Europe Pet ID Microchips Market Forecast to 2028 – COVID-19 Impact and Regional Analysis– By Pet Type (Horses, Dogs, Cats, and Others) and End User (Breeders, Households, Pet Shops, and Others)
The Europe pet ID microchips market is expected to grow from US$ 29.53 million in 2022 to US$ 40.54 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028.
Enforcements by Regulatory Bodies is Driving the Europe Pet ID Microchips Market Growth
Veterinarians and animal-welfare charities across the region are embracing pet ID microchipping mandates imposed by regulatory bodies. The pet ID microchip helps properly identify pets and quickly reunite owners with lost or injured pets. In the UK, the government passed a regulation in 2016 for all pet owners to microchip their dogs and register their details on a centralized database. Also, in February 2020, the Cat’s Protection— UK's largest cat welfare charity made microchipping compulsory for all pet cats. In addition, with nearly 92% of dogs microchipped and a 15% decrease in stray dogs, the mandatory pet ID microchips for identification and reunification have proven beneficial in the country. Furthermore, there is a growing compulsion for cat microchipping to improve the identification and reunification of missing and stolen pets. In December 2021, according to the UK government consultation, nearly 99% of people supported compulsory cat microchipping. Owners are required to microchip their cats by the time their pet reaches 20 weeks of age. In addition, if owners fail to microchip their cats, they have 21 days for chip implant or may face a fine of up to US$ 600. Therefore, enforcement by regulatory bodies for compulsory pet microchipping and scanning is driving the Europe pet ID microchips markett growth in forecast period.
Market Overview
The Europe pet ID microchips market is sub segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The demand for pet ID microchips is rising in the region due to the enforcement of various regulations mandating pet microchipping. Also, to carry a pet to Europe or import them to Europe, it is mandatory to have an ISO-compatible chip implanted in the pet. The ISO requires that the microchip must meet 11784/11785 specifications. It should be a 15-digit non-encrypted microchip operating at 134.2 kHz and can be scanned by any scanner used by veterinarians and animal shelters. Travelers from North America carrying their pets to Europe can use HomeAgain and the AVID microchip brands, as these are compatible with ISO regulations, which can be implanted before traveling to Europe. In addition, implanting a microchip and its scanning prior to a rabies vaccination is also mandatory in Europe. Under Spanish law, every cat, dog, or ferret must be microchipped and registered in the Animal Identification Registry. In the UK, earlier, it was compulsory for dogs to be microchipped, and in April 2022, the UK government has passed a law to compulsorily microchip cats. In Germany, according to the government's rule, when a person buys a pet, they need to obtain a license and register his pet at the citizen’s office. Though it is not legally required, it is highly advised to microchip the pet to keep tabs on its activities. Thus, such rules and advisories by the government of various countries are expected to boost the market's growth during the forecast period. The region consists of various market players such as Datamars SA, Trovan Ltd, Virbac SA, and PeddyMark Ltd. These players are regularly working on providing innovative microchips complying with all the ISO standards.
Europe Pet ID Microchips Market Revenue and Forecast to 2028 (US$ Million)
Europe Pet ID Microchips Market Segmentation
The Europe pet ID microchips market is segmented into pet type, end user, and country.
Based on pet type, the Europe pet ID microchips market is segmented into horses, dogs, cats, and others. The dogs segment held the largest Europe pet ID microchips market share in 2022.
Based on end user, the Europe pet ID microchips market is segmented into breeders, households, pet shops, and others. The breeders segment held the larger Europe pet ID microchips market share in 2022.
Based on country, the Europe pet ID microchips market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe pet ID microchips market share in 2022.
Animalcare Group Plc; Avid Identification Systems Inc; Datamars SA; Elanco Animal Health Inc; Merck & Co Inc; PeddyMark Ltd; Pethealth Inc; Trovan Ltd; and Virbac SA are the leading companies operating in Europe pet ID microchips market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Pet ID Microchips Market – By Pet Type
1.3.2 Europe Pet ID Microchips Market – By End User
1.3.3 Europe Pet ID Microchips Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Pet ID Microchips Market Landscape
4.1 Market Overview
4.2 Europe- PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Pet ID Microchips Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Enforcements by Regulatory Bodies
5.1.2 Customized Offerings in Pet ID Microchips
5.2 Market Restraints
5.2.1 Lack of Awareness Related to Pet ID Microchips and Associated Benefits
5.2.2 Lack Of GPS Tracking Technology in Pet ID Microchip Implants
5.3 Market Opportunities
5.3.1 Increasing Spending on Pets and Surging Demand for Sophisticated Technologies from Tech-Savvy Pet Owners
5.4 Future Trends
5.4.1 Microchips with Integrated Temperature Sensor
5.5 Impact Analysis of Drivers and Restraints
6. Pet ID Microchips Market – Europe Analysis
6.1 Europe Pet ID Microchips Market Overview
6.2 Europe Pet ID Microchips Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Pet ID Microchips Market Analysis – By Pet Type
7.1 Overview
7.2 Europe Pet ID Microchips Market, By Pet Type (2021 and 2028)
7.3 Horses
7.3.1 Overview
7.3.2 Horses: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Dogs
7.4.1 Overview
7.4.2 Dogs: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Cats
7.5.1 Overview
