealth, HomeAgain, Bayer, and Avid Identification Systems, among others. These companies enhance market growth through innovative microchip solutions, partnerships, and comprehensive services for pet tracking and recovery. Specific sales revenues include:
- HomeAgain: ~$20 million
- Bayer: ~$15 billion (general pet health)
- Avid: ~$10 million
Their contributions significantly bolster pet identification solutions and consumer awareness.
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Market Segmentation
By Application
By
Product
◍ 125 kHz Microchip
134.2 kHz Microchip ◍ Animal Shelters
Pet Hospital
Pet Store
Home
Other
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128 kHz Microchip
Market Growth
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$ X Billion USD
