Global Pet Microchip Scanner Market Growth 2024-2030

Global Pet Microchip Scanner Market Growth 2024-2030

A pet microchip scanner is a handheld device that reads the registration number or code from the microchip.

The global Pet Microchip Scanner market size is projected to grow from US$ 35 million in 2023 to US$ 60 million in 2030; it is expected to grow at a CAGR of 8.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Pet Microchip Scanner Industry Forecast” looks at past sales and reviews total world Pet Microchip Scanner sales in 2023, providing a comprehensive analysis by region and market sector of projected Pet Microchip Scanner sales for 2024 through 2030. With Pet Microchip Scanner sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pet Microchip Scanner industry.

This Insight Report provides a comprehensive analysis of the global Pet Microchip Scanner landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pet Microchip Scanner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pet Microchip Scanner market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pet Microchip Scanner and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pet Microchip Scanner.

According to data from the company's "Pet Products Research Center", the global pet industry will reach US$246 billion in 2022, a year-on-year increase of 11.3%. The United States has the highest pet penetration rate and is also the largest pet consumer market. According to data from the American Pet Products Association (APPA), 66% of American households own pets, and the total industry sales are approximately US$136.8 billion, an increase of 10.8% from 2021. . IVH, the German Pet Products Industry Association, stated that the number of pets in Germany will be as high as 33.4 million in 2022, with a total turnover of nearly 6.5 billion euros. The "2023 China Pet Industry Trend Insights White Paper" released by JD.com shows that China's pet industry is showing a trend of "red ocean near, blue ocean far away". In 2023, the number of pet-raising households in China will exceed 100 million, and the market size will reach 129.6 billion yuan. Specifically, the market sizes of the four major physical pet products are all increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 9%. Pet medical care is the pet industry’s economic industry second only to pet food. In the UK, annual spending on veterinary and other pet services has increased from £2.6 billion in 2015 to £4 billion in 2021, a 54% increase in just six years. Data from Vetnosis shows that the value of the global animal health industry increased by 12% in 2021, reaching $38.3 billion.

This report presents a comprehensive overview, market shares, and growth opportunities of Pet Microchip Scanner market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
With Display Screen
Without Display Screen

Segmentation by application
Pet Store
Animal Shelter
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
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allflex
HID GLOBAL
TopTag
Trovan
Avid
HomeAgain
MICROCHIP ID
Wuxi Fofia Technology Co., Ltd
petDetect
Ozmicrochips
Bayer
Smoostart
AKC Reunite
Datamars

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pet Microchip Scanner market?

What factors are driving Pet Microchip Scanner market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pet Microchip Scanner market opportunities vary by end market size?

How does Pet Microchip Scanner break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.