Veterinary RFID Readers Market Size and Share

Veterinary RFID Readers Market Summary
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Veterinary RFID Readers Market Analysis by Mordor Intelligence

The Veterinary RFID Readers Market size is estimated at USD 1.31 billion in 2025, and is expected to reach USD 1.90 billion by 2030, at a CAGR of 7.68% during the forecast period (2025-2030).

The major factors driving the growth of the veterinary RFID reader market are the rising number of livestock animals and the increasing applications of veterinary RFID readers in animal care.

The rising livestock population worldwide is expected to drive demand for veterinary RFID readers to track animal health and identify lost animals, ultimately driving the growth of the market during the forecast period. For instance, according to Eurostat updated data from March 2023, the European Union had a sizeable livestock population in December 2022; there were 134 million pigs, 75 million bovine animals, and 11 million goats.

Moreover, according to a report published by the United States Department of Agriculture in February 2023, the total number of cattle and calves in January 2023 was estimated at 89.2 million. Hence, the significant number of livestock animals worldwide is expected to drive the demand for veterinary RFID readers, which will propel the market's growth during the forecast period.

Also, the rising advantages of veterinary RFID readers are expected to boost the market during the forecast period. For instance, according to an article published in the IEEE Journal of Radio Frequency Identification in January 2023, animal tracking holds significant importance across diverse economic domains, encompassing sectors, including livestock farming, agricultural practices, and the conservation of wildlife populations. The application of RFID technology in the field of animal tracking has experienced a significant surge in popularity in recent years. Hence, the increasing applications of RFID technology in animal care are expected to raise the demand for veterinary RFID readers, which will ultimately propel the growth of the market during the forecast period.

The growing livestock population and the increasing use of veterinary RFID readers are expected to drive market growth during the forecast period. However, the high cost of veterinary RFID readers may hinder market growth during this time.

Competitive Landscape

The veterinary RFID readers market is concentrated due to a few companies operating globally and regionally. The competitive landscape includes an analysis of several international companies that hold market shares and are well known, including Avid Identification Systems Inc., Intellibio, UNO Life Science Solutions, Sonop Technology, Uni Information Devices, Serialio, and Ngaio Diagnostics.

Veterinary RFID Readers Industry Leaders

  1. Avid Identification Systems, Inc

  2. Intellibio

  3. UNO Life Science Solutions

  4. Sonop Technology

  5. Ngaio Diagnostics

  6. *Disclaimer: Major Players sorted in no particular order
Veterinary RFID Readers Market Concentration
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Recent Industry Developments

  • October 2023: GlobalVetLink reported compatibility with RFID Readers, which allows users to easily upload animal ID information to the GlobalVetLink (GVL) Compliance Assistant Platform. The platform increases productivity and reduces errors by monitoring applicable state, federal, and international regulatory requirements.
  • May 2024: The Indiana State Department of Agriculture (ISDA) launched the RFID Reader Rental program. In this program, the ISDA provides several RFID readers for loan to Idaho livestock producers.

Table of Contents for Veterinary RFID Readers Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definitions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Livestock Population Across the World
    • 4.2.2 Growing Advantages of Veterinary RFID Readers
  • 4.3 Market Restraints
    • 4.3.1 High Cost of Veterinar RFID Readers
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Type
    • 5.1.1 Fixed RFID Readers
    • 5.1.2 Handled RFID Readers
  • 5.2 By Application
    • 5.2.1 Livestock Farms
    • 5.2.2 Veterinary Clinics
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Avid Identification Systems Inc.
    • 6.1.2 Intellibio
    • 6.1.3 UNO Life Science Solutions
    • 6.1.4 Sonop Technology
    • 6.1.5 Ngaio Diagnostics
  • *List Not Exhaustive
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Global Veterinary RFID Readers Market Report Scope

As per the report's scope, the radio frequency identification (RFID) tag is a small button containing an embedded microchip attached to the regular animal tag. Veterinary RFID readers scan these tags for the animal’s medical, pedigree, and owner information. The veterinary RFID reader market is segmented into type, application, and geography. By type, the market is segmented into fixed RFID readers and handled RFID readers. By application, the market is segmented into livestock farms and veterinary clinics. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. For each segment, the market sizing and forecasts are done based on value (USD).

By Type
Fixed RFID Readers
Handled RFID Readers
By Application
Livestock Farms
Veterinary Clinics
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Type Fixed RFID Readers
Handled RFID Readers
By Application Livestock Farms
Veterinary Clinics
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

How big is the Veterinary RFID Readers Market?

The Veterinary RFID Readers Market size is expected to reach USD 1.31 billion in 2025 and grow at a CAGR of 7.68% to reach USD 1.90 billion by 2030.

What is the current Veterinary RFID Readers Market size?

In 2025, the Veterinary RFID Readers Market size is expected to reach USD 1.31 billion.

Who are the key players in Veterinary RFID Readers Market?

Avid Identification Systems, Inc, Intellibio, UNO Life Science Solutions, Sonop Technology and Ngaio Diagnostics are the major companies operating in the Veterinary RFID Readers Market.

Which is the fastest growing region in Veterinary RFID Readers Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Veterinary RFID Readers Market?

In 2025, the North America accounts for the largest market share in Veterinary RFID Readers Market.

What years does this Veterinary RFID Readers Market cover, and what was the market size in 2024?

In 2024, the Veterinary RFID Readers Market size was estimated at USD 1.21 billion. The report covers the Veterinary RFID Readers Market historical market size for years: 2024. The report also forecasts the Veterinary RFID Readers Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

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