RADIO FREQUENCY IDENTIFICATION (RFID) PET MICROCHIP MARKET ANALYSIS

Radio Frequency Identification (RFID) Pet Microchip MarketSize and Trends

Increasing use of radio frequency identification pet microchip in pets is supporting growth of the market. Animal shelter and animal control officers routinely search for microchips in stray animals and return lost pets to their owners with the help of scanning the identification number present in their microchips. RFID microchips have a wide range of customer base such as kennels, breeders, brokers, trainers, registries, rescue groups, humane societies, clinics, farms, stables, animal clubs and associations, researchers, and pet stores. The governments of some countries have made pet micro-chipping a legal requirement. For instance, in 2016, England and Wales made dog micro-chipping a legal requirement in these countries. Furthermore, in October 2020, it will also be mandatory for owners to microchip horses, ponies, and donkeys, and register their details in centralized database, as such initiatives may reduce the risk of animal trafficking. These factors are expected to drive the global radio frequency identification pet microchip market growth.

Global Radio Frequency Identification (RFID) Pet Microchip Market - Competitive Landscape

Key players operating in the global radio frequency identification pet microchip market include Microchip4Solutions Inc, Destron Fearing Corporation, Digital Angel Corporation, Trovan, Ltd, Peddymark Ltd, Bayer AG, Avery Dennison Corporation, DAILY RFID Co.,  Allied Technologies Holdings Pvt. Ltd, Cybortra Technology Co. Ltd, and Virbac Corporation.