The Human Microchipping Market involves the implantation of tiny radio frequency identification (RFID) microchips under the skin for various purposes including identification, tracking, and data storage. These microchips, which are around the size of a grain of rice, communicate with scanning devices using near field communication (NFC) technology. While initially used for pets, the technology is now gaining traction in the healthcare sector for medical applications such as storing medical records. Implantable microchips can contain crucial patient information that can be accessed immediately in emergency situations.

Global Human Microchipping Market Size Is Estimated To Be Valued At US$ 1.71 Bn In 2023 And Is Expected To Reach US$ 2.75 Bn By 2030, Exhibit At A Compound Annual Growth Rate (CAGR) Of 7% From 2023 To 2030

With the ongoing digitalization of the healthcare industry and the rapid adoption of wearable medical devices, Human Microchipping Market Demand is emerging as an effective means to monitor patients’ health and medical conditions remotely.

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