7.5.2 Cats: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
8. Europe Pet ID Microchips Market Analysis – By End User
8.1 Overview
8.2 Europe Pet ID Microchips Market Breakdown, By End User, 2021 & 2028
8.3 Breeders
8.3.1 Overview
8.3.2 Breeders: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
8.4 Households
8.4.1 Overview
8.4.2 Households: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Pet Shops
8.5.1 Overview
8.5.2 Pet Shops : Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others : Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
9. Europe Pet ID Microchips Market – Country Analysis
9.1 Overview
9.1.1 Europe Pet ID Microchips Market Breakdown, by Country
9.1.1.1 Germany: Europe Pet ID Microchips Market, Revenue and Forecast to 2028
9.1.1.1.1 Germany: Europe Pet ID Microchips Market Breakdown, By Pet Type
9.1.1.1.2 Germany: Europe Pet ID Microchips Market Breakdown, By End User
9.1.1.2 France: Europe Pet ID Microchips Market, Revenue and Forecast to 2028
9.1.1.2.1 France: Europe Pet ID Microchips Market Breakdown, By Pet Type
9.1.1.2.2 France: Europe Pet ID Microchips Market Breakdown, By End User
9.1.1.3 Italy: Europe Pet ID Microchips Market, Revenue and Forecast to 2028
9.1.1.3.1 Italy: Europe Pet ID Microchips Market Breakdown, By Pet Type
9.1.1.3.2 Italy: Europe Pet ID Microchips Market Breakdown, By End User
9.1.1.4 UK: Europe Pet ID Microchips Market, Revenue and Forecast to 2028
9.1.1.4.1 UK: Europe Pet ID Microchips Market Breakdown, By Pet Type
9.1.1.4.2 UK: Europe Pet ID Microchips Market Breakdown, By End User
9.1.1.5 Russia: Europe Pet ID Microchips Market, Revenue and Forecast to 2028
9.1.1.5.1 Russia: Europe Pet ID Microchips Market Breakdown, By Pet Type
9.1.1.5.2 Russia: Europe Pet ID Microchips Market Breakdown, By End User
9.1.1.6 Rest of Europe: Europe Pet ID Microchips Market, Revenue and Forecast to 2028
9.1.1.6.1 Rest of Europe: Europe Pet ID Microchips Market Breakdown, By Pet Type
9.1.1.6.2 Rest of Europe: Europe Pet ID Microchips Market Breakdown, By End User
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
10.5 Regulatory News
11. Company Profiles
11.1 Pethealth Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Merck & Co Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Avid Identification Systems Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Datamars SA
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Trovan Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Virbac SA
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Animalcare Group Plc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 PeddyMark Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Elanco Animal Health Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Pet ID Microchips Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Pet ID Microchips Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Europe Pet ID Microchips Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Europe Pet ID Microchips Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Europe Pet ID Microchips Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Europe Pet ID Microchips Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Europe Pet ID Microchips Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Europe Pet ID Microchips Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Europe Pet ID Microchips Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. UK: Europe Pet ID Microchips Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Europe Pet ID Microchips Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Russia: Europe Pet ID Microchips Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Europe Pet ID Microchips Market, by Pet Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe: Europe Pet ID Microchips Market, By End User – Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Pet ID Microchips Market Segmentation
Figure 2. Europe Pet ID Microchips Market Segmentation – By Country
Figure 3. Europe Pet ID Microchips Market Overview
Figure 4. Dogs Segment Held the Largest Share of Europe Pet ID Microchips Market
Figure 5. The UK to Show Great Traction During Forecast Period
Figure 6. Europe: PEST Analysis
Figure 7. Expert Opinion
Figure 8. Europe Pet ID Microchips Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Pet ID Microchips Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Pet ID Microchips Market Breakdown, By Pet Type, 2021 & 2028 (%)
Figure 11. Horses: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 12. Dogs: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Cats: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 14. Others: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15. Europe Pet ID Microchips Market Breakdown, By End User, 2021 & 2028 (%)
Figure 16. Breeders: Europe Pet ID Microchips Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17. Households Market Revenue and Forecast to 2028(US$ Million)
Figure 18. Pet Shops Market Revenue and Forecast to 2028(US$ Million)
Figure 19. Others Market Revenue and Forecast to 2028(US$ Million)
Figure 20. Europe Pet ID Microchips Market, by Key Country - Revenue (2021) (US$ Million)
Figure 21. Europe Pet ID Microchips Market Breakdown, by Country, 2021 & 2028 (%)
Figure 22. Germany: Europe Pet ID Microchips Market, Revenue and Forecast to 2028 (US$ Million)
Figure 23. France: Europe Pet ID Microchips Market, Revenue and Forecast to 2028 (US$ Million)
Figure 24. Italy: Europe Pet ID Microchips Market, Revenue and Forecast to 2028 (US$ Million)
Figure 25. UK: Europe Pet ID Microchips Market, Revenue and Forecast to 2028 (US$ Million)
Figure 26. Russia: Europe Pet ID Microchips Market, Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Europe Pet ID Microchips Market, Revenue and Forecast to 2028 (US$ Million)
- Animalcare Group Plc
- Avid Identification Systems Inc
- Datamars SA
- Elanco Animal Health Inc
- Merck & Co Inc
- PeddyMark Ltd
- Pethealth Inc
- Trovan Ltd
- Virbac SA
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