Human Microchipping Global Market Report 2025

Description

Human microchipping refers to a process that involves the implantation of microscopic integrated circuits, typically under the skin, to serve various purposes. The utilization of human microchipping offers advantages such as seamless access to health information during emergencies, automated management of devices, and enhanced convenience in everyday activities.

The main types of human microchips are implantable microchips and non-implantable microchips. Implantable microchips refer to electronic devices that are implanted subcutaneously (under the skin) in humans or animals. Various types of technologies are included, such as RFID (radio frequency identification), NFC (near-field communication), and others. These are used for various applications, including medical identification and monitoring, personal identification and access control, financial transactions, and others, by several end users, such as healthcare, financial services, retail and logistics, government and law enforcement, and others.

The human microchipping market size has grown strongly in recent years. It will grow from $1.85 billion in 2024 to $1.99 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to breakthroughs in semiconductor technology and miniaturization, rising concerns about identity theft, data breaches, and unauthorized access, increasing demand for medical implants and devices, companies started exploring microchipping as a means of employee identification and access control, regulatory approval.

The human microchipping market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to integration with emerging technologies, increased integration of microchips with healthcare systems, growing demand for seamless and convenient payment methods, increasing adoption of microchipping technology, the development of smart city infrastructure. Major trends in the forecast period include enhanced biometric authentication, microchips embedded in wearable devices and medical implants, augmented reality integration, environmental sustainability, personalized healthcare.

The growing demand for contactless transactions is expected to propel the growth of the human microchipping market going forward. Contactless transactions refer to a safe way of making a purchase when the seller's point-of-sale (POS) terminal and the buyer's card don't have to come into direct contact. The COVID-19 pandemic significantly accelerated the adoption of contactless payments due to heightened concerns about hygiene and germ transmission. Human microchipping is used in contactless or digital payments using near-field communication (NFC) or radio-frequency identification (RFID) technology. Contactless payments can be made possible by implanting these microchips into a person's hand or other bodily part. For instance, in July 2023, according to a report shared by Finder.com, an Australia-based independent comparison website, an estimated 93% of Brits were using online banking in 2022 and another 5.3 million Brits (10%) intend to get a digital-only bank account in 2023. Further, the number of digital-only bank account holders is predicted to be 22.6 million (43%) by 2026. Therefore, the growing demand for contactless transactions is driving the growth of the human microchipping market.

Leading companies in the human microchipping market are advancing technologies like neuron spike detection to boost brain-computer interface (BCI) functionality, foster seamless human-machine communication, and improve neuroprosthetic devices for people with mobility challenges. Neuron spike detection is essential for recognizing and analyzing the electrical signals generated by neurons, advancing our understanding of brain activity and enhancing BCI performance. For example, in January 2024, Neuralink Corporation, a U.S.-based tech firm focused on BCI technology, introduced Telepathy, a human brain-computer interface. This wireless device includes a chip and over 1,000 ultra-thin, flexible electrode arrays implanted into the cerebral cortex. Telepathy detects neuronal activity related to movement, converting these neural signals into computer commands to enable thought-based communication at high speeds. Key features of Telepathy include neuron spike detection, wireless capability, a flexible electrode design for minimally invasive use, and precise robotic implantation, all designed to support enhanced communication for individuals with severe disabilities.

In December 2022, Cantaloupe Inc., a US-based technology company, acquired Three Square Market for $4 million. With this acquisition, Cantaloupe will enhance its position in the micro market industry by offering comprehensive service capabilities. Additionally, the acquisition leads to an immediate expansion of Cantaloupe's global reach, enabling the company to introduce its full range of products to new international markets. Three Square Market is a US-based provider of human microchipping and implanted microchips.

Major companies operating in the human microchipping market are Johnson Controls International PLC, Texas Instruments Inc., STMicroelectronics N.V., NXP Semiconductors, Xerox Corporation, ARM Holdings Plc, Neuralink Corporation, Kaspersky Lab, Cherry Biotech SAS, VivoKey Technologies, Avid Identification Systems Inc., EpiCenter, Micronit Microtechnologies B.V., Applied Digital Solutions, Grindhouse Wetware, Dangerous Things LLC, Digiwell, Baja Beach Club, BioTeq Ltd., Somark Innovations, Walletmor Ltd., Chip AG, Biohax International AB, VeriChip Corporation

