What is the global market size of Small Animal Imaging Market?

Small Animal Imaging Market size was valued at USD 8.3 billion in 2021 and is poised to grow from USD 8.83 billion in 2022 to USD 14.53 billion by 2030, growing at a CAGR of 6.42% in the forecast period (2023-2030).

Small Animal Imaging Market Size, Share, Growth Analysis, By Type(Optical Imaging, Nuclear Imaging, Magnetic Resonance Imaging, Computed Tomography and Ultrasound Imaging.), By Application(Oncology, Neurology, Cardiology, Inflammation/Infection and Other Applications.), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35E2027 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 65 | Figures: 75

Small Animal Imaging Market Dynamics

Small Animal Imaging Market Drivers

Growing Preclinical Research

The growing emphasis on preclinical research in pharmaceuticals, biotechnology, and life sciences is fueling the demand for small animal imaging systems. These advanced imaging technologies enable researchers to conduct in-depth studies on diseases, monitor disease progression, evaluate treatment effectiveness, and assess the safety and toxicity of new drugs or therapies.

Small Animal Imaging Market Restraints

Limited Availability of Imaging Agents

The availability of specific imaging agents for small animal imaging can pose challenges. The development and validation of imaging agents suitable for preclinical studies can be a time-consuming and costly process, limiting their widespread adoption. The limited availability of these agents can impact the overall utilization of small animal imaging technologies in research settings.

Small Animal Imaging Market Report Snapshots

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Small Animal Imaging Market size was valued at USD 8.83 billion in 2022 and is poised to grow from USD 9.39 billion in 2023 to USD 15.45 billion by 2031, growing at a CAGR of 6.42% in the forecast period (2024-2031)

The global small animal imaging market is a highly competitive landscape, characterized by the presence of several key players offering advanced imaging technologies and solutions. Small animal imaging involves the use of non-invasive imaging modalities to visualize and study the anatomical, functional, and molecular aspects of small animals, such as mice and rats, for research purposes. 'PerkinElmer (US)', 'Bruker Corporation (US)', 'FUJIFILM VisualSonics Inc. (Canada)', 'Mediso Ltd. (Hungary)', 'MILabs B.V. (Netherlands)', 'Aspect Imaging Ltd. (Israel)', 'MR Solutions Ltd. (United Kingdom)', 'Trifoil Imaging (US)', 'Siemens Healthineers (Germany)', 'GE Healthcare (US)', 'Agilent Technologies, Inc. (US)', 'MILabs B.V. (Netherlands)', 'SCANCO Medical AG (Switzerland)', 'Bioscan, Inc. (US)', 'LI-COR Biosciences (US)', 'Aspect Imaging Ltd. (Israel)', 'MR Solutions Ltd. (UK)', 'Scanco Medical AG (Switzerland)', 'Life Technologies Corporation (US)', 'Promega Corporation (US)'

The growing emphasis on preclinical research in pharmaceuticals, biotechnology, and life sciences is fueling the demand for small animal imaging systems. These advanced imaging technologies enable researchers to conduct in-depth studies on diseases, monitor disease progression, evaluate treatment effectiveness, and assess the safety and toxicity of new drugs or therapies.

One key market trend in the global small animal imaging market is the increasing adoption of multimodal imaging techniques. Multimodal imaging involves the integration of multiple imaging modalities to provide a comprehensive and in-depth understanding of biological processes and disease progression in small animals. This trend is driven by the need for more accurate and detailed imaging data in preclinical research and drug development. By combining different imaging techniques such as positron emission tomography (PET), computed tomography (CT), magnetic resonance imaging (MRI), and optical imaging, researchers can obtain complementary information and improve the overall sensitivity and specificity of imaging studies.

The dominant region in the global small animal imaging market is North America. North America has been at the forefront of research and development in the field of small animal imaging, with a strong presence of pharmaceutical and biotechnology companies, academic research institutions, and advanced healthcare infrastructure. The region has witnessed significant investments in preclinical research, drug discovery, and development, which have propelled the demand for small animal imaging technologies.

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Small Animal Imaging Market Dynamics

Small Animal Imaging Market Report Snapshots

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