Global Animal Microchip Implant Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Animal ID Microchip, Reusable Pet Tracking Microchip, Transponder Microchips, and Others

By Mode;

Self-Injectable and Surgery-Injectable

By Distribution Channel;

Veterinary Hospitals, Veterinary Clinics, Veterinary Pharmaceutical Store, and Online Store

By Technology;

RFID Technology, Infrared Technology, and Low Frequency

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn169904952 Published Date: June, 2025 Updated Date: July, 2025

Animal Microchip Implant Market Overview

Animal Microchip Implant Market (USD Million)

Animal Microchip Implant Market was valued at USD 653.35 million in the year 2024. The size of this market is expected to increase to USD 1,069.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.3%.


Global Animal Microchip Implant Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.3 %
Market Size (2024)USD 653.35 Million
Market Size (2031)USD 1,069.91 Million
Market ConcentrationMedium
Report Pages333
653.35
2024
1,069.91
2031

Major Players

  • Datamars
  • Bayer AG
  • Merck Animal Health
  • Trovan Ltd
  • Virbac
  • Allflex
  • Microchip ID Systems Inc
  • Dechra Pharmaceuticals PLC
  • Pethealth Inc
  • Destron Fearing

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Animal Microchip Implant Market

Fragmented - Highly competitive market without dominant players


The Animal Microchip Implant Market is expanding rapidly, fueled by growing emphasis on pet safety, livestock identification, and theft deterrence. With over 65% of pet owners choosing microchipping as their preferred identification method, the market is benefiting from increased veterinary recommendations and consumer demand for long-term tracking solutions.

Growing Awareness of Microchip Benefits
Awareness campaigns initiated by animal welfare organizations have significantly improved public understanding of microchip advantages. More than 70% of pet owners now recognize the importance of implantable chips, resulting in higher recovery rates of missing animals—over 55% for microchipped pets versus less than 25% for non-chipped ones.

Improved Traceability in Livestock Operations
Adoption of microchip implants in farm animals is gaining momentum due to traceability requirements and disease control efforts. Approximately 40% of large-scale farms utilize microchip technology for tracking, documentation, and operational compliance, optimizing herd management and biosecurity processes.

Smart Integration Enhancing Market Potential
The integration of microchip implants with digital ecosystems and IoT platforms is adding new dimensions to animal care. Around 35% of implanted chips are now part of smart monitoring networks, offering real-time updates on animal health, activity, and location. This trend is contributing to sustained growth and innovation in the sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Mode
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Technology
    5. Market Snapshot, By Region
  4. Animal Microchip Implant Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing pet adoption rates
        2. Increased awareness of pet safety
        3. Technological advancements in microchips
        4. Government regulations and mandates
      2. Restraints
        1. High costs of implantation
        2. Privacy and ethical concerns
        3. Lack of universal standards
        4. Limited awareness in developing regions
      3. Opportunities
        1. Expanding veterinary services market
        2. Rising demand for pet insurance
        3. Innovations in microchip technology
        4. Growth in smart pet products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Thrat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Animal Microchip Implant Market, By Product Type, 2021 - 2031 (USD Million)
      1. Animal ID Microchip
      2. Reusable Pet Tracking Microchip
      3. Transponder Microchips
      4. Others
    2. Animal Microchip Implant Market, By Mode, 2021 - 2031 (USD Million)
      1. Self-injectable
      2. Surgery-injectable
    3. Animal Microchip Implant Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Veterinary Hospitals
      2. Veterinary Clinics
      3. Veterinary Pharmaceutical Store
      4. Online Store
    4. Animal Microchip Implant Market, By Technology, 2021 - 2031 (USD Million)

      1. RFID Technology

      2. Infrared Technology

      3. Low Frequency

    5. Animal Microchip Implant Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Datamars
      2. Bayer AG
      3. Merck Animal Health
      4. Trovan Ltd
      5. Virbac
      6. Allflex
      7. Microchip ID Systems Inc
      8. Dechra Pharmaceuticals PLC
      9. Pethealth Inc
      10. Destron Fearing
  7. Analyst view
  8. Future Outlook of the Market