North America was the largest region in the human microchipping market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human microchipping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the human microchipping market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The human microchipping market consists of revenues earned by entities by providing services such as microchip implantation, integration, data management, and research and development. The market value includes the value of related goods sold by the service provider or included within the service offering. The human microchipping market also includes sales of syringes, RFID (Radio Frequency Identification) devices, silicate glass, bio-safe encasement, and antenna wire coils. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Human Microchipping Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on human microchipping market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for human microchipping ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The human microchipping market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Implantable Microchips; Non-Implantable Microchips
2) By Technology: RFID (Radio Frequency Identification); NFC (Near Field Communication); Other Technologies
3) By Application: Medical Identification And Monitoring; Personal Identification And Access Control; Financial Transactions; Other Applications
4) By End User: Healthcare; Financial Services; Retail And logistics; Government And Law Enforcement; Other End-Users
Subsegments:
1) By Implantable Microchips: RFID Microchips; NFC Microchips; Biometric Microchips
2) By Non-Implantable Microchips: Wearable Microchips; Portable Microchips; External RFID Tags
Companies Mentioned: Johnson Controls International PLC; Texas Instruments Inc.; STMicroelectronics N.V.; NXP Semiconductors; Xerox Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r28281

1. Executive Summary

2. Human Microchipping Market Characteristics

3. Human Microchipping Market Trends And Strategies

4. Human Microchipping Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Human Microchipping Growth Analysis And Strategic Analysis Framework

5.1. Global Human Microchipping PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Human Microchipping Market Growth Rate Analysis
5.4. Global Human Microchipping Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Human Microchipping Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Human Microchipping Total Addressable Market (TAM)

6. Human Microchipping Market Segmentation

6.1. Global Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Implantable Microchips
Non-Implantable Microchips
6.2. Global Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
RFID (Radio Frequency Identification)
NFC (Near Field Communication)
Other Technologies
6.3. Global Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Medical Identification And Monitoring
Personal Identification And Access Control
Financial Transactions
Other Applications
6.4. Global Human Microchipping Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Healthcare
Financial Services
Retail And logistics
Government And Law Enforcement
Other End-Users
6.5. Global Human Microchipping Market, Sub-Segmentation Of Implantable Microchips, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
RFID Microchips
NFC Microchips
Biometric Microchips
6.6. Global Human Microchipping Market, Sub-Segmentation Of Non-Implantable Microchips, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Wearable Microchips
Portable Microchips
External RFID Tags

7. Human Microchipping Market Regional And Country Analysis

7.1. Global Human Microchipping Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Human Microchipping Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Human Microchipping Market

8.1. Asia-Pacific Human Microchipping Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Human Microchipping Market

9.1. China Human Microchipping Market Overview
9.2. China Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Human Microchipping Market

10.1. India Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Human Microchipping Market

11.1. Japan Human Microchipping Market Overview
11.2. Japan Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Human Microchipping Market

12.1. Australia Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Human Microchipping Market

13.1. Indonesia Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Human Microchipping Market

14.1. South Korea Human Microchipping Market Overview
14.2. South Korea Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Human Microchipping Market

15.1. Western Europe Human Microchipping Market Overview
15.2. Western Europe Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Human Microchipping Market

16.1. UK Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Human Microchipping Market

17.1. Germany Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Human Microchipping Market

18.1. France Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Human Microchipping Market

19.1. Italy Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Human Microchipping Market

20.1. Spain Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Human Microchipping Market

21.1. Eastern Europe Human Microchipping Market Overview
21.2. Eastern Europe Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Human Microchipping Market

22.1. Russia Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Human Microchipping Market

23.1. North America Human Microchipping Market Overview
23.2. North America Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Human Microchipping Market

24.1. USA Human Microchipping Market Overview
24.2. USA Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Human Microchipping Market

25.1. Canada Human Microchipping Market Overview
25.2. Canada Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Human Microchipping Market

26.1. South America Human Microchipping Market Overview
26.2. South America Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Human Microchipping Market

27.1. Brazil Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Human Microchipping Market

28.1. Middle East Human Microchipping Market Overview
28.2. Middle East Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Human Microchipping Market

29.1. Africa Human Microchipping Market Overview
29.2. Africa Human Microchipping Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Human Microchipping Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Human Microchipping Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Human Microchipping Market Competitive Landscape And Company Profiles

30.1. Human Microchipping Market Competitive Landscape
30.2. Human Microchipping Market Company Profiles
- 30.2.1. Johnson Controls International PLC Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Texas Instruments Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. STMicroelectronics N.V. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. NXP Semiconductors Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Xerox Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Human Microchipping Market Other Major And Innovative Companies

31.1. ARM Holdings Plc
31.2. Neuralink Corporation
31.3. Kaspersky Lab
31.4. Cherry Biotech SAS
31.5. VivoKey Technologies
31.6. Avid Identification Systems Inc.
31.7. EpiCenter
31.8. Micronit Microtechnologies B.V.
31.9. Applied Digital Solutions
31.10. Grindhouse Wetware
31.11. Dangerous Things LLC
31.12. Digiwell
31.13. Baja Beach Club
31.14. BioTeq Ltd.
31.15. Somark Innovations

32. Global Human Microchipping Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Human Microchipping Market

34. Recent Developments In The Human Microchipping Market

35. Human Microchipping Market High Potential Countries, Segments and Strategies

35.1 Human Microchipping Market In 2029 - Countries Offering Most New Opportunities
35.2 Human Microchipping Market In 2029 - Segments Offering Most New Opportunities
35.3 Human Microchipping Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer