Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The latest update of “Global Pet Microchips Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Pet Microchips Market.
Overview of the Pet Microchips Market:
A pet microchip is a tiny computer chip that is implanted beneath a pet's skin between the shoulder blades. The unique identification number stored on the chip is unique to your pet. This chip is readable by any animal shelter or animal hospital that has the appropriate scanner. The microchip is easily felt under the skin and is completely painless.
A pet microchip is injected into your pet with a hypodermic needle. It is not painful and is much smaller than a typical injection needle. Usually, you can have your pet microchipped during a routine veterinary appointment. If your pet is under anesthesia, your veterinarian will implant the microchip during the procedure.
Market Dynamics:
Increasing adoption of companion animals is expected to propel growth of the global pet microchips market over the forecast period. For instance, according to the 2017-2018 U.S. Pet Ownership & Demographics Sourcebook of American Veterinary Medical Foundation (AVMF), 38.4% of households in the U.S. owned dogs compared to 36.5% in 2012.
Moreover, increasing adoption of pet microchips is also expected to propel growth of the global pet microchips market over the forecast period. For instance, in February 2021, the Greater Hyderabad Municipal Corporation (India) planned to inject RFID-based chips in dogs and other animals to allow owners locate them in case they are found missing.
Asia Pacific is expected to witness significant growth in the global pet microchips market, owing to the availability of online services for microchipping. For instance, in November 2021, Valenzuela City Pets Application program was reopened allowing dog owners to register their pets online for microchipping.
Laws mandating the use of pet microchips are expected to propel growth of the global pet microchips market over the forecast period. For instance, Hawaii’s statewide law for pets to be microchipped took effect on January 1, 2022.
Key Takeaways:
- Increasing adoption of companion animals is expected to propel growth of the global pet microchips market over the forecast period
- Major players operating in the global pet microchips market are focused on adopting merger and acquisition strategies to expand their product portfolio. For instance, in July 2021, Pethealth Inc. signed an agreement with Michelson Found Animals Foundation for the acquisition of its microchip registry operations.
- Major players operating in the global pet microchips market include, Pethealth Inc., HomeAgain, Bayer AG, AVID Identification Systems, Datamars, Inc., Trovan, Ltd., Virbac, Animalcare, Ltd., Microchip4Solutions Inc., PeddyMark, EIDAP Inc., Micro-ID, Ltd., and Cybortra Technology
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Pet Microchips Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Pet Microchips Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market 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
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Pet Microchips Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- 125 kHz Microchip
- 128 kHz Microchip
- 134.2 kHz Microchip
By Applications, the market is segmented into:
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Pet Microchips Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Pet Microchips Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Pet Microchips Market
1.6.1 How the Covid-19 is Affecting the Pet Microchips Market
1.6.1.1 Pet Microchips Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Pet Microchips Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Pet Microchips Market Perspective (2015-2028)
2.2 Pet Microchips Market Growth Trends by Regions
2.2.1 Pet Microchips Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Pet Microchips Market Historic Market Share by Regions (2015-2021)
2.2.3 Pet Microchips Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Pet Microchips Market Growth Strategy
2.3.6 Primary Interviews with Key Pet Microchips Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Pet Microchips Market Players by Market Size
3.1.1 Global Top Pet Microchips Market Players by Revenue (2015-2021)
3.1.2 Global Pet Microchips Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Pet Microchips Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Pet Microchips Market Concentration Ratio
3.2.1 Global Pet Microchips Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Pet Microchips Market Revenue in 2019
3.3 Pet Microchips Market Key Players Head office and Area Served
3.4 Key Players Pet Microchips Market Product Solution and Service
3.5 Date of entering into Pet Microchips Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Pet Microchips Market Historic Market Size by Type (2015-2021)
4.2 Global Pet Microchips Market Forecasted Market Size by Type (2021-2028)
5 Pet Microchips Market Breakdown Data by Application (2015-2028)
5.1 Global Pet Microchips Market Size by Application (2015-2021)
5.2 Global Pet Microchips Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Pet Microchips Market Size (2015-2021)
6.2 Pet Microchips Market Key Players in North America (2019-2021)
6.3 North America Pet Microchips Market Size by Type (2015-2021)
6.4 North America Pet Microchips Market Size by Application (2015-2021)
7 Europe
7.1 Europe Pet Microchips Market Size (2015-2021)
7.2 Pet Microchips Market Key Players in Europe (2019-2021)
7.3 Europe Pet Microchips Market Size by Type (2015-2021)
7.4 Europe Pet Microchips Market Size by Application (2015-2021)
8 China
8.1 China Pet Microchips Market Size (2015-2021)
8.2 Pet Microchips Market Key Players in China (2019-2021)
8.3 China Pet Microchips Market Size by Type (2015-2021)
8.4 China Pet Microchips Market Size by Application (2015-2021)
9 Japan
9.1 Japan Pet Microchips Market Size (2015-2021)
9.2 Pet Microchips Market Key Players in Japan (2019-2021)
9.3 Japan Pet Microchips Market Size by Type (2015-2021)
9.4 Japan Pet Microchips Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Pet Microchips Market Size (2015-2021)
10.2 Pet Microchips Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Pet Microchips Market Size by Type (2015-2021)
10.4 Southeast Asia Pet Microchips Market Size by Application (2015-2021)
11 India
11.1 India Pet Microchips Market Size (2015-2021)
11.2 Pet Microchips Market Key Players in India (2019-2021)
11.3 India Pet Microchips Market Size by Type (2015-2021)
11.4 India Pet Microchips Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Pet Microchips Market Size (2015-2021)
12.2 Pet Microchips Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Pet Microchips Market Size by Type (2015-2021)
12.4 Central & South America Pet Microchips Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Pet Microchips Market Introduction
13.4 Pet Microchips Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Pet Microchips Market Key Market Segments
Table 2. Key Players Covered: Ranking by Pet Microchips Market Revenue
Table 3. Ranking of Global Top Pet Microchips Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Pet Microchips Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Pet Microchips Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Pet Microchips Market Players to Combat Covid-19 Impact
Table 10. Global Pet Microchips Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Pet Microchips Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Pet Microchips Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Pet Microchips Market Share by Regions (2015-2021)
Table 14. Global Pet Microchips Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Pet Microchips Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Pet Microchips Market Growth Strategy
Table 20. Main Points Interviewed from Key Pet Microchips Market Players
Table 21. Global Pet Microchips Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Pet Microchips Market Share by Players (2015-2021)
Table 23. Global Top Pet Microchips Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Pet Microchips Market as of 2019)
Table 24. Global Pet Microchips Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Pet Microchips Market Product Solution and Service
Table 27. Date of entering into Pet Microchips Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 30. Global Pet Microchips Market Size Share by Type (2015-2021)
Table 31. Global Pet Microchips Market Revenue Market Share by Type (2021-2028)
Table 31. Global Pet Microchips Market Size Share by Application (2015-2021)
Table 33. Global Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 34. Global Pet Microchips Market Size Share by Application (2021-2028)
Table 35. North America Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Pet Microchips Market Share (2019-2021)
Table 37. North America Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 38. North America Pet Microchips Market Share by Type (2015-2021)
Table 39. North America Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 40. North America Pet Microchips Market Share by Application (2015-2021)
Table 41. Europe Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Pet Microchips Market Share (2019-2021)
Table 43. Europe Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Pet Microchips Market Share by Type (2015-2021)
Table 45. Europe Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Pet Microchips Market Share by Application (2015-2021)
Table 47. China Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Pet Microchips Market Share (2019-2021)
Table 49. China Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 50. China Pet Microchips Market Share by Type (2015-2021)
Table 51. China Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 52. China Pet Microchips Market Share by Application (2015-2021)
Table 53. Japan Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Pet Microchips Market Share (2019-2021)
Table 55. Japan Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Pet Microchips Market Share by Type (2015-2021)
Table 57. Japan Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Pet Microchips Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Pet Microchips Market Share (2019-2021)
Table 61. Southeast Asia Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Pet Microchips Market Share by Type (2015-2021)
Table 63. Southeast Asia Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Pet Microchips Market Share by Application (2015-2021)
Table 65. India Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Pet Microchips Market Share (2019-2021)
Table 67. India Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 68. India Pet Microchips Market Share by Type (2015-2021)
Table 69. India Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 70. India Pet Microchips Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Pet Microchips Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Pet Microchips Market Share (2019-2021)
Table 73. Central & South America Pet Microchips Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Pet Microchips Market Share by Type (2015-2021)
Table 75. Central & South America Pet Microchips Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Pet Microchips Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Pet Microchips Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Pet Microchips Market Share by Type: 2021 VS 2028
Figure 2. Global Pet Microchips Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Pet Microchips Market Report Years Considered
Figure 8. Global Pet Microchips Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Pet Microchips Market Share by Regions: 2021 VS 2028
Figure 10. Global Pet Microchips Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Pet Microchips Market Share by Players in 2019
Figure 13. Global Top Pet Microchips Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Pet Microchips Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Pet Microchips Market Revenue in 2019
Figure 15. North America Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Pet Microchips Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
