Report Detail
Global Pet Microchips Market Growth 2019-2024
- RnM2906511 |
- 08 February, 2019 |
- Global |
- 165 Pages |
- LPI(LP Information) |
- Other
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.
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 wasn’t 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 product’s 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.
According to this study, over the next five years the Pet Microchips market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 430 million by 2024, from US$ 340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Pet Microchips business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Pet Microchips market by product type, application, key manufacturers and key regions and countries.
This study considers the Pet Microchips value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
125 kHz Microchip
128 kHz Microchip
134.2 kHz Microchip
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Horse
Dogs
Cats
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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: Breakdown data in in Chapter 3.
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.
Research objectives
To study and analyze the global Pet Microchips consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
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
2019-2024 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 2014-2024
- 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 (2014-2019)
- 2.3.2 Global Pet Microchips Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Pet Microchips Sale Price by Type (2014-2019)
- 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 (2014-2019)
- 2.5.2 Global Pet Microchips Value and Market Share by Application (2014-2019)
- 2.5.3 Global Pet Microchips Sale Price by Application (2014-2019)
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 (2017-2019)
- 3.1.2 Global Pet Microchips Sales Market Share by Players (2017-2019)
- 3.2 Global Pet Microchips Revenue Market Share by Players
- 3.2.1 Global Pet Microchips Revenue by Players (2017-2019)
- 3.2.2 Global Pet Microchips Revenue Market Share by Players (2017-2019)
- 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) (2017-2019)
- 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 (2014-2019)
- 5.1.2 Americas Pet Microchips Value by Countries (2014-2019)
- 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 (2014-2019)
- 6.1.2 APAC Pet Microchips Value by Countries (2014-2019)
- 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 (2014-2019)
- 7.1.2 Europe Pet Microchips Value by Countries (2014-2019)
- 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 (2014-2019)
- 8.1.2 Middle East & Africa Pet Microchips Value by Countries (2014-2019)
- 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 Channels
- 10.1.2 Indirect Channels
- 10.2 Pet Microchips Distributors
- 10.3 Pet Microchips Customer
11 Global Pet Microchips Market Forecast
- 11.1 Global Pet Microchips Consumption Forecast (2019-2024)
- 11.2 Global Pet Microchips Forecast by Regions
- 11.2.1 Global Pet Microchips Forecast by Regions (2019-2024)
- 11.2.2 Global Pet Microchips Value Forecast by Regions (2019-2024)
- 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 (2017-2019)
- 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 (2017-2019)
- 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 (2017-2019)
- 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 (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 AVID Identification Systems News
- 12.5 Datamars, Inc.
- 12.5.1 Company Details
- 12.5.2 Pet Microchips Product Offered
- 12.5.3 Datamars, Inc. Pet Microchips Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Datamars, Inc. News
- 12.6 Trovan, Ltd.
- 12.6.1 Company Details
- 12.6.2 Pet Microchips Product Offered
- 12.6.3 Trovan, Ltd. Pet Microchips Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Trovan, Ltd. News
- 12.7 Virbac
- 12.7.1 Company Details
- 12.7.2 Pet Microchips Product Offered
- 12.7.3 Virbac Pet Microchips Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Virbac News
- 12.8 Animalcare, Ltd.
- 12.8.1 Company Details
- 12.8.2 Pet Microchips Product Offered
- 12.8.3 Animalcare, Ltd. Pet Microchips Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Animalcare, Ltd. News
- 12.9 Microchip4Solutions Inc.
- 12.9.1 Company Details
- 12.9.2 Pet Microchips Product Offered
- 12.9.3 Microchip4Solutions Inc. Pet Microchips Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Microchip4Solutions Inc. News
- 12.10 PeddyMark
- 12.10.1 Company Details
- 12.10.2 Pet Microchips Product Offered
- 12.10.3 PeddyMark Pet Microchips Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 PeddyMark News
- 12.11 EIDAP Inc.
- 12.12 Micro-ID, Ltd.
- 12.13 Cybortra Technology
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Pet Microchips . Industry analysis & Market Report on Pet Microchips is a syndicated market report, published as Global Pet Microchips Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Pet Microchips market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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