Middle East & Africa Pet ID Microchips Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis– by Pet Type (Horses, Dogs, Cats, and Others) and End User (Breeders, Households, Pet Shops, and Others)


No. of Pages: 90    |    Report Code: BMIRE00028126    |    Category: Electronics and Semiconductor

Middle East & Africa Pet ID Microchips Market
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The Middle East & Africa pet ID microchips market is expected to grow from US$ 3.51 million in 2022 to US$ 4.35 million by 2028. It is estimated to grow at a CAGR of 3.7% from 2022 to 2028.

 

Microchips with Integrated Temperature Sensor Drive Middle East & Africa Pet ID Microchips Market

 

Pet ID microchip can detect pet’s temperature and provides a permanent form of identification. In addition, the pet’s temperature is read by passing a microchip scanner over the pet’s shoulder blades. The scanner emits a low radio frequency that provides the power necessary to transmit the microchip's unique ID code and positively identify the pet and its temperature. Moreover, with temperature reading capabilities, each transponder contains a unique non-repeating alphanumeric code for positive pet identification. This feature allows researchers to program the microchip with useful “human readable” data, such as study number, genotype, and pet DOB. Merck & Co., Inc. Thus, with the introduction of an easy, safe, and quick alternative method for multiple temperature measurements, demand for pet ID microchips with an integrated temperature biosensor would rise in the Middle East & Africa pet ID microchips market during the forecast period.

 

Middle East & Africa Pet ID Microchips Market Overview

 

The Middle East & Africa pet ID microchips market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Microchipping pets for travellers are compulsory in the UAE. Moreover, according to Federal law, pet dogs and cats living in the UAE must be registered in the Municipality database. This government rule aids in reducing the number of stray animals in the UAE since they can be traced and reunited with their owners. Also, while traveling with pets to the UAE or from the UAE, companion animals are required to be microchipped as it aids in verifying compliance with universally required vaccinations, such as that for rabies.

KAUST, a residential area in Thuwal, Saudi Arabia, has made it mandatory to register all pets, excluding fish, within one month of acquisition or arrival at KAUST. In South Africa, there is no such rule to microchip pets compulsorily. It is up to pet owners whether they want to implant a microchip in their pets. However, all pet dogs and cats entering South Africa must be microchipped with a 15-digit ISO pet microchip. The Turkey government has made it mandatory that all the pets in the country should be implanted with a microchip till December 31, 2022. After the imposition of this rule, according to the Ministry of Agriculture and Forestry, till the first week of December, ~629,000 pets were implanted with microchips. Thus, such government rules will further fuel the growth of the Middle East & Africa pet ID microchips market.

 

Middle East & Africa Pet ID Microchips Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Pet ID Microchips Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Pet ID Microchips Strategic Insights

Strategic insights for the Middle East & Africa Pet ID Microchips provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East & Africa Pet ID Microchips Report Scope

Report Attribute Details
Market size in 2022 US$ 3.51 Million
Market Size by 2028 US$ 4.35 Million
Global CAGR (2022 - 2028) 3.7%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Pet Type
  • Horses
  • Dogs
  • Cats
By End User
  • Breeders
  • Households
  • Pet Shops
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Elanco Animal Health Inc
  • Merck & Co Inc
  • Trovan Ltd
  • Virbac SA
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    Middle East & Africa Pet ID Microchips Regional Insights

    The geographic scope of the Middle East & Africa Pet ID Microchips refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Middle East & Africa Pet ID Microchips Market Segmentation

     

    The Middle East & Africa pet ID microchips market is segmented into pet type, end user, and country.

     

    Based on pet type, the Middle East & Africa pet ID microchips market is segmented into horses, dogs, cats, and others. The dogs segment held the largest market share in 2022.

     

    Based on end user, the Middle East & Africa pet ID microchips market is segmented into breeders, households, pet shops, and others. The breeders segment held the larger market share in 2022.

     

    Based on country, the Middle East & Africa pet ID microchips market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the market share in 2022.

     

    Elanco Animal Health Inc; Merck & Co Inc; Trovan Ltd; and Virbac SA are the leading companies operating in the Middle East & Africa pet ID microchips market.

    The List of Companies - Middle East & Africa Pet ID Microchips Market

    1. Elanco Animal Health Inc
    2. Merck & Co Inc
    3. Trovan Ltd
    4. Virbac SA
    Frequently Asked Questions
    How big is the Middle East & Africa Pet ID Microchips Market?

    The Middle East & Africa Pet ID Microchips Market is valued at US$ 3.51 Million in 2022, it is projected to reach US$ 4.35 Million by 2028.

    What is the CAGR for Middle East & Africa Pet ID Microchips Market by (2022 - 2028)?

    As per our report Middle East & Africa Pet ID Microchips Market, the market size is valued at US$ 3.51 Million in 2022, projecting it to reach US$ 4.35 Million by 2028. This translates to a CAGR of approximately 3.7% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Pet ID Microchips Market report typically cover these key segments-

    • Pet Type (Horses, Dogs, Cats)
    • End User (Breeders, Households, Pet Shops)

    What is the historic period, base year, and forecast period taken for Middle East & Africa Pet ID Microchips Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Pet ID Microchips Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Middle East & Africa Pet ID Microchips Market?

    The Middle East & Africa Pet ID Microchips Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Elanco Animal Health Inc
  • Merck & Co Inc
  • Trovan Ltd
  • Virbac SA
  • Who should buy this report?

    The Middle East & Africa Pet ID Microchips Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Pet ID Microchips Market value chain can benefit from the information contained in a comprehensive market report.

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