Small Animal Imaging In Vivo Market
Report ID: SQSG35A2089
Small Animal Imaging In Vivo Market Size, Share, Growth Analysis, By Technology(Micro-MRI, Optical, Nuclear imaging, Micro-ultrasound), By Application(Cancer cell detection, Bio-distribution, Monitoring Therapy Response, Longitudinal Studies), By Region - Industry Forecast 2025-2032
Report ID:
SQSG35A2089 |
Region:
Global |
Published Date: April, 2024
Pages:
224
|Tables:
66
|Figures:
77
Small Animal Imaging In Vivo Market Insights
Small Animal Imaging In Vivo Market size was valued at USD 8921.38 Million in 2023 and is poised to grow from USD 9494.13 Million in 2024 to USD 15619.03 Million by 2032, growing at a CAGR of 6.42% during the forecast period (2025-2032).
Numerous nuclear imaging technologies, such as micro MRI, micro CT, and micro PET, have been adapted into micro level equipment. In addition to these technologies, the market has seen growth in multimodal imaging, micro-ultrasound imaging, micro-magnetic resonance imaging (MRI), optical imaging such as bioluminescence and fluorescence imaging, and optical imaging. A few variables having a beneficial effect on the global market include the rise in pre-clinical research, rising CRO investments in research activities, expanding use of multi-functional pre-clinical imaging, and technology breakthroughs such high resolution multimodality MRI. However, the tight regulatory requirements combined with the poor reimbursement scenario would in some ways limit market expansion. Despite the aforementioned market restrictions, the commercialization of affordable technologies will mitigate their adverse effects and drive the industry's expansion, especially in emerging nations.
The primary drivers of the market's expansion include an increase in the number of pharmaceutical businesses and clinical research institutions, as well as in-vivo imaging applications in pre-clinical research, real-time data storage, and high-resolution modalities. The need for high-end equipment along with inadequate infrastructure for research facilities, modern instruments, and a lack of experienced research people in developing economies are projected to be the main market limitations for small animal imaging (in-vivo). Going forward, the global clinical research initiatives, along with the development in technologies associated with pre-clinical trials will provide the platform for growth.
North America, which has adopted sophisticated technologies, is the market leader across all geographies due to its favourable reimbursement policies. Due to significant financial investments and the accessibility of modern small animal in-vivo imaging systems, such as micro-Photoacoustic tomography (Micro-PAT), in pre-clinical research, North America holds around 35% of the global market share for small animal imaging (in-vivo). On the other hand, throughout the projection period, the Asia-Pacific market will expand at a promising CAGR of 11.5%. The fact that the sector is still mostly untouched and experiencing such high growth rates presents a business opportunity for companies who make small imaging devices for animals. The small animal (in-vivo) imaging business was stimulated by the COVID-19 epidemic. The majority of COVID-19 patients experience mild to moderate symptoms and recover at home, however a few required hospitalisation. The market appears to be significantly impacted by COVID-19.
Many governments implemented transit and travel restrictions in an effort to stop the spread of COVID-19, which hindered international trade and transportation. As a result, there was a temporary drop in product demand and the supply chain for small animal (in-vivo) imaging was disrupted. Limited access to current and potential customers has hindered market operators' ability to provide small animal (in vivo) imaging devices and apply previously marketed products, which will cause a little decline in growth rate in 2019.
US Small Animal Imaging In Vivo Market is poised to grow at a sustainable CAGR for the next forecast year.
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Small Animal Imaging In Vivo Market Segmental Analysis
Global Small animal imaging Market is classified on the basis of application, technology and geography. The small animal imaging (in-vivo) market is divided into micro-MRI, optical, nuclear imaging, and others, such as micro-CT and micro-ultrasound,based on technology.The market is segmented by application into sectors for cancer cell detection, bio-distribution, monitoring therapy response, longitudinal studies, and epigenetic studies. Based on geography, the small animal imaging market is segmented into North America , Latin America , Western Europe , Asia Pacific, Japan, Middle East and Africa.
Small Animal Imaging In Vivo Market Analysis by Technology
Due to its quick and simple procedures and superior cost effectiveness when compared to other modalities, optical imaging was the most lucrative segment in terms of revenue in 2021. Due to its benefits, such as its precise and specialised operations, which aid in producing enhanced outcomes in preclinical research, micro-MRI technology is expected to post the greatest CAGR throughout the projection period.
Small Animal Imaging In Vivo Market Analysis by Application
The two biggest application sectors are bio-distribution and treatment response monitoring. The largest segment was bio-distribution, and it is expected that this trend would continue over the projected period. It is essential to evaluate the drug-target engagement of novel molecules or preclinical bio-distribution when assessing drug efficacy in order to optimize drug formulations and find appropriate profiles. Noninvasive near infrared (NIR) fluorescence imaging allows for the real-time viewing and detection of a novel drug's whole body tissue biodistribution. On the other hand, the market participants can expect the quickest growth in the cancer cell detection category due to the rising global cancer prevalence. By 2022, it is expected that the cancer cell detection application will command a sizable market share.
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Small Animal Imaging In Vivo Market Regional Insights
North America contributed the most to global revenue. The expansion of the market in the area can be ascribed to the development of inventive modality as a result of technical progress. The industry is expected to have great growth throughout the forecast period thanks to a variety of preclinical research being conducted in the area.
Europe is predicted to be the second-largest market during the forecast period due to the existence of numerous clinical research, pharmaceutical, and diagnostic device manufacturers. The movement of clinical research efforts from developed to developing countries is expected to cause the Asia Pacific region to grow at the quickest rate over the projected period.
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Small Animal Imaging In Vivo Market Dynamics
Small Animal Imaging In Vivo Market Driver
- Growing adoption of multimodal imaging equipment is expected to grow the market during the forecasted period. Moreover, the expansion of the small animal (in-vivo) imaging market will be aided by the rising costs for the healthcare industry.
- Additionally, the market is expected to advance due to the growing acceptance of non-invasive technologies for small animal imaging. The market for small animal (in-vivo) imaging is expanding as a result of factors like rising disposable income and increasing urbanisation. The primary market factors that will accelerate the expansion of the small animal (in-vivo) imaging market include also rising healthcare infrastructure spending. There are several applications for small animal imaging systems and reagents in oncology, particularly with the surge in cancer incidence globally.
Small Animal Imaging In Vivo Market Restraint
- Over the projected period, the small animal imaging market's growth is expected to be constrained by high equipment costs and technological limitations. Other issues affecting the small animal imaging market include a lack of experienced workers in emerging nations and inadequate research amenities and infrastructure.
- The market for small animal (in-vivo) imaging will face difficulties due to poor healthcare spending in developing nations and a lack of uniform standards. During the projection period of 2022–2028, low awareness and a lack of experienced professionals would also limit and restrict the market's growth pace.
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Small Animal Imaging In Vivo Market Competitive Landscape
Major manufacturers are focusing on executing crucial business tactics like collaboration, acquisition, and new product releases in order to increase their product line and keep a monopoly on the market. In the numerous submarkets of the global small animal imaging market, there are a number of regional and international players. Most market participants want to increase their market share, therefore innovation is being included into both their products and acquisitions.
Small Animal Imaging In Vivo Market Top Player’s Company Profiles
- Bruker Corporation
- Fujifilm Holdings Corporation
- Mediso Ltd.
- PerkinElmer, Inc.
- Siemens Healthineers AG
- MILabs B.V.
- Aspect Imaging Ltd.
- MR Solutions Ltd.
- LI-COR Biosciences
- Thermo Fisher Scientific Inc.
- Miltenyi Biotec GmbH
- Trifoil Imaging Inc.
- MRICron
- Scanco Medical AG
- Sofie Biosciences, Inc.
- Gamma Medica, Inc.
- Bioscan, Inc.
- Aspect Magnet Technologies Ltd.
- Perceptive Instruments Ltd.
- AXT Pty Ltd.
Small Animal Imaging In Vivo Market Recent Development
- In March 2021, Real-time reverse transcription (qRT) PCR-based diagnostic kit for SARS-CoV-2 RNA detection will be released, according to Agilent Technologies Inc., an American analytical equipment development and manufacturing firm that provides its goods and services to markets across the world.
- In April 2021, After getting regulatory permission from the Competition Commission of India, Siemens AG, one of the major players in the global small animal imaging market, bought C&S Electric, an Indian maker of grid technology, for about $285 million, acquiring roughly 99.22 percent of the business.
Small Animal Imaging In Vivo Key Market Trends
- The rapid increase in demand for non-invasive small animal imaging techniques is a key factor in the market's expansion. Other important factors include the expansion of pharmaceutical companies and research organisations, the funding of various developments made by both public and private organisations, and the rapid advancement of many fields, including chemistry, computer science, engineering, medicine, and molecular biology. Additionally, the small animal imaging (in-vivo) market will see new growth prospects during the predicted period of 2021–2028 due to an increase in demand from emerging nations and an increase in market R&D efforts.
- The major factors, among others, that will impede market growth and further challenge the growth of the small animal imaging (in-vivo) market in the forecast period mentioned above are, however, the rise in the stringent regulations governing small animal research, the increase in the inadequate number of skilled researchers, the bitter condition of the infrastructure, and the rise in the rigid healthcare expenditures in various countries.
Small Animal Imaging In Vivo Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected using Primary Exploratory Research backed by the robust Secondary Desk research.
According to the analysis, cancer cell detection dominated the global Small animal imaging in vivo Market in 2021 and is expected to maintain its dominance throughout the forecast period. In 2021, North America dominated the global Small animal imaging in vivo Market owing to the region's highly aware and economically stable population.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 8372.91 million |
| Market size value in 2031 | USD 14676.78 million |
| Growth Rate | 6.42% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Small Animal Imaging In Vivo Market Recent Development
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| Customization scope | Free report customization with purchase. Customization includes:-
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| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Small Animal Imaging In Vivo Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Small Animal Imaging In Vivo Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Small Animal Imaging In Vivo Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Small Animal Imaging In Vivo Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Small Animal Imaging In Vivo Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Small Animal Imaging In Vivo Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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